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 Professionals Career College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Hair Professionals Career College offer, and what will you qualify for? Read on for more information. Keep going to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Hair Professionals Career College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Hair Professionals Career College, 73% of the incoming full-time class was awarded financial aid approximately 11 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $6,333 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $6,333 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $8,560 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 53% of undergrads got grants or scholarships worth on average $5,273 (among about 62 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,273 |
| Federal Pell grants | 53% | $5,273 |
| Federal student loans | 59% | $7,359 |
For on-campus title-IV students, average grant aid came to $4,605.
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 | $19,137 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $15,405 |
| Off-campus title-IV students | $19,137 |
To project your own net price, use Hair Professionals Career College’s net price calculator: hairpros.edu/consumer-info-gainful-employment/.
The median federal debt load at Hair Professionals Career College comes to $7,917 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/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 four reference points below map the debt distribution at Hair Professionals Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,584 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $16,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,892 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,732 |
| Independent students | $7,917 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Hair Professionals Career College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Hair Professionals Career College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 778 |
| Total Stafford loan amount | $6,908,475 |
References
More about our data sources and methodologies.