Number Received Financial Aid (All Undergraduate)
20
Percent Received Financial Aid(All Undergraduate)
71%
Average Aid Amount
$4,789
Number Received Financial Aid (Freshmen)
4
Percent Received Financial Aid (Freshmen)
80%
Financial Aid Information at Faust Institute of Cosmetology-Spirit Lake
For the academic year 2023-2024, a total of 20 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,789. For freshmen (Full-time, first-time degree-seeking undergraduate students), 4 students (80% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Faust Institute of Cosmetology-Spirit Lake is $14,000, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 20 students (71% of all students) have received grants or scholarships and the average received aid amount is $4,789. 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 | 20 | 71% | $4,789 |
| Pell Grants | 15 | 54% | $5,286 |
| Federal Student Loans | 11 | 39% | $6,453 |
Beginning Students Financial Aid
a total of 4 beginning students (80% of all freshmen) have received any financial aid and 4 students (80% 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 | 4 | 80% | - |
| Grants or Scholarship from All Sources | 4 | 80% | $7,764 |
| Federal Grants | 3 | 60% | $8,936 |
| Pell Grants | 3 | 60% | $8,293 |
| Other Federal Grants | 3 | 60% | $643 |
| State/Local Grants | 1 | 20% | $3,100 |
| Institutional Grants | 1 | 20% | $1,146 |
| Student Loans | 2 | 40% | $7,268 |
| Federal Student Loans | 2 | 40% | $7,268 |
| Other Student Loans | 0 | 0% | - |
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