by our College Data Analytics TeamA large number of students will never be charged 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 Studio Beauty School can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financing options does Studio Beauty School offer, and what will you qualify for? Keep scrolling for more information. Scroll down 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 Studio Beauty School.
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.
Looking at the entering class at Studio Beauty School, 63% of new full-time first-years were awarded at least some aid roughly 31 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,637 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 57% | $5,637 |
| State/local grants | 0% | — |
| Federal student loans | 57% | $5,512 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Studio Beauty School, about 47% of undergrads got grants or scholarships worth on average $4,930 (for some 90 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 47% | $4,930 |
| Federal Pell grants | 47% | $4,930 |
| Federal student loans | 49% | $5,802 |
For on-campus title-IV students, average grant aid came to $5,165.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,271 |
| $30,001 – $75,000 | $19,908 |
| Over $75,000 | $22,279 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,911 |
| Off-campus title-IV students | $19,626 |
To project your own net price, use Studio Beauty School’s online cost calculator: www.studiobeautyschool.com/admissions-catalog.
The median student at Studio Beauty School graduates with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,582 |
| Typical 10-year monthly payment (graduates) | $69.78/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 Studio Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,584 |
| 75th percentile | $9,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,158 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,917 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Studio Beauty School.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Studio Beauty School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 371 |
| Total Stafford loan amount | $2,879,754 |
References
More about our data sources and methodologies.