by our College Data Analytics TeamMost 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 price tag of going to Michigan Barber School Inc can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Michigan Barber School Inc provide, and just what are you going to be eligible for? Keep reading for answers. Read on to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Michigan Barber School Inc.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Michigan Barber School Inc, 95% of first-time, full-time freshmen received some form of financial aid some 19 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $7,158 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 95% | $7,158 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, approximately 73% of undergrads got grants or scholarships worth on average $6,652 (for some 130 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,652 |
| Federal Pell grants | 73% | $6,652 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $7,158.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,693 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $7,558 |
| Off-campus title-IV students | $6,693 |
For an estimate tailored to your family circumstances, see Michigan Barber School Inc’s NPC: michiganbarberschool.org/.
A handful of calculated indicators summarize the debt outlook at Michigan Barber School Inc.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Michigan Barber School Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 34 |
| Total Stafford loan amount | $195,855 |
References
More about our data sources and methodologies.