by our College Data Analytics TeamA large number 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 Love Beauty School Inc can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Love Beauty School Inc offer, and what will you qualify for? Keep reading for more information. Scroll down to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Love Beauty School Inc.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Love Beauty School Inc, 65% of entering full-time freshmen got some type of financial assistance approximately 57 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,551 |
| Institutional grants & scholarships | 10% | $1,208 |
| Federal Pell grants | 52% | $4,909 |
| State/local grants | 0% | — |
| Federal student loans | 55% | $6,485 |
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 this school, approximately 63% of undergraduate students received gift aid averaging $4,484 (across approximately 70 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $4,484 |
| Federal Pell grants | 56% | $4,794 |
| Federal student loans | 58% | $6,056 |
On-campus students receiving title-IV aid were awarded grants averaging $4,240.
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 | $7,269 |
| $30,001 – $75,000 | $7,701 |
| Over $75,000 | $11,158 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $8,061 |
| Off-campus title-IV students | $7,814 |
For a personalized estimate based on your family’s financial situation, use Love Beauty School Inc’s net price calculator: lovebeautyschool.net/.
A typical borrower at Love Beauty School Inc leaves with $6,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| 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 numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Love Beauty School Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,125 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,917 |
The figure below distills the debt data into a single burden category for Love Beauty School Inc.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Love Beauty School Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 434 |
| Total Stafford loan amount | $3,098,628 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
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.