$3,906

Avg. Federal Grant

$5,543

Avg. Federal Loan

$528,541

Total Aid Awarded

Avalon School of Cosmetology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$528.541K

Financial Aid Official Website

avalon.edu/financial-aid/

Notably, 77% of the students at Avalon School of Cosmetology-Alameda get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $538,865. Notably, a total of 66% of the applicants to Avalon School of Cosmetology-Alameda receive the Federal Grant every year. In comparison, 68% of the students are awarded the Student Grant, 4% get the Institution Grant, and 66% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,018. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ASCA, an estimated number of 56% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

N/A

Institution Grant Aid

1%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$3,906

State Grant Aid

N/A

Institution Grant Aid

$1,500

Pell Grant

$3,906

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,148

$30,001 - $48,000

$2,895

$48,001 - $75,000

$1,384

$75,001 - $110,000

$665

Over $110,000

N/A

Student Loans for Avalon School of Cosmetology

Average Loan Amount Average Loan Amount received per year.

$5,543/Year

Students Taking Out Loans

46%

Loan Default Rate

N/A

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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