The majority of students are not billed 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 Training Center can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Cosmetology Training Center provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Cosmetology Training Center.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
At Cosmetology Training Center, 100% of entering full-time freshmen got some type of financial assistance approximately 32 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $6,141 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 78% | $6,141 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $5,549 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Cosmetology Training Center, approximately 65% of the undergraduate population received grant aid that averaged $5,642 (covering around 101 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,642 |
| Federal Pell grants | 57% | $5,529 |
| Federal student loans | 56% | $5,199 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,121.
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 | $10,373 |
| $30,001 – $75,000 | $11,337 |
| Over $75,000 | $13,828 |
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 | $12,130 |
| Off-campus title-IV students | $13,560 |
For a customized cost estimate, visit Cosmetology Training Center’s net price calculator: cosmetlafayettela.com/prospective-students/net-price-calculator.html.
The median student at Cosmetology Training Center graduates with $7,350 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,350 |
| Median federal debt (graduates only) | $7,800 |
| Typical 10-year monthly payment (graduates) | $82.69/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Cosmetology Training Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,833 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,050 |
| Middle income | $8,901 |
| High income | $8,858 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,600 |
| Independent students | $7,246 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Cosmetology Training Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Cosmetology Training Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 616 |
| Total Stafford loan amount | $3,657,154 |
References
More about our data sources and methodologies.