by our College Data Analytics TeamA lot 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 sum total of attendance at Phagans School of Beauty can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Phagans School of Beauty offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover what amount of financial assistance could be accessible 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 figures below will help you estimate the aid you might receive from Phagans School of Beauty.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Phagans School of Beauty, 77% of first-year full-time students received aid of some kind some 27 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,959 |
| Institutional grants & scholarships | 11% | $150 |
| Federal Pell grants | 71% | $6,486 |
| State/local grants | 6% | $6,657 |
| Federal student loans | 69% | $7,242 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 78% of undergraduates were awarded an average grant or scholarship of $6,677 (across roughly 52 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $6,677 |
| Federal Pell grants | 76% | $6,146 |
| Federal student loans | 75% | $6,832 |
For students living on campus and receiving title-IV aid, grants averaged $7,632.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,158 |
| $30,001 – $75,000 | $9,656 |
| Over $75,000 | $16,366 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $11,476 |
| Off-campus title-IV students | $9,747 |
For an estimate tailored to your family circumstances, see Phagans School of Beauty’s official net price calculator: phagans-schools.com/NetPriceCalculator/npcalc.htm.
The median student at Phagans School of Beauty graduates with $8,170 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,170 |
| Median federal debt (graduates only) | $8,656 |
| Typical 10-year monthly payment (graduates) | $91.77/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Phagans School of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,854 |
| 75th percentile | $10,920 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,730 |
| Independent students | $8,656 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Phagans School of Beauty.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Phagans School of Beauty:
| Metric | Value |
|---|---|
| Stafford loan recipients | 813 |
| Total Stafford loan amount | $10,480,432 |
References
More about our data sources and methodologies.