by our College Data Analytics TeamA lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Phagans Medford Beauty School can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does Phagans Medford Beauty School deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Phagans Medford Beauty School.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Phagans Medford Beauty School, 82% of first-time, full-time freshmen received some form of financial aid around 23 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $5,820 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $5,542 |
| State/local grants | 11% | $3,071 |
| Federal student loans | 71% | $5,784 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Phagans Medford Beauty School, around 82% of undergraduate students received gift aid averaging $6,326 (among about 40 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,326 |
| Federal Pell grants | 78% | $5,968 |
| Federal student loans | 73% | $5,997 |
For students living on campus and receiving title-IV aid, grants averaged $5,486.
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 | $13,613 |
| $30,001 – $75,000 | $13,833 |
| Over $75,000 | $15,643 |
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 | $12,740 |
| Off-campus title-IV students | $13,798 |
For an estimate tailored to your family circumstances, see Phagans Medford Beauty School’s official net price calculator: phagans-schools.com/NetPriceCalculator/npcalc.htm.
The middle student in the debt distribution at Phagans Medford Beauty School owes $8,142 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,142 |
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Phagans Medford Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,193 |
| 75th percentile | $11,416 |
A handful of calculated indicators summarize the debt outlook at Phagans Medford Beauty School.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Phagans Medford Beauty School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 793 |
| Total Stafford loan amount | $9,578,424 |
References
More about our data sources and methodologies.