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Ohio State School of Cosmetology-Canal Winchester Financial Aid Details

90% Freshmen Get Financial Aid
$8,412 Average Grant & Scholarship
93% Undergrads Get Grant Aid

Many students are not billed 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 sum total of attendance at Ohio State School of Cosmetology-Canal Winchester can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial aid options can Ohio State School of Cosmetology-Canal Winchester offer, and what will you qualify for? Keep reading for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.

Understanding Ohio State School of Cosmetology-Canal Winchester Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Ohio State School of Cosmetology-Canal Winchester.

Average Freshman Financial Aid at Ohio State School of Cosmetology-Canal Winchester

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Ohio State School of Cosmetology-Canal Winchester, 90% of the incoming full-time class was awarded financial aid some 38 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$5,064
Institutional grants & scholarships64%$2,728
Federal Pell grants50%$5,655
State/local grants0%
Federal student loans71%$4,466

Grant Aid for Undergraduates at Ohio State School of Cosmetology-Canal Winchester

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Ohio State School of Cosmetology-Canal Winchester, roughly 93% of the undergraduate population received grant aid that averaged $8,412 (among about 65 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$8,412
Federal Pell grants54%$5,363
Federal student loans80%$4,052

For students living on campus and receiving title-IV aid, grants averaged $5,661.

Net Price by Family Income at Ohio State School of Cosmetology-Canal Winchester

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$16,556
$30,001 – $75,000$16,267
Over $75,000$18,457

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What Students Actually Pay at Ohio State School of Cosmetology-Canal Winchester

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$18,476
Off-campus title-IV students$17,117

For a personalized estimate based on your family’s financial situation, use Ohio State School of Cosmetology-Canal Winchester’s online cost calculator: salonschools.ohiostate.edu/npcalc.htm.

Student Debt Levels at Ohio State School of Cosmetology-Canal Winchester

The middle student in the debt distribution at Ohio State School of Cosmetology-Canal Winchester owes $9,700 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$9,700
Median federal debt (graduates only)$9,833
Typical 10-year monthly payment (graduates)$104.25/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Ohio State School of Cosmetology-Canal Winchester.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,025
25th percentile$3,500
75th percentile$10,000
90th percentile (highest-debt students)$12,675

Debt by Student Cohort at Ohio State School of Cosmetology-Canal Winchester

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,371

By Dependency Status

CohortMedian federal debt
Dependent students$9,144
Independent students$9,800

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Ohio State School of Cosmetology-Canal Winchester.

Federal Stafford Lending at Ohio State School of Cosmetology-Canal Winchester

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Ohio State School of Cosmetology-Canal Winchester:

MetricValue
Stafford loan recipients830
Total Stafford loan amount$6,093,987

References

More about our data sources and methodologies.

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