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Kenneth Shuler School of Cosmetology-Spartanburg Financial Aid and Scholarship Details

84% Freshmen Get Financial Aid
$4,691 Average Grant & Scholarship
70% Undergrads Get Grant Aid

A large number of 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 price tag of going to Kenneth Shuler School of Cosmetology-Spartanburg can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

Just what financial aid solutions can Kenneth Shuler School of Cosmetology-Spartanburg deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see just how much financial aid could be open to you.

Why You Should Understand Kenneth Shuler School of Cosmetology-Spartanburg Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Kenneth Shuler School of Cosmetology-Spartanburg.

Typical First Year Financial Aid at Kenneth Shuler School of Cosmetology-Spartanburg

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.

Looking at the entering class at Kenneth Shuler School of Cosmetology-Spartanburg, 84% of new full-time first-years were awarded at least some aid around 57 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$4,972
Institutional grants & scholarships26%$763
Federal Pell grants63%$5,578
State/local grants0%
Federal student loans74%$6,074

Scholarships and Grants at Kenneth Shuler School of Cosmetology-Spartanburg

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 70% of undergraduates were awarded grant or scholarship aid averaging $4,691 (across roughly 189 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$4,691
Federal Pell grants66%$4,862
Federal student loans61%$6,131

For on-campus title-IV students, average grant aid came to $3,893.

What Families Pay by Income at Kenneth Shuler School of Cosmetology-Spartanburg

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$13,600
$30,001 – $75,000$14,552

Remember these are net prices — what families pay after gift aid, not before.

What Students Actually Pay at Kenneth Shuler School of Cosmetology-Spartanburg

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.

CohortAverage Net Price
On-campus title-IV students$13,919
Off-campus title-IV students$14,083

To get a personalized net price estimate, try Kenneth Shuler School of Cosmetology-Spartanburg’s net price calculator: kennethshuler.com/wp-content/uploads/2024/05/NPC-SPT-22_23.html.

How Much Students Borrow at Kenneth Shuler School of Cosmetology-Spartanburg

Graduating students at Kenneth Shuler School of Cosmetology-Spartanburg carry a median federal student debt of $5,775 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$5,775
Median federal debt (graduates only)$5,858
Typical 10-year monthly payment (graduates)$62.1/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Kenneth Shuler School of Cosmetology-Spartanburg.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,756
25th percentile$4,750
75th percentile$9,916
90th percentile (highest-debt students)$13,992

Debt by Student Cohort at Kenneth Shuler School of Cosmetology-Spartanburg

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$5,825
Middle income$5,724
High income$4,750

First-Generation Comparison

CohortMedian federal debt
First-generation students$5,775
Continuing-generation students$5,825

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,250
Independent students$5,825

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Kenneth Shuler School of Cosmetology-Spartanburg.

Federal Stafford Lending at Kenneth Shuler School of Cosmetology-Spartanburg

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Kenneth Shuler School of Cosmetology-Spartanburg:

MetricValue
Stafford loan recipients4902
Total Stafford loan amount$39,286,153

Veterans Benefits at Kenneth Shuler School of Cosmetology-Spartanburg

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

MetricValue
GI Bill recipients2
Total GI Bill amount$20,156
Average GI Bill amount per recipient$10,078

References

More about our data sources and methodologies.

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