by our College Data Analytics TeamA lot of students will never be charged 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 price tag of going to Reflections Academy of Beauty can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Reflections Academy of Beauty offer you, and what will you qualify for? Keep reading for more information. Keep reading to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Reflections Academy of Beauty.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Reflections Academy of Beauty, 92% of first-time, full-time freshmen received some form of financial aid some 22 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,937 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $6,937 |
| State/local grants | 0% | — |
| Federal student loans | 88% | $8,051 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 32% of undergrads got grants or scholarships worth on average $5,692 (across roughly 38 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 32% | $5,692 |
| Federal Pell grants | 31% | $5,846 |
| Federal student loans | 35% | $7,256 |
For students living on campus and receiving title-IV aid, grants averaged $6,631.
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 | $21,319 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $20,082 |
| Off-campus title-IV students | $21,319 |
For a customized cost estimate, visit Reflections Academy of Beauty’s NPC: www.reflectionsacademyofbeauty.com/school-calculator.
A typical borrower at Reflections Academy of Beauty leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Reflections Academy of Beauty.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Reflections Academy of Beauty:
| Metric | Value |
|---|---|
| Stafford loan recipients | 153 |
| Total Stafford loan amount | $1,590,470 |
References
More about our data sources and methodologies.