by our College Data Analytics TeamA lot of students will not be asked to pay 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 price tag of going to Arthur’s Beauty College - Jonesboro can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Arthur’s Beauty College - Jonesboro offer you, and what will you qualify for? Keep reading for more information. Read on to see 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. The figures below will help you estimate the aid you might receive from Arthur’s Beauty College - Jonesboro.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Arthur’s Beauty College - Jonesboro, 81% of entering full-time freshmen got some type of financial assistance some 29 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $4,946 |
| Institutional grants & scholarships | 11% | $2,000 |
| Federal Pell grants | 81% | $4,555 |
| State/local grants | 3% | $3,360 |
| Federal student loans | 69% | $6,829 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Arthur’s Beauty College - Jonesboro, roughly 72% of undergraduates were awarded an average grant or scholarship of $5,220 (among about 75 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,220 |
| Federal Pell grants | 72% | $4,882 |
| Federal student loans | 66% | $6,327 |
On-campus students receiving title-IV aid were awarded grants averaging $4,946.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,905 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $22,187 |
| Off-campus title-IV students | $12,905 |
To project your own net price, use Arthur’s Beauty College - Jonesboro’s net price calculator: www.arthursbeautycollege.com/jonesboro.html.
The median student at Arthur’s Beauty College - Jonesboro graduates with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Arthur’s Beauty College - Jonesboro.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,231 |
| 90th percentile (highest-debt students) | $16,487 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,300 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Arthur’s Beauty College - Jonesboro.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Arthur’s Beauty College - Jonesboro:
| Metric | Value |
|---|---|
| Stafford loan recipients | 687 |
| Total Stafford loan amount | $5,933,170 |
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 | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.