Financial Aid
Financial Aid
- Title IV, Federal Financial Aid Assistance Available
- Options for Payment Plans
- Private Loan Program -
- Personalized Assistance
-Scholarship Programs
Follow These Steps to Apply for Financial Aid:
Step 1: Apply for a (FSA ID) Federal Student Aid Identification (user name & password)
- Apply for your FSA ID: https://studentaid.gov
- Your ID will enable you to access the Federal Websites, “sign” documents electronically, access your Student Aid Report (SAR) and make corrections to your FAFSA through the web. Both the parent and student must each apply for an FSA ID, using separate email addresses. If you have applied for aid in past years, you can reuse your FSA ID.
Step 2: Submit the FAFSA
- Submit your FAFSA: https://studentaid.gov/apply-for-aid/fafsa/filling-out
- You should file the Free Application for Federal Student Aid (FAFSA) as soon as you start to look at schools. The FAFSA is used by all schools/colleges to determine your Expected Family Contribution (EFC) and your eligibility for federal and state aid, including Pell Grants & Federal Student Loans. Most colleges also use the FAFSA to determine your eligibility for institutional aid.
- There is no fee involved in filing the FAFSA and all families are encouraged to apply regardless of their family circumstances.
Step 3. Complete your Federal Direct Loan Master Promissory Note: www.studentaid.gov
Step 4.
Complete your Federal Direct Loan Entrance Counseling: www.studentaid.gov
Step 5.
Set an appointment with our Financial Aid Office. Text or Call (215) 322-0667
Different Types of Financial Aid:
Your FAFSA application will help you apply for various types of Financial Aid.
Every student who meets certain eligibility requirements can get some type of federal student aid, regardless of age or income.
Every student who meets certain eligibility requirements can get some type of federal student aid, regardless of age or income.
Federal Pell Grants
– These government issued funds do not need to be paid back and are awarded to undergraduates who show financial need. You are ineligible for a Pell Grant if you already possess a bachelor’s degree or if you have defaulted on previous federal student loans.
The maximum annual award for the Federal Pell Grant program is determined annually by Congress and is $6895 for the 2022-2023 award year. Eligible applicants with an EFC of zero (0) on their FAFSA Report may be eligible for this award amount. Award amounts decrease as the EFC value increases, and EFC values in excess of 6206 are not eligible for Federal Pell Grants. You are considered INELIGIBLE for a Pell Grant if you already possess a bachelor’s degree or if you have defaulted on previous federal student loans.
Federal Direct Student Loans
– This is a need based loan program through the US Department of Education that can help you pay for your education. These loans must be repaid, with interest once you leave school.
Loan eligibility is based in part on dependency status. Students who are considered by law to be “Independent” can qualify for up to $9,500 for their first full academic year of training. Dependent students may be eligible to obtain student loans up to $5,500 for their first academic year. Lower income students who qualify may have up to $3,500 of the maximum amounts shown above, subsidized by the USDE. Subsidized loans are those for which the interest is paid by the USDE while a student is completing their training. Your loan counseling material will more fully explain the details of subsidized and unsubsidized loans. The amount of subsidized and/or unsubsidized loans for which you may qualify is based on the Cost of Attendance (COA) for the academic year less your EFC value and any other financial aid you may be receiving. Your award letter will provide you with the COA and the total amount of your federal aid eligibility for the school year. You should contact a financial aid officer at the institution for more details about your financial aid package and about the additional rules governing disbursement of federal aid.
BCSBC In-House Installment Payment Plan – A payment plan without compounded Interest or origination fees. This plan does NOT require you to go through a Credit check nor provide employment documentation. This is the most cost-effective way to pay for tuition! Make an appointment with the schools Financial Aid Office to see how this plan can work for you!
Pa Forward by Pheaa (PAF):
This is a student loan program through the Pennsylvania Higher Education Assistance Agency (Pheaa), which is the most cost-effective monthly payment option for all programs but especially our short term programs that are not eligible for Title IV Federal Student Aid. Contact the school's Financial Aid Office to get your questions answered about this loan option!
Scholarships:
Scholarships, like grants, do not have to be paid back. While the Bucks County School of Beauty Culture does not offer any in-house scholarships, we partner with different websites that do offer them! Please see the “Available Scholarships” section below for more information.
Available Scholarships:
AACS Certified School
- American Association of Cosmetology Schools
- https://www.beautyschools.org/students/grants-scholarships/ace-program/
Beauty Changes Lives
- https://beautychangeslives.org
- Since 2013, the beauty changes lives foundation has awarded over $3.1 million and over 580 scholarships to student and licensed pros in: cosmetology, barbering, nail, makeup, massage and esthetics.
Beauty Schools Marketing Group Scholarship
- Beauty Schools Marketing Group is offering a $2,500 cosmetology school scholarship to help cosmetology school students live their dreams! Apply for the Beauty Schools Marketing Group scholarship at https://www.beautyschoolsdirectory.com/cosmetology-school-scholarships.php.
Additional Scholarship Opportunities:
Veterans Educational Benefits:
We are a GI Bill ® Approved School
For more information on VA Benefits, please visit: https://benefits.va.gov/gibill/
GI Bill ® is a registered trademark of the US Department of Veterans affairs (VA)
Information about education benefits offered to veterans by the VA is available at the official US Government website: www.benefits.va.gov/Gibill
Median Debt:
Median Debt is the amount owed by student after completion of the program. Our calculation includes the 110 students that were enrolled, started or graduated in the academic year 7-1-2021 to 6-30-2022.
58 Students had NO debt scheduled to be paid after completion of their program.
52 Students (472%) had debt ranging from $2,029 to $14,021.
The Median Debt marker was $0.00, which was the 55th student.
The Calculation was done 06/27/2022 and documentation is available in the administrative office.
Additional Information:
Please Click on the School Catalog for Tuition & Supply Pricing
GI Bill ® is a registered trademark of the US Department of Veterans affairs (VA) Information about education benefits offered to veterans by the VA is available at the official US Government website: www.benefits.va.gov/Gibill
Share On: