by our College Data Analytics TeamMany students are not billed 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 price of attendance at Raphael’s School of Beauty Culture Inc-Alliance can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Raphael’s School of Beauty Culture Inc-Alliance deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Raphael’s School of Beauty Culture Inc-Alliance.
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. 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 Raphael’s School of Beauty Culture Inc-Alliance, 85% of the incoming full-time class was awarded financial aid (about 117 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $6,803 |
| Institutional grants & scholarships | 53% | $333 |
| Federal Pell grants | 71% | $6,817 |
| State/local grants | 1% | $7,964 |
| Federal student loans | 78% | $7,180 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Raphael’s School of Beauty Culture Inc-Alliance, around 66% of undergraduates were awarded grant or scholarship aid averaging $6,131 (across approximately 424 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $6,131 |
| Federal Pell grants | 63% | $5,996 |
| Federal student loans | 59% | $7,439 |
For students living on campus and receiving title-IV aid, grants averaged $6,706.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,394 |
| $30,001 – $75,000 | $17,539 |
| Over $75,000 | $22,213 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $18,245 |
| Off-campus title-IV students | $17,148 |
For a personalized estimate based on your family’s financial situation, use Raphael’s School of Beauty Culture Inc-Alliance’s net price tool: solutions02.campusivy.com/Apps/NPC/NPCWizard?institutionId=67600.
A typical borrower at Raphael’s School of Beauty Culture Inc-Alliance leaves with $6,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,250 |
| Median federal debt (graduates only) | $7,114 |
| Typical 10-year monthly payment (graduates) | $75.42/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Raphael’s School of Beauty Culture Inc-Alliance.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,173 |
| 25th percentile | $3,750 |
| 75th percentile | $9,132 |
| 90th percentile (highest-debt students) | $11,250 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,251 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,250 |
| Continuing-generation students | $5,915 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $6,682 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Raphael’s School of Beauty Culture Inc-Alliance.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Raphael’s School of Beauty Culture Inc-Alliance:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1603 |
| Total Stafford loan amount | $9,883,814 |
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 | 1 |
| Total GI Bill amount | $16,881 |
| Average GI Bill amount per recipient | $16,881 |
References
More about our data sources and methodologies.