$4,585

Avg. Federal Grant

$7,654

Avg. Federal Loan

$303,287

Total Aid Awarded

Missouri College of Cosmetology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$303.287K

Financial Aid Official Website

www.missouricosmo.com/cosmetology-school

Notably, 94% of the students at Missouri College of Cosmetology North get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $403,902. Notably, a total of 76% of the applicants to Missouri College of Cosmetology North receive the Federal Grant every year. Meanwhile, 76% of the applicants receive the Student Grant, while 76% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,303. 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. 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 89% of the applicants to Missouri College of Cosmetology North opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

76%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

76%

Average Aid Awarded

Federal Grant Aid

$4,585

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,585

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,091

$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 Missouri College of Cosmetology

Average Loan Amount Average Loan Amount received per year.

$7,654/Year

Students Taking Out Loans

87%

Loan Default Rate

7.2%

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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