by our College Data Analytics TeamA lot 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 cost of going to Boca Beauty Academy can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Boca Beauty Academy provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Boca Beauty Academy.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Boca Beauty Academy, 99% of entering full-time freshmen got some type of financial assistance (about 214 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $3,171 |
| Institutional grants & scholarships | 40% | $933 |
| Federal Pell grants | 83% | $2,722 |
| State/local grants | 0% | — |
| Federal student loans | 66% | $4,158 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 90% of the undergraduate population received grant aid that averaged $2,748 (covering around 324 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $2,748 |
| Federal Pell grants | 67% | $3,316 |
| Federal student loans | 57% | $4,392 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,466.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,509 |
| $30,001 – $75,000 | $23,443 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $22,643 |
| Off-campus title-IV students | $21,509 |
For a personalized estimate based on your family’s financial situation, use Boca Beauty Academy’s official net price calculator: bocabeautyacademy.edu/documents/npc/index.html.
Graduating students at Boca Beauty Academy carry a median federal student debt of $5,848 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,848 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Boca Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,294 |
| 25th percentile | $3,666 |
| 75th percentile | $6,861 |
| 90th percentile (highest-debt students) | $10,936 |
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 | $5,821 |
| Middle income | $5,500 |
| High income | $6,861 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,820 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,972 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Boca Beauty Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Boca Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2131 |
| Total Stafford loan amount | $12,478,397 |
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.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $129,404 |
| Average GI Bill amount per recipient | $14,378 |
References
More about our data sources and methodologies.