by our College Data Analytics TeamMany students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Ravenscroft Beauty College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Ravenscroft Beauty College provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ravenscroft Beauty College.
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.
Among first-time, full-time freshmen at Ravenscroft Beauty College, 86% of entering full-time freshmen got some type of financial assistance roughly 30 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $4,811 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $4,716 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $6,558 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Ravenscroft Beauty College, about 62% of undergrads got grants or scholarships worth on average $4,578 (among about 117 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,578 |
| Federal Pell grants | 62% | $4,497 |
| Federal student loans | 56% | $6,743 |
The median student at Ravenscroft Beauty College graduates with $6,333 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $7,389 |
| Typical 10-year monthly payment (graduates) | $78.34/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Ravenscroft Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,750 |
| 75th percentile | $11,083 |
| 90th percentile (highest-debt students) | $16,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,389 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,750 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Ravenscroft Beauty College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Ravenscroft Beauty College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1969 |
| Total Stafford loan amount | $16,668,766 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $2,283 |
| Average GI Bill amount per recipient | $2,283 |
References
More about our data sources and methodologies.