by our College Data Analytics TeamA lot of students will not be asked to pay 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 tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Hair Professionals Career College provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Hair Professionals Career College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Hair Professionals Career College, 82% of first-year full-time students received aid of some kind some 9 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $6,837 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 55% | $6,837 |
| State/local grants | 0% | — |
| Federal student loans | 82% | $8,241 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Hair Professionals Career College, some 42% of undergraduates were awarded grant or scholarship aid averaging $5,123 (across approximately 35 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $5,123 |
| Federal Pell grants | 42% | $5,123 |
| Federal student loans | 44% | $7,099 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,558.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,638 |
| Over $75,000 | $24,533 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,133 |
| Off-campus title-IV students | $21,085 |
To get a personalized net price estimate, try Hair Professionals Career College’s NPC: hairpros.edu/consumer-info-gainful-employment/.
A typical borrower at Hair Professionals Career College leaves with $5,597 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,597 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Hair Professionals Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,705 |
| 75th percentile | $9,833 |
Median debt varies by family income, by first-generation status, and by dependency status.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,640 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Hair Professionals Career College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Hair Professionals Career College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 542 |
| Total Stafford loan amount | $5,272,442 |
References
More about our data sources and methodologies.