Most 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 Opelousas School of Cosmetology can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Opelousas School of Cosmetology offer, and what will you qualify for? Read on for more information. Keep going to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Opelousas School of Cosmetology.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Opelousas School of Cosmetology, 100% of the incoming full-time class was awarded financial aid (about 13 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $6,754 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 85% | $7,059 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $6,313 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 83% of undergraduate students received gift aid averaging $5,439 (among about 38 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,439 |
| Federal Pell grants | 72% | $5,534 |
| Federal student loans | 52% | $6,695 |
For students living on campus and receiving title-IV aid, grants averaged $6,471.
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 | $14,331 |
| $30,001 – $75,000 | $18,228 |
| Over $75,000 | $22,779 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,081 |
| Off-campus title-IV students | $16,904 |
For a customized cost estimate, visit Opelousas School of Cosmetology’s NPC: www.https//nces.ed.gov/ipeds/netpricecalculator/#/.
Graduating students at Opelousas School of Cosmetology carry a median federal student debt of $6,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
The figure below distills the debt data into a single burden category for Opelousas School of Cosmetology.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Opelousas School of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 191 |
| Total Stafford loan amount | $997,589 |
References
More about our data sources and methodologies.