by our College Data Analytics TeamThe majority of students will not be asked to pay 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 Guy’s Shreveport Academy of Cosmetology Inc can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Guy’s Academy Hair deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Guy’s Shreveport Academy of Cosmetology Inc.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Guy’s Shreveport Academy of Cosmetology Inc, 77% of the incoming full-time class was awarded financial aid roughly 89 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $3,750 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 77% | $3,750 |
| State/local grants | 0% | — |
| Federal student loans | 77% | $3,698 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Guy’s Academy Hair, roughly 66% of undergrads got grants or scholarships worth on average $4,514 (for some 120 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $4,514 |
| Federal Pell grants | 66% | $4,514 |
| Federal student loans | 64% | $5,023 |
For students living on campus and receiving title-IV aid, grants averaged $3,281.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,914 |
| $30,001 – $75,000 | $25,498 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,901 |
| Off-campus title-IV students | $24,559 |
To project your own net price, use Guy’s Academy Hair’s NPC: www.belbobeautyinstitute.com/cosmetology.
A typical borrower at Guy’s Academy Hair leaves with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Guy’s Academy Hair.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Guy’s Academy Hair.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Guy’s Academy Hair:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1094 |
| Total Stafford loan amount | $9,100,880 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $86,209 |
| Average GI Bill amount per recipient | $8,621 |
References
More about our data sources and methodologies.