by our College Data Analytics TeamA large number of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Hair Arts Institute can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does Hair Arts Institute offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Hair Arts Institute.
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.
For incoming first-year students at Hair Arts Institute, 83% of first-time, full-time freshmen received some form of financial aid (about 10 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,302 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $6,302 |
| State/local grants | 0% | — |
| Federal student loans | 75% | $11,333 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, approximately 47% of undergraduates were awarded grant or scholarship aid averaging $6,118 (covering around 24 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 47% | $6,118 |
| Federal Pell grants | 47% | $6,035 |
| Federal student loans | 61% | $10,794 |
On-campus students receiving title-IV aid were awarded grants averaging $4,780.
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 | $23,666 |
| $30,001 – $75,000 | $27,735 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,842 |
| Off-campus title-IV students | $23,666 |
To get a personalized net price estimate, try Hair Arts Institute’s online cost calculator: www.hairartsinstitute.com/.
These indicators are derived from the underlying debt data and summarize the overall picture at Hair Arts Institute.
References
More about our data sources and methodologies.