by our College Data Analytics TeamMany students will not be asked to pay 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 total price of attendance at Creative Hair School of Cosmetology can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Creative Hair School of Cosmetology offer you, and what will you qualify for? Read on for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Creative Hair School of Cosmetology.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Creative Hair School of Cosmetology, 69% of entering full-time freshmen got some type of financial assistance roughly 11 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,905 |
| Institutional grants & scholarships | 6% | $2,500 |
| Federal Pell grants | 63% | $6,655 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $10,151 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Creative Hair School of Cosmetology, about 63% of the undergraduate population received grant aid that averaged $6,109 (covering around 48 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,109 |
| Federal Pell grants | 61% | $6,037 |
| Federal student loans | 59% | $11,389 |
For on-campus title-IV students, average grant aid came to $6,278.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,356 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,344 |
| Off-campus title-IV students | $13,356 |
To get a personalized net price estimate, try Creative Hair School of Cosmetology’s net price calculator: creativehairschool.com/federal-student-aid.
The middle student in the debt distribution at Creative Hair School of Cosmetology owes $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $15,406 |
| Typical 10-year monthly payment (graduates) | $163.33/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Creative Hair School of Cosmetology.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Creative Hair School of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 148 |
| Total Stafford loan amount | $1,218,356 |
References
More about our data sources and methodologies.