by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Southeastern Esthetics Institute can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Southeastern Esthetics Institute provide, and just what are you going to be eligible for? Read on for answers. Keep reading to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Southeastern Esthetics Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Southeastern Esthetics Institute, 56% of first-time, full-time freshmen received some form of financial aid (about 266 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $3,989 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 44% | $3,989 |
| State/local grants | 0% | — |
| Federal student loans | 49% | $4,941 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 48% of undergraduates were awarded an average grant or scholarship of $3,868 (across roughly 259 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $3,868 |
| Federal Pell grants | 48% | $3,868 |
| Federal student loans | 53% | $4,899 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,149.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,833 |
| $30,001 – $75,000 | $16,494 |
| Over $75,000 | $19,678 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $17,333 |
| Off-campus title-IV students | $16,467 |
To project your own net price, use Southeastern Esthetics Institute’s NPC: www.seestheticsinstitute.com/net-price-calculator/.
A typical borrower at Southeastern Esthetics Institute leaves with $6,333 of federal student 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $3,666 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at Southeastern Esthetics Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Southeastern Esthetics Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 693 |
| Total Stafford loan amount | $3,551,270 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 92 |
| Total GI Bill amount | $307,299 |
| Average GI Bill amount per recipient | $3,340 |
References
More about our data sources and methodologies.