by our College Data Analytics TeamThe majority of 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 total price of attendance at Design’s School of Cosmetology can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Design’s School of Cosmetology offer you, and what will you qualify for? Keep scrolling for more information. Read on to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Design’s School of Cosmetology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Design’s School of Cosmetology, 81% of entering full-time freshmen got some type of financial assistance some 30 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,962 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 57% | $4,181 |
| State/local grants | 5% | $9,432 |
| Federal student loans | 62% | $4,090 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Design’s School of Cosmetology, about 62% of undergrads got grants or scholarships worth on average $3,898 (among about 112 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $3,898 |
| Federal Pell grants | 60% | $3,802 |
| Federal student loans | 51% | $4,281 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,021.
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 | $16,586 |
| $30,001 – $75,000 | $18,162 |
| Over $75,000 | $21,158 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $18,320 |
| Off-campus title-IV students | $17,968 |
To get a personalized net price estimate, try Design’s School of Cosmetology’s NPC: designsschool.edu/net_price/npcalc.htm.
The middle student in the debt distribution at Design’s School of Cosmetology owes $6,333 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Design’s School of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,666 |
| 75th percentile | $8,900 |
| 90th percentile (highest-debt students) | $10,556 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,328 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Design’s School of Cosmetology.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Design’s School of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 941 |
| Total Stafford loan amount | $6,109,269 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $10,932 |
| Average GI Bill amount per recipient | $10,932 |
References
More about our data sources and methodologies.