Most 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 total cost of going to Cinta Aveda Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Cinta Aveda Institute provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading 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 Cinta Aveda Institute.
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.
Among first-time, full-time freshmen at Cinta Aveda Institute, 72% of new full-time first-years were awarded at least some aid approximately 44 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,627 |
| Institutional grants & scholarships | 2% | $3,000 |
| Federal Pell grants | 61% | $4,671 |
| State/local grants | 0% | — |
| Federal student loans | 61% | $6,919 |
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 Cinta Aveda Institute, approximately 46% of the undergraduate population received grant aid that averaged $5,844 (for some 79 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,844 |
| Federal Pell grants | 45% | $5,456 |
| Federal student loans | 41% | $7,082 |
On-campus students receiving title-IV aid were awarded grants averaging $1,964.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,813 |
| $30,001 – $75,000 | $12,551 |
| Over $75,000 | $19,448 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $18,204 |
| Off-campus title-IV students | $17,687 |
For a customized cost estimate, visit Cinta Aveda Institute’s online cost calculator: www.cintaaveda.edu/cosmetology-calculator.
The median federal debt load at Cinta Aveda Institute comes to $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Cinta Aveda Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,627 |
| 25th percentile | $5,500 |
| 75th percentile | $14,750 |
| 90th percentile (highest-debt students) | $17,667 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $6,333 |
| High income | $4,563 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Cinta Aveda Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Cinta Aveda Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1693 |
| Total Stafford loan amount | $14,557,892 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $58,159 |
| Average GI Bill amount per recipient | $19,386 |
References
More about our data sources and methodologies.