by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Charles of Italy Beauty College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Charles of Italy Beauty College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Charles of Italy Beauty College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Charles of Italy Beauty College, 70% of first-time, full-time freshmen received some form of financial aid around 101 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,760 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $4,760 |
| State/local grants | 0% | — |
| Federal student loans | 65% | $5,035 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Charles of Italy Beauty College, approximately 62% of undergraduates were awarded grant or scholarship aid averaging $4,859 (across roughly 90 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,859 |
| Federal Pell grants | 62% | $4,859 |
| Federal student loans | 65% | $5,120 |
For students living on campus and receiving title-IV aid, grants averaged $4,645.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,212 |
| $30,001 – $75,000 | $12,515 |
| Over $75,000 | $15,971 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $11,200 |
| Off-campus title-IV students | $11,641 |
To project your own net price, use Charles of Italy Beauty College’s net price calculator: charlesofitaly.edu/netpricecalculator/.
The median federal debt load at Charles of Italy Beauty College comes to $7,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $7,388 |
| Typical 10-year monthly payment (graduates) | $78.33/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Charles of Italy Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,600 |
| Independent students | $7,358 |
These indicators are derived from the underlying debt data and summarize the overall picture at Charles of Italy Beauty College.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Charles of Italy Beauty College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 733 |
| Total Stafford loan amount | $4,851,268 |
References
More about our data sources and methodologies.