Many students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Professional Institute of Beauty can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financing options does Professional Institute of Beauty offer you, and what will you qualify for? Keep scrolling for more information. Keep going to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Professional Institute of Beauty.
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.
For freshmen starting at Professional Institute of Beauty, 50% of first-time, full-time freshmen received some form of financial aid approximately 25 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $6,434 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 48% | $6,465 |
| State/local grants | 0% | — |
| Federal student loans | 30% | $2,865 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, approximately 56% of undergraduates were awarded grant or scholarship aid averaging $5,656 (for some 77 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,656 |
| Federal Pell grants | 55% | $5,596 |
| Federal student loans | 33% | $1,816 |
On-campus students receiving title-IV aid were awarded grants averaging $6,326.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,152 |
| $30,001 – $75,000 | $13,152 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,840 |
| Off-campus title-IV students | $13,152 |
For a personalized estimate based on your family’s financial situation, use Professional Institute of Beauty’s online cost calculator: www.pib.edu/calculator.html.
The median federal debt load at Professional Institute of Beauty comes to $2,976 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $2,976 |
| Median federal debt (graduates only) | $3,001 |
| Typical 10-year monthly payment (graduates) | $31.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Professional Institute of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,900 |
| 75th percentile | $4,736 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Professional Institute of Beauty.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Professional Institute of Beauty:
| Metric | Value |
|---|---|
| Stafford loan recipients | 447 |
| Total Stafford loan amount | $1,357,853 |
References
More about our data sources and methodologies.