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 Trend Barber College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Trend Barber College provide, and just what are you going to be eligible for? Read on for answers. Keep going to find out just how much financial aid will be open 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 Trend Barber College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Trend Barber College, 90% of the incoming full-time class was awarded financial aid around 110 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,704 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $4,619 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $4,430 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 76% of undergrads got grants or scholarships worth on average $4,884 (for some 105 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $4,884 |
| Federal Pell grants | 76% | $4,766 |
| Federal student loans | 71% | $4,597 |
Title-IV recipients living on campus saw average grant aid of $4,704.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,885 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,083 |
| Off-campus title-IV students | $17,885 |
For an estimate tailored to your family circumstances, see Trend Barber College’s official net price calculator: www.trendbarbercollege.org/netprice_cal.php.
The middle student in the debt distribution at Trend Barber College owes $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $12,794 |
| Typical 10-year monthly payment (graduates) | $135.64/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Trend Barber College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,603 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $12,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,083 |
| Independent students | $10,667 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Trend Barber College.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Trend Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1391 |
| Total Stafford loan amount | $16,940,953 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $58,876 |
| Average GI Bill amount per recipient | $14,719 |
References
More about our data sources and methodologies.