by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to World Class Academy of Beauty Careers can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does World Class Academy of Beauty Careers provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from World Class Academy of Beauty Careers.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, roughly 60% of undergrads got grants or scholarships worth on average $6,423 (covering around 25 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $6,423 |
| Federal Pell grants | 60% | $6,391 |
| Federal student loans | 52% | $5,357 |
The median federal debt load at World Class Academy of Beauty Careers comes to $7,654 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,654 |
| Median federal debt (graduates only) | $9,000 |
| Typical 10-year monthly payment (graduates) | $95.41/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The figure below distills the debt data into a single burden category for World Class Academy of Beauty Careers.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at World Class Academy of Beauty Careers:
| Metric | Value |
|---|---|
| Stafford loan recipients | 108 |
| Total Stafford loan amount | $745,228 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $31,878 |
| Average GI Bill amount per recipient | $15,939 |
References
More about our data sources and methodologies.