by our College Data Analytics TeamThe majority 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 total price of attendance at P B Cosmetology Education Center can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can P B Cosmetology Education Center offer, and what will you qualify for? Keep reading for more information. Scroll down to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from P B Cosmetology Education Center.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
At P B Cosmetology Education Center, 94% of new full-time first-years were awarded at least some aid some 34 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $6,626 |
| Institutional grants & scholarships | 42% | $2,700 |
| Federal Pell grants | 53% | $6,463 |
| State/local grants | 0% | — |
| Federal student loans | 67% | $7,604 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At P B Cosmetology Education Center, around 48% of undergrads got grants or scholarships worth on average $5,774 (among about 87 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $5,774 |
| Federal Pell grants | 39% | $5,889 |
| Federal student loans | 51% | $6,837 |
For on-campus title-IV students, average grant aid came to $6,506.
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 | $22,005 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $16,188 |
| Off-campus title-IV students | $22,005 |
To get a personalized net price estimate, try P B Cosmetology Education Center’s official net price calculator: www.pbbeautyschool.com/net-price-calculator.
Graduating students at P B Cosmetology Education Center carry a median federal student debt of $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $7,667 |
| Typical 10-year monthly payment (graduates) | $81.28/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at P B Cosmetology Education Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,546 |
| 25th percentile | $5,020 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,667 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $7,667 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. P B Cosmetology Education Center.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at P B Cosmetology Education Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1789 |
| Total Stafford loan amount | $13,504,343 |
References
More about our data sources and methodologies.