by our College Data Analytics TeamThe majority of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Trenz Beauty Academy can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Trenz Beauty Academy deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Trenz Beauty Academy.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Trenz Beauty Academy, 45% of the incoming full-time class was awarded financial aid some 17 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $4,426 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 42% | $4,426 |
| State/local grants | 0% | — |
| Federal student loans | 39% | $5,108 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Trenz Beauty Academy, about 9% of undergraduate students received gift aid averaging $4,369 (across roughly 17 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 9% | $4,369 |
| Federal Pell grants | 9% | $4,369 |
| Federal student loans | 8% | $5,085 |
For on-campus title-IV students, average grant aid came to $3,318.
The middle student in the debt distribution at Trenz Beauty Academy owes $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $13,822 |
| Typical 10-year monthly payment (graduates) | $146.54/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. The figures below chart the debt distribution at Trenz Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,000 |
| 75th percentile | $9,833 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,136 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,674 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Trenz Beauty Academy.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Trenz Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 514 |
| Total Stafford loan amount | $3,878,005 |
References
More about our data sources and methodologies.