$4,947

Avg. Federal Grant

$6,746

Avg. Federal Loan

$123,362

Total Aid Awarded

University of Aesthetics & Cosmetology (UOFAC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

53%

Total Aid Amount Average Total Aid Awarded per year.

$123.362K

Financial Aid Official Website

www.uofac.edu

Notably, 85% of the students at The University of Aesthetics & Cosmetology get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $233,707. Notably, a total of 62% of the applicants to The University of Aesthetics & Cosmetology receive the Federal Grant every year. On the other hand, 62% of the candidates get the Student Grant, while 62% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,650. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At TUAC, an estimated number of 54% of the applicants choose to go 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

$4,947

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,947

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$1,356

$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 University of Aesthetics & Cosmetology (UOFAC)

Average Loan Amount Average Loan Amount received per year.

$6,746/Year

Students Taking Out Loans

58%

Loan Default Rate

2.1%

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