by our College Data Analytics TeamA 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 price tag of going to Award Beauty School can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Award Beauty School offer, and what will you qualify for? Keep reading for more information. Keep scrolling to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Award Beauty School.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Award Beauty School, 100% of new full-time first-years were awarded at least some aid (about 83 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $2,156 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 82% | $2,104 |
| State/local grants | 8% | $500 |
| Federal student loans | 86% | $3,018 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Award Beauty School, about 37% of undergraduate students received gift aid averaging $2,745 (across approximately 75 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $2,745 |
| Federal Pell grants | 37% | $2,469 |
| Federal student loans | 41% | $2,888 |
Title-IV recipients living on campus saw average grant aid of $2,385.
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 | $20,590 |
| $30,001 – $75,000 | $21,513 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $20,576 |
| Off-campus title-IV students | $20,744 |
To project your own net price, use Award Beauty School’s NPC: www.awardbeautyschool.co/misc/netprice/index.html.
Graduating students at Award Beauty School carry a median federal student debt of $7,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,500 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Award Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,942 |
| 25th percentile | $3,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,166 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,309 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Award Beauty School.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Award Beauty School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2386 |
| Total Stafford loan amount | $20,083,121 |
References
More about our data sources and methodologies.