by our College Data Analytics TeamMost 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 total cost of going to American Beauty College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financing options does American Beauty College offer you, and what will you qualify for? Keep scrolling for more information. Read on to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at American Beauty College.
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.
Looking at the entering class at American Beauty College, 76% of new full-time first-years were awarded at least some aid some 67 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $6,236 |
| Institutional grants & scholarships | 5% | $4,584 |
| Federal Pell grants | 66% | $6,011 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $5,928 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At American Beauty College, roughly 79% of undergraduate students received gift aid averaging $5,046 (among about 382 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,046 |
| Federal Pell grants | 69% | $4,354 |
| Federal student loans | 59% | $5,708 |
On-campus students receiving title-IV aid were awarded grants averaging $5,256.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,948 |
| $30,001 – $75,000 | $24,739 |
| Over $75,000 | $30,034 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $25,781 |
| Off-campus title-IV students | $24,076 |
To project your own net price, use American Beauty College’s official net price calculator: americanbeautycollege.edu/cosmetology-scholarships/.
The median federal debt load at American Beauty College comes to $4,923 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,923 |
| Median federal debt (graduates only) | $5,430 |
| Typical 10-year monthly payment (graduates) | $57.57/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at American Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $7,000 |
| 90th percentile (highest-debt students) | $9,736 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,194 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,056 |
| Independent students | $4,344 |
The figure below distills the debt data into a single burden category for American Beauty College.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at American Beauty College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 620 |
| Total Stafford loan amount | $3,204,591 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $16,125 |
| Average GI Bill amount per recipient | $16,125 |
References
More about our data sources and methodologies.