Financial Aid at Faust Institute of Cosmetology-Spirit Lake
Financial Aid Amount Received
$4,789 (36.84% of tuition)
Percent of Financial Aid Received
71% of 19 students
20 undergraduate students (71% of all students) have received grants, scholarships, and/or federal student loans at Faust Institute of Cosmetology-Spirit Lake. The percentage of students who received financial aid much higher compared to Private (for-profit), Less Than 2-Years Colleges in Iowa.
Compared to similar schools in rankings such as Capri College-Dubuque and Capri College-Cedar Rapids, the percentage of students who received financial aid is higher (the average of the schools is 61.33%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,789 and the average loan amount is $6,453. The average financial aid amount is 36.84% of tuition & fees (tuition & fees: $13,000).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 20 | 71% | $95,773 | $4,789 |
| Pell Grants | 15 | 54% | $79,288 | $5,286 |
| Federal Students Loans | 11 | 39% | $70,985 | $6,453 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 4 students have received one or more types of financial aid at Faust Institute of Cosmetology-Spirit Lake.
The average amount of federal, state, local or institutional grant aid is $7,764 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,268.
The following table shows the financial data by type of aid at Faust Institute of Cosmetology-Spirit Lake.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 4 | 80% | - | - |
| Grant or scholarship aid | 4 | 80% | $31,055 | $7,764 |
| Federal Grants | 3 | 60% | $26,809 | $8,936 |
| Pell Grants | 3 | 60% | $24,880 | $8,293 |
| Other Federal Grants | 3 | 60% | $1,929 | $643 |
| State/Local Grants | 1 | 20% | $3,100 | $3,100 |
| Institutional Grants | 1 | 20% | $1,146 | $1,146 |
| Student Loans | 2 | 40% | $14,536 | $7,268 |
| Federal Student Loans | 2 | 40% | $14,536 | $7,268 |
| Other Student Loans | 0 | 0% | $0 | - |