by our College Data Analytics TeamA lot of students are not billed 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 price of attendance at Schilling-Douglas School of Hair Design LLC can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Schilling-Douglas School of Hair Design LLC offer you, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Schilling-Douglas School of Hair Design LLC.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Schilling-Douglas School of Hair Design LLC, 100% of new full-time first-years were awarded at least some aid some 61 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $5,166 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 95% | $5,025 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $4,354 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Schilling-Douglas School of Hair Design LLC, about 44% of undergrads got grants or scholarships worth on average $5,112 (across approximately 127 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $5,112 |
| Federal Pell grants | 44% | $5,047 |
| Federal student loans | 57% | $6,068 |
For on-campus title-IV students, average grant aid came to $4,401.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,150 |
| $30,001 – $75,000 | $14,542 |
| Over $75,000 | $18,166 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,896 |
| Off-campus title-IV students | $15,105 |
To project your own net price, use Schilling-Douglas School of Hair Design LLC’s online cost calculator: schillingdouglas.com/calculator/npcalc.htm.
The median student at Schilling-Douglas School of Hair Design LLC graduates with $7,733 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,733 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Schilling-Douglas School of Hair Design LLC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,710 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $13,833 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,200 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $7,800 |
The figure below distills the debt data into a single burden category for Schilling-Douglas School of Hair Design LLC.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Schilling-Douglas School of Hair Design LLC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1155 |
| Total Stafford loan amount | $8,755,415 |
References
More about our data sources and methodologies.