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Hollywood Institute of Beauty Careers Financial Aid and Scholarship Details

68% Freshmen Get Financial Aid
$4,069 Average Grant & Scholarship
55% Undergrads Get Grant Aid

Many students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Hollywood Institute of Beauty Careers can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

Just what financing solutions does Hollywood Institute of Beauty Careers deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out just how much financial aid will be open to you.

Understanding Hollywood Institute of Beauty Careers Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Hollywood Institute of Beauty Careers.

What First Years Receive at Hollywood Institute of Beauty Careers

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 Hollywood Institute of Beauty Careers, 68% of the incoming full-time class was awarded financial aid (about 100 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$4,210
Institutional grants & scholarships0%
Federal Pell grants68%$4,150
State/local grants0%
Federal student loans62%$5,016

Scholarships and Grants at Hollywood Institute of Beauty Careers

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Hollywood Institute of Beauty Careers, around 55% of undergraduates were awarded grant or scholarship aid averaging $4,069 (for some 284 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)55%$4,069
Federal Pell grants55%$3,993
Federal student loans50%$4,713

For on-campus title-IV students, average grant aid came to $4,126.

Net Price by Family Income at Hollywood Institute of Beauty Careers

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$18,362
$30,001 – $75,000$19,364
Over $75,000$22,636

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Average Net Price for Hollywood Institute of Beauty Careers

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$19,775
Off-campus title-IV students$18,597

For a customized cost estimate, visit Hollywood Institute of Beauty Careers’s net price tool: www.hi.edu/hibc-net-calculator.

What Students Owe at Hollywood Institute of Beauty Careers

The median student at Hollywood Institute of Beauty Careers graduates with $6,105 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$6,105
Median federal debt (graduates only)$6,199
Typical 10-year monthly payment (graduates)$65.72/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Hollywood Institute of Beauty Careers.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,054
25th percentile$4,555
75th percentile$9,500
90th percentile (highest-debt students)$12,192

Debt Outcomes by Student Group at Hollywood Institute of Beauty Careers

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$6,105
Middle income$6,128
High income$4,833

First-Generation Comparison

CohortMedian federal debt
First-generation students$6,105
Continuing-generation students$6,116

By Dependency Status

CohortMedian federal debt
Dependent students$5,803
Independent students$6,120

Debt Burden Indicators

A handful of calculated indicators summarize the debt outlook at Hollywood Institute of Beauty Careers.

Federal Student Loans at Hollywood Institute of Beauty Careers

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Hollywood Institute of Beauty Careers:

MetricValue
Stafford loan recipients6114
Total Stafford loan amount$44,591,300

Veteran and Military Aid at Hollywood Institute of Beauty Careers

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients18
Total GI Bill amount$169,014
Average GI Bill amount per recipient$9,390

Hollywood Institute of Beauty Careers Financial Aid Resources

References

More about our data sources and methodologies.

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