Elaine Steven Beauty College Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$813.863K
Financial Aid Official Website
https://www.esbc.edu/financial-aid/
As many as 90% of the students at ESBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $906,249 in a year. At ESBC, the total percentage of applicants who receive the Federal Grant stands at 77%. In comparison, 77% of the students get the Student Grant, and 77% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,988. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ESBC, an estimated number of 77% of the applicants choose to go for student loans.