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 sum total of attendance at Branford Academy of Hair and Cosmetology can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Branford Academy of Hair and Cosmetology provide, and just what are you going to be eligible for? Read on for answers. Keep going to learn 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Branford Academy of Hair and Cosmetology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Branford Academy of Hair and Cosmetology, 100% of the incoming full-time class was awarded financial aid roughly 4 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,550 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,550 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Branford Academy of Hair and Cosmetology, roughly 9% of undergraduates were awarded grant or scholarship aid averaging $7,000 (for some 4 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 9% | $7,000 |
| Federal Pell grants | 9% | $7,000 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,450.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,655 |
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 | $4,271 |
| Off-campus title-IV students | $6,953 |
To project your own net price, use Branford Academy of Hair and Cosmetology’s NPC: branfordacademy.com/.
The median student at Branford Academy of Hair and Cosmetology graduates with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Branford Academy of Hair and Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $13,089 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Branford Academy of Hair and Cosmetology.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Branford Academy of Hair and Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 436 |
| Total Stafford loan amount | $4,113,465 |
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 | $13,000 |
| Average GI Bill amount per recipient | $13,000 |
References
More about our data sources and methodologies.