A 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 price tag of going to Cloyd’s Beauty School 1 Inc can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Cloyd’s Beauty School 1 Inc provide, and just what are you going to be eligible for? Read on for answers. Scroll down to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Cloyd’s Beauty School 1 Inc.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Cloyd’s Beauty School 1 Inc, 86% of new full-time first-years were awarded at least some aid (about 18 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $6,796 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 81% | $6,403 |
| State/local grants | 24% | $2,697 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 75% of undergraduate students received gift aid averaging $5,872 (across approximately 57 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,872 |
| Federal Pell grants | 71% | $5,781 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $6,796.
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 | $5,902 |
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 | $4,430 |
| Off-campus title-IV students | $5,902 |
For an estimate tailored to your family circumstances, see Cloyd’s Beauty School 1 Inc’s official net price calculator: cloydsbeautyschools.edu/NetPrice/npcalc.htm.
These indicators are derived from the underlying debt data and summarize the overall picture at Cloyd’s Beauty School 1 Inc.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Cloyd’s Beauty School 1 Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12 |
| Total Stafford loan amount | $91,995 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.