Many students will not be asked to pay 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 total price of attendance at Taylor Andrews Academy of Hair Design-West Jordan can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Taylor Andrews Academy - West Jordan deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see 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 Taylor Andrews Academy of Hair Design-West Jordan.
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 Taylor Andrews Academy of Hair Design-West Jordan, 77% of first-year full-time students received aid of some kind roughly 41 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $6,340 |
| Institutional grants & scholarships | 42% | $1,485 |
| Federal Pell grants | 53% | $5,173 |
| State/local grants | 0% | — |
| Federal student loans | 72% | $5,683 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Taylor Andrews Academy - West Jordan, about 56% of undergraduate students received gift aid averaging $4,666 (across roughly 132 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $4,666 |
| Federal Pell grants | 39% | $5,335 |
| Federal student loans | 54% | $6,325 |
Title-IV recipients living on campus saw average grant aid of $3,409.
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 | $15,716 |
| $30,001 – $75,000 | $16,813 |
| Over $75,000 | $20,424 |
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 | $18,265 |
| Off-campus title-IV students | $16,791 |
To project your own net price, use Taylor Andrews Academy - West Jordan’s online cost calculator: taylorandrew.com/financial-aid/#ConsumerDisclosure.
A typical borrower at Taylor Andrews Academy - West Jordan leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,556 |
| Typical 10-year monthly payment (graduates) | $111.91/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Taylor Andrews Academy - West Jordan.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,990 |
| 25th percentile | $5,585 |
| 75th percentile | $13,667 |
| 90th percentile (highest-debt students) | $17,667 |
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 | $8,536 |
| Middle income | $10,302 |
| High income | $10,556 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,701 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $10,550 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Taylor Andrews Academy - West Jordan.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Taylor Andrews Academy - West Jordan:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1362 |
| Total Stafford loan amount | $13,232,618 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.