by our College Data Analytics TeamA lot 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 sum total of attendance at College of Hair Design Careers can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Hair Design Careers offer, and what will you qualify for? Keep reading for more information. Scroll down to see how much school funding could be available 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 College of Hair Design Careers.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at College of Hair Design Careers, 49% of first-time, full-time freshmen received some form of financial aid around 30 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $4,726 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 43% | $4,726 |
| State/local grants | 0% | — |
| Federal student loans | 38% | $6,619 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, some 43% of undergrads got grants or scholarships worth on average $5,319 (across roughly 46 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $5,319 |
| Federal Pell grants | 43% | $5,319 |
| Federal student loans | 41% | $6,894 |
On-campus students receiving title-IV aid were awarded grants averaging $4,572.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,387 |
| $30,001 – $75,000 | $9,818 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,236 |
| Off-campus title-IV students | $11,330 |
To project your own net price, use Hair Design Careers’s online cost calculator: www.collegeofhairdesigncareers.com/npcalc.htm.
Graduating students at Hair Design Careers carry a median federal student debt of $8,481 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,481 |
| Median federal debt (graduates only) | $10,750 |
| Typical 10-year monthly payment (graduates) | $113.97/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Hair Design Careers.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,193 |
| 75th percentile | $12,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,481 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,105 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Hair Design Careers.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Hair Design Careers:
| Metric | Value |
|---|---|
| Stafford loan recipients | 643 |
| Total Stafford loan amount | $7,910,004 |
References
More about our data sources and methodologies.