by our College Data Analytics TeamA large number 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 total cost of going to Michael’s Barber & Hair Stylist Academy can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Michael’s Barber & Hair Stylist Academy offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Michael’s Barber & Hair Stylist Academy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Michael’s Barber & Hair Stylist Academy, 95% of new full-time first-years were awarded at least some aid roughly 21 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $6,338 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 95% | $6,338 |
| State/local grants | 0% | — |
| Federal student loans | 91% | $7,268 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 77% of undergraduates were awarded an average grant or scholarship of $4,666 (across approximately 57 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $4,666 |
| Federal Pell grants | 77% | $4,666 |
| Federal student loans | 85% | $4,962 |
For on-campus title-IV students, average grant aid came to $6,338.
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 | $23,855 |
| $30,001 – $75,000 | $23,911 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,033 |
| Off-campus title-IV students | $23,855 |
To get a personalized net price estimate, try Michael’s Barber & Hair Stylist Academy’s net price tool: www.michaelsbarberacademy.com/net-price-calculator.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Michael’s Barber & Hair Stylist Academy.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Michael’s Barber & Hair Stylist Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 43 |
| Total Stafford loan amount | $274,157 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $45,555 |
| Average GI Bill amount per recipient | $15,185 |
References
More about our data sources and methodologies.