by our College Data Analytics TeamA large number of students will never be charged 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 Metro Beauty Academy can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Metro Beauty Academy offer, and what will you qualify for? Read on for more information. Read on to discover what amount of financial assistance could be accessible 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 Metro Beauty Academy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Metro Beauty Academy, 100% of new full-time first-years were awarded at least some aid approximately 45 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $5,313 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 69% | $5,313 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $8,863 |
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, approximately 16% of undergraduates were awarded grant or scholarship aid averaging $5,129 (for some 41 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 16% | $5,129 |
| Federal Pell grants | 16% | $5,129 |
| Federal student loans | 23% | $5,596 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,660.
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 | $18,036 |
| $30,001 – $75,000 | $18,444 |
| Over $75,000 | $22,157 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,756 |
| Off-campus title-IV students | $19,716 |
For an estimate tailored to your family circumstances, see Metro Beauty Academy’s online cost calculator: www.metrobeautyacademy.edu/net-price-calculator/.
A typical borrower at Metro Beauty Academy leaves with $8,028 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,028 |
| Median federal debt (graduates only) | $8,028 |
| Typical 10-year monthly payment (graduates) | $85.11/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Metro Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,278 |
| 25th percentile | $7,389 |
| 75th percentile | $13,583 |
| 90th percentile (highest-debt students) | $13,583 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,542 |
| Middle income | $8,028 |
| High income | $8,028 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $8,028 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $13,583 |
The figure below distills the debt data into a single burden category for Metro Beauty Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Metro Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1193 |
| Total Stafford loan amount | $11,094,797 |
References
More about our data sources and methodologies.