by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Brittany Beauty Academy can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Brittany Beauty Academy deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Brittany Beauty Academy.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Brittany Beauty Academy, 91% of first-year full-time students received aid of some kind (about 10 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,249 |
| Institutional grants & scholarships | 45% | $82 |
| Federal Pell grants | 82% | $6,076 |
| State/local grants | 0% | — |
| Federal student loans | 82% | $6,907 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Brittany Beauty Academy, some 58% of undergraduate students received gift aid averaging $4,574 (across roughly 94 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $4,574 |
| Federal Pell grants | 57% | $4,500 |
| Federal student loans | 43% | $6,549 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,953.
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 | $22,033 |
| $30,001 – $75,000 | $23,035 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $23,643 |
| Off-campus title-IV students | $22,033 |
For a personalized estimate based on your family’s financial situation, use Brittany Beauty Academy’s official net price calculator: brittanyacademy.edu/net-price-calculator/.
The middle student in the debt distribution at Brittany Beauty Academy owes $6,333 of cumulative federal debt.
| 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 |
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 percentiles below describe the cumulative federal debt distribution for borrowers at Brittany Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $4,850 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
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 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,750 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Brittany Beauty Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Brittany Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2389 |
| Total Stafford loan amount | $15,344,044 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.