$4,401

Avg. Federal Grant

$7,430

Avg. Federal Loan

$758,564

Total Aid Awarded

Ravenscroft Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$758.564K

Financial Aid Official Website

ravenscroftcollege.com

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,042,627. Notably, a total of 93% of the applicants to Ravenscroft Beauty College receive the Federal Grant every year. Meanwhile, 93% of the applicants receive the Student Grant, while 93% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,570. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 Ravenscroft Beauty College, the percentage of candidates who opt to avail of student loans is around 98%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$4,401

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,360

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,312

$30,001 - $48,000

$3,353

$48,001 - $75,000

$2,970

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ravenscroft Beauty College

Average Loan Amount Average Loan Amount received per year.

$7,430/Year

Students Taking Out Loans

90%

Loan Default Rate

7.5%

Other Colleges In Indiana

#N/A

Angola, Indiana 4 years Private Not-For-Profit

Located in Muncie, IN, Ball State University is a public university. The university covers an area of 1,140 acres. Ball State University was founded in the year 1918. Ball State University believes in imparting education and contributing to society by focusing on innovation, research, education, an

Muncie, Indiana 4 years Public

#N/A

Vincennes, Indiana 4 years Public

Other Colleges In Fort Wayne

University of Saint Francis-Fort Wayne is a private, Roman Catholic university located in Fort Wayne, IN. University of Saint Francis-Fort Wayne covers an area of 107 acres. It was in 1890 when the University of Saint Francis-Fort Wayne was founded. Notably, the official colors of the university

Fort Wayne, Indiana 4 years Private Not-For-Profit

A private university by the name of Indiana Institute of Technology is located in Fort Wayne, Indiana. Indiana Institute of Technology occupies a total area of about 42 acres. In 1930, Indiana Institute of Technology was founded. Orange, black and white are the official colors of the Indiana Inst

Fort Wayne, Indiana 4 years Private Not-For-Profit

Other Private for-profit Colleges

  • The student-faculty ratio is 15:1.

  • The graduation rate of the university is 56%.

  • College accreditation - The college is regionally accredited and recognized by the Accrediting Council for I

Phoenix, Arizona -2 years Private For-Profit

The mission is to deliver high quality, relevant education and to offer exceptional flexibility, accessibility, and affordability to deserving, working adults trying to better their lives.

Grantham University offers a choice of 50+ degree and certificate programs along wi

Lenexa, Kansas 4 years Private For-Profit

Currently, the student population is 26,184 in total at the university. This includes 16,289 full-time students and around 9,259 part-time enrollments.

CTU is recognized and is nationally accredited by the

Colorado Springs, Colorado 4 years Private Not-For-Profit