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Professional Institute of Beauty Financial Aid Details

50% Freshmen Get Financial Aid
$5,656 Average Grant & Scholarship
56% Undergrads Get Grant Aid

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.

Why You Should Understand Professional Institute of Beauty Financial Aid Information

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.

Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)50%$6,434
Institutional grants & scholarships0%
Federal Pell grants48%$6,465
State/local grants0%
Federal student loans30%$2,865

Scholarship and Grant Awards at Professional Institute of Beauty

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$5,656
Federal Pell grants55%$5,596
Federal student loans33%$1,816

On-campus students receiving title-IV aid were awarded grants averaging $6,326.

What Families Pay by Income at Professional Institute of Beauty

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage 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 Real Cost of Attending Professional Institute of Beauty

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.

CohortAverage 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.

How Much Students Borrow at Professional Institute of Beauty

The median federal debt load at Professional Institute of Beauty comes to $2,976 in federal student debt.

MetricAmount
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.

Debt Spread by Percentile

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.

PercentileCumulative Federal Debt
25th percentile$2,900
75th percentile$4,736

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Professional Institute of Beauty.

Federal Student Loans at 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:

MetricValue
Stafford loan recipients447
Total Stafford loan amount$1,357,853

References

More about our data sources and methodologies.

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