by our College Data Analytics TeamMany students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to David Pressley School of Cosmetology can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will David Pressley School of Cosmetology deliver, and just what are you going to be eligible for? Read on for answers. Keep going 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. Read on to get a sense of the financial assistance available at David Pressley School of Cosmetology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At David Pressley School of Cosmetology, 93% of first-year full-time students received aid of some kind around 70 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $6,182 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $6,182 |
| State/local grants | 0% | — |
| Federal student loans | 88% | $6,623 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At David Pressley School of Cosmetology, roughly 52% of undergraduates were awarded grant or scholarship aid averaging $5,144 (for some 188 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,144 |
| Federal Pell grants | 52% | $5,144 |
| Federal student loans | 49% | $6,289 |
For on-campus title-IV students, average grant aid came to $6,522.
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 | $17,105 |
| $30,001 – $75,000 | $20,061 |
| Over $75,000 | $22,545 |
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 | $20,598 |
| Off-campus title-IV students | $18,565 |
For a customized cost estimate, visit David Pressley School of Cosmetology’s net price tool: www.davidpressleyschool.com/financial-aid-calculator.
Graduating students at David Pressley School of Cosmetology carry a median federal student debt of $6,160 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,160 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at David Pressley School of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $16,000 |
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 | $6,000 |
| Middle income | $6,333 |
| High income | $6,418 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,240 |
| Continuing-generation students | $5,370 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,380 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. David Pressley School of Cosmetology.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at David Pressley School of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2030 |
| Total Stafford loan amount | $16,100,795 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.