by our College Data Analytics TeamA large number of students will never be charged 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 Lowell Academy Hairstyling Institute can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does Lowell Academy Hairstyling Institute offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to learn how much school funding will be available 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 Lowell Academy Hairstyling Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Lowell Academy Hairstyling Institute, 83% of the incoming full-time class was awarded financial aid some 20 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $6,467 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $6,467 |
| State/local grants | 0% | — |
| Federal student loans | 71% | $6,860 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Lowell Academy Hairstyling Institute, approximately 57% of undergraduates were awarded an average grant or scholarship of $5,370 (among about 54 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,370 |
| Federal Pell grants | 57% | $5,370 |
| Federal student loans | 64% | $5,676 |
For on-campus title-IV students, average grant aid came to $6,467.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,925 |
| Over $75,000 | $16,208 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $14,839 |
| Off-campus title-IV students | $16,686 |
To project your own net price, use Lowell Academy Hairstyling Institute’s net price calculator: www.lowellacademy.com/netpricecalculator.
The median federal debt load at Lowell Academy Hairstyling Institute comes to $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,994 |
| Typical 10-year monthly payment (graduates) | $84.75/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
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 Lowell Academy Hairstyling Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,865 |
| 75th percentile | $8,015 |
| 90th percentile (highest-debt students) | $9,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,994 |
A handful of calculated indicators summarize the debt outlook at Lowell Academy Hairstyling Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Lowell Academy Hairstyling Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 702 |
| Total Stafford loan amount | $4,386,140 |
References
More about our data sources and methodologies.