by our College Data Analytics TeamThe majority of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Bull City Durham Beauty and Barber College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Bull City Durham Beauty and Barber College provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn just how much financial aid will be open 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 Bull City Durham Beauty and Barber College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 Bull City Durham Beauty and Barber College, 100% of entering full-time freshmen got some type of financial assistance approximately 10 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,479 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,479 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $8,988 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Bull City Durham Beauty and Barber College, around 70% of undergraduate students received gift aid averaging $6,257 (among about 40 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $6,257 |
| Federal Pell grants | 70% | $6,257 |
| Federal student loans | 72% | $7,904 |
On-campus students receiving title-IV aid were awarded grants averaging $4,479.
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 | $11,417 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $11,819 |
| Off-campus title-IV students | $11,417 |
To get a personalized net price estimate, try Bull City Durham Beauty and Barber College’s NPC: www.tomorrowsimage.com/.
A typical borrower at Bull City Durham Beauty and Barber College leaves with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $12,179 |
| Typical 10-year monthly payment (graduates) | $129.12/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Bull City Durham Beauty and Barber College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Bull City Durham Beauty and Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 303 |
| Total Stafford loan amount | $3,411,288 |
References
More about our data sources and methodologies.