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Montgomery Beauty School-Baltimore Beauty & Barber School Paying for Your Degree

100% Freshmen Get Financial Aid
$2,411 Average Grant & Scholarship
38% Undergrads Get Grant Aid

The majority 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 Montgomery Beauty School-Baltimore Beauty & Barber School can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financing solutions does Montgomery Beauty School-Baltimore Beauty & Barber School provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see just how much financial aid could be open to you.

Understanding Montgomery Beauty School-Baltimore Beauty & Barber School Financial Aid Information

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 Montgomery Beauty School-Baltimore Beauty & Barber School.

Average Freshman Financial Aid at Montgomery Beauty School-Baltimore Beauty & Barber School

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For freshmen starting at Montgomery Beauty School-Baltimore Beauty & Barber School, 100% of first-time, full-time freshmen received some form of financial aid approximately 186 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$2,367
Institutional grants & scholarships0%
Federal Pell grants85%$2,304
State/local grants11%$500
Federal student loans76%$2,877

Scholarship and Grant Awards at Montgomery Beauty School-Baltimore Beauty & Barber School

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Montgomery Beauty School-Baltimore Beauty & Barber School, roughly 38% of undergraduates were awarded an average grant or scholarship of $2,411 (among about 171 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)38%$2,411
Federal Pell grants38%$2,276
Federal student loans34%$2,840

Title-IV recipients living on campus saw average grant aid of $2,348.

What Families Pay by Income at Montgomery Beauty School-Baltimore Beauty & Barber School

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$18,787
$30,001 – $75,000$19,474

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

Average Net Price for Montgomery Beauty School-Baltimore Beauty & Barber School

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$19,047
Off-campus title-IV students$18,970

For a personalized estimate based on your family’s financial situation, use Montgomery Beauty School-Baltimore Beauty & Barber School’s NPC: www.https//montgomerybeautyschool.com.

How Much Students Borrow at Montgomery Beauty School-Baltimore Beauty & Barber School

Graduating students at Montgomery Beauty School-Baltimore Beauty & Barber School carry a median federal student debt of $7,667 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,667
Median federal debt (graduates only)$11,845
Typical 10-year monthly payment (graduates)$125.58/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Montgomery Beauty School-Baltimore Beauty & Barber School.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$2,980
75th percentile$7,500
90th percentile (highest-debt students)$11,500

Median Debt by Student Group at Montgomery Beauty School-Baltimore Beauty & Barber School

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

By Family Income

Income tierMedian federal debt
Low income$7,295

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,750
Continuing-generation students$6,333

By Dependency Status

CohortMedian federal debt
Dependent students$6,373
Independent students$9,500

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Montgomery Beauty School-Baltimore Beauty & Barber School.

Federal Loan Volume at Montgomery Beauty School-Baltimore Beauty & Barber School

Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Montgomery Beauty School-Baltimore Beauty & Barber School:

MetricValue
Stafford loan recipients1993
Total Stafford loan amount$15,536,657

References

More about our data sources and methodologies.

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