by our College Data Analytics TeamMany students are not billed 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 total price of attendance at Barber Tech Academy can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Barber Tech Academy deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Barber Tech Academy.
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.
For freshmen starting at Barber Tech Academy, 100% of the incoming full-time class was awarded financial aid approximately 6 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,163 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $6,163 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $8,833 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Barber Tech Academy, roughly 54% of undergrads got grants or scholarships worth on average $6,353 (for some 50 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $6,353 |
| Federal Pell grants | 53% | $6,453 |
| Federal student loans | 48% | $8,012 |
For students living on campus and receiving title-IV aid, grants averaged $6,163.
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 | $20,283 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $31,354 |
| Off-campus title-IV students | $20,283 |
To get a personalized net price estimate, try Barber Tech Academy’s NPC: www.npcbarbertechacademy.com/Netprice/npcalc.htm.
The median federal debt load at Barber Tech Academy comes to $4,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Barber Tech Academy.
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 Barber Tech Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 185 |
| Total Stafford loan amount | $1,761,282 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $9,618 |
| Average GI Bill amount per recipient | $9,618 |
References
More about our data sources and methodologies.