by our College Data Analytics TeamThe majority of students will not be asked to pay 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 total cost of going to P&A Scholars Beauty School can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will P&A Scholars deliver, and just what are you going to be eligible for? Read on for answers. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from P&A Scholars Beauty School.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at P&A Scholars Beauty School, 100% of the incoming full-time class was awarded financial aid around 14 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,163 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $6,163 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $7,835 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at P&A Scholars, some 100% of undergraduates were awarded grant or scholarship aid averaging $3,698 (for some 233 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $3,698 |
| Federal Pell grants | 64% | $2,774 |
| Federal student loans | 43% | $4,701 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,377.
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 | $9,759 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $10,068 |
| Off-campus title-IV students | $9,759 |
To project your own net price, use P&A Scholars’s net price tool: www.pandascholars.com/npcalc.htm.
A typical borrower at P&A Scholars leaves with $6,333 in federal 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 |
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 percentiles below describe the cumulative federal debt distribution for borrowers at P&A Scholars.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at P&A Scholars.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at P&A Scholars:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1815 |
| Total Stafford loan amount | $14,973,949 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $35,900 |
| Average GI Bill amount per recipient | $17,950 |
References
More about our data sources and methodologies.