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 total cost of going to Alabama School of Nail Technology & Cosmetology can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does Alabama School of Nail Technology & Cosmetology offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to learn how much school funding will 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 Alabama School of Nail Technology & Cosmetology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Alabama School of Nail Technology & Cosmetology, 60% of new full-time first-years were awarded at least some aid around 35 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $4,111 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 60% | $4,111 |
| State/local grants | 0% | — |
| Federal student loans | 24% | $6,381 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Alabama School of Nail Technology & Cosmetology, approximately 31% of undergraduate students received gift aid averaging $4,737 (for some 52 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $4,737 |
| Federal Pell grants | 31% | $4,737 |
| Federal student loans | 33% | $6,777 |
For students living on campus and receiving title-IV aid, grants averaged $4,111.
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 | $18,819 |
| $30,001 – $75,000 | $18,530 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $21,996 |
| Off-campus title-IV students | $20,585 |
For an estimate tailored to your family circumstances, see Alabama School of Nail Technology & Cosmetology’s net price tool: www.asntc.edu/net-price-calculator.
The middle student in the debt distribution at Alabama School of Nail Technology & Cosmetology owes $16,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,500 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,830 |
| Independent students | $16,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Alabama School of Nail Technology & Cosmetology.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Alabama School of Nail Technology & Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 135 |
| Total Stafford loan amount | $1,558,595 |
References
More about our data sources and methodologies.