by our College Data Analytics TeamA large number of students will not be asked to pay 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 total cost of going to Ray J’s College of Hair can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does Ray J’s College of Hair provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover just how much financial aid could be open 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 Ray J’s College of Hair.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Ray J’s College of Hair, 83% of first-time, full-time freshmen received some form of financial aid approximately 10 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,250 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $5,250 |
| State/local grants | 0% | — |
| Federal student loans | 83% | $6,425 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Ray J’s College of Hair, around 97% of undergraduates were awarded an average grant or scholarship of $847 (covering around 62 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $847 |
| Federal Pell grants | 97% | $847 |
| Federal student loans | 97% | $1,036 |
Title-IV recipients living on campus saw average grant aid of $5,250.
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 | $10,061 |
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 | $8,470 |
| Off-campus title-IV students | $13,065 |
To project your own net price, use Ray J’s College of Hair’s net price tool: www.rayjscollegeofhair.info/net-price-calculator.html.
The median federal debt load at Ray J’s College of Hair comes to $9,833 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $14,896 |
| Typical 10-year monthly payment (graduates) | $157.92/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
These indicators are derived from the underlying debt data and summarize the overall picture at Ray J’s College of Hair.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Ray J’s College of Hair:
| Metric | Value |
|---|---|
| Stafford loan recipients | 101 |
| Total Stafford loan amount | $932,696 |
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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.