We conducted a survey in 2013 about the cost of beauty school tuition, and how students pay for school. We found that despite 72% of respondents saying they were either “somewhat concerned” or “very concerned” about whether they’d be able to pay for beauty school, only 22% of them bothered to apply for scholarships? Shocking! We also found out that only half (50%) filled out the FAFSA to discover what federal financial aid they may be eligible for, and nearly 64% used student loans to pay for school. All while barely 1/5 of the students applied for scholarships to help them cover the costs of their education.
We at Beauty Schools Directory want to close that gap and help future beauty school students find all the resources possible to make their cosmetology dreams a reality. We have compiled a list of scholarships for each of the specialties in the beauty business below, and we will continue to add to this list as we learn about more – so check back often!
In short: Yes! Mostly…
We can’t say for certain that every single beauty school offers financial aid options that you would consider suitable. So, here’s the deal…
You can typically find three types of financial aid:
- Federal loan and grant program
- Private loan providers
- Scholarship and grants
Many accredited cosmetology schools offer a mix of all three of those types of financial aid. This is suitable for most students, when it comes to paying for the cost of cosmetology school. In very low cost schools that offer certificates or workshops, financing options might be available, since federal loans may not cover them. This can be true even in programs that aren’t accredited or mandatory.
Some of those non-accredited cosmetology schools also offer private grants and scholarships to qualified students for their cosmetology school costs. In addition to speaking with school advisors, we recommend performing your own research for scholarship opportunities as well. You never know what you’ll stumble upon
Be sure to inquire about cosmetology scholarship programs and financial aid that are aimed at diversity initiatives in beauty schools. You may be able to qualify for a diversity scholarship due to the different cultural awareness that you add to a cosmetology school. These scholarships are intended to increase the enrollment of minorities at institutions throughout the United States.
To learn more about diversity scholarships that are offered at bilingual cosmetology schools, get in touch with the financial aid office at the cosmetology schools you’re considering. The financial aid office has information on all of the scholarship programs that are administered through the school and any government grants that you may also qualify for. Also, check out our list of beauty scholarships to apply for .