by our College Data Analytics TeamThe majority 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 Midfield Institute of Cosmetology can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Midfield Institute of Cosmetology offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Midfield Institute of Cosmetology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 75% of undergrads got grants or scholarships worth on average $4,620 (across roughly 12 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,620 |
| Federal Pell grants | 75% | $4,620 |
| Federal student loans | 13% | $7,052 |
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 | $10,844 |
Remember these are net prices — what families pay after gift aid, not before.
The middle student in the debt distribution at Midfield Institute of Cosmetology owes $8,649 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,649 |
A handful of calculated indicators summarize the debt outlook at Midfield Institute of Cosmetology.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Midfield Institute of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 48 |
| Total Stafford loan amount | $411,396 |
References
More about our data sources and methodologies.