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Vanguard College of Cosmetology-Metairie Financial Aid and Scholarship Details

98% Freshmen Get Financial Aid
$5,740 Average Grant & Scholarship
63% Undergrads Get Grant Aid

A lot 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 sum total of attendance at Vanguard College of Cosmetology-Metairie can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financing options does Vanguard College of Cosmetology-Metairie offer, and what will you qualify for? Keep scrolling for more information. Scroll down to learn how much school funding will be available to you.

Why You Should Understand Vanguard College of Cosmetology-Metairie Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Vanguard College of Cosmetology-Metairie.

Freshman Financial Aid at Vanguard College of Cosmetology-Metairie

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 Vanguard College of Cosmetology-Metairie, 98% of the incoming full-time class was awarded financial aid (about 56 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$6,276
Institutional grants & scholarships2%$1,000
Federal Pell grants77%$6,396
State/local grants0%
Federal student loans96%$7,947

Scholarship and Grant Awards at Vanguard College of Cosmetology-Metairie

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Vanguard College of Cosmetology-Metairie, roughly 63% of the undergraduate population received grant aid that averaged $5,740 (across approximately 215 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)63%$5,740
Federal Pell grants62%$5,762
Federal student loans59%$7,447

For on-campus title-IV students, average grant aid came to $5,157.

Net Price by Family Income at Vanguard College of Cosmetology-Metairie

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$20,495

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Vanguard College of Cosmetology-Metairie

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.

CohortAverage Net Price
On-campus title-IV students$25,729
Off-campus title-IV students$20,495

To get a personalized net price estimate, try Vanguard College of Cosmetology-Metairie’s net price tool: paulmitchell.edu/neworleans/tuition-calculator.

How Much Students Borrow at Vanguard College of Cosmetology-Metairie

The median federal debt load at Vanguard College of Cosmetology-Metairie comes to $9,833 in federal loans.

MetricAmount
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.

The Full Range of Student Debt

The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Vanguard College of Cosmetology-Metairie.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$13,837
90th percentile (highest-debt students)$16,500

Debt Outcomes by Student Group at Vanguard College of Cosmetology-Metairie

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$9,833
Middle income$9,833
High income$9,833

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,833
Continuing-generation students$9,833

By Dependency Status

CohortMedian federal debt
Dependent students$9,833
Independent students$16,500

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at Vanguard College of Cosmetology-Metairie.

Federal Stafford Lending at Vanguard College of Cosmetology-Metairie

The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Vanguard College of Cosmetology-Metairie:

MetricValue
Stafford loan recipients2637
Total Stafford loan amount$30,712,751

GI Bill and DoD Benefits at Vanguard College of Cosmetology-Metairie

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients0
Total GI Bill amount$0

References

More about our data sources and methodologies.

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