$5,598

Avg. Federal Grant

$3,708

Avg. Federal Loan

$53,333

Total Aid Awarded

Jenks Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$53.333K

Financial Aid Official Website

jenksbeautycollege.com

Notably, 89% of the students at Jenks Beauty College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $484,702. At JBC, the total percentage of applicants who receive the Federal Grant stands at 67%. Meanwhile, 67% of the applicants receive the Student Grant, while 67% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,489. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Jenks Beauty College, the percentage of candidates who opt to avail of student loans is around 67%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,598

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,498

It is basic to recognize what number of students get certain aides since it gives the students a splendid idea on what's in store from a wide scope of help they are envisioning. Everybody is prepared for budgetary direction and the ensuing they apply to the school through FAFSA structure, yet the significant thing to raise is the way often similarly concerning whom is a sure guide given. The breakdown of the financial assistance provided is:

  • More than 67% of students receive Pell Grants which add up to $5,498.

  • As per the reports, roughly 67% of students have given Federal Grant Aid which adds up to $5,598.

  • No student has been provided state and institutional aid till now.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,320

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Federal Aid or Financial aid is also received by the students depending upon the family income. For this, Jenks Beauty College has different financial aid for different income groups.

The overview of the amount of aid you can receive bases on your family  annual income

  • Income range between $0 to $30,0000, federal grant sums up to $6,320.

Student Loans for Jenks Beauty College

Average Loan Amount Average Loan Amount received per year.

$3,708/Year

Students Taking Out Loans

100%

Loan Default Rate

5.1%

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