by our College Data Analytics TeamMany 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 price tag of going to Olympian Academy of Cosmetology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Olympian Academy of Cosmetology deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Olympian Academy of Cosmetology.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Olympian Academy of Cosmetology, 84% of the incoming full-time class was awarded financial aid (about 319 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,446 |
| Institutional grants & scholarships | 24% | $136 |
| Federal Pell grants | 76% | $5,317 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $7,788 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Olympian Academy of Cosmetology, approximately 71% of undergraduates were awarded grant or scholarship aid averaging $4,476 (for some 557 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $4,476 |
| Federal Pell grants | 71% | $4,406 |
| Federal student loans | 67% | $5,793 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,850.
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 | $20,874 |
Remember these are net prices — what families pay after gift aid, not before.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,793 |
| Off-campus title-IV students | $20,874 |
For a personalized estimate based on your family’s financial situation, use Olympian Academy of Cosmetology’s official net price calculator: olympianacademy.edu/financial-aid/.
A typical borrower at Olympian Academy of Cosmetology leaves with $6,584 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,584 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Olympian Academy of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,622 |
| 90th percentile (highest-debt students) | $15,341 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,509 |
| Middle income | $6,333 |
| High income | $7,237 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,625 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,333 |
| Independent students | $7,019 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Olympian Academy of Cosmetology.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Olympian Academy of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10824 |
| Total Stafford loan amount | $98,627,136 |
References
More about our data sources and methodologies.