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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,607 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $5,607 |
| State/local grants | 0% | — |
| Federal student loans | 49% | $8,953 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,545 |
| Federal Pell grants | 53% | $5,545 |
| Federal student loans | 45% | $8,801 |
For students living on campus and receiving title-IV aid, grants averaged $4,842.
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 | $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 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 | $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.
A typical borrower at Hays Academy of Hair Design - Salina Campus leaves with $9,833 of cumulative federal debt.
| 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.
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.
| 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 |
Median debt varies by family income, by first-generation status, and by dependency status.
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 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $16,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Hays Academy of Hair Design - Salina Campus.
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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 999 |
| Total Stafford loan amount | $9,000,986 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.