by our College Data Analytics TeamMany 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 Mid Cities Barber College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Mid Cities Barber College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Mid Cities Barber College.
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.
Among first-time, full-time freshmen at Mid Cities Barber College, 50% of entering full-time freshmen got some type of financial assistance (about 15 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $6,190 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $6,190 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Mid Cities Barber College, approximately 46% of undergraduates were awarded grant or scholarship aid averaging $4,416 (for some 26 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,416 |
| Federal Pell grants | 46% | $4,416 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $6,190.
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 | $10,256 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $12,203 |
| Off-campus title-IV students | $10,256 |
To project your own net price, use Mid Cities Barber College’s online cost calculator: midcitiesbarbercollege.com/netprice/npcalc.htm.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Mid Cities Barber College.
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $40,725 |
| Average GI Bill amount per recipient | $10,181 |
References
More about our data sources and methodologies.