by our College Data Analytics TeamMany 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 sum total of attendance at Long Island Beauty School-Hauppauge can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Long Island Beauty School-Hauppauge offer, and what will you qualify for? Read on for more information. Scroll down to discover how much school funding could be available 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 Long Island Beauty School-Hauppauge.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Long Island Beauty School-Hauppauge, 89% of new full-time first-years were awarded at least some aid approximately 8 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $7,437 |
| Institutional grants & scholarships | 67% | $50 |
| Federal Pell grants | 67% | $7,237 |
| State/local grants | 0% | — |
| Federal student loans | 56% | $5,492 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 25% of undergraduate students received gift aid averaging $6,467 (across roughly 90 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $6,467 |
| Federal Pell grants | 22% | $5,916 |
| Federal student loans | 24% | $6,501 |
For on-campus title-IV students, average grant aid came to $6,374.
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 | $23,106 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $22,689 |
| Off-campus title-IV students | $23,106 |
For a customized cost estimate, visit Long Island Beauty School-Hauppauge’s NPC: www.libs.edu/netpricecalculator/Hauppauge2015/npcalc.htm.
A typical borrower at Long Island Beauty School-Hauppauge leaves with $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $5,500 |
| Typical 10-year monthly payment (graduates) | $58.31/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Long Island Beauty School-Hauppauge.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,586 |
| 25th percentile | $5,464 |
| 75th percentile | $8,400 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,485 |
The figure below distills the debt data into a single burden category for Long Island Beauty School-Hauppauge.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Long Island Beauty School-Hauppauge:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2769 |
| Total Stafford loan amount | $17,675,445 |
References
More about our data sources and methodologies.