How to Discover the Right Financial Aid Options at Beauty School

How to pay for cosmetology

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One question many people have when considering college is how they’re going to pay for it. Figuring out financial aid is a crucial component of college for many people; it’s uncommon for someone to be able to pay for any kind of college, including a trade school, entirely out of pocket. This is where financial aid comes in, helping you with the parts of school you can’t pay for yourself. Here’s how you can figure out the right financial aid for your needs.

1. Understand What Beauty School Typically Costs

First of all, you need to know what beauty school costs and how much you can afford to pay. If you already have an ideal school lined up, you may be able to ask the team members directly how expensive tuition is as well as kits & equipment at that school. If you don’t, you can look around and get some estimates for your area. Additionally, make sure you know whether you’ll have money saved up as a sort of “down payment” you can make yourself.

2. Take Advantage of On-Campus Options

Most campuses will have financial aid help available on campus or virtual. When you first come in for a tour, you should also ask them whether they have financial aid help available and if that financial aid help is something you can access immediately. There’s nothing wrong with looking into financial aid help the first time you attend the campus, as it’ll prepare you for all your needs in the future. Starting early is always a good thing, even with financial aid.

3. Apply to as Many Scholarships and Grants as Possible

There’s no limit on the number of scholarships and grants you can apply to. Whenever you see a scholarship or grant you can apply to a beauty school education, apply to it, especially if it doesn’t take very long. You may want to set aside a specific amount of time every day to look at scholarships and grants and apply to them. Your chances of receiving one of these grants increase the more grants you apply to, so apply to as many as possible.

4. Consider Different Ways of Attending School

Although full-time college attendance can be a great way to get through beauty school more quickly, it can also be more complicated for people who have to pay for beauty school. Part-time beauty school is becoming more common as people realize it’s a great way to get through school while working. That way, you can get your beauty school education, pay for it more quickly, and not have to worry about taking out loans for room and board.

5. Try Out Payment Plans

Many schools offer payment plans for their programs that can be much easier than trying to take out a loan through a third party. For example, instead of paying for your education up front in one lump sum, you might be able to pay over time, spread out during the time you’re actually in school. Different schools offer different payment plans, so make sure you ask whether the school you’re attending has payment plan options.

6. Weigh Different Loan Options Carefully

Some people do end up going through school with a loan of some kind. This isn’t necessarily a bad idea; loans are there for a reason, after all. However, you do want to pay close attention to the different types of loans you have available to you. Look at the interest rate, the length of time you have to pay it off, and what options they might offer if you run into financial hardship. It’s also a good idea to pay as much as you can directly to the school, then take out a loan for the rest so you’re paying minimum interest.

Conclusion

Affording your beauty school

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Financial aid at a beauty school doesn’t have to be difficult. As a matter of fact, there are many people who want you to succeed in beauty school, which is why it can be very easy to find the right financial solution for you. If you’re interested in attending Evergreen Beauty College, you can talk to a Financial Aid Representative who can walk you through all your options. Schedule a tour today to find out if Evergreen Beauty College might be right for you.

Author
Frank Trieu
Vice President of Business Development & Industry Relations

Frank Trieu is a cosmetology industry leader, and despite his accomplishments and accolades, he still prioritizes students on the Evergreen campus. Through building relationships within the community and local salons, retail stores, and spas, he helps facilitate job placements for aspiring beauty professionals using his expansive network.

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