by our College Data Analytics TeamMany students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Academy of Cosmetology and Esthetics NYC can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Academy of Cosmetology and Esthetics NYC provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Academy of Cosmetology and Esthetics NYC.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Academy of Cosmetology and Esthetics NYC, 43% of first-year full-time students received aid of some kind roughly 26 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $5,210 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 34% | $5,210 |
| State/local grants | 0% | — |
| Federal student loans | 36% | $7,432 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Academy of Cosmetology and Esthetics NYC, about 31% of undergraduate students received gift aid averaging $4,153 (for some 38 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $4,153 |
| Federal Pell grants | 31% | $4,153 |
| Federal student loans | 31% | $6,543 |
Title-IV recipients living on campus saw average grant aid of $4,436.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,024 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,336 |
| Off-campus title-IV students | $19,024 |
For a personalized estimate based on your family’s financial situation, use Academy of Cosmetology and Esthetics NYC’s official net price calculator: paulmitchell.edu/nyc/tuition-calculator.
The middle student in the debt distribution at Academy of Cosmetology and Esthetics NYC owes $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,614 |
| Typical 10-year monthly payment (graduates) | $80.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Academy of Cosmetology and Esthetics NYC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,534 |
The figure below distills the debt data into a single burden category for Academy of Cosmetology and Esthetics NYC.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Academy of Cosmetology and Esthetics NYC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 634 |
| Total Stafford loan amount | $4,459,200 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.