by our College Data Analytics TeamMany students will not be asked to pay 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 price tag of going to Lindsey Institute of Cosmetology can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Lindsey Institute of Cosmetology offer you, and what will you qualify for? Read on for more information. Scroll down to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Lindsey Institute of Cosmetology.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Lindsey Institute of Cosmetology, 37% of entering full-time freshmen got some type of financial assistance some 16 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 23% | $4,846 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 23% | $4,846 |
| State/local grants | 0% | — |
| Federal student loans | 33% | $5,952 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 16% of undergrads got grants or scholarships worth on average $5,965 (among about 15 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 16% | $5,965 |
| Federal Pell grants | 16% | $5,965 |
| Federal student loans | 28% | $6,141 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,029.
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 | $14,227 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $16,140 |
| Off-campus title-IV students | $14,227 |
For an estimate tailored to your family circumstances, see Lindsey Institute of Cosmetology’s official net price calculator: www.lindseyinstitute.com/net-price-calculator2173bfff.
A typical borrower at Lindsey Institute of Cosmetology leaves with $6,009 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,009 |
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Lindsey Institute of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $12,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Lindsey Institute of Cosmetology.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Lindsey Institute of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 326 |
| Total Stafford loan amount | $3,222,882 |
References
More about our data sources and methodologies.