by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Academy of Hair Design - Jackson can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financing options does Academy of Hair Design - Jackson offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Academy of Hair Design - Jackson.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Academy of Hair Design - Jackson, 90% of first-time, full-time freshmen received some form of financial aid (about 18 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,444 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 90% | $5,444 |
| State/local grants | 0% | — |
| Federal student loans | 85% | $7,823 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Academy of Hair Design - Jackson, roughly 85% of undergraduates were awarded an average grant or scholarship of $5,759 (across approximately 99 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,759 |
| Federal Pell grants | 85% | $5,759 |
| Federal student loans | 68% | $7,661 |
Title-IV recipients living on campus saw average grant aid of $5,444.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,068 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $17,356 |
| Off-campus title-IV students | $20,068 |
For an estimate tailored to your family circumstances, see Academy of Hair Design - Jackson’s net price calculator: mississippibarberacademy.com/NetPriceCalculator/npcalc.htm.
The median federal debt load at Academy of Hair Design - Jackson comes to $6,500 of cumulative federal debt.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Academy of Hair Design - Jackson.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $6,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $6,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Academy of Hair Design - Jackson.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Academy of Hair Design - Jackson:
| Metric | Value |
|---|---|
| Stafford loan recipients | 589 |
| Total Stafford loan amount | $3,884,587 |
References
More about our data sources and methodologies.