by our College Data Analytics TeamMost 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 Creative Images Institute of Cosmetology, South Dayton can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Creative Images Institute of Cosmetology, South Dayton offer, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Creative Images Institute of Cosmetology, South Dayton.
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.
Looking at the entering class at Creative Images Institute of Cosmetology, South Dayton, 46% of entering full-time freshmen got some type of financial assistance roughly 27 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $5,371 |
| Institutional grants & scholarships | 5% | $1,596 |
| Federal Pell grants | 29% | $5,945 |
| State/local grants | 2% | $1,566 |
| Federal student loans | 37% | $4,928 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 38% of undergraduates were awarded grant or scholarship aid averaging $4,663 (among about 44 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $4,663 |
| Federal Pell grants | 34% | $4,969 |
| Federal student loans | 43% | $4,585 |
Title-IV recipients living on campus saw average grant aid of $4,481.
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 | $9,610 |
| $30,001 – $75,000 | $15,191 |
| Over $75,000 | $13,382 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,397 |
| Off-campus title-IV students | $11,797 |
For a personalized estimate based on your family’s financial situation, use Creative Images Institute of Cosmetology, South Dayton’s net price calculator: www.creativeimages.edu/high-school-students/net-price-calculator/.
The middle student in the debt distribution at Creative Images Institute of Cosmetology, South Dayton owes $9,149 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,149 |
| Median federal debt (graduates only) | $9,731 |
| Typical 10-year monthly payment (graduates) | $103.16/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Creative Images Institute of Cosmetology, South Dayton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $10,309 |
| 90th percentile (highest-debt students) | $14,621 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,109 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,823 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,918 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Creative Images Institute of Cosmetology, South Dayton.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Creative Images Institute of Cosmetology, South Dayton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2444 |
| Total Stafford loan amount | $22,149,841 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
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.