$4,888

Avg. Federal Grant

$5,980

Avg. Federal Loan

$767,433

Total Aid Awarded

Tint School of Makeup & Cosmetology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$767.433K

Financial Aid Official Website

www.tintschoolofmakeupandcosmetology.com

As many as 90% of the students at TSMCI get some sort of financial aid, and the total amount of assistance/loans provided is more than $862,931 in a year. At TSMCI, the total percentage of applicants who receive the Federal Grant stands at 59%. Meanwhile, 80% of the applicants receive the Student Grant and 45% are awarded the Institution Grant, while 59% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,738. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 58% of the applicants to Tint School of Makeup and Cosmetology-Irving opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

N/A

Institution Grant Aid

47%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,888

State Grant Aid

N/A

Institution Grant Aid

$1,636

Pell Grant

$4,888

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,197

$30,001 - $48,000

$6,083

$48,001 - $75,000

$1,500

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Tint School of Makeup & Cosmetology

Average Loan Amount Average Loan Amount received per year.

$5,980/Year

Students Taking Out Loans

60%

Loan Default Rate

13.2%

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