Investing in your future is a smart move…

but what’s even smarter is getting some help with the cost! Here at Metro Beauty Academy, we’re just as dedicated to your future as you are, so we work hard to help you find the help you need to get started.

Financial Aid – Support and Guidance

If you need assistance during your Application Process, you will find the following contact info useful.

  • Contact Metro Beauty Academy’s Financial Aid Department – Toll Free at 1.888.782.7221
  • Call the FAFSA Hotline at 1.800.433.3243
  • Click on the ‘Help’ or ‘Help Live’ buttons at www.fafsa.ed.gov.
  • Visit online resources listed below.
  • Visit www.finaid.org – a useful website for understanding Financial Aid.

calculator-2-xxlNet Price Calculator

Use your Net Price Calculator to receive an estimate of how much students similar to you paid to attend Metro Beauty Academy in previous years.

Open the Net Price Calculator

There are numerous scholarships available to students in the health and beauty fields. Here are just a few to get you started. (use current list of scholarships from our website)

Beauty Schools Marketing Group – $2,500 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 Scholarship at www.beautyschoolsdirectory.com

Beauty Changes Lives Scholarships

  • The Beauty Changes Lives Foundation offers scholarships to prospective and current students in Cosmetology and Massage Therapy.
  • Learn more today by visiting www.beautychangeslives.org/scholarships

Joe Francis Haircare Scholarship

  • Joe Francis Haircare offers $1,000 scholarships for students enrolled or applying to Cosmetology school.
  • For details, visit www.joefrancis.com

OPI Scholarships

  • OPI offers scholarships to students in Cosmetology related programs.
  • Visit us at www.beautyschools.org for application information.

American Massage Therapy Association – Massage Therapy Journal $5,000 Scholarship

  • Contact: gro.egassamatma@spihsralohcs or call 877.905.2700

Financial Aid – Support and Guidance

If you need assistance during your Application Process, you will find the following contact info useful…
Contact Metro Beauty Academy’s Financial Aid Department – Toll Free at 1.888.782.7221
Call the FAFSA Hotline at 1.800.433.3243
Click on the ‘Help’ or ‘Help Live’ buttons at www.fafsa.ed.gov.
Visit online resources listed in our ‘Important and Helpful Links‘ section.
Visit www.finaid.org – a useful website for understanding Financial Aid.

Financial Aid at Metro Beauty Academy

Financial Aid at Metro Beauty Academy is intended to assist students with educational expenses and essential cost-of-living expenses. Financial Aid Funds are awarded primarily on the basis of financial need* and are coordinated to supplement parental support, student employment earnings, savings and assistance from other sources.

This financial need* is what determines the amount of aid. Every student, every family and every financial aid package are different. The Federal Financial Aid Programs available to Metro Beauty Academy students include Pell Grants, Federal Stafford Loans and Federal Parent PLUS Loans. Our Financial Aid Dept will assist every student that needs help with a customized and hands-on approach.

* Financial Need – Federal Student Aid is awarded on the basis of financial need. Financial need is the difference between your cost of education at Metro Beauty Academy and an amount (determined by the government) that you and your family are expected to contribute towards your education. A standard formula used for all applicants determines this amount, which is called the Expected Family Contribution (EFC). The information you report on your Free Application for Federal Student Aid Application (www.fafsa.ed.gov) is used to calculate your contribution. The amount remaining after subtraction the expected contribution from your cost of education is considered your financial need*.

General Eligibility

To be eligible for most programs students must meet the following general requirements:

  • Must be a United States citizen or an eligible non-citizen.
  • Must be enrolled at least part-time in one of Metro Beauty Academy’s Programs.
  • Must maintain Satisfactory Academic & Attendance Progress while attending Metro Beauty Academy.
  • Cannot be in default of previous loans
  • Men 18 years of age & older must be registered for the selective services

Federal Loan Online Entrance Counseling and Database

All Federal Student Loan Programs require Entrance Loan Counseling before the first federal loan proceeds can be applied to students accounts. The counseling session provides information about how to manage your student loans, both during and after college. It is critical that the student, and NOT the parent, completes the counseling session so as to ensure they understand the responsibilities of borrow and student loans.

This part of the process can be done online at www.studentloans.gov. If any student needs guidance, please contact Metro Beauty Academy’s Financial Aid Dept. Please note you may need up to 30 minutes to complete the counseling. You will need your Social Security number, Driver’s License number and two persons personal information (name, address, phone) for references.

The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that recipients of Title IV Aid can access and inquire about their Title IV loans and/or grant data. More detailed student loan information published by the Department of Education is available at www.nslds.ed.gov.

Finding Financial Assistance

Step 1 : Complete your Career Planning interview with MBA’s Admissions Dept. and become accepted at Metro Beauty Academy. Discuss financial options with Metro Beauty Academy’s Financial Aid Dept.

Step 2 : Create a Personal Identification Number (PIN) at www.pin.ed.gov. This step is critical as the PIN gives a student online access for updating, correction and accessing their entire federal financial aid package.

Step 3 : Complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. Metro Beauty Academy’s School Code is #041580. Online instructions will guide a student and help is available at www.federalstudentaid.ed.gov/completefafsa. All steps in the FAFSA are FREE, so never pay for a company to help you apply.

The online application is advantageous and allows for access, corrections and a short processing time. Hitting ‘submit’ sends your application directly to the DOE and a confirmation will be provided for your records.

Inform MBA’s Financial Aid Dept. that you have submitted your FAFSA. Check your email often for your Student Aid Report (SAR).

Step 4 : Complete the Federal Direct Master Promissory Note (MPN). The MPN website allows a student to complete and sign their MPN online. The process for completing this MPN is quite simple and you need your DoE issued PIN to begin the MPN process. The Stafford Loan Master Promissory Note site is www.studentloans.gov/myDirectLoan/index.action.

View Accreditation PDF

Financial Aid – Support and Guidance

If you need assistance during your Application Process, you will find the following contact info useful…
Contact Metro Beauty Academy’s Financial Aid Department – Toll Free at 1.888.782.7221
Call the FAFSA Hotline at 1.800.433.3243
Click on the ‘Help’ or ‘Help Live’ buttons at www.fafsa.ed.gov.
Visit online resources listed in our ‘Important and Helpful Links‘ section.
Visit www.finaid.org – a useful website for understanding Financial Aid.