by our College Data Analytics TeamA large number of 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 cost of going to Salem College of Hairstyling can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Salem College of Hairstyling offer, and what will you qualify for? Keep reading for more information. Scroll down to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Salem College of Hairstyling.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Salem College of Hairstyling, 83% of first-time, full-time freshmen received some form of financial aid some 5 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $6,645 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $6,645 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Salem College of Hairstyling, around 65% of undergraduates were awarded grant or scholarship aid averaging $4,340 (covering around 30 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,340 |
| Federal Pell grants | 35% | $6,163 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $6,645.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,256 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $6,345 |
| Off-campus title-IV students | $6,256 |
To get a personalized net price estimate, try Salem College of Hairstyling’s net price calculator: [centralandsalemcolleges.com/price calculator.htm](https://centralandsalemcolleges.com/price calculator.htm).
These indicators are derived from the underlying debt data and summarize the overall picture at Salem College of Hairstyling.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Salem College of Hairstyling:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14 |
| Total Stafford loan amount | $74,887 |
References
More about our data sources and methodologies.