by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Networks Barber College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Networks Barber College provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Networks Barber College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Networks Barber College, 100% of first-year full-time students received aid of some kind some 69 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,282 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $6,282 |
| State/local grants | 0% | — |
| Federal student loans | 72% | $7,677 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Networks Barber College, around 71% of undergrads got grants or scholarships worth on average $6,282 (covering around 55 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $6,282 |
| Federal Pell grants | 71% | $6,282 |
| Federal student loans | 65% | $7,677 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,282.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,342 |
| $30,001 – $75,000 | $17,736 |
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 | $14,810 |
| Off-campus title-IV students | $17,567 |
To project your own net price, use Networks Barber College’s net price tool: www.networksbarbercollege.com/consumer-information/.
The median student at Networks Barber College graduates with $15,900 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,900 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Networks Barber College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,500 |
| 75th percentile | $8,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Networks Barber College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Networks Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 229 |
| Total Stafford loan amount | $2,033,350 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.