by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to BK Cosmo College of Cosmetology can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will BK Cosmo College of Cosmetology offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover 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. The figures below will help you estimate the aid you might receive from BK Cosmo College of Cosmetology.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at BK Cosmo College of Cosmetology, 72% of the incoming full-time class was awarded financial aid roughly 34 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $7,180 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $7,180 |
| State/local grants | 0% | — |
| Federal student loans | 66% | $6,508 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at BK Cosmo College of Cosmetology, some 56% of the undergraduate population received grant aid that averaged $5,743 (among about 40 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,743 |
| Federal Pell grants | 56% | $5,743 |
| Federal student loans | 58% | $5,870 |
On-campus students receiving title-IV aid were awarded grants averaging $7,180.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,546 |
| $30,001 – $75,000 | $17,330 |
| Over $75,000 | $22,604 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $16,160 |
| Off-campus title-IV students | $17,919 |
To project your own net price, use BK Cosmo College of Cosmetology’s official net price calculator: fafsa.ed.gov/spa/fafsa4c/?locale=en_US#/landing.
Graduating students at BK Cosmo College of Cosmetology carry a median federal student debt of $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
A handful of calculated indicators summarize the debt outlook at BK Cosmo College of Cosmetology.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at BK Cosmo College of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 149 |
| Total Stafford loan amount | $1,132,524 |
References
More about our data sources and methodologies.