by our College Data Analytics TeamMany 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 Cheeks Beauty Academy-Cheyenne can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Cheeks Beauty Academy provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Cheeks Beauty Academy-Cheyenne.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
At Cheeks Beauty Academy-Cheyenne, 89% of first-time, full-time freshmen received some form of financial aid approximately 42 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,245 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 72% | $5,309 |
| State/local grants | 9% | $4,703 |
| Federal student loans | 70% | $6,301 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 82% of undergraduates were awarded an average grant or scholarship of $4,926 (across roughly 47 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $4,926 |
| Federal Pell grants | 65% | $5,447 |
| Federal student loans | 58% | $6,725 |
On-campus students receiving title-IV aid were awarded grants averaging $5,110.
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 | $10,909 |
| $30,001 – $75,000 | $11,066 |
| Over $75,000 | $14,463 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,603 |
| Off-campus title-IV students | $11,035 |
For a customized cost estimate, visit Cheeks Beauty Academy’s NPC: www.cheeksbeautyacademy.com/consumer-information.
The middle student in the debt distribution at Cheeks 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) | $7,000 |
| Typical 10-year monthly payment (graduates) | $74.21/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. These percentiles trace how cumulative federal debt is spread among borrowers at Cheeks Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,762 |
| 25th percentile | $3,062 |
| 75th percentile | $8,873 |
| 90th percentile (highest-debt students) | $11,767 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,375 |
| Middle income | $6,333 |
| High income | $7,367 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,000 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Cheeks Beauty Academy.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Cheeks Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1229 |
| Total Stafford loan amount | $9,606,198 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $16,800 |
| Average GI Bill amount per recipient | $8,400 |
References
More about our data sources and methodologies.