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Milan Institute of Cosmetology-San Antonio Military Financial Aid Details

73% Freshmen Get Financial Aid
$3,691 Average Grant & Scholarship
70% Undergrads Get Grant Aid

Most students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Milan Institute of Cosmetology-San Antonio Military can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financing solutions does Milan Institute of Cosmetology-San Antonio Military provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to find out what amount of financial assistance will be accessible to you.

Understanding Milan Institute of Cosmetology-San Antonio Military Financial Aid Info

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 Milan Institute of Cosmetology-San Antonio Military.

Typical First Year Financial Aid at Milan Institute of Cosmetology-San Antonio Military

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

Looking at the entering class at Milan Institute of Cosmetology-San Antonio Military, 73% of entering full-time freshmen got some type of financial assistance (about 254 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$3,705
Institutional grants & scholarships0%
Federal Pell grants70%$3,705
State/local grants0%
Federal student loans63%$4,964

Undergraduate Grant Aid at Milan Institute of Cosmetology-San Antonio Military

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 70% of undergraduates were awarded grant or scholarship aid averaging $3,691 (for some 270 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$3,691
Federal Pell grants70%$3,691
Federal student loans61%$4,859

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,459.

Aid by Income Level at Milan Institute of Cosmetology-San Antonio Military

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$19,435
$30,001 – $75,000$20,161
Over $75,000$22,657

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Milan Institute of Cosmetology-San Antonio Military

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.

CohortAverage Net Price
On-campus title-IV students$17,941
Off-campus title-IV students$19,569

To get a personalized net price estimate, try Milan Institute of Cosmetology-San Antonio Military’s official net price calculator: solutions.campusivy.com/Apps/NPC/NPCWizard/Wizard?institutionId=12600.

What Students Owe at Milan Institute of Cosmetology-San Antonio Military

The median federal debt load at Milan Institute of Cosmetology-San Antonio Military comes to $6,070 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$6,070
Median federal debt (graduates only)$6,333
Typical 10-year monthly payment (graduates)$67.14/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Debt Spread by Percentile

A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Milan Institute of Cosmetology-San Antonio Military.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,872
25th percentile$4,750
75th percentile$10,555
90th percentile (highest-debt students)$16,500

Student Debt by Cohort at Milan Institute of Cosmetology-San Antonio Military

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$6,222
Middle income$6,078
High income$4,584

First-Generation Comparison

CohortMedian federal debt
First-generation students$6,078
Continuing-generation students$5,768

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$4,584
Independent students$6,333

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Milan Institute of Cosmetology-San Antonio Military.

Federal Student Loans at Milan Institute of Cosmetology-San Antonio Military

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Milan Institute of Cosmetology-San Antonio Military:

MetricValue
Stafford loan recipients13679
Total Stafford loan amount$147,554,631

References

More about our data sources and methodologies.

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