by our College Data Analytics TeamA lot 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 Medspa Academies can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can National Institute of Medical Aesthetics offer you, and what will you qualify for? Keep reading for more information. Scroll down to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Medspa Academies.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Medspa Academies, 62% of the incoming full-time class was awarded financial aid approximately 116 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $5,215 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 37% | $5,215 |
| State/local grants | 0% | — |
| Federal student loans | 59% | $6,965 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 33% of undergraduate students received gift aid averaging $5,372 (for some 131 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $5,372 |
| Federal Pell grants | 33% | $5,372 |
| Federal student loans | 48% | $6,679 |
For students living on campus and receiving title-IV aid, grants averaged $3,071.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,052 |
| $30,001 – $75,000 | $16,662 |
| Over $75,000 | $19,604 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $19,466 |
| Off-campus title-IV students | $18,603 |
For an estimate tailored to your family circumstances, see National Institute of Medical Aesthetics’s NPC: www.nima.edu/disclosures/.
A typical borrower at National Institute of Medical Aesthetics leaves with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at National Institute of Medical 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| 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 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. National Institute of Medical Aesthetics.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at National Institute of Medical Aesthetics:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1004 |
| Total Stafford loan amount | $8,444,738 |
References
More about our data sources and methodologies.