by our College Data Analytics TeamA lot of students will never be charged 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 total cost of going to Morgantown Beauty College Inc can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Morgantown Beauty College Inc offer, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Morgantown Beauty College Inc.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Morgantown Beauty College Inc, 78% of first-year full-time students received aid of some kind around 35 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $5,443 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 60% | $5,443 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $4,602 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Morgantown Beauty College Inc, approximately 53% of undergrads got grants or scholarships worth on average $5,472 (covering around 67 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,472 |
| Federal Pell grants | 53% | $5,472 |
| Federal student loans | 60% | $5,500 |
Title-IV recipients living on campus saw average grant aid of $5,256.
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 | $9,510 |
| $30,001 – $75,000 | $11,074 |
| Over $75,000 | $14,464 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $12,823 |
| Off-campus title-IV students | $11,040 |
To project your own net price, use Morgantown Beauty College Inc’s net price calculator: morgantownbeautycollege.edu/net-cost-calculator.html.
The middle student in the debt distribution at Morgantown Beauty College Inc owes $6,052 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,052 |
| Median federal debt (graduates only) | $6,365 |
| Typical 10-year monthly payment (graduates) | $67.48/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Morgantown Beauty College Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,630 |
| 25th percentile | $4,975 |
| 75th percentile | $11,361 |
| 90th percentile (highest-debt students) | $12,225 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,916 |
| Middle income | $6,276 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,916 |
| Continuing-generation students | $6,365 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,708 |
| Independent students | $6,281 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Morgantown Beauty College Inc.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Morgantown Beauty College Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 804 |
| Total Stafford loan amount | $6,032,915 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $6,889 |
| Average GI Bill amount per recipient | $6,889 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $840 |
| Average DoD amount per recipient | $840 |
References
More about our data sources and methodologies.