by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Cosmetology Academy of Texarkana can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Cosmetology Academy of Texarkana offer you, and what will you qualify for? Read on for more information. Keep reading to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Cosmetology Academy of Texarkana.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Cosmetology Academy of Texarkana, 82% of first-year full-time students received aid of some kind approximately 36 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $6,105 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 75% | $6,105 |
| State/local grants | 0% | — |
| Federal student loans | 70% | $7,001 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 66% of undergrads got grants or scholarships worth on average $5,519 (across approximately 54 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,519 |
| Federal Pell grants | 66% | $5,519 |
| Federal student loans | 54% | $6,310 |
Title-IV recipients living on campus saw average grant aid of $6,086.
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 | $15,206 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $13,392 |
| Off-campus title-IV students | $15,206 |
For an estimate tailored to your family circumstances, see Cosmetology Academy of Texarkana’s official net price calculator: cosmetologyacademyoftexarkana.com/tuition-calculator/.
A typical borrower at Cosmetology Academy of Texarkana leaves with $7,917 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $10,637 |
| Typical 10-year monthly payment (graduates) | $112.77/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Cosmetology Academy of Texarkana.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,272 |
| 25th percentile | $4,750 |
| 75th percentile | $13,133 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,653 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,968 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Cosmetology Academy of Texarkana.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Cosmetology Academy of Texarkana:
| Metric | Value |
|---|---|
| Stafford loan recipients | 490 |
| Total Stafford loan amount | $4,144,821 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.