by our College Data Analytics TeamA lot 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 ABC Beauty Academy can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will ABC Beauty Academy provide, and just what are you going to be eligible for? Read on for answers. Scroll down to find out what amount of financial assistance will 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 ABC Beauty Academy.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at ABC Beauty Academy, 93% of the incoming full-time class was awarded financial aid approximately 93 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $4,732 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 93% | $4,732 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At ABC Beauty Academy, some 93% of the undergraduate population received grant aid that averaged $4,721 (for some 94 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $4,721 |
| Federal Pell grants | 93% | $4,721 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $4,760.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,069 |
| $30,001 – $75,000 | $12,732 |
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 | $9,323 |
| Off-campus title-IV students | $10,107 |
To project your own net price, use ABC Beauty Academy’s NPC: www.abcbeauty.org/NetPrice/npcalc.htm.
A handful of calculated indicators summarize the debt outlook at ABC Beauty Academy.
References
More about our data sources and methodologies.