The following online cosmetology schools offer financial aid that can help offset your cost of study, and enable you to study stress freely. Are you in search for this? Then read this carefully curated article to the last sentence.
Cosmetology schools are institutions that teach about skincare, Makeup application, hair care and cutting, Nail care, and many others. Upon graduation from any of the accredited online or in-person cosmetology schools, you will have acquired the in-depth skills and knowledge needed to thrive in the industry.
The need for cosmetologists is on an upward trend and even a projection growth of 8% from 2022 to 2032 according to the U.S. Bureau of Labour Statistics. This data is simply showing that the future is bright with cosmetology.
Now, there are many hindrances to studying this course, one of which money is the reason. In this article, I will show you the various cosmetology online schools where you can use financial aid to study. Are you ready to take the ride with me?
What is Financial Aid?
Financial aids are funds offered by schools, private organizations, government, philanthropists, etc., to students who are not financially capable of seeing themselves through the college. These aids help to offset some educational costs and relieve them from financial stress.
Financial aid can come in the form of scholarships, grants, student loans, tuition waivers, etc. If you can’t afford to pay your educational fees, it is wise to apply to schools with financial aid options.
Online Cosmetology Schools with Financial Aid
Here are the online cosmetology schools with financial aid that you can attend to actualize your dream of becoming a cosmetologist.
- Vogue College of Cosmetology
- Elaine Sterling Institute
- Morgantown Beauty College
- Long Island Beauty School
- Penrose Academy
- New York Institute of Beauty
- Advance Beauty College
- Altoona Beauty School
1. Vogue College of Cosmetology
This school tops our list of virtual cosmetology schools with financial aid. Here, you will discover financial assistance options like scholarships and FAFSA that will enable you to study without hassle.
To apply for financial aid at Vogue College of Cosmetology, you will start by completing the free application for federal student aid (FAFSA). With FAFSA, you can apply for grants and loans.
There are other aids available such as Vogue scholarships (e.g. Charles Oman scholarship, Christine Reed Scholarship), outside scholarships (e.g. minority students, Hispanic students, Great Clips scholarship, Beauty Changes Lives scholarships, etc.)
2. Elaine Sterling Institute
This is another online college of optometry that provides financial aid options to enable you to achieve your dreams of becoming a cosmetologist. To qualify for the financial aid, you must satisfy the following;
- Meet all admission requirements.
- Maintain satisfactory academic achievement as stated by Elaine Sterling Institute.
- Provide and submit all required documents by the school, lenders, or both
- Successfully complete the ‘aid specific’ requirements (E.g. the entrance loan counseling)
Elaine Sterling Institute is a good choice to consider while applying to online beauty schools with financial aid.
3. Morgantown Beauty College
Morgantown Beauty College offers 50% of their cosmetology online, and the remaining 50% on campus. However, there is availability of financial aid for qualifying students.
To receive financial aid, you must complete the Free Application for Student Aid (FAFSA) and also dig about other financial programs that may offer assistance to pay your tuition fees such as the Veterans Administration, Rehabilitation Services, Workforce Investment Act, etc.
4. Long Island Beauty School
This school is among the cosmetology schools with online programs that offer financial aid to eligible students or those who qualify for it. The financial aid available is in scholarships, grants, loans, and others.
The financial aid department ensures that you take the right steps in applying for the opportunities, and assist you in every necessary way. Nursing to become a cosmetology student but do not have the financial capacity to do so? Check out Long Island Beauty School’s online programs today.
5. Penrose Academy
Penrose Academy offers financial aid to students who qualify or have financial constraints. This financial aid assists the students with the cost of studying to become a cosmetologist.
They come in the form of grants like Pell Grants, Federal Stafford Loans, and Federal Parent PLUS Loans. The steps to apply are;
- Complete your application and get accepted at Penrose Academy.
- Create an FSA ID or update an existing outdated PIN.
- Complete the FAFSA at studentaid.gov.
- Complete the Federal Direct Master Promissory Note (MPN)
6. New York Institute of Beauty
New York Institute of Beauty offers virtual cosmetology programs in partnership with CIMA by Milady, a digital learning platform that allows students to learn and study from their homes.
Here, there are financial aid options offered to help students cater to their educational needs. These aids are available to only students who qualify for them.
To check your eligibility, the financial aid department can be of great help. They will also assist you in applying for various grants and loans that you are eligible for. Start your cosmetology journey today at NYIB.
7. Advance Beauty College
Advance Beauty College offers hybrid classes that consist of 50% online (theory) and 50% in-person (practical). These classes are on cosmetology, Esthetician, barbering, advanced manicuring, teacher training, etc.
There are financial aids available to help students who can’t see themselves through college. Some of them are the Federal Pell Grant, VA benefits, etc. To receive financial aid at Advance Beauty College, you must complete the FAFSA.
8. Altoona Beauty School
Altoona Beauty School provides online education on cosmetology, Nail Technology, Esthetics, etc. Upon graduation from these programs, you must have gotten in-depth skills needed to thrive in the beauty industry.
There is also availability of financial aid to help you offset the cost of your tuition fees. The aids come as Pell Grants, FAFSA, Direct student loans, Plus loans, PA forward student loans, Veterans benefits, OVR, Monthly payments, etc.
The admission department helps you in completing the financial aid applications at no cost.
Does FAFSA Cover Cosmetology Schools?
As long as the cosmetology schools and programs are accredited, you are eligible to fill in the Free Application for Federal Student Aid (FAFSA).
The FAFSA is the form you complete in order to receive federal student aid to fund your educational or study costs.
Requirements to Study Cosmetology?
While the requirements to take cosmetology classes differ from school to school, here are the general ones you must take into consideration.
- Age: There is usually an age requirement attached to every cosmetology application. Many institutions insist on 16 years and above. While applying to study cosmetology, it is advisable to be at least 16 years old.
- Official Transcripts and High School Diploma: You must be ready to present your official transcripts and diploma from high school while applying.
- You must present your letters of recommendation and a well-written essay.
- You should possess a basic knowledge of the physiology of skin & nails, understand the chemistry of colors as well as the effects of beauty products, etc.
- You should be creative and be able to adjust to client needs
Conclusion
These online cosmetology schools listed above are the ones with financial aid that you can apply to. Financial aid will help you settle some costs of studying and enable you to study without hassle.
Shoot in your application to any of the schools that best catch your interest, and start your cosmetology career.
