by our College Data Analytics TeamThe majority 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 price tag of going to International Beauty Education Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does International Beauty Education Center provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from International Beauty Education Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at International Beauty Education Center, 86% of the incoming full-time class was awarded financial aid (about 121 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,271 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 86% | $5,222 |
| State/local grants | 1% | $3,000 |
| Federal student loans | 79% | $6,643 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 82% of undergraduate students received gift aid averaging $5,021 (for some 179 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $5,021 |
| Federal Pell grants | 82% | $4,988 |
| Federal student loans | 79% | $6,574 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,466.
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 | $17,521 |
| $30,001 – $75,000 | $17,299 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,415 |
| Off-campus title-IV students | $17,500 |
To project your own net price, use International Beauty Education Center’s net price calculator: spokanebeautyschool.com/net-price-calculator/.
The middle student in the debt distribution at International Beauty Education Center owes $6,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $7,746 |
| Typical 10-year monthly payment (graduates) | $82.12/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| 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 | $4,584 |
| Independent students | $7,917 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. International Beauty Education Center.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at International Beauty Education Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 266 |
| Total Stafford loan amount | $1,801,241 |
References
More about our data sources and methodologies.