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Hays Academy of Hair Design Financial Aid Details

61% Freshmen Get Financial Aid
$5,545 Average Grant & Scholarship
53% Undergrads Get Grant Aid

A 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 Hays Academy of Hair Design can sound overpowering, but remember that the majority of students get some type of financial assistance.

Just what financial aid solutions can Hays Academy of Hair Design - Salina Campus deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover how much school funding could be available to you.

Understanding Hays Academy of Hair Design - Salina Campus Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Hays Academy of Hair Design.

Financial Aid for First-Year Students at Hays Academy of Hair Design

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

Among first-time, full-time freshmen at Hays Academy of Hair Design, 61% of new full-time first-years were awarded at least some aid roughly 44 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)53%$5,607
Institutional grants & scholarships0%
Federal Pell grants53%$5,607
State/local grants0%
Federal student loans49%$8,953

Scholarships and Grants at Hays Academy of Hair Design

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Hays Academy of Hair Design - Salina Campus, around 53% of undergraduate students received gift aid averaging $5,545 (for some 46 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)53%$5,545
Federal Pell grants53%$5,545
Federal student loans45%$8,801

For students living on campus and receiving title-IV aid, grants averaged $4,842.

What Families Pay by Income at Hays Academy of Hair Design

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$12,295
$30,001 – $75,000$12,477
Over $75,000$17,450

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Hays Academy of Hair Design

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$14,418
Off-campus title-IV students$13,806

For a customized cost estimate, visit Hays Academy of Hair Design - Salina Campus’s official net price calculator: haysacademy.edu/calc/npcalcsalina.htm.

What Students Owe at Hays Academy of Hair Design

A typical borrower at Hays Academy of Hair Design - Salina Campus leaves with $9,833 of cumulative federal debt.

MetricAmount
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.

The Full Range of Student Debt

Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Hays Academy of Hair Design - Salina Campus.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,604
25th percentile$5,563
75th percentile$11,729
90th percentile (highest-debt students)$13,783

Debt Outcomes by Student Group at Hays Academy of Hair Design

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$9,833
Middle income$9,833
High income$9,833

By First-Generation Status

CohortMedian federal debt
First-generation students$9,833
Continuing-generation students$9,833

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$9,833
Independent students$16,500

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Hays Academy of Hair Design - Salina Campus.

Federal Stafford Lending at Hays Academy of Hair Design

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Hays Academy of Hair Design - Salina Campus:

MetricValue
Stafford loan recipients999
Total Stafford loan amount$9,000,986

Veterans Benefits at Hays Academy of Hair Design

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.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients0
Total GI Bill amount$0

External Resources for Hays Academy of Hair Design

References

More about our data sources and methodologies.

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