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Avalon School of Cosmetology - Layton Financial Aid Details

92% Freshmen Get Financial Aid
$5,333 Average Grant & Scholarship
61% Undergrads Get Grant Aid

A lot of students will never be charged 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 Avalon School of Cosmetology - Layton can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial aid options can Avalon School of Cosmetology - Layton offer, and what will you qualify for? Keep reading for more information. Keep scrolling to see just how much financial aid could be open to you.

Why You Should Understand Avalon School of Cosmetology - Layton Financial Aid Information

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 Avalon School of Cosmetology - Layton.

Typical First Year Financial Aid at Avalon School of Cosmetology - Layton

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Avalon School of Cosmetology - Layton, 92% of the incoming full-time class was awarded financial aid some 34 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)57%$6,911
Institutional grants & scholarships0%
Federal Pell grants54%$6,899
State/local grants0%
Federal student loans78%$7,443

Scholarship and Grant Awards at Avalon School of Cosmetology - Layton

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Avalon School of Cosmetology - Layton, about 61% of the undergraduate population received grant aid that averaged $5,333 (across approximately 180 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)61%$5,333
Federal Pell grants56%$5,468
Federal student loans82%$9,765

For on-campus title-IV students, average grant aid came to $4,058.

Aid by Income Level at Avalon School of Cosmetology - Layton

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$18,731
$30,001 – $75,000$21,507

Each amount is the average cost remaining once grant aid is subtracted, by income band.

Average Net Price for Avalon School of Cosmetology - Layton

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$16,501
Off-campus title-IV students$18,945

For a personalized estimate based on your family’s financial situation, use Avalon School of Cosmetology - Layton’s net price calculator: avalon.edu/admissions-financial-aid/net-price-calculator/.

Student Debt Levels at Avalon School of Cosmetology - Layton

The median student at Avalon School of Cosmetology - Layton graduates with $6,312 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$6,312
Median federal debt (graduates only)$6,332
Typical 10-year monthly payment (graduates)$67.13/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Avalon School of Cosmetology - Layton.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,537
25th percentile$3,664
75th percentile$9,495
90th percentile (highest-debt students)$12,012

How Debt Outcomes Vary by Student Group at Avalon School of Cosmetology - Layton

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$6,285
Middle income$6,332
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$6,287
Continuing-generation students$6,332

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$6,332

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Avalon School of Cosmetology - Layton.

Federal Student Loans at Avalon School of Cosmetology - Layton

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Avalon School of Cosmetology - Layton:

MetricValue
Stafford loan recipients7480
Total Stafford loan amount$57,785,156

Veterans Benefits at Avalon School of Cosmetology - Layton

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients2
Total GI Bill amount$28,600
Average GI Bill amount per recipient$14,300

External Resources for Avalon School of Cosmetology - Layton

References

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