by our College Data Analytics TeamThe majority of students are not billed 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 Culpeper Cosmetology Training Center can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Culpeper Cosmetology Training Center offer, and what will you qualify for? Read on for more information. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Culpeper Cosmetology Training Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Culpeper Cosmetology Training Center, 93% of first-year full-time students received aid of some kind around 25 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $5,418 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 78% | $5,418 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $7,123 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Culpeper Cosmetology Training Center, around 40% of undergraduates were awarded an average grant or scholarship of $5,418 (covering around 21 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $5,418 |
| Federal Pell grants | 40% | $5,418 |
| Federal student loans | 40% | $7,123 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,551.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,211 |
| $30,001 – $75,000 | $13,506 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $14,999 |
| Off-campus title-IV students | $15,211 |
For a personalized estimate based on your family’s financial situation, use Culpeper Cosmetology Training Center’s NPC: www.culpepercosmetology.com/financial-aid/.
The middle student in the debt distribution at Culpeper Cosmetology Training Center owes $9,833 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
The figure below distills the debt data into a single burden category for Culpeper Cosmetology Training Center.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Culpeper Cosmetology Training Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 201 |
| Total Stafford loan amount | $1,791,857 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.