$3,195

Avg. Federal Grant

$3,699

Avg. Federal Loan

$428,774

Total Aid Awarded

Victoria Beauty College Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$428.774K

Financial Aid Official Website

N/A

Interestingly, almost all of the students at VBCI receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $290,287 in a year. At VBCI, the total percentage of applicants who receive the Federal Grant stands at 100%. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $1,854. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 100% of the applicants to Victoria Beauty College Inc opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$3,195

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,195

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,195

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Victoria Beauty College Inc

Average Loan Amount Average Loan Amount received per year.

$3,699/Year

Students Taking Out Loans

100%

Loan Default Rate

8.9%

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