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 Celebrity Barber School can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Celebrity Barber School offer you, and what will you qualify for? Keep reading for more information. Keep going to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Celebrity Barber School.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Celebrity Barber School, 100% of new full-time first-years were awarded at least some aid (about 1 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $9,500 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 100% of undergraduate students received gift aid averaging $6,107 (across roughly 24 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,107 |
| Federal Pell grants | 100% | $6,107 |
| Federal student loans | 79% | $8,455 |
For on-campus title-IV students, average grant aid came to $7,395.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,503 |
For a personalized estimate based on your family’s financial situation, use Celebrity Barber School’s net price calculator: www.server1-jbmultimedia.net/celebritystylist/npcalc.htm.
A typical borrower at Celebrity Barber School leaves with $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Celebrity Barber School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,205 |
| 75th percentile | $9,833 |
The figure below distills the debt data into a single burden category for Celebrity Barber School.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Celebrity Barber School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 305 |
| Total Stafford loan amount | $2,299,261 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $12,909 |
| Average GI Bill amount per recipient | $12,909 |
References
More about our data sources and methodologies.