by our College Data Analytics TeamThe majority 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 sum total of attendance at Ohio State School of Cosmetology-Heath can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Ohio State School of Cosmetology-Heath offer you, and what will you qualify for? Read on for more information. Keep going to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Ohio State School of Cosmetology-Heath.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Ohio State School of Cosmetology-Heath, 90% of entering full-time freshmen got some type of financial assistance (about 65 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,753 |
| Institutional grants & scholarships | 56% | $2,495 |
| Federal Pell grants | 56% | $5,828 |
| State/local grants | 1% | $720 |
| Federal student loans | 64% | $4,000 |
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, some 56% of the undergraduate population received grant aid that averaged $5,251 (covering around 71 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,251 |
| Federal Pell grants | 36% | $5,765 |
| Federal student loans | 65% | $4,469 |
For students living on campus and receiving title-IV aid, grants averaged $5,720.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,928 |
| $30,001 – $75,000 | $15,376 |
| Over $75,000 | $14,313 |
Remember these are net prices — what families pay after gift aid, not before.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,971 |
| Off-campus title-IV students | $14,660 |
To project your own net price, use Ohio State School of Cosmetology-Heath’s official net price calculator: salonschools.ohiostate.edu/npcalc.htm.
The median federal debt load at Ohio State School of Cosmetology-Heath comes to $5,831 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,831 |
| Median federal debt (graduates only) | $9,900 |
| Typical 10-year monthly payment (graduates) | $104.96/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Ohio State School of Cosmetology-Heath.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $10,935 |
| 90th percentile (highest-debt students) | $13,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,400 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,366 |
These indicators are derived from the underlying debt data and summarize the overall picture at Ohio State School of Cosmetology-Heath.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Ohio State School of Cosmetology-Heath:
| Metric | Value |
|---|---|
| Stafford loan recipients | 851 |
| Total Stafford loan amount | $6,452,804 |
References
More about our data sources and methodologies.