FINANCIAL AID

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Interested in The Studio Academy of Beauty?

Close-up of a student stylist carefully working on a client’s hair during a salon service at The Studio Academy of Beauty

We’re Here to Support You

At The Studio Academy of Beauty, we believe in making your dreams of a thriving career in the beauty industry accessible and achievable. Our commitment extends beyond delivering top-notch education — we are dedicated to helping you navigate the financial aspects of your journey. If you’re thinking about enrolling in cosmetology, hair styling, or other programs, know that it’s possible to make beauty school more affordable through federal financial aid, scholarships, and so much more!

Student stylist wearing a Studio Academy of Beauty shirt straightening a client’s long hair with a flat iron during a salon floor appointment

Scholarships Opportunities

Scholarships are also an effective way to pay for beauty school. Many organizations offer scholarships for beauty school students that don’t have to be repaid. Common sources include:

Tips for finding scholarships:

Start your search early—many scholarships have deadlines months before your program begins.
Read the eligibility criteria carefully and confirm you meet all requirements before applying.
Apply to multiple scholarships to increase your chances of receiving funding.
Keep your applications organized; track deadlines and requirements for each scholarship.
Proofread your applications—typos or errors can disqualify you.

Some scholarships are available even after you’ve enrolled, so keep searching for opportunities you may qualify for.

Explore Your Financial Aid Options

Discover a range of financial aid options tailored to your needs. As an accredited institution, we accept payments through Pell Grants and Direct Student Loans for those who qualify. Applying is simple; you can fill out the FAFSA (Free Application for Federal Student Aid) form online at https://studentaid.gov/ using our school code 041529.
Need assistance? Feel free to call or visit us, and our team will guide you through the process.

Most Common Aid Options

Pell Grant

The Pell Grant is a need-based federal grant, providing financial assistance that does not require repayment. Awarded based on your financial need, this grant aims to make education more accessible.

Subsidized Loans

Subsidized loans are need-based, with the government covering the interest while you are in school, during the grace period, and during deferment. This provides you with a financial advantage, as the interest does not accrue during these periods. Eligibility is determined based on financial need.

Unsubsidized Loans

Unsubsidized loans, on the other hand, are not need-based, and interest begins accruing from the time the loan is disbursed. While you have the option to defer interest payments until after graduation, choosing to pay interest while in school can save you money in the long run.

Student cosmetologist in a pink apron curling a client’s hair while another student observes during hands-on training on the salon floor

GI Bill® Educational Benefits

As a certified institution by the U.S. Department of Veterans Affairs, we proudly offer educational benefits under the GI Bill®. Veterans and their eligible family members can learn about eligibility and how to apply on the official U.S. government website: https://www.benefits.va.gov/gibill

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).

Applying for Federal Loans

To apply for the FAFSA, you’ll need three main things:

01

Personal Information:

Social Security number (SSN): Used to verify your identity and link your tax information to the FAFSA form.

Federal Student Aid (FSA) ID: Your username and password for accessing Federal Student Aid’s website and services. Create one for free at https://studentaid.gov/
.

Driver’s license (optional): Helpful for identity verification, especially if you haven’t established a credit history.

02

Financial Information:

Federal tax information: This could be your IRS W-2 forms, your tax return transcript, or your actual tax return. You can use the Data Retrieval Tool on the FAFSA website to automatically transfer your tax information from the IRS: https://studentaid.gov/
.

Current asset information: The current balances of your savings and checking accounts, and the value of any investments (stocks, bonds, and real estate—excluding your primary residence).

Income information (if applicable): Report any untaxed income, such as child support received.

03

School Information:

College codes for the schools you’re applying to: Make sure to use our code 041529. This helps determine what you may qualify for at our Arizona beauty schools.