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 sum total of attendance at Durant Institute of Hair Design can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Durant Institute of Hair Design deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Durant Institute of Hair Design.
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.
Looking at the entering class at Durant Institute of Hair Design, 100% of first-time, full-time freshmen received some form of financial aid roughly 25 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $6,500 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 60% | $6,500 |
| State/local grants | 0% | — |
| Federal student loans | 88% | $8,600 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Durant Institute of Hair Design, around 23% of undergraduates were awarded grant or scholarship aid averaging $6,500 (across approximately 15 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 23% | $6,500 |
| Federal Pell grants | 23% | $6,500 |
| Federal student loans | 34% | $8,600 |
On-campus students receiving title-IV aid were awarded grants averaging $6,250.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,709 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $15,413 |
| Off-campus title-IV students | $16,663 |
For a personalized estimate based on your family’s financial situation, use Durant Institute of Hair Design’s net price tool: nces.ed.gov/ipeds/netpricecalculator.
The median student at Durant Institute of Hair Design graduates with $6,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
The figure below distills the debt data into a single burden category for Durant Institute of Hair Design.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Durant Institute of Hair Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 53 |
| Total Stafford loan amount | $359,955 |
References
More about our data sources and methodologies.