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 sum total of attendance at American Hair Academy can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can American Hair Academy offer, and what will you qualify for? Keep reading for more information. Keep going to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from American Hair Academy.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at American Hair Academy, 64% of entering full-time freshmen got some type of financial assistance some 9 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 29% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 29% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 57% | $9,329 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At American Hair Academy, approximately 41% of undergrads got grants or scholarships worth on average $7,557 (covering around 13 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $7,557 |
| Federal Pell grants | 41% | $7,395 |
| Federal student loans | 53% | $8,178 |
On-campus students receiving title-IV aid were awarded grants averaging $3,287.
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 | $11,892 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $11,556 |
| Off-campus title-IV students | $12,831 |
To get a personalized net price estimate, try American Hair Academy’s net price calculator: www.americanhairacademy.com/net-price-calculator.
The median federal debt load at American Hair Academy comes to $9,858 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,858 |
These indicators are derived from the underlying debt data and summarize the overall picture at American Hair Academy.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at American Hair Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 254 |
| Total Stafford loan amount | $2,936,205 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $5,714 |
| Average GI Bill amount per recipient | $5,714 |
References
More about our data sources and methodologies.