by our College Data Analytics TeamA large number of 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 total cost of going to Boca Beauty Academy - Parkland can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Boca Beauty Academy - Parkland deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Boca Beauty Academy - Parkland.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Boca Beauty Academy - Parkland, 80% of first-time, full-time freshmen received some form of financial aid roughly 97 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $4,686 |
| Institutional grants & scholarships | 10% | $3,950 |
| Federal Pell grants | 69% | $4,791 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $5,349 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Boca Beauty Academy - Parkland, around 71% of undergraduates were awarded an average grant or scholarship of $4,904 (for some 172 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $4,904 |
| Federal Pell grants | 54% | $5,973 |
| Federal student loans | 58% | $6,671 |
For on-campus title-IV students, average grant aid came to $2,255.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,991 |
| $30,001 – $75,000 | $18,373 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,227 |
| Off-campus title-IV students | $21,701 |
To get a personalized net price estimate, try Boca Beauty Academy - Parkland’s net price calculator: bocabeautyacademy.edu/documents/npc/index.html.
The median student at Boca Beauty Academy - Parkland graduates with $5,848 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,848 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Boca Beauty Academy - Parkland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,294 |
| 25th percentile | $3,666 |
| 75th percentile | $6,861 |
| 90th percentile (highest-debt students) | $10,936 |
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 | $5,821 |
| Middle income | $5,500 |
| High income | $6,861 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,820 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,972 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Boca Beauty Academy - Parkland.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Boca Beauty Academy - Parkland:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2131 |
| Total Stafford loan amount | $12,478,397 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $155,782 |
| Average GI Bill amount per recipient | $12,982 |
References
More about our data sources and methodologies.