by our College Data Analytics TeamMost students will never be charged 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 total price of attendance at G Skin & Beauty Institute can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will G Skin and Beauty Institute offer, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from G Skin & Beauty Institute.
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.
For incoming first-year students at G Skin & Beauty Institute, 71% of entering full-time freshmen got some type of financial assistance roughly 53 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,365 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $5,365 |
| State/local grants | 0% | — |
| Federal student loans | 68% | $6,990 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 40% of undergrads got grants or scholarships worth on average $5,101 (covering around 359 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $5,101 |
| Federal Pell grants | 39% | $4,750 |
| Federal student loans | 48% | $6,607 |
On-campus students receiving title-IV aid were awarded grants averaging $3,691.
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 | $20,597 |
| $30,001 – $75,000 | $21,778 |
| Over $75,000 | $22,537 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,847 |
| Off-campus title-IV students | $21,142 |
To get a personalized net price estimate, try G Skin and Beauty Institute’s NPC: gskinbeautyinstitute.edu/net-price-calculator.
A typical borrower at G Skin and Beauty Institute leaves with $6,333 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at G Skin and Beauty Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,488 |
| 25th percentile | $3,699 |
| 75th percentile | $7,919 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $6,333 |
| Middle income | $6,333 |
| High income | $4,584 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at G Skin and Beauty Institute.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at G Skin and Beauty Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2817 |
| Total Stafford loan amount | $18,442,578 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $83,684 |
| Average GI Bill amount per recipient | $8,368 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.