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Raphael’s School of Beauty Culture Inc-Boardman Financial Aid and Scholarship Details

81% Freshmen Get Financial Aid
$6,255 Average Grant & Scholarship
64% Undergrads Get Grant Aid

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.

Understanding Raphael’s School of Beauty Culture Inc-Boardman Financial Aid Info

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.

Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$6,930
Institutional grants & scholarships70%$1,888
Federal Pell grants64%$6,341
State/local grants0%
Federal student loans72%$6,674

Undergraduate Grant Aid at Raphael’s School of Beauty Culture Inc-Boardman

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$6,255
Federal Pell grants55%$5,863
Federal student loans50%$7,004

For on-campus title-IV students, average grant aid came to $7,129.

How Cost Varies by Income at Raphael’s School of Beauty Culture Inc-Boardman

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage 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 at Raphael’s School of Beauty Culture Inc-Boardman

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.

CohortAverage 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.

Typical Student Debt at Raphael’s School of Beauty Culture Inc-Boardman

The median student at Raphael’s School of Beauty Culture Inc-Boardman graduates with $5,500 in federal student debt.

MetricAmount
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.

The Range of Student Debt at this School

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$3,750
75th percentile$9,012
90th percentile (highest-debt students)$11,000

Debt Outcomes by Student Group at Raphael’s School of Beauty Culture Inc-Boardman

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$5,877

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,268
Independent students$6,251

Calculated Debt-Outcome Indicators

The figure below distills the debt data into a single burden category for Raphael’s School of Beauty Culture Inc-Boardman.

Federal Stafford Lending at 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:

MetricValue
Stafford loan recipients856
Total Stafford loan amount$5,586,428

Veteran and Military Aid at Raphael’s School of Beauty Culture Inc-Boardman

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients0
Total GI Bill amount$0

More Financial Aid Resources from Raphael’s School of Beauty Culture Inc-Boardman

References

More about our data sources and methodologies.

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