by our College Data Analytics TeamThe majority 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 Tonsorial Arts Barber College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Tonsorial Arts Barber College offer you, and what will you qualify for? Keep reading for more information. Keep reading to learn 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. Use the information below to understand how much financial assistance you may get from Tonsorial Arts Barber College.
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.
Among first-time, full-time freshmen at Tonsorial Arts Barber College, 92% of first-time, full-time freshmen received some form of financial aid around 36 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $5,706 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 92% | $5,706 |
| State/local grants | 0% | — |
| Federal student loans | 92% | $9,377 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 89% of the undergraduate population received grant aid that averaged $5,037 (across roughly 211 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $5,037 |
| Federal Pell grants | 89% | $5,037 |
| Federal student loans | 88% | $7,804 |
For students living on campus and receiving title-IV aid, grants averaged $5,731.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,240 |
| $30,001 – $75,000 | $18,698 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $20,484 |
| Off-campus title-IV students | $19,240 |
For a personalized estimate based on your family’s financial situation, use Tonsorial Arts Barber College’s net price calculator: www.tonsorialartsbarbercollege.com/wp-content/uploads/2020/01/Net-Price-Calculator-2.html.
The middle student in the debt distribution at Tonsorial Arts Barber College owes $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,667 |
| Typical 10-year monthly payment (graduates) | $113.09/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
These indicators are derived from the underlying debt data and summarize the overall picture at Tonsorial Arts Barber College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Tonsorial Arts Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 98 |
| Total Stafford loan amount | $808,714 |
References
More about our data sources and methodologies.