by our College Data Analytics TeamA large number 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 total cost of going to Skin Science Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Skin Science Institute deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Skin Science Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Skin Science Institute, 64% of new full-time first-years were awarded at least some aid (about 35 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $3,373 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 36% | $3,373 |
| State/local grants | 0% | — |
| Federal student loans | 25% | $608 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 15% of undergrads got grants or scholarships worth on average $3,626 (for some 35 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 15% | $3,626 |
| Federal Pell grants | 8% | $3,402 |
| Federal student loans | 15% | $5,539 |
On-campus students receiving title-IV aid were awarded grants averaging $2,498.
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 | $17,804 |
| $30,001 – $75,000 | $17,316 |
| Over $75,000 | $18,583 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $20,486 |
| Off-campus title-IV students | $18,040 |
For a customized cost estimate, visit Skin Science Institute’s net price calculator: skinscienceinstitute.com/net-price-calculator/.
Graduating students at Skin Science Institute carry a median federal student debt of $7,667 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,667 |
| Median federal debt (graduates only) | $7,667 |
| Typical 10-year monthly payment (graduates) | $81.28/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Skin Science Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,923 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
| Middle income | $7,667 |
| High income | $7,667 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,667 |
| Continuing-generation students | $7,667 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Skin Science Institute.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Skin Science Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 951 |
| Total Stafford loan amount | $7,472,771 |
References
More about our data sources and methodologies.