by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Academy of Hair Design - Grenada can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can Academy of Hair Design - Grenada deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Academy of Hair Design - Grenada.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Academy of Hair Design - Grenada, 100% of entering full-time freshmen got some type of financial assistance roughly 7 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,867 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $5,867 |
| State/local grants | 0% | — |
| Federal student loans | 86% | $7,667 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 79% of undergraduate students received gift aid averaging $5,494 (for some 33 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,494 |
| Federal Pell grants | 79% | $5,494 |
| Federal student loans | 67% | $6,027 |
For on-campus title-IV students, average grant aid came to $5,867.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,493 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,742 |
| Off-campus title-IV students | $20,493 |
For a personalized estimate based on your family’s financial situation, use Academy of Hair Design - Grenada’s official net price calculator: academyofhair.com/NetPriceCalculator/npcalc.htm.
The middle student in the debt distribution at Academy of Hair Design - Grenada owes $6,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $6,786 |
| Typical 10-year monthly payment (graduates) | $71.94/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Academy of Hair Design - Grenada.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,379 |
| 75th percentile | $7,100 |
| 90th percentile (highest-debt students) | $10,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $6,500 |
The figure below distills the debt data into a single burden category for Academy of Hair Design - Grenada.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Academy of Hair Design - Grenada:
| Metric | Value |
|---|---|
| Stafford loan recipients | 589 |
| Total Stafford loan amount | $3,884,587 |
References
More about our data sources and methodologies.