by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Cameo Beauty Academy can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does Cameo Beauty Academy provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Cameo Beauty Academy.
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.
At Cameo Beauty Academy, 100% of first-time, full-time freshmen received some form of financial aid some 9 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,860 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $6,860 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $8,333 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Cameo Beauty Academy, some 67% of undergrads got grants or scholarships worth on average $5,556 (across approximately 80 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $5,556 |
| Federal Pell grants | 67% | $5,556 |
| Federal student loans | 54% | $7,078 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,059.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,916 |
| $30,001 – $75,000 | $13,870 |
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 | $12,924 |
| Off-campus title-IV students | $15,916 |
To get a personalized net price estimate, try Cameo Beauty Academy’s NPC: www.cameobeautyacademy.com/admission/net-price-calculator/.
Graduating students at Cameo Beauty Academy carry a median federal student debt of $6,764 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,764 |
| Median federal debt (graduates only) | $10,929 |
| Typical 10-year monthly payment (graduates) | $115.87/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Cameo Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,742 |
| 25th percentile | $4,750 |
| 75th percentile | $12,850 |
| 90th percentile (highest-debt students) | $16,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,372 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,173 |
| Independent students | $6,642 |
The figure below distills the debt data into a single burden category for Cameo Beauty Academy.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Cameo Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 978 |
| Total Stafford loan amount | $8,773,650 |
References
More about our data sources and methodologies.