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Tennessee School of Beauty of Knoxville Inc Financial Aid Details

61% Freshmen Get Financial Aid
$6,359 Average Grant & Scholarship
36% Undergrads Get Grant Aid

A lot 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 sum total of attendance at Tennessee School of Beauty of Knoxville Inc can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial assistance options will Tennessee School of Beauty of Knoxville Inc offer you, and what will you qualify for? Read on for more information. Keep going to find out how much school funding will be available to you.

Why You Should Understand Tennessee School of Beauty of Knoxville Inc Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Tennessee School of Beauty of Knoxville Inc.

Freshman Financial Aid at Tennessee School of Beauty of Knoxville Inc

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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For incoming first-year students at Tennessee School of Beauty of Knoxville Inc, 61% of new full-time first-years were awarded at least some aid roughly 156 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)49%$6,255
Institutional grants & scholarships0%
Federal Pell grants49%$6,255
State/local grants0%
Federal student loans46%$6,336

Scholarship and Grant Awards at Tennessee School of Beauty of Knoxville Inc

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, around 36% of undergrads got grants or scholarships worth on average $6,359 (among about 174 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)36%$6,359
Federal Pell grants36%$6,359
Federal student loans30%$6,487

For students living on campus and receiving title-IV aid, grants averaged $6,033.

What Families Pay by Income at Tennessee School of Beauty of Knoxville Inc

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$9,459
$30,001 – $75,000$11,632
Over $75,000$15,461

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Tennessee School of Beauty of Knoxville Inc

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.

CohortAverage Net Price
On-campus title-IV students$10,052
Off-campus title-IV students$10,904

For an estimate tailored to your family circumstances, see Tennessee School of Beauty of Knoxville Inc’s online cost calculator: www.tennesseeschoolofbeauty.edu/net-price-calculator.

How Much Students Borrow at Tennessee School of Beauty of Knoxville Inc

The middle student in the debt distribution at Tennessee School of Beauty of Knoxville Inc owes $5,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$6,803
Typical 10-year monthly payment (graduates)$72.12/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Tennessee School of Beauty of Knoxville Inc.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,666
25th percentile$4,750
75th percentile$9,500
90th percentile (highest-debt students)$13,833

Debt Outcomes by Student Group at Tennessee School of Beauty of Knoxville Inc

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,308
Middle income$5,500
High income$5,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$5,500
Continuing-generation students$6,191

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$7,308

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Tennessee School of Beauty of Knoxville Inc.

Federal Stafford Lending at Tennessee School of Beauty of Knoxville Inc

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 Tennessee School of Beauty of Knoxville Inc:

MetricValue
Stafford loan recipients1003
Total Stafford loan amount$6,371,110

More Financial Aid Resources from Tennessee School of Beauty of Knoxville Inc

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