Lots of people want (and should!) go to beauty school, but the price of education can be a deterrent. While the sticker shock might send you running, don’t let the tuition cost keep you from attending beauty school! There are plenty of options out there to help you pay for school.
Scholarships for Cosmetology Schools
There are lots of scholarships available for students pursuing a career in cosmetology.
Beauty Changes Lives Scholarships The Beauty Changes Lives Foundation offers scholarships and celeb mentorships throughout the year. Opportunities are available for prospective & current students, as well as licensed cosmetologists. For more information, visit www.beautychangeslives.org/scholarships
Vidal Sassoon Professional Beauty Education Scholarship Program – Basic www.beautychangeslives.org/scholarships
ACE Grant ACE Grants are designed to help you begin your career in cosmetology. ACE Grants are the first ever industry-wide effort to encourage highly motivated and qualified individuals to join the world of cosmetology.
OPI & AACS ACE Scholarship Program As part of OPI’s ongoing scholarship program, 9 students annually who are attending AACS member schools will each be awarded a $500.00 scholarship from OPI. Students must be enrolled, or in the process of enrolling, in a cosmetology related program at an AACS member school to qualify. Winners will be selected based on an essay and one industry recommendation. For more information contact Your New School at firstname.lastname@example.org
Sport Clips & American Crew ACE Scholarship Program Through the ACE (Access to Cosmetology Education) Scholarship Program, up to 20 Cosmetology Students who are enrolled at an AACS member school, will each be awarded a $1,000 scholarship provided by Sport Clips/American Crew. For any questions please send all inquiries to email@example.com
Beauty Schools Directory $2,500 Cosmetology Scholarship Future students of the beauty disciplines – including cosmetology, barbering, esthetics and skin care, nail technology, makeup artistry and several others – can apply for these $2,500 scholarships for cosmetology school. This beauty school scholarship is awarded four times per year, and may be used at most schools nationwide. The scholarship recipient is selected from the pool of individuals who submit their scholarship applications before the deadline each quarter, and meet the eligibility criteria outlined in the rules. Deadlines: January 31, April 30, July 31 and October 31 each year. For more information go to www.beautyschoolsdirectory.com.
The Joe Francis Haircare Scholarship Foundation The Joe Francis Haircare Scholarship Foundation was established in 1994 by his wife of 39 years, Flo Francis, and the many people whom Joe Francis advised and mentored to their own success in the industry. The mission of the foundation is to help deserving students receive financial assistance for the professional training necessary to build successful, long-term careers in the cosmetology industry. Applications are accepted January 1st through June 1st each year. For more information go to www.joefrancis.com
In addition to beauty school scholarships, you can find scholarships based on your ethnicity, volunteer activities, religion and more.
Government Loans and Grants
Need to take a loan out to pay for school? Government loans aren’t just for four year universities; you can get loans to help with cosmetology school, as well. Students enrolled in an approved beauty school are eligible for a Federal Direct Subsidized Loan. To be eligible, students must be enrolled at least half time in an approved program leading to a degree or certificate. These loans have low fixed interest rates, payment deferments, and a six month grace period following your beauty school graduation. If you qualify for this loan, the government will pay the interest as long as you are enrolled in school. Direct Subsidized Loans are only available to students who can demonstrate financial need.
The Federal Direct Unsubsidized Loan is pretty similar because it available to students enrolled at least half time in an approved program leading to a degree or certificate.They also offer low fixed interest rates, payment deferments and grace periods after graduation. The interest, however, must be paid by the student. If you’re going to apply for a loan, you need to fill out your FAFSA.
Sallie Mae Student Loans
Sallie Mae offers private student loans for students who are attending college. They offer multiple repayment options, competitive interest rates, and no origination fee. If you can’t get a federal loan, Sallie Mae is a great option to pay for school.
The best way to pay for beauty school is to save for it. Just like any important expense in your life, you’ll need to save up some money to pay for it. Create a budget and figure out how much you can set aside each month for your education. Your future should be a top priority, so if you can cut back in other areas in order to save for beauty school tuition, you should.