by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Academy of Hair Design - Springfield can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Academy of Hair Design - Springfield deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to discover how much school funding could be available 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 Academy of Hair Design - Springfield.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Academy of Hair Design - Springfield, 89% of first-year full-time students received aid of some kind (about 204 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,415 |
| Institutional grants & scholarships | 5% | $750 |
| Federal Pell grants | 77% | $5,364 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $6,318 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Academy of Hair Design - Springfield, about 65% of undergrads got grants or scholarships worth on average $4,421 (among about 276 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,421 |
| Federal Pell grants | 61% | $4,614 |
| Federal student loans | 71% | $6,179 |
For students living on campus and receiving title-IV aid, grants averaged $4,835.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,994 |
| $30,001 – $75,000 | $15,679 |
| Over $75,000 | $21,380 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,904 |
| Off-campus title-IV students | $17,080 |
For an estimate tailored to your family circumstances, see Academy of Hair Design - Springfield’s net price tool: aohd.edu/net-price-calculator/.
The median student at Academy of Hair Design - Springfield graduates with $7,917 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/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. Use the percentiles below to see the debt range at Academy of Hair Design - Springfield.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,917 |
| 25th percentile | $4,750 |
| 75th percentile | $10,000 |
| 90th percentile (highest-debt students) | $16,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
| Middle income | $7,917 |
| High income | $7,125 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $7,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Academy of Hair Design - Springfield.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Academy of Hair Design - Springfield:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1658 |
| Total Stafford loan amount | $14,278,946 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $108,526 |
| Average GI Bill amount per recipient | $10,853 |
References
More about our data sources and methodologies.