$4,901

Avg. Federal Grant

$6,061

Avg. Federal Loan

$121,620

Total Aid Awarded

Nuvo College of Cosmetology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$121.620K

Financial Aid Official Website

N/A

As many as 93% of the students at NCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $516,000 in a year. At NCC, the total percentage of applicants who receive the Federal Grant stands at 93%. On the other hand, 93% of the candidates get the Student Grant, while 93% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,300. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 93% of the applicants to Nuvo College of Cosmetology opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,901

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,901

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,901

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Nuvo College of Cosmetology

Average Loan Amount Average Loan Amount received per year.

$16,621/Year

Students Taking Out Loans

50%

Loan Default Rate

N/A

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