by our College Data Analytics TeamA large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Academy of Hair Technology can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Academy of Hair Technology offer, and what will you qualify for? Keep scrolling for more information. Read on to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Academy of Hair Technology.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Academy of Hair Technology, 100% of first-time, full-time freshmen received some form of financial aid (about 1 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Academy of Hair Technology, some 39% of undergraduates were awarded an average grant or scholarship of $4,544 (across approximately 63 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $4,544 |
| Federal Pell grants | 39% | $4,544 |
| Federal student loans | 28% | $3,609 |
Title-IV recipients living on campus saw average grant aid of $7,395.
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 | $11,409 |
To project your own net price, use Academy of Hair Technology’s net price calculator: www.hairchamps.com/net-price-calculator.
Graduating students at Academy of Hair Technology carry a median federal student debt of $2,750 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $2,750 |
| Median federal debt (graduates only) | $3,417 |
| Typical 10-year monthly payment (graduates) | $36.23/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Academy of Hair Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,333 |
| 75th percentile | $6,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $2,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Academy of Hair Technology.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Academy of Hair Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 749 |
| Total Stafford loan amount | $4,103,164 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.