by our College Data Analytics TeamA lot of students will never be charged 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 total price of attendance at Taylor Andrews Academy of Hair Design-Provo can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Taylor Andrews Academy - Provo deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Taylor Andrews Academy of Hair Design-Provo.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Taylor Andrews Academy of Hair Design-Provo, 92% of new full-time first-years were awarded at least some aid some 56 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $4,031 |
| Institutional grants & scholarships | 49% | $1,333 |
| Federal Pell grants | 46% | $5,337 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $6,088 |
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 this school, about 59% of undergraduates were awarded an average grant or scholarship of $4,255 (among about 113 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,255 |
| Federal Pell grants | 40% | $5,007 |
| Federal student loans | 59% | $4,577 |
Title-IV recipients living on campus saw average grant aid of $3,958.
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 | $19,418 |
| $30,001 – $75,000 | $20,512 |
| Over $75,000 | $23,770 |
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 | $24,085 |
| Off-campus title-IV students | $21,627 |
For an estimate tailored to your family circumstances, see Taylor Andrews Academy - Provo’s net price tool: taylorandrew.com/financial-aid/#ConsumerDisclosure.
A typical borrower at Taylor Andrews Academy - Provo leaves with $9,500 of federal borrowing.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Taylor Andrews Academy - Provo.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,536 |
| Middle income | $10,302 |
| High income | $10,556 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,701 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $10,550 |
A handful of calculated indicators summarize the debt outlook at Taylor Andrews Academy - Provo.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Taylor Andrews Academy - Provo:
| 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 | 2 |
| Total GI Bill amount | $34,500 |
| Average GI Bill amount per recipient | $17,250 |
References
More about our data sources and methodologies.