by our College Data Analytics TeamMost students are not billed 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 Baldwin Beauty School - South Austin can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Baldwin Beauty School - South Austin offer, and what will you qualify for? Keep reading for more information. Read on to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Baldwin Beauty School - South Austin.
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.
At Baldwin Beauty School - South Austin, 66% of the incoming full-time class was awarded financial aid some 31 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $2,587 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $2,587 |
| State/local grants | 0% | — |
| Federal student loans | 55% | $6,257 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 50% of undergrads got grants or scholarships worth on average $4,357 (across approximately 37 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $4,357 |
| Federal Pell grants | 50% | $4,357 |
| Federal student loans | 55% | $4,863 |
For students living on campus and receiving title-IV aid, grants averaged $2,420.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,668 |
| $30,001 – $75,000 | $16,862 |
| Over $75,000 | $20,044 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,851 |
| Off-campus title-IV students | $16,878 |
For a customized cost estimate, visit Baldwin Beauty School - South Austin’s net price tool: baldwinbeautyschools.com/.
The median student at Baldwin Beauty School - South Austin graduates with $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,980 |
| Typical 10-year monthly payment (graduates) | $74.0/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Baldwin Beauty School - South Austin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,062 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,959 |
| Middle income | $5,249 |
| High income | $7,916 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,440 |
| Continuing-generation students | $7,667 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,595 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Baldwin Beauty School - South Austin.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Baldwin Beauty School - South Austin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 516 |
| Total Stafford loan amount | $3,159,976 |
References
More about our data sources and methodologies.