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Euphoria Institute of Beauty Arts & Sciences-Summerlin Paying for Your Degree

91% Freshmen Get Financial Aid
$3,702 Average Grant & Scholarship
79% Undergrads Get Grant Aid

A 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 sum total of attendance at Euphoria Institute of Beauty Arts & Sciences-Summerlin can sound tremendous, but do not forget that almost all students get some type of financial help.

What financial assistance options will Euphoria Institute of Beauty Arts & Sciences-Summerlin 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.

Understanding Euphoria Institute of Beauty Arts & Sciences-Summerlin Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Euphoria Institute of Beauty Arts & Sciences-Summerlin.

What First Years Receive at Euphoria Institute of Beauty Arts & Sciences-Summerlin

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Euphoria Institute of Beauty Arts & Sciences-Summerlin, 91% of entering full-time freshmen got some type of financial assistance around 381 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$3,980
Institutional grants & scholarships54%$1,291
Federal Pell grants72%$3,764
State/local grants0%
Federal student loans83%$5,193

Free Money: Grants and Scholarships at Euphoria Institute of Beauty Arts & Sciences-Summerlin

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 79% of undergraduates were awarded grant or scholarship aid averaging $3,702 (among about 774 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$3,702
Federal Pell grants66%$3,524
Federal student loans75%$4,597

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,069.

How Cost Varies by Income at Euphoria Institute of Beauty Arts & Sciences-Summerlin

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$27,980
$30,001 – $75,000$29,043
Over $75,000$31,292

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

Net Price at Euphoria Institute of Beauty Arts & Sciences-Summerlin

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$31,615
Off-campus title-IV students$30,954

To get a personalized net price estimate, try Euphoria Institute of Beauty Arts & Sciences-Summerlin’s net price calculator: www.lincolntech.edu/net-price-calculator.

Median Student Debt for Graduates of Euphoria Institute of Beauty Arts & Sciences-Summerlin

The median federal debt load at Euphoria Institute of Beauty Arts & Sciences-Summerlin comes to $9,000 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$9,000
Median federal debt (graduates only)$10,521
Typical 10-year monthly payment (graduates)$111.54/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Euphoria Institute of Beauty Arts & Sciences-Summerlin.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,907
25th percentile$6,178
75th percentile$11,811
90th percentile (highest-debt students)$16,500

Debt by Student Cohort at Euphoria Institute of Beauty Arts & Sciences-Summerlin

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$9,104
Middle income$9,000
High income$6,855

By First-Generation Status

CohortMedian federal debt
First-generation students$9,000
Continuing-generation students$9,130

By Dependency Status

CohortMedian federal debt
Dependent students$6,583
Independent students$10,117

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Euphoria Institute of Beauty Arts & Sciences-Summerlin.

Stafford Loan Activity at Euphoria Institute of Beauty Arts & Sciences-Summerlin

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Euphoria Institute of Beauty Arts & Sciences-Summerlin:

MetricValue
Stafford loan recipients78719
Total Stafford loan amount$865,415,694

Veterans Benefits at Euphoria Institute of Beauty Arts & Sciences-Summerlin

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients11
Total GI Bill amount$144,448
Average GI Bill amount per recipient$13,132

External Resources for Euphoria Institute of Beauty Arts & Sciences-Summerlin

References

More about our data sources and methodologies.

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