Many 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 sum total of attendance at Delmarva Beauty Academy can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Delmarva Beauty Academy offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available 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 Delmarva Beauty Academy.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Delmarva Beauty Academy, 100% of entering full-time freshmen got some type of financial assistance approximately 10 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $8,210 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $7,301 |
| State/local grants | 40% | $1,356 |
| Federal student loans | 80% | $6,902 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Delmarva Beauty Academy, approximately 64% of undergraduates were awarded grant or scholarship aid averaging $6,921 (among about 39 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,921 |
| Federal Pell grants | 62% | $6,367 |
| Federal student loans | 51% | $7,471 |
For on-campus title-IV students, average grant aid came to $6,790.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,617 |
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 | $24,260 |
| Off-campus title-IV students | $25,617 |
For a customized cost estimate, visit Delmarva Beauty Academy’s net price calculator: pronto-core-cdn.prontomarketing.com/2/wp-content/uploads/sites/1673/NetPriceCalculator/2022/06/index.html.
A typical borrower at Delmarva Beauty Academy leaves with $9,833 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Delmarva Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $9,500 |
| 75th percentile | $15,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,562 |
| Independent students | $16,500 |
The figure below distills the debt data into a single burden category for Delmarva Beauty Academy.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Delmarva Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 633 |
| Total Stafford loan amount | $6,181,488 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
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.