by our College Data Analytics TeamMost students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Diamonds Cosmetology College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Diamonds Cosmetology College provide, and just what are you going to be eligible for? Read on for answers. Keep going to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Diamonds Cosmetology College.
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.
Among first-time, full-time freshmen at Diamonds Cosmetology College, 89% of entering full-time freshmen got some type of financial assistance approximately 47 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $4,312 |
| Institutional grants & scholarships | 13% | $786 |
| Federal Pell grants | 77% | $4,493 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $6,268 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Diamonds Cosmetology College, some 76% of undergrads got grants or scholarships worth on average $4,273 (among about 57 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $4,273 |
| Federal Pell grants | 69% | $4,328 |
| Federal student loans | 60% | $5,872 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,897.
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 | $20,905 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $20,564 |
| Off-campus title-IV students | $20,905 |
For an estimate tailored to your family circumstances, see Diamonds Cosmetology College’s official net price calculator: www.diamondscollege.com/net-price-calculator.
The median student at Diamonds Cosmetology College graduates with $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,000 |
| Typical 10-year monthly payment (graduates) | $84.81/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Diamonds Cosmetology College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,500 |
| 75th percentile | $13,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Diamonds Cosmetology College.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Diamonds Cosmetology College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 395 |
| Total Stafford loan amount | $3,517,929 |
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 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,500 |
| Average DoD amount per recipient | $1,500 |
References
More about our data sources and methodologies.