$4,336

Avg. Federal Grant

$5,917

Avg. Federal Loan

$260,140

Total Aid Awarded

Strand College of Hair Design Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$260.140K

Financial Aid Official Website

strandcollege.com/financial-aid/

Notably, 71% of the students at Strand College of Hair Design get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $390,147. At SCHD, the total percentage of applicants who receive the Federal Grant stands at 62%. On the other hand, 62% of the candidates get the Student Grant, while 62% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,631. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 SCHD, an estimated number of 64% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,336

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,336

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,129

$30,001 - $48,000

$1,892

$48,001 - $75,000

$2,289

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Strand College of Hair Design

Average Loan Amount Average Loan Amount received per year.

$5,917/Year

Students Taking Out Loans

52%

Loan Default Rate

2.8%

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