A large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at French Academy of Cosmetology can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will French Academy of Cosmetology offer you, and what will you qualify for? Read on for more information. Keep going to discover what amount of financial assistance could be accessible 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 French Academy of Cosmetology.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At French Academy of Cosmetology, 38% of first-year full-time students received aid of some kind around 8 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 10% | $5,795 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 10% | $5,795 |
| State/local grants | 0% | — |
| Federal student loans | 38% | $4,917 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At French Academy of Cosmetology, about 29% of undergrads got grants or scholarships worth on average $6,473 (among about 28 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 29% | $6,473 |
| Federal Pell grants | 29% | $6,473 |
| Federal student loans | 42% | $5,993 |
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 | $8,284 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,806 |
| Off-campus title-IV students | $10,254 |
For an estimate tailored to your family circumstances, see French Academy of Cosmetology’s net price calculator: www.frenchacademyofcosmetology.com/tuition-calculator.
The middle student in the debt distribution at French Academy of Cosmetology owes $4,223 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,223 |
| Median federal debt (graduates only) | $4,223 |
| Typical 10-year monthly payment (graduates) | $44.77/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at French Academy of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,125 |
| 75th percentile | $8,112 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,223 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,208 |
| Independent students | $4,223 |
These indicators are derived from the underlying debt data and summarize the overall picture at French Academy of Cosmetology.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at French Academy of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 406 |
| Total Stafford loan amount | $2,661,772 |
References
More about our data sources and methodologies.