by our College Data Analytics TeamMost students will not be asked to pay 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 Montgomery Beauty School can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Montgomery Beauty School offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Montgomery Beauty School.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Montgomery Beauty School, 100% of first-year full-time students received aid of some kind some 45 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $2,788 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $2,648 |
| State/local grants | 20% | $500 |
| Federal student loans | 82% | $3,352 |
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 Montgomery Beauty School, around 49% of undergraduates were awarded grant or scholarship aid averaging $2,272 (across approximately 71 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $2,272 |
| Federal Pell grants | 49% | $1,969 |
| Federal student loans | 59% | $2,882 |
For students living on campus and receiving title-IV aid, grants averaged $2,718.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,374 |
| $30,001 – $75,000 | $21,253 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,755 |
| Off-campus title-IV students | $20,589 |
For a personalized estimate based on your family’s financial situation, use Montgomery Beauty School’s official net price calculator: www.montgomerybeautyschool.co/misc/netprice/index.html.
Graduating students at Montgomery Beauty School carry a median federal student debt of $7,667 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,667 |
| Median federal debt (graduates only) | $11,845 |
| Typical 10-year monthly payment (graduates) | $125.58/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Montgomery Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,980 |
| 75th percentile | $7,500 |
| 90th percentile (highest-debt students) | $11,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,295 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,750 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,373 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Montgomery Beauty School.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Montgomery Beauty School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1993 |
| Total Stafford loan amount | $15,536,657 |
References
More about our data sources and methodologies.