by our College Data Analytics TeamA large number 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 price tag of going to PJ’s College of Cosmetology-Richmond can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can PJ’s College of Cosmetology-Richmond offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to learn what amount of financial assistance will be accessible 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 PJ’s College of Cosmetology-Richmond.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at PJ’s College of Cosmetology-Richmond, 95% of first-year full-time students received aid of some kind some 20 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $7,000 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $5,921 |
| State/local grants | 0% | — |
| Federal student loans | 90% | $7,804 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 63% of undergraduates were awarded grant or scholarship aid averaging $5,079 (across approximately 57 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,079 |
| Federal Pell grants | 58% | $4,871 |
| Federal student loans | 49% | $7,406 |
For on-campus title-IV students, average grant aid came to $6,522.
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 | $16,555 |
| $30,001 – $75,000 | $16,535 |
| Over $75,000 | $23,530 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $24,006 |
| Off-campus title-IV students | $17,717 |
For a customized cost estimate, visit PJ’s College of Cosmetology-Richmond’s NPC: www.gotopjs.com/net-price-calculator.
The median student at PJ’s College of Cosmetology-Richmond graduates with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
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 | $6,333 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at PJ’s College of Cosmetology-Richmond.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at PJ’s College of Cosmetology-Richmond:
| Metric | Value |
|---|---|
| Stafford loan recipients | 472 |
| Total Stafford loan amount | $4,990,980 |
References
More about our data sources and methodologies.