by our College Data Analytics TeamThe majority of students will never be charged 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 price of attendance at Montana Academy of Salons can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Montana Academy offer you, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will 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 Montana Academy of Salons.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Montana Academy of Salons, 55% of first-year full-time students received aid of some kind roughly 94 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $7,689 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 40% | $7,689 |
| State/local grants | 0% | — |
| Federal student loans | 44% | $7,178 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Montana Academy, around 35% of undergraduates were awarded an average grant or scholarship of $5,767 (across approximately 92 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $5,767 |
| Federal Pell grants | 34% | $5,830 |
| Federal student loans | 38% | $7,388 |
Title-IV recipients living on campus saw average grant aid of $4,916.
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 | $11,262 |
| $30,001 – $75,000 | $12,528 |
| Over $75,000 | $16,473 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,935 |
| Off-campus title-IV students | $13,158 |
For an estimate tailored to your family circumstances, see Montana Academy’s NPC: montanaacademy.edu/financial-aid/net-price-calculator/.
A typical borrower at Montana Academy leaves with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Montana Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,025 |
| 75th percentile | $13,478 |
| 90th percentile (highest-debt students) | $17,355 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,944 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Montana Academy.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Montana Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 634 |
| Total Stafford loan amount | $5,982,274 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.