Most 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 price tag of going to Cannella School of Hair Design, Chicago (South Archer Ave) can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Cannella School of Hair Design, Chicago offer you, and what will you qualify for? Keep reading for more information. Read on to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Cannella School of Hair Design, Chicago (South Archer Ave).
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Cannella School of Hair Design, Chicago (South Archer Ave), 100% of the incoming full-time class was awarded financial aid roughly 23 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,437 |
| Institutional grants & scholarships | 43% | $1,400 |
| Federal Pell grants | 100% | $3,829 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $3,464 |
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, roughly 72% of undergraduates were awarded grant or scholarship aid averaging $4,437 (across roughly 68 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,437 |
| Federal Pell grants | 72% | $3,829 |
| Federal student loans | 53% | $3,464 |
Title-IV recipients living on campus saw average grant aid of $3,829.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,095 |
| $30,001 – $75,000 | $12,595 |
| Over $75,000 | $14,079 |
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 | $12,419 |
| Off-campus title-IV students | $12,490 |
For a customized cost estimate, visit Cannella School of Hair Design, Chicago’s net price calculator: cannellaschool.com/disclosures/.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Cannella School of Hair Design, Chicago.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Cannella School of Hair Design, Chicago:
| Metric | Value |
|---|---|
| Stafford loan recipients | 61 |
| Total Stafford loan amount | $294,397 |
References
More about our data sources and methodologies.