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Delaware Learning Institute of Cosmetology Financial Aid & Scholarships

62% Freshmen Get Financial Aid
$5,479 Average Grant & Scholarship
43% Undergrads Get Grant Aid

The majority of students are not billed 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 price tag of going to Delaware Learning Institute of Cosmetology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

What financing options does Delaware Learning Institute of Cosmetology offer you, and what will you qualify for? Keep scrolling for more information. Keep going to discover just how much financial aid could be open to you.

Importance of Delaware Learning Institute of Cosmetology Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Delaware Learning Institute of Cosmetology.

Financial Aid for First-Year Students at Delaware Learning Institute of Cosmetology

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Looking at the entering class at Delaware Learning Institute of Cosmetology, 62% of new full-time first-years were awarded at least some aid roughly 34 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)45%$6,080
Institutional grants & scholarships0%
Federal Pell grants45%$5,975
State/local grants4%$1,308
Federal student loans62%$5,863

Scholarship and Grant Awards at Delaware Learning Institute of Cosmetology

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Delaware Learning Institute of Cosmetology, around 43% of the undergraduate population received grant aid that averaged $5,479 (across approximately 67 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)43%$5,479
Federal Pell grants43%$4,915
Federal student loans54%$5,508

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,183.

Net Price by Family Income at Delaware Learning Institute of Cosmetology

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$13,887
$30,001 – $75,000$15,326
Over $75,000$21,046

Each figure is the net price after grants and scholarships, not the published sticker price.

Net Price at Delaware Learning Institute of Cosmetology

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$16,577
Off-campus title-IV students$15,874

For an estimate tailored to your family circumstances, see Delaware Learning Institute of Cosmetology’s NPC: delawarecosmetology.com/net-price-calculator/.

How Much Students Borrow at Delaware Learning Institute of Cosmetology

The middle student in the debt distribution at Delaware Learning Institute of Cosmetology owes $6,333 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$6,333
Median federal debt (graduates only)$6,333
Typical 10-year monthly payment (graduates)$67.14/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Delaware Learning Institute of Cosmetology.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,263
25th percentile$5,500
75th percentile$12,450
90th percentile (highest-debt students)$16,500

Median Debt by Student Group at Delaware Learning Institute of Cosmetology

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$6,333
Middle income$6,333
High income$9,631

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$6,333
Independent students$6,333

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at Delaware Learning Institute of Cosmetology.

Federal Stafford Lending at Delaware Learning Institute of Cosmetology

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Delaware Learning Institute of Cosmetology:

MetricValue
Stafford loan recipients572
Total Stafford loan amount$4,077,049

Veteran and Military Aid at Delaware Learning Institute of Cosmetology

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients2
Total GI Bill amount$35,150
Average GI Bill amount per recipient$17,575

Delaware Learning Institute of Cosmetology Financial Aid Resources

References

More about our data sources and methodologies.

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