by our College Data Analytics TeamMany students will never be charged 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 Dalton Institute of Esthetics and Cosmetology can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does Dalton Institute of Esthetics and Cosmetology deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Dalton Institute of Esthetics and Cosmetology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Dalton Institute of Esthetics and Cosmetology, 79% of first-time, full-time freshmen received some form of financial aid approximately 19 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,913 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 75% | $5,913 |
| State/local grants | 0% | — |
| Federal student loans | 67% | $6,639 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 42% of the undergraduate population received grant aid that averaged $4,602 (across roughly 53 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $4,602 |
| Federal Pell grants | 42% | $4,602 |
| Federal student loans | 41% | $5,482 |
Title-IV recipients living on campus saw average grant aid of $5,602.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,607 |
| $30,001 – $75,000 | $11,750 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,944 |
| Off-campus title-IV students | $8,607 |
For a customized cost estimate, visit Dalton Institute of Esthetics and Cosmetology’s net price calculator: www.finaid.org/calculators/.
The median federal debt load at Dalton Institute of Esthetics and Cosmetology comes to $6,222 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,222 |
| Median federal debt (graduates only) | $6,222 |
| Typical 10-year monthly payment (graduates) | $65.96/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,222 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,250 |
A handful of calculated indicators summarize the debt outlook at Dalton Institute of Esthetics and Cosmetology.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Dalton Institute of Esthetics and Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 186 |
| Total Stafford loan amount | $1,217,297 |
References
More about our data sources and methodologies.