by our College Data Analytics TeamA lot of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at American Institute of Beauty can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will American Institute of Beauty offer, and what will you qualify for? Read on for more information. Keep going to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from American Institute of Beauty.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at American Institute of Beauty, 77% of new full-time first-years were awarded at least some aid some 117 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,843 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $5,843 |
| State/local grants | 0% | — |
| Federal student loans | 74% | $6,813 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At American Institute of Beauty, some 73% of undergraduate students received gift aid averaging $5,713 (among about 409 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $5,713 |
| Federal Pell grants | 73% | $5,713 |
| Federal student loans | 76% | $6,924 |
For students living on campus and receiving title-IV aid, grants averaged $3,343.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,147 |
| $30,001 – $75,000 | $13,095 |
| Over $75,000 | $14,608 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,370 |
| Off-campus title-IV students | $10,713 |
For an estimate tailored to your family circumstances, see American Institute of Beauty’s official net price calculator: www.aibschool.edu/netpricecalculator/netpricecalculator.html.
A typical borrower at American Institute of Beauty leaves with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at American Institute of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $4,750 |
| High income | $4,400 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $4,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,400 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. American Institute of Beauty.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at American Institute of Beauty:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2629 |
| Total Stafford loan amount | $21,788,663 |
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 | 14 |
| Total GI Bill amount | $118,873 |
| Average GI Bill amount per recipient | $8,491 |
References
More about our data sources and methodologies.