$4,291

Avg. Federal Grant

$6,968

Avg. Federal Loan

$222,636

Total Aid Awarded

Diamonds Cosmetology College (DCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$222.636K

Financial Aid Official Website

www.diamondscosmetology.com/financial-aid/

It is interesting to note that, every year, around 93% of students at DCC receive some kind of financial aid, while the total amount of assistance/loans provided is $348,185. The total percentage of candidates applying to Diamonds Cosmetology College who receive the Federal Grant is 88%. On the other hand, 91% of the candidates get the Student Grant, while 88% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,504. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 72% of the applicants to Diamonds Cosmetology College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

78%

Average Aid Awarded

Federal Grant Aid

$4,291

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,291

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,166

$30,001 - $48,000

$4,000

$48,001 - $75,000

$2,713

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Diamonds Cosmetology College (DCC)

Average Loan Amount Average Loan Amount received per year.

$6,968/Year

Students Taking Out Loans

75%

Loan Default Rate

N/A

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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