by our College Data Analytics TeamMost students will not be asked to pay 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 price of attendance at Butler Beauty Academy - Kittanning Beauty Academy can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Butler Beauty Academy - Kittanning Beauty Academy provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see how much school funding could be available 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 Butler Beauty Academy - Kittanning 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Butler Beauty Academy - Kittanning Beauty Academy, 38% of first-year full-time students received aid of some kind (about 8 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 29% | $5,929 |
| Institutional grants & scholarships | 5% | $1,000 |
| Federal Pell grants | 19% | $6,448 |
| State/local grants | 10% | $4,390 |
| Federal student loans | 19% | $5,114 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 21% of the undergraduate population received grant aid that averaged $4,899 (among about 9 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 21% | $4,899 |
| Federal Pell grants | 14% | $5,068 |
| Federal student loans | 14% | $4,770 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,698.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,909 |
| $30,001 – $75,000 | $11,417 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,417 |
| Off-campus title-IV students | $8,909 |
To project your own net price, use Butler Beauty Academy - Kittanning Beauty Academy’s net price tool: beautyacademies.net/wp-content/uploads/2024/03/NetPriceCalc.html.
A typical borrower at Butler Beauty Academy - Kittanning Beauty Academy leaves with $7,481 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,481 |
| Median federal debt (graduates only) | $7,500 |
| Typical 10-year monthly payment (graduates) | $79.51/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Butler Beauty Academy - Kittanning Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,725 |
| 25th percentile | $4,025 |
| 75th percentile | $8,028 |
| 90th percentile (highest-debt students) | $11,590 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Butler Beauty Academy - Kittanning Beauty Academy.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Butler Beauty Academy - Kittanning Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1073 |
| Total Stafford loan amount | $8,256,405 |
References
More about our data sources and methodologies.