by our College Data Analytics TeamA lot of students are not billed 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 total cost of going to Luckes Beauty Academy can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does Luckes Beauty Academy provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Luckes Beauty Academy.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
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 this school, some 72% of undergraduates were awarded grant or scholarship aid averaging $5,848 (across roughly 21 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,848 |
| Federal Pell grants | 72% | $5,848 |
| Federal student loans | 72% | $6,723 |
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,361 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The median student at Luckes Beauty Academy graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Luckes Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $14,250 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Luckes Beauty Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Luckes Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 195 |
| Total Stafford loan amount | $1,702,933 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $32,661 |
| Average GI Bill amount per recipient | $8,165 |
References
More about our data sources and methodologies.