by our College Data Analytics TeamA large number of students will never be charged 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 price of attendance at Modern Hairstyling Institute-Arecibo can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Modern Hairstyling Institute-Arecibo deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Modern Hairstyling Institute-Arecibo.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Modern Hairstyling Institute-Arecibo, 100% of the incoming full-time class was awarded financial aid some 67 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,328 |
| Institutional grants & scholarships | 100% | $183 |
| Federal Pell grants | 100% | $7,395 |
| State/local grants | 100% | $250 |
| Federal student loans | 0% | — |
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, about 100% of the undergraduate population received grant aid that averaged $8,328 (for some 93 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,328 |
| Federal Pell grants | 96% | $7,395 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $8,156.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,951 |
| $30,001 – $75,000 | $7,511 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,161 |
| Off-campus title-IV students | $5,424 |
For an estimate tailored to your family circumstances, see Modern Hairstyling Institute-Arecibo’s official net price calculator: www.modern.edu/pricenetcalculator.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Modern Hairstyling Institute-Arecibo.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Modern Hairstyling Institute-Arecibo:
| Metric | Value |
|---|---|
| Stafford loan recipients | 27 |
| Total Stafford loan amount | $183,505 |
References
More about our data sources and methodologies.