by our College Data Analytics TeamA large number of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Jenny Lea Academy of Cosmetology can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Jenny Lea offer you, and what will you qualify for? Read on for more information. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Jenny Lea Academy of Cosmetology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Jenny Lea Academy of Cosmetology, 98% of new full-time first-years were awarded at least some aid some 40 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $2,882 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 98% | $2,882 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $3,662 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 25% of the undergraduate population received grant aid that averaged $5,742 (across roughly 49 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $5,742 |
| Federal Pell grants | 25% | $5,742 |
| Federal student loans | 22% | $5,153 |
On-campus students receiving title-IV aid were awarded grants averaging $12,245.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,559 |
| $30,001 – $75,000 | $16,300 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,859 |
| Off-campus title-IV students | $12,559 |
To get a personalized net price estimate, try Jenny Lea’s official net price calculator: jennyleaacademy.com/net-price-calculator/.
A typical borrower at Jenny Lea leaves with $7,917 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Jenny Lea.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $4,750 |
| 75th percentile | $13,482 |
| 90th percentile (highest-debt students) | $16,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,917 |
A handful of calculated indicators summarize the debt outlook at Jenny Lea.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Jenny Lea:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1096 |
| Total Stafford loan amount | $10,946,272 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $30,238 |
| Average GI Bill amount per recipient | $4,320 |
References
More about our data sources and methodologies.