$5,092

Avg. Federal Grant

$6,781

Avg. Federal Loan

$395,016

Total Aid Awarded

Phagans Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

82%

Total Aid Amount Average Total Aid Awarded per year.

$395.016K

Financial Aid Official Website

N/A

Financial aid advisors are made available to assist the students through the process of discovering financial aid options and applying for the same. Student loans can be defined as the money borrowed that has to be repaid with interest.

The Joe Francis Haircare Scholarship, Hans Neumaier Memorial Scholarship are few of the scholarships that are available for the students. Examples of grants include Federal Pell Grant or PELL, FSEOG or Federal Supplemental Educational Opportunity Grant, William D. Ford Federal Direct Loan Program, and Veterans Education Benefits.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

79%

State Grant Aid

10%

Institution Grant Aid

5%

Pell Grant

79%

Average Aid Awarded

Federal Grant Aid

$5,092

State Grant Aid

$4,672

Institution Grant Aid

$144

Pell Grant

$5,019

The Financial Aid Breakdown is an amalgamation of Federal Grants, State Grants, Institutional Grants, and PELL Grants.

Highest financial assistance is in the form of a federal grant, which at 79 percentile, amounting to $5,092.

Other forms of financial assistance include:

Pell Grants – $5,019

State Grants - $4,672

Institutional Grants - $144.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,458

$30,001 - $48,000

$4,470

$48,001 - $75,000

$4,022

$75,001 - $110,000

$2,845

Over $110,000

N/A

Average Federal Aid and family income are interlinked with each other. These average federal aids vary with the changes in income range.

According to the above table, $6,458 is received when the family income is under $30,000. Meanwhile, a student ranging from a family wherein the family income is somewhere between $75,001 and $110,000 receives $2,845 in federal aid.

Student Loans for Phagans Beauty College

Average Loan Amount Average Loan Amount received per year.

$6,781/Year

Students Taking Out Loans

72%

Loan Default Rate

N/A

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