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 sum total of attendance at Academy of Hair Design - Lufkin can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Academy of Hair Design - Lufkin offer, and what will you qualify for? Keep reading for more information. Read on to discover how much school funding could be available 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 Academy of Hair Design - Lufkin.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Academy of Hair Design - Lufkin, 100% of first-time, full-time freshmen received some form of financial aid approximately 53 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,036 |
| Institutional grants & scholarships | 2% | $2,525 |
| Federal Pell grants | 100% | $5,788 |
| State/local grants | 2% | $5,775 |
| Federal student loans | 94% | $5,775 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 100% of undergraduates were awarded grant or scholarship aid averaging $6,427 (covering around 109 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,427 |
| Federal Pell grants | 61% | $5,815 |
| Federal student loans | 51% | $7,211 |
For on-campus title-IV students, average grant aid came to $5,795.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,967 |
| $30,001 – $75,000 | $12,546 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $12,076 |
| Off-campus title-IV students | $11,990 |
For a personalized estimate based on your family’s financial situation, use Academy of Hair Design - Lufkin’s net price tool: www.lufkinhairdesign.com/net-price-calculator.html.
The median student at Academy of Hair Design - Lufkin graduates with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,125 |
| Typical 10-year monthly payment (graduates) | $117.94/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Academy of Hair Design - Lufkin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $16,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Academy of Hair Design - Lufkin.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Academy of Hair Design - Lufkin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 714 |
| Total Stafford loan amount | $6,976,481 |
References
More about our data sources and methodologies.