by our College Data Analytics TeamA large number of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Metro Detroit Barber College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Metro Detroit Barber College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Metro Detroit Barber College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At Metro Detroit Barber College, 93% of the incoming full-time class was awarded financial aid around 41 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $6,289 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 93% | $6,289 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 65% of undergraduates were awarded an average grant or scholarship of $6,980 (among about 44 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $6,980 |
| Federal Pell grants | 65% | $6,980 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $6,289.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,909 |
| $30,001 – $75,000 | $17,571 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,217 |
| Off-campus title-IV students | $15,909 |
To project your own net price, use Metro Detroit Barber College’s net price calculator: nces.ed.gov/ipeds/netpricecalculator/#/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Metro Detroit Barber College.
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $16,100 |
| Average GI Bill amount per recipient | $16,100 |
References
More about our data sources and methodologies.