by our College Data Analytics TeamMany 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 sum total of attendance at Professional Cosmetology Education Center can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Professional Cosmetology Education Center offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Professional Cosmetology Education Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Professional Cosmetology Education Center, 81% of new full-time first-years were awarded at least some aid some 30 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,865 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $5,865 |
| State/local grants | 0% | — |
| Federal student loans | 76% | $7,552 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Professional Cosmetology Education Center, about 74% of undergrads got grants or scholarships worth on average $5,188 (for some 37 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $5,188 |
| Federal Pell grants | 74% | $5,188 |
| Federal student loans | 76% | $6,881 |
On-campus students receiving title-IV aid were awarded grants averaging $5,865.
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 | $10,982 |
| $30,001 – $75,000 | $13,715 |
| Over $75,000 | $15,258 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,634 |
| Off-campus title-IV students | $12,331 |
To project your own net price, use Professional Cosmetology Education Center’s net price calculator: www.pcec.edu/wp-content/uploads/2022/08/index.html.
Graduating students at Professional Cosmetology Education Center carry a median federal student debt of $9,833 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Professional Cosmetology Education Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,120 |
| 75th percentile | $12,643 |
Median debt varies by family income, by first-generation status, and by dependency status.
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,311 |
| Independent students | $10,633 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Professional Cosmetology Education Center.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Professional Cosmetology Education Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 344 |
| Total Stafford loan amount | $3,143,936 |
References
More about our data sources and methodologies.