by our College Data Analytics TeamA large number of students are not billed 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 Premier Academy of Cosmetology can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Premier Academy offer you, and what will you qualify for? Read on for more information. Keep going to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Premier Academy of Cosmetology.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Premier Academy of Cosmetology, 83% of entering full-time freshmen got some type of financial assistance some 19 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $6,944 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 70% | $5,238 |
| State/local grants | 0% | — |
| Federal student loans | 61% | $7,109 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, some 72% of undergrads got grants or scholarships worth on average $5,528 (across roughly 41 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,528 |
| Federal Pell grants | 72% | $4,862 |
| Federal student loans | 63% | $5,700 |
For students living on campus and receiving title-IV aid, grants averaged $4,656.
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 | $17,860 |
| $30,001 – $75,000 | $14,641 |
| Over $75,000 | $23,296 |
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 | $18,449 |
| Off-campus title-IV students | $17,891 |
For a personalized estimate based on your family’s financial situation, use Premier Academy’s NPC: nces.ed.gov/ipeds/netpricecalculator/#/.
The middle student in the debt distribution at Premier Academy owes $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Premier Academy.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Premier Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 56 |
| Total Stafford loan amount | $497,989 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.