Most students are not billed 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 Mystros Barber Academy can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Mystros Barber Academy deliver, and just what are you going to be eligible for? Read on for answers. Keep going to discover what amount of financial assistance could be accessible 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 Mystros Barber Academy.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Mystros Barber Academy, 46% of first-year full-time students received aid of some kind (about 6 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,168 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 46% | $4,168 |
| State/local grants | 0% | — |
| Federal student loans | 38% | $4,056 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Mystros Barber Academy, around 48% of undergraduates were awarded an average grant or scholarship of $7,296 (across approximately 26 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $7,296 |
| Federal Pell grants | 48% | $3,440 |
| Federal student loans | 46% | $4,010 |
On-campus students receiving title-IV aid were awarded grants averaging $4,168.
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 | $19,086 |
For an estimate tailored to your family circumstances, see Mystros Barber Academy’s official net price calculator: mystrosbarberacademynpc.com/.
The median federal debt load at Mystros Barber Academy comes to $7,959 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,959 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Mystros Barber Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Mystros Barber Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 95 |
| Total Stafford loan amount | $754,132 |
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 | 1 |
| Total GI Bill amount | $10,728 |
| Average GI Bill amount per recipient | $10,728 |
References
More about our data sources and methodologies.