by our College Data Analytics TeamA lot of students will not be asked to pay 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 Medspa Academies-National Institute of Modern Aesthetics can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Medspa Academies-National Institute of Modern Aesthetics provide, and just what are you going to be eligible for? Read on for answers. Scroll down to find out 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 Medspa Academies-National Institute of Modern Aesthetics.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Medspa Academies-National Institute of Modern Aesthetics, 79% of first-time, full-time freshmen received some form of financial aid (about 98 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,521 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $5,521 |
| State/local grants | 0% | — |
| Federal student loans | 71% | $7,457 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Medspa Academies-National Institute of Modern Aesthetics, roughly 45% of undergrads got grants or scholarships worth on average $4,991 (across approximately 155 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $4,991 |
| Federal Pell grants | 45% | $4,991 |
| Federal student loans | 46% | $7,822 |
Title-IV recipients living on campus saw average grant aid of $3,718.
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 | $22,363 |
| $30,001 – $75,000 | $22,864 |
| Over $75,000 | $25,292 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,990 |
| Off-campus title-IV students | $22,428 |
For a personalized estimate based on your family’s financial situation, use Medspa Academies-National Institute of Modern Aesthetics’s official net price calculator: www.nima.edu/disclosures/.
The median student at Medspa Academies-National Institute of Modern Aesthetics graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Medspa Academies-National Institute of Modern Aesthetics.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,250 |
| 25th percentile | $7,115 |
| 75th percentile | $12,125 |
| 90th percentile (highest-debt students) | $13,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $7,667 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,624 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Medspa Academies-National Institute of Modern Aesthetics.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Medspa Academies-National Institute of Modern Aesthetics:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1004 |
| Total Stafford loan amount | $8,444,738 |
References
More about our data sources and methodologies.