Most students will never be charged 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 total cost of going to Avalon School of Cosmetology - Phoenix can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Avalon School of Cosmetology - Phoenix offer, and what will you qualify for? Keep reading for more information. Scroll down to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Avalon School of Cosmetology - Phoenix.
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.
For incoming first-year students at Avalon School of Cosmetology - Phoenix, 98% of first-time, full-time freshmen received some form of financial aid (about 163 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,671 |
| Institutional grants & scholarships | 4% | $1,417 |
| Federal Pell grants | 72% | $5,832 |
| State/local grants | 1% | $6,294 |
| Federal student loans | 95% | $8,995 |
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 Avalon School of Cosmetology - Phoenix, roughly 76% of undergraduates were awarded an average grant or scholarship of $5,140 (covering around 386 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,140 |
| Federal Pell grants | 70% | $5,367 |
| Federal student loans | 91% | $8,529 |
Title-IV recipients living on campus saw average grant aid of $4,974.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,654 |
| $30,001 – $75,000 | $16,902 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $17,439 |
| Off-campus title-IV students | $18,895 |
For a customized cost estimate, visit Avalon School of Cosmetology - Phoenix’s net price calculator: avalon.edu/admissions-financial-aid/net-price-calculator/.
A typical borrower at Avalon School of Cosmetology - Phoenix leaves with $6,312 of federal student loans.
| Metric | Amount |
|---|---|
| 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Avalon School of Cosmetology - Phoenix.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,537 |
| 25th percentile | $3,664 |
| 75th percentile | $9,495 |
| 90th percentile (highest-debt students) | $12,012 |
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 | $6,285 |
| Middle income | $6,332 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,287 |
| Continuing-generation students | $6,332 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,332 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Avalon School of Cosmetology - Phoenix.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Avalon School of Cosmetology - Phoenix:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7480 |
| Total Stafford loan amount | $57,785,156 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $9,000 |
| Average GI Bill amount per recipient | $9,000 |
References
More about our data sources and methodologies.