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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $6,255 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 49% | $6,255 |
| State/local grants | 0% | — |
| Federal student loans | 46% | $6,336 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $6,359 |
| Federal Pell grants | 36% | $6,359 |
| Federal student loans | 30% | $6,487 |
For students living on campus and receiving title-IV aid, grants averaged $6,033.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average 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 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 | $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.
The middle student in the debt distribution at Tennessee School of Beauty of Knoxville Inc owes $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,833 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,308 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $6,191 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,308 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1003 |
| Total Stafford loan amount | $6,371,110 |
References
More about our data sources and methodologies.