by our College Data Analytics TeamA lot 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 total cost of going to Creative Touch Cosmetology School can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Creative Touch Cosmetology School offer you, and what will you qualify for? Keep reading for more information. Read on to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Creative Touch Cosmetology School.
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.
For incoming first-year students at Creative Touch Cosmetology School, 92% of entering full-time freshmen got some type of financial assistance some 11 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $6,997 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 92% | $6,997 |
| State/local grants | 0% | — |
| Federal student loans | 92% | $9,800 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Creative Touch Cosmetology School, approximately 65% of undergraduates were awarded grant or scholarship aid averaging $6,934 (covering around 17 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $6,934 |
| Federal Pell grants | 65% | $6,934 |
| Federal student loans | 58% | $8,705 |
On-campus students receiving title-IV aid were awarded grants averaging $6,997.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,562 |
| $30,001 – $75,000 | $10,904 |
| Over $75,000 | $16,913 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $8,035 |
| Off-campus title-IV students | $11,102 |
To project your own net price, use Creative Touch Cosmetology School’s NPC: www.creativetouch.edu/financial-aid-net-price-calculator/.
The figure below distills the debt data into a single burden category for Creative Touch Cosmetology School.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Creative Touch Cosmetology School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 91 |
| Total Stafford loan amount | $950,014 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.