$5,920

Avg. Federal Grant

$7,567

Avg. Federal Loan

$187,754

Total Aid Awarded

University Academy of Hair Design Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$187.754K

Financial Aid Official Website

uahairdesign.com/financial-aid/

It is interesting to note that, every year, around 60% of students at UAHD receive some kind of financial aid, while the total amount of assistance/loans provided is $182,152. The total percentage of candidates applying to University Academy of Hair Design who receive the Federal Grant is 53%. Meanwhile, 53% of the applicants receive the Student Grant, while 53% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,535. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University Academy of Hair Design, the percentage of candidates who opt to avail of student loans is around 40%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$5,920

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,947

$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 Academy of Hair Design

Average Loan Amount Average Loan Amount received per year.

$7,567/Year

Students Taking Out Loans

71%

Loan Default Rate

11.7%

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