by our College Data Analytics TeamA lot of students are not billed 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 total cost of going to LeGrand Institute of Cosmetology Inc can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can LeGrand Institute of Cosmetology Inc offer you, and what will you qualify for? Keep reading for more information. Read on to discover what amount of financial assistance could be accessible 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 LeGrand Institute of Cosmetology Inc.
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.
For freshmen starting at LeGrand Institute of Cosmetology Inc, 69% of the incoming full-time class was awarded financial aid (about 9 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,615 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 46% | $5,615 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $5,189 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At LeGrand Institute of Cosmetology Inc, some 55% of undergraduate students received gift aid averaging $4,587 (across roughly 23 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $4,587 |
| Federal Pell grants | 55% | $4,587 |
| Federal student loans | 62% | $4,803 |
For on-campus title-IV students, average grant aid came to $3,743.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,174 |
| $30,001 – $75,000 | $13,965 |
| Over $75,000 | $14,775 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,427 |
| Off-campus title-IV students | $12,118 |
For a customized cost estimate, visit LeGrand Institute of Cosmetology Inc’s NPC: www.legrandinstitute.com/net-price-calculator.
The middle student in the debt distribution at LeGrand Institute of Cosmetology Inc owes $9,089 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,089 |
A handful of calculated indicators summarize the debt outlook at LeGrand Institute of Cosmetology Inc.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at LeGrand Institute of Cosmetology Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 216 |
| Total Stafford loan amount | $1,688,201 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $49,275 |
| Average GI Bill amount per recipient | $16,425 |
References
More about our data sources and methodologies.