by our College Data Analytics TeamMost students will never be charged 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 Champion Beauty College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Champion Beauty College offer, and what will you qualify for? Read on for more information. Keep scrolling to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Champion Beauty College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Champion Beauty College, 97% of the incoming full-time class was awarded financial aid some 32 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $2,229 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 82% | $2,229 |
| State/local grants | 0% | — |
| Federal student loans | 76% | $1,760 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 53% of undergraduates were awarded an average grant or scholarship of $4,506 (across approximately 32 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $4,506 |
| Federal Pell grants | 53% | $1,881 |
| Federal student loans | 52% | $1,419 |
For on-campus title-IV students, average grant aid came to $2,522.
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 | $15,742 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $27,413 |
| Off-campus title-IV students | $15,742 |
To get a personalized net price estimate, try Champion Beauty College’s net price tool: championbeautycollege.com/.
Graduating students at Champion Beauty College carry a median federal student debt of $4,750 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,750 |
| Median federal debt (graduates only) | $7,136 |
| Typical 10-year monthly payment (graduates) | $75.65/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Champion Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,644 |
| 75th percentile | $9,500 |
The figure below distills the debt data into a single burden category for Champion Beauty College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Champion Beauty College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 326 |
| Total Stafford loan amount | $2,601,748 |
References
More about our data sources and methodologies.