by our College Data Analytics TeamA large number of students will never be charged 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 price of attendance at University of Spa & Cosmetology Arts can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will University of Spa & Cosmetology Arts provide, and just what are you going to be eligible for? Read on for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from University of Spa & Cosmetology Arts.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At University of Spa & Cosmetology Arts, 89% of new full-time first-years were awarded at least some aid around 85 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $4,675 |
| Institutional grants & scholarships | 20% | $389 |
| Federal Pell grants | 55% | $5,705 |
| State/local grants | 1% | $4,475 |
| Federal student loans | 79% | $4,919 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 69% of undergrads got grants or scholarships worth on average $4,087 (covering around 169 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $4,087 |
| Federal Pell grants | 47% | $5,675 |
| Federal student loans | 49% | $4,829 |
On-campus students receiving title-IV aid were awarded grants averaging $5,024.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,493 |
| $30,001 – $75,000 | $16,977 |
| Over $75,000 | $20,557 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $16,000 |
| Off-campus title-IV students | $17,951 |
To get a personalized net price estimate, try University of Spa & Cosmetology Arts’s online cost calculator: www.uscart.com/disclosures.html.
The median student at University of Spa & Cosmetology Arts graduates with $4,124 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,124 |
| Median federal debt (graduates only) | $4,584 |
| Typical 10-year monthly payment (graduates) | $48.6/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. The figures below chart the debt distribution at University of Spa & Cosmetology Arts.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,139 |
| 25th percentile | $3,694 |
| 75th percentile | $7,917 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,017 |
| Middle income | $4,750 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,115 |
| Continuing-generation students | $4,584 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $3,888 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. University of Spa & Cosmetology Arts.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at University of Spa & Cosmetology Arts:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1659 |
| Total Stafford loan amount | $8,722,359 |
References
More about our data sources and methodologies.