OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Faust Institute of Cosmetology-Spirit Lake Financial Aid and Scholarships 2022

Located in Spirit Lake, Iowa, Faust Institute of Cosmetology-Spirit Lake is a private university. Taking into account all the courses offered at Faust Institute of Cosmetology-Spirit Lake, the total enrolment stands at 10. The school has an academic staff of 3 who teach various courses to the students. At Faust Institute of Cosmetology-Spirit Lake, around 70% of the students are 24 and under. Talking about gender distribution at FICSL, around 80% of the students are females and 20% are males.

$5,508

Avg. Federal Grant

$5,677

Avg. Federal Loan

$41,105

Total Aid Awarded

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Faust Institute of Cosmetology-Spirit Lake Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$41.105K

Financial Aid Official Website

N/A

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $62,526. The total percentage of candidates applying to Faust Institute of Cosmetology-Spirit Lake who receive the Federal Grant is 100%. On the other hand, 100% of the candidates get the Student Grant, while 100% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,344. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At FICSL, an estimated number of 67% of the applicants choose to go for student loans.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

N/A

Institution Grant Aid

67%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$5,508

State Grant Aid

N/A

Institution Grant Aid

$109

Pell Grant

$5,180

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,350

$30,001 - $48,000

N/A

$48,001 - $75,000

$6,420

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Faust Institute of Cosmetology-Spirit Lake

Average Loan Amount Average Loan Amount received per year.

$5,677/Year

Students Taking Out Loans

83%

Loan Default Rate

N/A

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