Financial Aid at Velvatex College of Beauty Culture
Financial Aid Amount Received
$7,495 (46.18% of tuition)
Percent of Financial Aid Received
86% of 14 students
18 undergraduate students (86% of all students) have received grants, scholarships, and/or federal student loans at Velvatex College of Beauty Culture. The percentage of students who received financial aid higher compared to Private (for-profit), Less Than 2-Years Colleges in Arkansas.
Compared to similar schools in rankings such as Arkansas Beauty School-Little Rock and Arkansas Beauty College, the percentage of students who received financial aid is higher (the average of the schools is 73.11%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $7,495 and the average loan amount is $9,400. The average financial aid amount is 46.18% of tuition & fees (tuition & fees: $16,230).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 18 | 86% | $134,910 | $7,495 |
| Pell Grants | 18 | 86% | $116,910 | $6,495 |
| Federal Students Loans | 12 | 57% | $112,800 | $9,400 |
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), 11 students have received one or more types of financial aid at Velvatex College of Beauty Culture.
The average amount of federal, state, local or institutional grant aid is $8,131 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,119.
The following table shows the financial data by type of aid at Velvatex College of Beauty Culture.
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 | 11 | 100% | - | - |
| Grant or scholarship aid | 11 | 100% | $89,445 | $8,131 |
| Federal Grants | 11 | 100% | $71,445 | $6,495 |
| Pell Grants | 11 | 100% | $71,445 | $6,495 |
| Other Federal Grants | 0 | 0% | $0 | $0 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 2 | 18% | $18,000 | $9,000 |
| Student Loans | 8 | 73% | $56,952 | $7,119 |
| Federal Student Loans | 8 | 73% | $56,952 | $7,119 |
| Other Student Loans | 0 | 0% | $0 | $0 |