by our College Data Analytics TeamA large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Makana Esthetics Wellness Academy can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Makana Esthetics Wellness Academy offer you, and what will you qualify for? Read on for more information. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Makana Esthetics Wellness Academy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Makana Esthetics Wellness Academy, 73% of first-year full-time students received aid of some kind roughly 58 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $3,921 |
| Institutional grants & scholarships | 25% | $114 |
| Federal Pell grants | 55% | $3,851 |
| State/local grants | 0% | — |
| Federal student loans | 61% | $5,013 |
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 Makana Esthetics Wellness Academy, roughly 44% of undergraduates were awarded grant or scholarship aid averaging $3,788 (among about 52 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $3,788 |
| Federal Pell grants | 43% | $3,718 |
| Federal student loans | 44% | $5,150 |
Title-IV recipients living on campus saw average grant aid of $3,042.
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 | $14,133 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $11,824 |
| Off-campus title-IV students | $14,099 |
For a personalized estimate based on your family’s financial situation, use Makana Esthetics Wellness Academy’s net price tool: makanaacademy.edu/calculator/.
The middle student in the debt distribution at Makana Esthetics Wellness Academy owes $6,333 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
The figure below distills the debt data into a single burden category for Makana Esthetics Wellness Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Makana Esthetics Wellness Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 77 |
| Total Stafford loan amount | $405,968 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $91,200 |
| Average GI Bill amount per recipient | $11,400 |
References
More about our data sources and methodologies.