by our College Data Analytics TeamThe majority of students will not be asked to pay 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 total cost of going to Mississippi College of Beauty Culture can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Mississippi College of Beauty Culture deliver, and just what are you going to be eligible for? Read on for answers. Read on to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Mississippi College of Beauty Culture.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Mississippi College of Beauty Culture, 82% of entering full-time freshmen got some type of financial assistance around 9 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,139 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 73% | $6,139 |
| State/local grants | 0% | — |
| Federal student loans | 55% | $6,389 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Mississippi College of Beauty Culture, some 60% of undergraduate students received gift aid averaging $5,482 (among about 45 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $5,482 |
| Federal Pell grants | 60% | $5,482 |
| Federal student loans | 48% | $6,197 |
On-campus students receiving title-IV aid were awarded grants averaging $5,457.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $33,969 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,753 |
| Off-campus title-IV students | $33,969 |
For an estimate tailored to your family circumstances, see Mississippi College of Beauty Culture’s net price calculator: hatfieldsinc.com/financial-aid/calculator.
Graduating students at Mississippi College of Beauty Culture carry a median federal student debt of $6,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $6,500 |
| Typical 10-year monthly payment (graduates) | $68.91/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A handful of calculated indicators summarize the debt outlook at Mississippi College of Beauty Culture.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Mississippi College of Beauty Culture:
| Metric | Value |
|---|---|
| Stafford loan recipients | 171 |
| Total Stafford loan amount | $1,170,304 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $12,470 |
| Average GI Bill amount per recipient | $6,235 |
References
More about our data sources and methodologies.