by our College Data Analytics TeamMany 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 total cost of going to Midwest Barber College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Midwest Barber College offer you, and what will you qualify for? Keep reading for more information. Keep going to find out just how much financial aid will be open 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 Midwest Barber College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Midwest Barber College, 100% of first-time, full-time freshmen received some form of financial aid some 10 new students).
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Midwest Barber College, about 37% of undergraduate students received gift aid averaging $5,292 (covering around 17 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $5,292 |
| Federal Pell grants | 37% | $5,292 |
| Federal student loans | 43% | $7,195 |
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 | $18,236 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Midwest Barber College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Midwest Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 50 |
| Total Stafford loan amount | $361,430 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $36,970 |
| Average GI Bill amount per recipient | $18,485 |
References
More about our data sources and methodologies.