by our College Data Analytics TeamA lot of students are not billed 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 sum total of attendance at Houston Barber School can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Houston Barber School offer you, and what will you qualify for? Keep reading for more information. Scroll down to find out just how much financial aid will be open 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 information provided on this page can help you determine how much aid you may receive from Houston Barber School.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Houston Barber School, 100% of first-time, full-time freshmen received some form of financial aid (about 121 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,194 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $6,194 |
| State/local grants | 0% | — |
| Federal student loans | 71% | $8,359 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Houston Barber School, around 80% of the undergraduate population received grant aid that averaged $5,107 (for some 344 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $5,107 |
| Federal Pell grants | 80% | $5,107 |
| Federal student loans | 63% | $6,533 |
For students living on campus and receiving title-IV aid, grants averaged $6,194.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,760 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $13,456 |
| Off-campus title-IV students | $14,760 |
For a personalized estimate based on your family’s financial situation, use Houston Barber School’s net price calculator: www.htxbarberschool.com/financial-calculator.html.
The median student at Houston Barber School graduates with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,667 |
| Typical 10-year monthly payment (graduates) | $113.09/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $10,667 |
These indicators are derived from the underlying debt data and summarize the overall picture at Houston Barber School.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Houston Barber School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 327 |
| Total Stafford loan amount | $2,739,111 |
References
More about our data sources and methodologies.