by our College Data Analytics TeamA large number of students will not be asked to pay 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 price tag of going to PJ’s College of Cosmetology-Glasgow can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will PJ’s College of Cosmetology-Glasgow deliver, and just what are you going to be eligible for? Read on for answers. Read on to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at PJ’s College of Cosmetology-Glasgow.
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.
Looking at the entering class at PJ’s College of Cosmetology-Glasgow, 94% of first-time, full-time freshmen received some form of financial aid (about 17 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $7,509 |
| Institutional grants & scholarships | 6% | $1,000 |
| Federal Pell grants | 83% | $6,378 |
| State/local grants | 0% | — |
| Federal student loans | 89% | $8,500 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At PJ’s College of Cosmetology-Glasgow, roughly 69% of undergraduate students received gift aid averaging $6,667 (across approximately 44 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $6,667 |
| Federal Pell grants | 64% | $5,984 |
| Federal student loans | 58% | $7,567 |
Title-IV recipients living on campus saw average grant aid of $7,339.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,420 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,829 |
| Off-campus title-IV students | $19,420 |
For a personalized estimate based on your family’s financial situation, use PJ’s College of Cosmetology-Glasgow’s NPC: www.gotopjs.com/net-price-calculator.
The middle student in the debt distribution at PJ’s College of Cosmetology-Glasgow owes $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $14,042 |
| Typical 10-year monthly payment (graduates) | $148.87/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at PJ’s College of Cosmetology-Glasgow.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $10,100 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at PJ’s College of Cosmetology-Glasgow.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at PJ’s College of Cosmetology-Glasgow:
| Metric | Value |
|---|---|
| Stafford loan recipients | 583 |
| Total Stafford loan amount | $6,354,009 |
References
More about our data sources and methodologies.