by our College Data Analytics TeamA lot 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 total cost of going to Hays Academy of Hair Design can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Hays Academy of Hair Design provide, 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.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Hays Academy 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Hays Academy of Hair Design, 60% of new full-time first-years were awarded at least some aid roughly 66 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $5,969 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 48% | $5,969 |
| State/local grants | 0% | — |
| Federal student loans | 46% | $7,829 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Hays Academy of Hair Design, roughly 48% of undergraduates were awarded an average grant or scholarship of $6,220 (across roughly 63 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $6,220 |
| Federal Pell grants | 48% | $6,220 |
| Federal student loans | 45% | $7,930 |
For on-campus title-IV students, average grant aid came to $4,793.
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 | $13,134 |
| $30,001 – $75,000 | $12,727 |
| Over $75,000 | $18,257 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,612 |
| Off-campus title-IV students | $14,744 |
To project your own net price, use Hays Academy of Hair Design’s net price calculator: haysacademy.edu/calc/npcalchays.htm.
The median student at Hays Academy of Hair Design graduates with $9,833 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Hays Academy of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,604 |
| 25th percentile | $5,563 |
| 75th percentile | $11,729 |
| 90th percentile (highest-debt students) | $13,783 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $16,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Hays Academy of Hair Design.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Hays Academy of Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 999 |
| Total Stafford loan amount | $9,000,986 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.