by our College Data Analytics TeamA lot of students are not billed 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 price of attendance at Toni & Guy Hairdressing Academy-Colorado Springs can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Toni & Guy Hairdressing Academy-Colorado Springs provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to find out how much school funding will be available 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 Toni & Guy Hairdressing Academy-Colorado Springs.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Toni & Guy Hairdressing Academy-Colorado Springs, 63% of the incoming full-time class was awarded financial aid (about 84 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $3,268 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 63% | $3,268 |
| State/local grants | 0% | — |
| Federal student loans | 63% | $3,788 |
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 46% of undergraduates were awarded grant or scholarship aid averaging $4,630 (across roughly 106 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,630 |
| Federal Pell grants | 46% | $4,630 |
| Federal student loans | 54% | $5,327 |
On-campus students receiving title-IV aid were awarded grants averaging $3,268.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,699 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $25,777 |
| Off-campus title-IV students | $25,699 |
For a customized cost estimate, visit Toni & Guy Hairdressing Academy-Colorado Springs’s online cost calculator: www.tigihairdressingacademy.com/net-price-calculator/.
Graduating students at Toni & Guy Hairdressing Academy-Colorado Springs carry a median federal student debt of $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,008 |
| Typical 10-year monthly payment (graduates) | $116.7/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the 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 Toni & Guy Hairdressing Academy-Colorado Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,069 |
| 25th percentile | $5,405 |
| 75th percentile | $13,369 |
| 90th percentile (highest-debt students) | $17,916 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,833 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Toni & Guy Hairdressing Academy-Colorado Springs.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Toni & Guy Hairdressing Academy-Colorado Springs:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1487 |
| Total Stafford loan amount | $15,916,697 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 31 |
| Total GI Bill amount | $348,469 |
| Average GI Bill amount per recipient | $11,241 |
References
More about our data sources and methodologies.