The majority of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Raphael’s School of Beauty Culture Inc-Boardman can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Raphael’s School of Beauty Culture Inc-Boardman offer, and what will you qualify for? Keep reading for more information. Scroll down to see what amount of financial assistance could 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 Raphael’s School of Beauty Culture Inc-Boardman.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Raphael’s School of Beauty Culture Inc-Boardman, 81% of first-year full-time students received aid of some kind roughly 43 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,930 |
| Institutional grants & scholarships | 70% | $1,888 |
| Federal Pell grants | 64% | $6,341 |
| State/local grants | 0% | — |
| Federal student loans | 72% | $6,674 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Raphael’s School of Beauty Culture Inc-Boardman, about 64% of undergraduates were awarded grant or scholarship aid averaging $6,255 (across approximately 133 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,255 |
| Federal Pell grants | 55% | $5,863 |
| Federal student loans | 50% | $7,004 |
For on-campus title-IV students, average grant aid came to $7,129.
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 | $13,387 |
| $30,001 – $75,000 | $14,007 |
| Over $75,000 | $20,665 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,477 |
| Off-campus title-IV students | $14,006 |
For an estimate tailored to your family circumstances, see Raphael’s School of Beauty Culture Inc-Boardman’s online cost calculator: solutions02.campusivy.com/Apps/NPC/NPCWizard?institutionId=67600.
The median student at Raphael’s School of Beauty Culture Inc-Boardman graduates with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,251 |
| Typical 10-year monthly payment (graduates) | $66.27/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Raphael’s School of Beauty Culture Inc-Boardman.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,750 |
| 75th percentile | $9,012 |
| 90th percentile (highest-debt students) | $11,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,877 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,268 |
| Independent students | $6,251 |
The figure below distills the debt data into a single burden category for Raphael’s School of Beauty Culture Inc-Boardman.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Raphael’s School of Beauty Culture Inc-Boardman:
| Metric | Value |
|---|---|
| Stafford loan recipients | 856 |
| Total Stafford loan amount | $5,586,428 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.