by our College Data Analytics TeamA lot of students are not billed 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 price tag of going to Baltimore Beauty & Barber School II can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does Baltimore Beauty & Barber School II offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Baltimore Beauty & Barber School II.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Baltimore Beauty & Barber School II, 100% of new full-time first-years were awarded at least some aid some 47 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $1,757 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $1,757 |
| State/local grants | 0% | — |
| Federal student loans | 74% | $1,924 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Baltimore Beauty & Barber School II, around 44% of undergraduates were awarded an average grant or scholarship of $1,692 (across roughly 49 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $1,692 |
| Federal Pell grants | 44% | $1,591 |
| Federal student loans | 54% | $1,497 |
On-campus students receiving title-IV aid were awarded grants averaging $1,757.
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 | $19,864 |
| Off-campus title-IV students | $20,441 |
For a customized cost estimate, visit Baltimore Beauty & Barber School II’s NPC: hairacademymd.co/misc/netprice/BBBS2/index.html.
A typical borrower at Baltimore Beauty & Barber School II leaves with $7,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,500 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Baltimore Beauty & Barber School II.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,942 |
| 25th percentile | $3,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,166 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,309 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Baltimore Beauty & Barber School II.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Baltimore Beauty & Barber School II:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2386 |
| Total Stafford loan amount | $20,083,121 |
References
More about our data sources and methodologies.