Notably, 94% of the students at Vanguard College of Cosmetology-Baton Rouge get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,080,771. At VCCBR, the total percentage of applicants who receive the Federal Grant stands at 65%. Meanwhile, 65% of the applicants receive the Student Grant, while 65% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,379. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At VCCBR, an estimated number of 92% of the applicants choose to go for student loans.