If you want to explore beauty school but are worried about paying for school, you’re not alone! Many of our students receive financial assistance to pay for school.
Don’t let money fears stop you from taking the first step to changing your life.
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At Nathan Layne Institute, our team strives to help all who want to attend gain access to the financial assistance they need so that money matters aren’t a barrier to higher education. When you connect with our Admissions team, a staff member in charge of Financial Aid will work with you every step of the way to secure a customized aid package that fits your situation.
Ways to Pay for Beauty School
Financial aid can come in many forms. Here are the major sources of funding that many of our students rely on to help them reach their educational goals.
Scholarships
Scholarships are a first choice when it comes to funding your education, because this is money that you don’t have to pay back.
You can win scholarships from nonprofit organizations, foundations, industry groups, state governments, corporations, and more. It’s not the case that scholarships are just for those pursuing 4- or 2-year degrees: beauty and barbering students are also eligible for many scholarships aimed at helping students of vocational or trade programs.
Some places you can start to browse active scholarships include bold.org, Beauty Schools Directory, and Beauty Changes Lives.
We also offer our own scholarship, a Careers That Work Scholarship, to up-and-coming high school graduates. Be sure to ask our Financial Aid representatives about scholarship deadlines.
Grants
Similar to scholarships, grants provide funding for education that doesn’t need to be paid back. Typically, grants are awarded based on financial need. Talk to the Nathan Layne Institute’s financial aid specialists to understand what grant options you may be eligible for.
Student Loans
Loans are money that you borrow, and these are either private loans or federal government loans. Federal loan aid has the advantage of offering generally more favorable interest rates and repayment plans.
As an institution accredited by the National Accrediting Commission of Career Arts and Sciences (NACCAS), our school is qualified to offer federal financial aid to eligible individuals.
To qualify for federal financial aid, you’ll need to apply and be eligible for a loan. Talk to us to find out if you’re eligible.
Financial Assistance for Veterans
Nathan Layne Institute proudly offers grants, loans, and scholarships to U.S. military veterans. This is an especially fantastic opportunity for service members finishing their current contract with the military and looking for their next chapter in civilian life. This assistance also applies to military spouses.
We have the experience and knowledge to help you utilize the GI Bill® when applying to cosmetology school. GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).
More information about education benefits offered by the VA is available at the official U.S. government website at benefits.va.gov/gibill.
