OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Modern Hairstyling Institute Financial Aid and Scholarships 2022

A private university by the name of Modern Hairstyling Institute-Bayamon is located in Bayamon, Puerto Rico. Taking into account all the courses offered at Modern Hairstyling Institute-Bayamon, the total enrolment stands at 174. The school has a total of 6 academic staff. These faculty teach different courses to the students. Speaking of gender distribution, there are around 67% of the students who are females and 33% are males at Modern Hairstyling Institute-Bayamon. At MHIB, around 91% of t

Modern Hairstyling Institute Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$2.366M

Financial Aid Official Website

www.modern.edu

Interestingly, almost all of the students at MHIB receive some sort of financial aid. The total percentage of candidates applying to Modern Hairstyling Institute-Bayamon who receive the Federal Grant is 100%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 100% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,595, and the same stands at $200 for State Grant awardees and $167 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,095. 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. 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.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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#N/A

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