$4,782

Avg. Federal Grant

$5,464

Avg. Federal Loan

$96,880

Total Aid Awarded

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Hillsdale Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$96.880K

Financial Aid Official Website

www.hillsdalebeautycollege.com

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $65,250. The total percentage of candidates applying to Hillsdale Beauty College who receive the Federal Grant is 100%. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,908. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At HBC, an estimated number of 94% of the applicants choose to go for student loans.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

82%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

82%

Average Aid Awarded

Federal Grant Aid

$4,782

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,782

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,473

$30,001 - $48,000

$3,940

$48,001 - $75,000

$3,064

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Hillsdale Beauty College

Average Loan Amount Average Loan Amount received per year.

$5,464/Year

Students Taking Out Loans

91%

Loan Default Rate

8.6%

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