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Delmarva Beauty Academy Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$6,921 Average Grant & Scholarship
64% Undergrads Get Grant Aid

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.

Importance of Delmarva Beauty Academy Financial Aid Information

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 for First-Year Students at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$8,210
Institutional grants & scholarships0%
Federal Pell grants80%$7,301
State/local grants40%$1,356
Federal student loans80%$6,902

Grant Aid for Undergraduates at Delmarva Beauty Academy

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$6,921
Federal Pell grants62%$6,367
Federal student loans51%$7,471

For on-campus title-IV students, average grant aid came to $6,790.

What Families Pay by Income at Delmarva Beauty Academy

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$25,617

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

What Students Actually Pay at Delmarva Beauty Academy

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$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.

Typical Student Debt at Delmarva Beauty Academy

A typical borrower at Delmarva Beauty Academy leaves with $9,833 in federal student debt.

MetricAmount
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.

Where Student Debt Falls

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.

PercentileCumulative Federal Debt
25th percentile$9,500
75th percentile$15,500

Debt Outcomes by Student Group at Delmarva Beauty Academy

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Dependency Status

CohortMedian federal debt
Dependent students$9,562
Independent students$16,500

At-a-Glance Debt Indicators

The figure below distills the debt data into a single burden category for Delmarva Beauty Academy.

Federal Stafford Lending at 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:

MetricValue
Stafford loan recipients633
Total Stafford loan amount$6,181,488

Military and Veterans Aid at Delmarva Beauty Academy

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

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients0
Total GI Bill amount$0

References

More about our data sources and methodologies.

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