by our College Data Analytics TeamMany students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Raphael’s School of Beauty Culture Inc-Niles can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Raphael’s School of Beauty Culture Inc-Niles deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Raphael’s School of Beauty Culture Inc-Niles.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Raphael’s School of Beauty Culture Inc-Niles, 96% of the incoming full-time class was awarded financial aid roughly 45 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $6,192 |
| Institutional grants & scholarships | 62% | $722 |
| Federal Pell grants | 72% | $6,541 |
| State/local grants | 0% | — |
| Federal student loans | 85% | $7,930 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Raphael’s School of Beauty Culture Inc-Niles, approximately 74% of the undergraduate population received grant aid that averaged $6,395 (across roughly 167 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,395 |
| Federal Pell grants | 69% | $6,242 |
| Federal student loans | 68% | $8,032 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,019.
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 | $19,151 |
| $30,001 – $75,000 | $25,231 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $21,059 |
| Off-campus title-IV students | $20,884 |
For a personalized estimate based on your family’s financial situation, use Raphael’s School of Beauty Culture Inc-Niles’s net price calculator: solutions02.campusivy.com/Apps/NPC/NPCWizard?institutionId=67600.
The median federal debt load at Raphael’s School of Beauty Culture Inc-Niles comes to $6,251 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,251 |
| Median federal debt (graduates only) | $7,538 |
| Typical 10-year monthly payment (graduates) | $79.92/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 Raphael’s School of Beauty Culture Inc-Niles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,750 |
| 75th percentile | $8,990 |
| 90th percentile (highest-debt students) | $11,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,251 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,251 |
| Continuing-generation students | $7,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,311 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Raphael’s School of Beauty Culture Inc-Niles.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Raphael’s School of Beauty Culture Inc-Niles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1559 |
| Total Stafford loan amount | $10,594,917 |
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 | $22,210 |
| Average GI Bill amount per recipient | $22,210 |
References
More about our data sources and methodologies.