by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at Shear Excellence Hair Academy can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Shear Excellence Hair Academy deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Shear Excellence Hair Academy.
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 freshmen starting at Shear Excellence Hair Academy, 100% of the incoming full-time class was awarded financial aid around 1 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,778 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $5,778 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $9,500 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 56% of undergraduates were awarded grant or scholarship aid averaging $4,934 (for some 143 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $4,934 |
| Federal Pell grants | 53% | $5,091 |
| Federal student loans | 56% | $7,189 |
For students living on campus and receiving title-IV aid, grants averaged $5,778.
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 | $42,367 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $37,256 |
| Off-campus title-IV students | $43,155 |
To project your own net price, use Shear Excellence Hair Academy’s online cost calculator: shearexcell.edu/try.
The median federal debt load at Shear Excellence Hair Academy comes to $7,464 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,464 |
| Median federal debt (graduates only) | $9,498 |
| Typical 10-year monthly payment (graduates) | $100.69/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 Shear Excellence Hair Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,860 |
| 25th percentile | $3,167 |
| 75th percentile | $8,500 |
| 90th percentile (highest-debt students) | $9,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,232 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,213 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Shear Excellence Hair Academy.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Shear Excellence Hair Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1105 |
| Total Stafford loan amount | $8,292,987 |
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 | 8 |
| Total GI Bill amount | $70,199 |
| Average GI Bill amount per recipient | $8,775 |
References
More about our data sources and methodologies.