by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Shear Ego International School of Hair Design can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Shear Ego International School of Hair Design provide, and just what are you going to be eligible for? Read on for answers. Keep going to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Shear Ego International School of Hair Design.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Shear Ego International School of Hair Design, 85% of first-year full-time students received aid of some kind some 17 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $6,416 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 40% | $6,219 |
| State/local grants | 0% | — |
| Federal student loans | 75% | $5,389 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Shear Ego International School of Hair Design, around 34% of undergraduates were awarded an average grant or scholarship of $5,743 (across roughly 95 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $5,743 |
| Federal Pell grants | 33% | $4,924 |
| Federal student loans | 32% | $6,613 |
Title-IV recipients living on campus saw average grant aid of $5,275.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $31,722 |
| $30,001 – $75,000 | $32,929 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,578 |
| Off-campus title-IV students | $32,566 |
For a personalized estimate based on your family’s financial situation, use Shear Ego International School of Hair Design’s online cost calculator: www.shearegoschool.com/about-us/net-price-calculator.
A typical borrower at Shear Ego International School of Hair Design leaves with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Shear Ego International School of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $3,666 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $5,785 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Shear Ego International School of Hair Design.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Shear Ego International School of Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 704 |
| Total Stafford loan amount | $4,049,075 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $30,786 |
| Average GI Bill amount per recipient | $15,393 |
References
More about our data sources and methodologies.