by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at House of Heavilin Beauty College-Academy of Beauty Professionals can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does House of Heavilin Beauty College-Academy of Beauty Professionals offer, and what will you qualify for? Keep scrolling for more information. Read on to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at House of Heavilin Beauty College-Academy of Beauty Professionals.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at House of Heavilin Beauty College-Academy of Beauty Professionals, 50% of new full-time first-years were awarded at least some aid approximately 4 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $6,573 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 38% | $6,573 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $9,292 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 36% of undergrads got grants or scholarships worth on average $4,666 (across approximately 41 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $4,666 |
| Federal Pell grants | 36% | $4,666 |
| Federal student loans | 39% | $6,335 |
The median federal debt load at House of Heavilin Beauty College-Academy of Beauty Professionals comes to $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at House of Heavilin Beauty College-Academy of Beauty Professionals.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,159 |
| 75th percentile | $12,430 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at House of Heavilin Beauty College-Academy of Beauty Professionals.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at House of Heavilin Beauty College-Academy of Beauty Professionals:
| Metric | Value |
|---|---|
| Stafford loan recipients | 910 |
| Total Stafford loan amount | $7,567,707 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $12,428 |
| Average GI Bill amount per recipient | $12,428 |
References
More about our data sources and methodologies.