by our College Data Analytics TeamA lot 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 sum total of attendance at Tricoci University of Beauty Culture-Peoria can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Tricoci PEO deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Tricoci University of Beauty Culture-Peoria.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Tricoci University of Beauty Culture-Peoria, 88% of entering full-time freshmen got some type of financial assistance approximately 23 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $9,763 |
| Institutional grants & scholarships | 12% | $1,267 |
| Federal Pell grants | 69% | $9,485 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $8,126 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 58% of undergrads got grants or scholarships worth on average $5,882 (among about 137 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,882 |
| Federal Pell grants | 57% | $5,795 |
| Federal student loans | 66% | $6,830 |
On-campus students receiving title-IV aid were awarded grants averaging $4,209.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,543 |
| $30,001 – $75,000 | $19,741 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,433 |
| Off-campus title-IV students | $20,508 |
For a customized cost estimate, visit Tricoci PEO’s net price calculator: www.tricociuniversity.edu/admissions-financial-aid/beauty-school-calculator/.
The median student at Tricoci PEO graduates with $7,307 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,307 |
| Median federal debt (graduates only) | $7,307 |
| Typical 10-year monthly payment (graduates) | $77.47/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Tricoci PEO.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,633 |
| 25th percentile | $4,463 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $14,554 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,307 |
| Middle income | $5,923 |
| High income | $4,230 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,307 |
| Continuing-generation students | $7,307 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,750 |
| Independent students | $7,307 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Tricoci PEO.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Tricoci PEO:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1157 |
| Total Stafford loan amount | $9,420,147 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.