by our College Data Analytics TeamMany students will never be charged 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 price tag of going to La James College of Hairstyling and Cosmetology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will LaJames College offer, and what will you qualify for? Read on for more information. Keep reading to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from La James College of Hairstyling and Cosmetology.
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.
At La James College of Hairstyling and Cosmetology, 91% of new full-time first-years were awarded at least some aid roughly 77 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $7,810 |
| Institutional grants & scholarships | 14% | $879 |
| Federal Pell grants | 52% | $7,655 |
| State/local grants | 8% | $5,153 |
| Federal student loans | 80% | $7,358 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 63% of undergraduate students received gift aid averaging $8,312 (across approximately 60 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $8,312 |
| Federal Pell grants | 55% | $7,992 |
| Federal student loans | 81% | $6,647 |
For on-campus title-IV students, average grant aid came to $12,010.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,282 |
| $30,001 – $75,000 | $8,901 |
| Over $75,000 | $12,063 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,522 |
| Off-campus title-IV students | $9,098 |
To project your own net price, use LaJames College’s net price tool: lajames.edu/lajames-class-dates-costs-other-great-news/.
Graduating students at LaJames College carry a median federal student debt of $6,332 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,332 |
| Median federal debt (graduates only) | $6,930 |
| Typical 10-year monthly payment (graduates) | $73.47/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at LaJames College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,971 |
| 75th percentile | $8,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,332 |
| Continuing-generation students | $5,916 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,596 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. LaJames College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at LaJames College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 969 |
| Total Stafford loan amount | $8,311,981 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.