A large number of students will not be asked to pay 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 price of attendance at Berea Beauty Academy can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Berea Beauty Academy deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Berea Beauty Academy.
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.
Among first-time, full-time freshmen at Berea Beauty Academy, 33% of new full-time first-years were awarded at least some aid (about 4 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $4,416 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 33% | $4,416 |
| State/local grants | 0% | — |
| Federal student loans | 17% | $3,834 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Berea Beauty Academy, roughly 27% of undergraduates were awarded grant or scholarship aid averaging $4,899 (across approximately 13 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 27% | $4,899 |
| Federal Pell grants | 27% | $4,899 |
| Federal student loans | 8% | $3,092 |
For on-campus title-IV students, average grant aid came to $3,423.
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 | $7,437 |
For an estimate tailored to your family circumstances, see Berea Beauty Academy’s net price tool: bereabeautyacademy.net/net-price-calculator.
A handful of calculated indicators summarize the debt outlook at Berea Beauty Academy.
References
More about our data sources and methodologies.