Number Received Financial Aid (All Undergraduate)
18
Percent Received Financial Aid(All Undergraduate)
62%
Average Aid Amount
$6,269
Number Received Financial Aid (Freshmen)
9
Percent Received Financial Aid (Freshmen)
90%
Financial Aid Information at Faust Institute of Cosmetology-Spirit Lake
For the academic year 2021-2022, a total of 18 students (62% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,269. For freshmen (Full-time, first-time degree-seeking undergraduate students), 9 students (90% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Faust Institute of Cosmetology-Spirit Lake is $13,000, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 18 students (62% of all students) have received grants or scholarships and the average received aid amount is $6,269. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Faust Institute of Cosmetology-Spirit Lake for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 18 | 62% | $6,269 |
| Pell Grants | 17 | 59% | $6,010 |
| Federal Student Loans | 19 | 66% | $4,181 |
Beginning Students Financial Aid
a total of 9 beginning students (90% of all freshmen) have received any financial aid and 9 students (90% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Faust Institute of Cosmetology-Spirit Lake.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 9 | 90% | - |
| Grants or Scholarship from All Sources | 9 | 90% | $5,560 |
| Federal Grants | 8 | 80% | $5,653 |
| Pell Grants | 8 | 80% | $5,234 |
| Other Federal Grants | 8 | 80% | $419 |
| State/Local Grants | 2 | 20% | $1,100 |
| Institutional Grants | 9 | 90% | $291 |
| Student Loans | 5 | 50% | $5,092 |
| Federal Student Loans | 5 | 50% | $5,092 |
| Other Student Loans | 0 | 0% | $0 |
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