The majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to University Academy of Hair Design can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does University Academy of Hair Design offer, and what will you qualify for? Keep scrolling for more information. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from University Academy of Hair Design.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at University Academy of Hair Design, 77% of the incoming full-time class was awarded financial aid around 10 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $6,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 46% | $6,395 |
| State/local grants | 0% | — |
| Federal student loans | 46% | $9,055 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At University Academy of Hair Design, approximately 53% of undergraduates were awarded grant or scholarship aid averaging $5,585 (across roughly 31 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,585 |
| Federal Pell grants | 53% | $5,585 |
| Federal student loans | 47% | $6,833 |
For on-campus title-IV students, average grant aid came to $3,837.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,403 |
| $30,001 – $75,000 | $10,843 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,018 |
| Off-campus title-IV students | $11,398 |
For a personalized estimate based on your family’s financial situation, use University Academy of Hair Design’s net price calculator: uahairdesign.com/calculator/.
The median federal debt load at University Academy of Hair Design comes to $9,833 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at University Academy of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,417 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $14,246 |
A handful of calculated indicators summarize the debt outlook at University Academy of Hair Design.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at University Academy of Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 246 |
| Total Stafford loan amount | $2,314,694 |
References
More about our data sources and methodologies.