by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Bella Cosmetology College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Bella Cosmetology College offer, and what will you qualify for? Read on for more information. Scroll down to see just how much financial aid could 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 Bella Cosmetology College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Bella Cosmetology College, 92% of first-year full-time students received aid of some kind roughly 47 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $6,413 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $6,413 |
| State/local grants | 0% | — |
| Federal student loans | 90% | $7,907 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Bella Cosmetology College, some 57% of the undergraduate population received grant aid that averaged $6,368 (among about 68 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $6,368 |
| Federal Pell grants | 57% | $6,368 |
| Federal student loans | 58% | $8,076 |
For on-campus title-IV students, average grant aid came to $5,263.
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 | $21,898 |
| $30,001 – $75,000 | $22,006 |
| Over $75,000 | $26,800 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $21,894 |
| Off-campus title-IV students | $22,549 |
To get a personalized net price estimate, try Bella Cosmetology College’s net price calculator: temp.bellacollege.com/net-price-calculator/.
A typical borrower at Bella Cosmetology College leaves with $8,583 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,583 |
| Median federal debt (graduates only) | $10,667 |
| Typical 10-year monthly payment (graduates) | $113.09/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Bella Cosmetology College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,734 |
| 75th percentile | $7,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,583 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Bella Cosmetology College.
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 Bella Cosmetology College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 301 |
| Total Stafford loan amount | $2,478,741 |
References
More about our data sources and methodologies.