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Modern Hairstyling Institute-Bayamon Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$8,328 Average Grant & Scholarship
100% Undergrads Get Grant Aid

A lot of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Modern Hairstyling Institute-Bayamon can sound overwhelming, but bear in mind that many students get some type of financial aid.

Just what financing solutions does Modern Hairstyling Institute-Bayamon provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn how much school funding will be available to you.

Why You Should Understand Modern Hairstyling Institute-Bayamon Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Modern Hairstyling Institute-Bayamon.

Freshman Financial Aid at Modern Hairstyling Institute-Bayamon

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.

Among first-time, full-time freshmen at Modern Hairstyling Institute-Bayamon, 100% of first-year full-time students received aid of some kind around 200 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$8,328
Institutional grants & scholarships100%$183
Federal Pell grants100%$7,395
State/local grants100%$250
Federal student loans0%

Scholarship and Grant Awards at Modern Hairstyling Institute-Bayamon

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Modern Hairstyling Institute-Bayamon, approximately 100% of undergraduates were awarded an average grant or scholarship of $8,328 (covering around 272 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$8,328
Federal Pell grants100%$7,395
Federal student loans0%

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,131.

How Cost Varies by Income at Modern Hairstyling Institute-Bayamon

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$5,403
$30,001 – $75,000$6,351

Remember these are net prices — what families pay after gift aid, not before.

Net Price at Modern Hairstyling Institute-Bayamon

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.

CohortAverage Net Price
On-campus title-IV students$5,247
Off-campus title-IV students$5,532

For an estimate tailored to your family circumstances, see Modern Hairstyling Institute-Bayamon’s NPC: www.modern.edu/pricenetcalculator.

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at Modern Hairstyling Institute-Bayamon.

Student Loans at Modern Hairstyling Institute-Bayamon

Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Modern Hairstyling Institute-Bayamon:

MetricValue
Stafford loan recipients69
Total Stafford loan amount$468,134

External Resources for Modern Hairstyling Institute-Bayamon

References

More about our data sources and methodologies.

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