by our College Data Analytics TeamThe 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 price tag of going to Old Town Barber College - Wichita can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Old Town Barber College - Wichita provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Old Town Barber College - Wichita.
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.
For incoming first-year students at Old Town Barber College - Wichita, 90% of first-time, full-time freshmen received some form of financial aid roughly 60 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,249 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 85% | $5,249 |
| State/local grants | 0% | — |
| Federal student loans | 76% | $6,044 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Old Town Barber College - Wichita, approximately 75% of undergraduates were awarded an average grant or scholarship of $5,122 (among about 110 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,122 |
| Federal Pell grants | 75% | $5,122 |
| Federal student loans | 76% | $5,783 |
For students living on campus and receiving title-IV aid, grants averaged $4,986.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,462 |
| $30,001 – $75,000 | $14,350 |
| Over $75,000 | $19,032 |
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 | $15,111 |
| Off-campus title-IV students | $14,647 |
For a personalized estimate based on your family’s financial situation, use Old Town Barber College - Wichita’s NPC: www.otbcollege.com/.
The median student at Old Town Barber College - Wichita graduates with $9,667 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,667 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Old Town Barber College - Wichita.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,125 |
| 75th percentile | $15,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,664 |
| Independent students | $12,953 |
The figure below distills the debt data into a single burden category for Old Town Barber College - Wichita.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Old Town Barber College - Wichita:
| Metric | Value |
|---|---|
| Stafford loan recipients | 743 |
| Total Stafford loan amount | $8,122,586 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $55,300 |
| Average GI Bill amount per recipient | $13,825 |
References
More about our data sources and methodologies.