by our College Data Analytics TeamA large number of students will not be asked to pay 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 price tag of going to Carolina College of Hair Design can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Carolina College of Hair Design offer, and what will you qualify for? Keep reading for more information. Read on to find out how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Carolina College of Hair Design.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Carolina College of Hair Design, 55% of first-year full-time students received aid of some kind roughly 37 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $5,232 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 48% | $5,232 |
| State/local grants | 0% | — |
| Federal student loans | 43% | $4,192 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Carolina College of Hair Design, roughly 48% of undergraduates were awarded an average grant or scholarship of $5,232 (among about 32 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $5,232 |
| Federal Pell grants | 48% | $5,232 |
| Federal student loans | 43% | $4,192 |
For on-campus title-IV students, average grant aid came to $4,650.
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 | $13,048 |
| $30,001 – $75,000 | $15,611 |
| Over $75,000 | $16,839 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $13,396 |
| Off-campus title-IV students | $13,922 |
For a customized cost estimate, visit Carolina College of Hair Design’s net price tool: carolinacollege.com/documents/npcalc.html.
The median student at Carolina College of Hair Design graduates with $4,712 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,712 |
| Median federal debt (graduates only) | $4,889 |
| Typical 10-year monthly payment (graduates) | $51.83/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Median debt varies by family income, by first-generation status, and by dependency status.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,032 |
| Independent students | $3,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Carolina College of Hair Design.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Carolina College of Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 86 |
| Total Stafford loan amount | $404,863 |
References
More about our data sources and methodologies.