$3,552

Avg. Federal Grant

$4,348

Avg. Federal Loan

$44,232

Total Aid Awarded

Vincennes Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

37%

Total Aid Amount Average Total Aid Awarded per year.

$44.232K

Financial Aid Official Website

N/A

As many as 32% of the students at VBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $92,023 in a year. Notably, a total of 27% of the applicants to Vincennes Beauty College receive the Federal Grant every year. On the other hand, 27% of the candidates get the Student Grant, while 27% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,329. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At VBC, an estimated number of 32% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

24%

State Grant Aid

5%

Institution Grant Aid

N/A

Pell Grant

24%

Average Aid Awarded

Federal Grant Aid

$3,552

State Grant Aid

$4,765

Institution Grant Aid

N/A

Pell Grant

$3,552

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,552

$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 Vincennes Beauty College

Average Loan Amount Average Loan Amount received per year.

$4,348/Year

Students Taking Out Loans

33%

Loan Default Rate

5.2%

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