by our College Data Analytics TeamA lot of students are not billed 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 Palomar Institute of Cosmetology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Palomar Institute of Cosmetology deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Palomar Institute of Cosmetology.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Palomar Institute of Cosmetology, 45% of entering full-time freshmen got some type of financial assistance roughly 67 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $3,835 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 32% | $3,744 |
| State/local grants | 3% | $3,953 |
| Federal student loans | 38% | $4,741 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Palomar Institute of Cosmetology, approximately 34% of the undergraduate population received grant aid that averaged $4,292 (covering around 123 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $4,292 |
| Federal Pell grants | 33% | $4,263 |
| Federal student loans | 43% | $4,795 |
On-campus students receiving title-IV aid were awarded grants averaging $4,514.
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 | $16,962 |
| $30,001 – $75,000 | $19,867 |
| Over $75,000 | $21,113 |
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 | $27,778 |
| Off-campus title-IV students | $21,176 |
For a personalized estimate based on your family’s financial situation, use Palomar Institute of Cosmetology’s net price calculator: pic.edu/wp-content/pdf/netpricecalculator.htm.
The median student at Palomar Institute of Cosmetology graduates with $6,333 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Palomar Institute of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $4,192 |
| 75th percentile | $9,547 |
| 90th percentile (highest-debt students) | $12,919 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,892 |
| Continuing-generation students | $10,109 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,442 |
| Independent students | $6,333 |
The figure below distills the debt data into a single burden category for Palomar Institute of Cosmetology.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Palomar Institute of Cosmetology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1447 |
| Total Stafford loan amount | $10,277,700 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $41,800 |
| Average GI Bill amount per recipient | $10,450 |
References
More about our data sources and methodologies.