$5,599

Avg. Federal Grant

N/A

Avg. Federal Loan

$111,567

Total Aid Awarded

Salem College of Hairstyling Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

39%

Total Aid Amount Average Total Aid Awarded per year.

$111.567K

Financial Aid Official Website

www.centralandsalemcolleges.com

Notably, almost all of the students at college get some kind of financial aid every year. At SCH, the total percentage of applicants who receive the Federal Grant stands at 100%. On the other hand, 100% of the candidates get the Student Grant, while 100% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,550. 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

91%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

91%

Average Aid Awarded

Federal Grant Aid

$5,599

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,599

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,563

$30,001 - $48,000

N/A

$48,001 - $75,000

$5,920

$75,001 - $110,000

N/A

Over $110,000

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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