FINANCIAL AID
See If Financial Aid is Available To You!
The student financial aid programs at Stage One The Hair School are designed to assist students who would find it difficult to attend without financial assistance.
Stage One The Hair School offers the following types of financial assistance:
- Federal Grants
- Federal Student Loans
Stage One The Hair School is approved by the United States Department of Education to offer the following Title IV programs for post-secondary education to eligible students:
- Federal Pell Grant
- Federal Direct Loans (Subsidized and Unsubsidized)
- Federal Direct PLUS Loans
What is the eligibility for financial aid?
- Be a U.S. citizen or eligible non-citizen
- Demonstrate financial need
- Hold a high school diploma, a general education diploma (GED)
- Be enrolled or accepted for enrollment as a regular student working toward a certificate in an eligible program
- Have a valid Social Security Number
- Make satisfactory academic progress
- Register with Selective Service
- Sign a Statement of Educational Purpose and a Certification Statement on overpayment and default
How is financial aid determined?
The basis of determining a student’s financial need will be an analysis of the financial status of the student’s and/or the parents’ income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education.
Where can I find the forms?
- In your high school guidance counselor’s office
- In the financial aid office at Stage One The Hair School
- Via the U.S. Department of Education’s website – FAFSA on the Web www.fafsa.ed.gov
What is a Federal Direct Unsubsidized loan?
- Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need.
- Your school determines the amount you can borrow by considering the cost of attendance and other financial aid you receive.
- For an unsubsidized loan, you are responsible for paying the interest during all periods.
- If you choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan).
What factors determine financial need?
- Cost of attendance
- Expected family contribution
- Financial need
What type of student aid are available?
A Federal Pell Grant, unlike a loan, does not have to be repaid. Generally, Pell Grants are awarded only to undergraduate students who have not earned a Bachelor’s or professional degree. For many students, Pell Grants provide a foundation of financial aid to which other aid may be added.
What is a Federal Direct Subsodized loan?
- Direct Subsidized Loans are available to undergraduate students with financial needs.
- Your school determines the amount you can borrow, and the amount may not exceed your financial need.
- For a subsidized loan, the U.S. Department of Education pays the interest while you’re in school at least half-time, for the first six months after you leave school (referred to as a grace period*), and during a period of deferment (a postponement of loan payments).
How Is Financial Aid Determined?
The basis of determining a student’s financial need will be an analysis of the financial status of the student’s and/or the parents’ income. This analysis is accomplished by completing a Free Application for Federal Student Aid (FAFSA) distributed by the U.S. Department of Education.
Happy Graduates
“The best!! The Pivot Point curriculum is easy to understand and apply. The staff are extremely talented, friendly, and helpful. If you’re thinking about getting your cosmetology license I highly recommend Stage One!”
“I highly recommend Stage one the hair school! I have learned so much since I’ve started. The instructors are wonderful! The Pivot Point system they use to teach you about the fundamentals of hair and make up, skin and nails, make it so easy to follow and retain the information! If you are wanting to make a career in cosmetology, I suggest you call and set up that appointment to meet with the director! Who, is by far the most positive person.”
“Yesterday I started my first job as a licensed cosmetologist, I wasn’t nervous, only confident. It is because of the education I received at Stage One. From day one to graduation it is all hands on. I would recommend anyone to Stage One! The teachers are pretty great too.”
