by our College Data Analytics TeamA large number of students are not billed 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 Toni & Guy Hairdressing Academy-Rio Rancho can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Toni & Guy Hairdressing Academy-Rio Rancho provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Toni & Guy Hairdressing Academy-Rio Rancho.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
A typical borrower at Toni & Guy Hairdressing Academy-Rio Rancho leaves with $7,667 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,667 |
| Median federal debt (graduates only) | $10,556 |
| Typical 10-year monthly payment (graduates) | $111.91/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Toni & Guy Hairdressing Academy-Rio Rancho.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,596 |
| 25th percentile | $5,500 |
| 75th percentile | $17,667 |
| 90th percentile (highest-debt students) | $17,667 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,211 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $6,211 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,304 |
| Independent students | $6,211 |
The figure below distills the debt data into a single burden category for Toni & Guy Hairdressing Academy-Rio Rancho.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Toni & Guy Hairdressing Academy-Rio Rancho:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1066 |
| Total Stafford loan amount | $11,346,363 |
References
More about our data sources and methodologies.