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 sum total of attendance at Arkansas College of Barbering and Hair Design can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Arkansas College of Barbering and Hair Design offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Arkansas College of Barbering and Hair Design.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Arkansas College of Barbering and Hair Design, 100% of the incoming full-time class was awarded financial aid (about 18 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,734 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,734 |
| State/local grants | 0% | — |
| Federal student loans | 83% | $5,801 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 68% of the undergraduate population received grant aid that averaged $4,610 (across approximately 82 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $4,610 |
| Federal Pell grants | 68% | $4,610 |
| Federal student loans | 67% | $6,432 |
Title-IV recipients living on campus saw average grant aid of $3,694.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $35,353 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,011 |
| Off-campus title-IV students | $35,353 |
For a personalized estimate based on your family’s financial situation, use Arkansas College of Barbering and Hair Design’s net price tool: arktech.edu/careeer-services/net-price-calculator/.
The middle student in the debt distribution at Arkansas College of Barbering and Hair Design owes $9,833 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Arkansas College of Barbering and Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $16,285 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $13,000 |
The figure below distills the debt data into a single burden category for Arkansas College of Barbering and Hair Design.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Arkansas College of Barbering and Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1413 |
| Total Stafford loan amount | $17,215,373 |
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 | 1 |
| Total GI Bill amount | $13,350 |
| Average GI Bill amount per recipient | $13,350 |
References
More about our data sources and methodologies.