by our College Data Analytics TeamA large number of 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 price tag of going to My Le’s Beauty College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will My Le’s Beauty College offer you, and what will you qualify for? Read on for more information. Keep going to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at My Le’s Beauty College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at My Le’s Beauty College, 100% of first-year full-time students received aid of some kind roughly 132 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,201 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,201 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At My Le’s Beauty College, around 87% of undergraduates were awarded an average grant or scholarship of $4,201 (across roughly 132 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $4,201 |
| Federal Pell grants | 87% | $4,201 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $4,201.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,990 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $13,880 |
| Off-campus title-IV students | $12,990 |
To project your own net price, use My Le’s Beauty College’s official net price calculator: www.mylebeautycollegellc.com/resources/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. My Le’s Beauty College.
References
More about our data sources and methodologies.