by our College Data Analytics TeamThe majority of students will not be asked to pay 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 Venus Beauty Academy can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does Venus Beauty Academy offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Venus Beauty Academy.
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.
At Venus Beauty Academy, 79% of first-time, full-time freshmen received some form of financial aid approximately 48 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $4,820 |
| Institutional grants & scholarships | 48% | $560 |
| Federal Pell grants | 34% | $5,109 |
| State/local grants | 0% | — |
| Federal student loans | 46% | $5,432 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Venus Beauty Academy, about 58% of undergraduates were awarded grant or scholarship aid averaging $3,708 (across approximately 63 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $3,708 |
| Federal Pell grants | 39% | $4,452 |
| Federal student loans | 48% | $5,818 |
On-campus students receiving title-IV aid were awarded grants averaging $4,260.
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 | $18,054 |
| $30,001 – $75,000 | $17,369 |
| Over $75,000 | $20,767 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,491 |
| Off-campus title-IV students | $18,536 |
To get a personalized net price estimate, try Venus Beauty Academy’s online cost calculator: www.venusbeautyacademy.com/net-price-calculator.
The median student at Venus Beauty Academy graduates with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,388 |
| Typical 10-year monthly payment (graduates) | $78.33/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 Venus Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,500 |
| 25th percentile | $4,642 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,583 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,277 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,805 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Venus Beauty Academy.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Venus Beauty Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 957 |
| Total Stafford loan amount | $7,578,598 |
References
More about our data sources and methodologies.