by our College Data Analytics TeamA large number 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 Edge Academy of Beauty can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Edge Academy of Beauty offer, and what will you qualify for? Read on for more information. Keep scrolling to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Edge Academy of Beauty.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Edge Academy of Beauty, 38% of first-year full-time students received aid of some kind approximately 5 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $6,471 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 31% | $6,471 |
| State/local grants | 0% | — |
| Federal student loans | 38% | $6,983 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Edge Academy of Beauty, approximately 57% of undergraduates were awarded an average grant or scholarship of $5,646 (among about 40 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,646 |
| Federal Pell grants | 57% | $5,646 |
| Federal student loans | 56% | $6,700 |
For on-campus title-IV students, average grant aid came to $6,471.
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 | $13,579 |
| $30,001 – $75,000 | $13,700 |
| Over $75,000 | $19,220 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,094 |
| Off-campus title-IV students | $14,491 |
To get a personalized net price estimate, try Edge Academy of Beauty’s NPC: nces.ed.gov/ipeds/netpricecalculator/#/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Edge Academy of Beauty.
References
More about our data sources and methodologies.