by our College Data Analytics TeamA lot of students will never be charged 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 Coachella Valley Beauty College, Beaumont can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can CV Beauty College offer you, and what will you qualify for? Keep reading for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Coachella Valley Beauty College, Beaumont.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Coachella Valley Beauty College, Beaumont, 89% of first-year full-time students received aid of some kind around 51 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,339 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 82% | $6,104 |
| State/local grants | 5% | $3,682 |
| Federal student loans | 74% | $5,387 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At CV Beauty College, around 70% of undergraduate students received gift aid averaging $4,741 (across approximately 131 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,741 |
| Federal Pell grants | 70% | $4,651 |
| Federal student loans | 68% | $4,367 |
For students living on campus and receiving title-IV aid, grants averaged $4,361.
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 | $14,822 |
| $30,001 – $75,000 | $15,560 |
| Over $75,000 | $19,091 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,849 |
| Off-campus title-IV students | $15,776 |
To project your own net price, use CV Beauty College’s net price calculator: www.cvbeautycollege.com/Financial-Aid.
The median federal debt load at CV Beauty College comes to $2,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $2,333 |
| Median federal debt (graduates only) | $2,905 |
| Typical 10-year monthly payment (graduates) | $30.8/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at CV Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,338 |
| 25th percentile | $1,718 |
| 75th percentile | $3,790 |
| 90th percentile (highest-debt students) | $5,608 |
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 | $2,065 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,950 |
| Independent students | $1,750 |
A handful of calculated indicators summarize the debt outlook at CV Beauty College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at CV Beauty College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 595 |
| Total Stafford loan amount | $1,975,020 |
References
More about our data sources and methodologies.