by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Deluxe Barber College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Deluxe Barber College offer, and what will you qualify for? Read on for more information. Scroll down to discover how much school funding could be available 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 Deluxe Barber College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Deluxe Barber College, 66% of new full-time first-years were awarded at least some aid approximately 57 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,930 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 64% | $5,930 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $7,381 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 65% of undergraduates were awarded grant or scholarship aid averaging $3,883 (for some 111 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $3,883 |
| Federal Pell grants | 65% | $3,883 |
| Federal student loans | 64% | $4,867 |
Title-IV recipients living on campus saw average grant aid of $5,826.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,529 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,194 |
| Off-campus title-IV students | $19,529 |
For an estimate tailored to your family circumstances, see Deluxe Barber College’s online cost calculator: www.deluxebarbercollege.com/netcalculator.html.
The median student at Deluxe Barber College graduates with $5,339 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,339 |
| Median federal debt (graduates only) | $6,500 |
| Typical 10-year monthly payment (graduates) | $68.91/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,954 |
| Independent students | $5,479 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Deluxe Barber College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Deluxe Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 150 |
| Total Stafford loan amount | $936,988 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $74,066 |
| Average GI Bill amount per recipient | $6,733 |
References
More about our data sources and methodologies.