by our College Data Analytics TeamMost students will not be asked to pay 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 Enid Beauty College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can Enid Beauty College offer, and what will you qualify for? Keep reading for more information. Keep reading to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Enid Beauty College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. 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 Enid Beauty College, 81% of entering full-time freshmen got some type of financial assistance (about 17 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $3,961 |
| Institutional grants & scholarships | 24% | $1,200 |
| Federal Pell grants | 71% | $3,756 |
| State/local grants | 5% | $5,000 |
| Federal student loans | 62% | $3,834 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 77% of the undergraduate population received grant aid that averaged $4,827 (across approximately 56 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $4,827 |
| Federal Pell grants | 71% | $4,700 |
| Federal student loans | 66% | $5,086 |
Title-IV recipients living on campus saw average grant aid of $3,587.
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 | $16,854 |
| Over $75,000 | $21,937 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $24,213 |
| Off-campus title-IV students | $17,316 |
For an estimate tailored to your family circumstances, see Enid Beauty College’s NPC: www.formationsinstitute.edu/net-price-calculator.
A typical borrower at Enid Beauty College leaves with $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Enid Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,000 |
| 75th percentile | $9,500 |
A handful of calculated indicators summarize the debt outlook at Enid Beauty College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Enid Beauty College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 374 |
| Total Stafford loan amount | $2,552,368 |
References
More about our data sources and methodologies.