by our College Data Analytics TeamThe 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 sum total of attendance at Estelle Skin Care and Spa Institute can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Estelle Skin Care and Spa Institute deliver, and just what are you going to be eligible for? Read on for answers. Keep going to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Estelle Skin Care and Spa Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Estelle Skin Care and Spa Institute, 67% of the incoming full-time class was awarded financial aid some 24 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,893 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $5,893 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $6,613 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Estelle Skin Care and Spa Institute, around 45% of undergraduates were awarded an average grant or scholarship of $5,082 (among about 101 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $5,082 |
| Federal Pell grants | 45% | $4,985 |
| Federal student loans | 45% | $6,705 |
For students living on campus and receiving title-IV aid, grants averaged $4,665.
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 | $13,837 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,488 |
| Off-campus title-IV students | $13,837 |
To get a personalized net price estimate, try Estelle Skin Care and Spa Institute’s official net price calculator: www.estelle.edu/NetPriceCalculator/npcalc.htm.
The middle student in the debt distribution at Estelle Skin Care and Spa Institute owes $7,136 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,136 |
| Median federal debt (graduates only) | $7,136 |
| Typical 10-year monthly payment (graduates) | $75.65/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Estelle Skin Care and Spa Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,584 |
| 25th percentile | $6,035 |
| 75th percentile | $7,917 |
| 90th percentile (highest-debt students) | $7,917 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,136 |
| Middle income | $7,917 |
| High income | $4,584 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,136 |
| Continuing-generation students | $6,934 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,917 |
A handful of calculated indicators summarize the debt outlook at Estelle Skin Care and Spa Institute.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Estelle Skin Care and Spa Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 799 |
| Total Stafford loan amount | $4,589,138 |
References
More about our data sources and methodologies.