$4,793

Avg. Federal Grant

$4,793

Avg. Federal Loan

$124,000

Total Aid Awarded

Ea La Mars Cosmetology & Barber College (ECBC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$124.000K

Financial Aid Official Website

https://www.ealamarscollege.com

Interestingly, almost all of the students at ELMCBC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $116,786 in a year. The total percentage of candidates applying to Ea La Mar's Cosmetology & Barber College who receive the Federal Grant is 100%. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,463. 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. 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 100% of the applicants to Ea La Mar's Cosmetology & Barber College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

89%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

89%

Average Aid Awarded

Federal Grant Aid

$4,793

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,793

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,793

$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 Ea La Mars Cosmetology & Barber College (ECBC)

Average Loan Amount Average Loan Amount received per year.

$4,793/Year

Students Taking Out Loans

89%

Loan Default Rate

N/A

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