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Texas College of Cosmetology-Abilene Financial Aid Details

82% Freshmen Get Financial Aid
$8,297 Average Grant & Scholarship
61% Undergrads Get Grant Aid

The majority of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Texas College of Cosmetology-Abilene can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial aid options can Texas College of Cosmetology-Abilene offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to see how much school funding could be available to you.

Importance of Texas College of Cosmetology-Abilene Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Texas College of Cosmetology-Abilene.

Typical First Year Financial Aid at Texas College of Cosmetology-Abilene

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Among first-time, full-time freshmen at Texas College of Cosmetology-Abilene, 82% of entering full-time freshmen got some type of financial assistance (about 85 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)82%$5,238
Institutional grants & scholarships0%
Federal Pell grants82%$5,238
State/local grants0%
Federal student loans77%$5,325

Scholarship and Grant Awards at Texas College of Cosmetology-Abilene

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Texas College of Cosmetology-Abilene, roughly 61% of undergraduates were awarded an average grant or scholarship of $8,297 (across roughly 105 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)61%$8,297
Federal Pell grants61%$4,240
Federal student loans61%$4,096

On-campus students receiving title-IV aid were awarded grants averaging $5,238.

Net Price by Family Income at Texas College of Cosmetology-Abilene

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$15,728
$30,001 – $75,000$17,847
Over $75,000$20,850

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Net Price at Texas College of Cosmetology-Abilene

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.

CohortAverage Net Price
On-campus title-IV students$15,047
Off-campus title-IV students$15,728

For a personalized estimate based on your family’s financial situation, use Texas College of Cosmetology-Abilene’s official net price calculator: www.texascollegecosmetology.com/net-price-calculator.

What Students Owe at Texas College of Cosmetology-Abilene

Graduating students at Texas College of Cosmetology-Abilene carry a median federal student debt of $5,500 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$6,333
Typical 10-year monthly payment (graduates)$67.14/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

How Debt Outcomes Vary by Student Group at Texas College of Cosmetology-Abilene

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$6,078
Middle income$4,583
High income$4,583

First-Generation Comparison

CohortMedian federal debt
First-generation students$5,500
Continuing-generation students$5,500

By Dependency Status

CohortMedian federal debt
Dependent students$4,583
Independent students$7,499

Debt Burden Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Texas College of Cosmetology-Abilene.

Student Loans at Texas College of Cosmetology-Abilene

The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Texas College of Cosmetology-Abilene:

MetricValue
Stafford loan recipients623
Total Stafford loan amount$3,251,047

Veteran and Military Aid at Texas College of Cosmetology-Abilene

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients2
Total GI Bill amount$24,113
Average GI Bill amount per recipient$12,057

References

More about our data sources and methodologies.

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