Financial Aid is available for those who qualify. Myrangel Beauty Institute’s financial aid staff is here to answer your questions. Call (704) 697-1447 or book a tour of our school and meet the staff. Below are some resources and links to help you get started.

https://studentaid.gov/fafsa.ed.gov

Federal Subsidized Loans are available to undergraduate students with financial need. Your school determines the amount you can borrow, and the amount may not exceed your financial need. The U.S. Department of Education pays the interest on a Direct Subsidized Loan while you’re in school at least half-time, for the first six months after you leave school, and during a period of deferment.

Grants and scholarships are considered “gifted aid”. Usually, grants and scholarships do not have to be paid back. Grants tend to be awarded on needs based. Scholarships are usually awarded on merit. To find out more about grants and scholarships go to studentaid.ed.gov.

Loans are borrowed money that needs to be paid back usually with interest. Loans can be private, such as through a bank or other financial institution, or they can be public, federal government loans. To find out more about loans go studentaid.ed.gov.