$5,311

Avg. Federal Grant

$4,120

Avg. Federal Loan

$192,039

Total Aid Awarded

Waynes College of Beauty Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

82%

Total Aid Amount Average Total Aid Awarded per year.

$192.039K

Financial Aid Official Website

www.waynescollegeofbeauty.com

Notably, 89% of the students at Waynes College of Beauty get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $77,686. The total percentage of candidates applying to Waynes College of Beauty who receive the Federal Grant is 78%. Meanwhile, 83% of the applicants receive the Student Grant, while 78% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,541. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 WCB, an estimated number of 33% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

93%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

93%

Average Aid Awarded

Federal Grant Aid

$5,311

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,105

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,008

$30,001 - $48,000

$6,032

$48,001 - $75,000

$3,770

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Waynes College of Beauty

Average Loan Amount Average Loan Amount received per year.

$4,120/Year

Students Taking Out Loans

20%

Loan Default Rate

N/A

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