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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,328 |
| Institutional grants & scholarships | 100% | $183 |
| Federal Pell grants | 100% | $7,395 |
| State/local grants | 100% | $250 |
| Federal student loans | 0% | — |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,328 |
| Federal Pell grants | 100% | $7,395 |
| Federal student loans | 0% | — |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,131.
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 | $5,403 |
| $30,001 – $75,000 | $6,351 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $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.
A handful of calculated indicators summarize the debt outlook 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 69 |
| Total Stafford loan amount | $468,134 |
References
More about our data sources and methodologies.