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 price tag of going to Hawaii Institute of Hair Design can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Hawaii Institute of Hair Design deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Hawaii Institute of Hair Design.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Hawaii Institute of Hair Design, 82% of first-time, full-time freshmen received some form of financial aid (about 41 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $7,157 |
| Institutional grants & scholarships | 12% | $494 |
| Federal Pell grants | 54% | $6,324 |
| State/local grants | 20% | $2,300 |
| Federal student loans | 54% | $8,574 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Hawaii Institute of Hair Design, around 67% of undergraduates were awarded an average grant or scholarship of $8,245 (for some 83 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $8,245 |
| Federal Pell grants | 57% | $5,373 |
| Federal student loans | 44% | $7,125 |
For students living on campus and receiving title-IV aid, grants averaged $6,157.
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 | $12,956 |
| $30,001 – $75,000 | $15,497 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $20,970 |
| Off-campus title-IV students | $13,238 |
To project your own net price, use Hawaii Institute of Hair Design’s net price calculator: www.hihd.edu/net-price-calculator/.
A typical borrower at Hawaii Institute of Hair Design leaves with $5,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $5,793 |
| Typical 10-year monthly payment (graduates) | $61.42/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Hawaii Institute of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,840 |
| 25th percentile | $4,865 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $4,901 |
These indicators are derived from the underlying debt data and summarize the overall picture at Hawaii Institute of Hair Design.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Hawaii Institute of Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 560 |
| Total Stafford loan amount | $3,612,250 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 14 |
| Total GI Bill amount | $186,731 |
| Average GI Bill amount per recipient | $13,338 |
References
More about our data sources and methodologies.