3 Ways To Finance Your Education

3 Ways To Finance Your Education

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Interested in beauty school, but don’t know where to start? Let us help you! At the Aveda Institute of Milwaukee and Madison we have a financial plan for everyone. We understand that finances are an important part of your education and want to supply you with all the helpful tips and information you need to make the process as easy as possible.  

What is included in tuition costs? Great question! Tuition rates include, student program kits, a new iPad, textbooks, and state board fees (excluding instructor program). Financing your advanced education can be tricky. As a student, you are able to finance your tuition costs with financial aid and other helpful resources. As a friendly reminder, federal financial aid is available to qualified students who are enrolled in our Cosmetology, Barbering, Massage Therapy, Esthiology and Ayurveda Esthetic programs.  

We will dive further into the necessary tools including financial aid, scholarships, and payment plans, to help further assist you in your future as a licensed provider. 

FINANCIAL AID 

Financial aid is a great tool to use as general way to help you finance your education. The technical portion of federal loans can be tricky, so ask questions if needed! You only need to apply for Federal Student Aid once. As soon as your application is submitted, our financial aid department will send you an offer, in which you can overview and adjust with your financial aid team if necessary.  

The Aveda Institute of Milwaukee and Madison does offer Federal Financial Aid for those who qualify. If you are interested in applying for Federal Financial Aid, you are required to complete the Free Application for Federal Student Aid (FAFSA).  

To apply: Log on to www.FAFSA.ed.gov and submit your free application. Financial aid awards are dependent upon student completion and the timely return of necessary paperwork. 

Additional Information: 

The Aveda Institute of Milwaukee and Madison’s code: 038083 

If you want to read more about financial aid and how it can further assist you and your education with the Institute of Beauty and Wellness, check out some of the additional resources below:  

Consumer Information – General 

Consumer Information – Financial Aid 

FAQ – Financial Aid & Tuition 

FAQ – Tuition 

 If you need a printed copy of these resources, feel free to request them by calling The Aveda Institute of Milwaukee and Madison’s Financial Aid Department at 414‐319.7581 or e‐mail gregory@ibw.edu. 

About the Net Price Calculator: 

The net price calculator is a great tool for you to use to get an estimate of the general cost of attendance for the cosmetology program at The Institute of Beauty and Wellness for each year. Please be aware that the information you receive from the calculator is a very broad estimate and it is subject to changeAs an additional note, the overall cost of attendance and financial aid does typically change from year to year, so make sure to plan accordingly. 

About the Loan Code of Conduct: 

The Aveda Institute of Milwaukee and Madison abides by federal regulations regarding student loan requirements. The Aveda Institute of Milwaukee and Madison Title IV Loan Code of Conduct is designed to create and ensure uniform student loan practices that focus on the best interest of borrowers. 

Click here for IBW’s “Title IV Loan Code of Conduct” 

If you would like a printed copy of the Title IV Loan Code of Conduct you can request a copy by calling The Aveda Institute of Milwaukee and Madison’s Financial Aid Department at 414.319.7581 or e-mail gregory@ibw.edu. 

PAYMENT PLANS 

Interest free payment plans are available. Please contact our admissions department to discuss payment options. 

For those interested in financing through the Aveda Institute of Milwaukee and Madison, down payments are due two weeks prior to the start of classes. The remaining balance is due according to the payment plan selected by the student at the time of enrollment. All tuition must be received in full no later than three weeks prior to graduation. You may be required to incur additional costs events not to exceed $100.00. Your obligation to pay these sums at these times is without regard to student qualification for financial aid from any other source. 

SCHOLARSHIPS 

Each student is eligible for a $500 scholarship from The Aveda Institute of Milwaukee and Madison. To apply, create a minimum 30-60 second minimum video describing your creativity and why you are entering the industry. Also include the reasons why you chose to attend The Aveda Institute of Beauty and Wellness compared to another school. To submit your video, email a video file, or a public video web link along with your social media handle to admissions@ibw.edu or admissions@aimadison.com 

By submitting your video, you give The Aveda Institute of Milwaukee and Madison permission to publish your video on the web, publication, or for other advertising. Scholarship must be submitted prior to enrollment. Video must meet all criteria for consideration. 

The Institute may offer additional scholarship(s) or incentive(s) to incoming students who have been accepted into a specific program of study. Funds are awarded based upon criteria set by The Institute. When a scholarship or incentive is provided by The Institute, any eligible candidate meeting the set criteria may apply. Eligible candidates may apply to multiple scholarships; however, each candidate is eligible to receive a maximum of one scholarship or incentive funded by The Institute per enrolled program. 

A variety of industry scholarships are also available to incoming and current students and can be combined with The Institute funded scholarships or incentives. Eligibility for industry scholarships may vary and are subject to change. Interested students should contact our admissions team to receive a current list of industry scholarships. 

VETERANS AFFAIRS BENEFITS 

The Institute is approved to accept the Federal GI Bill. Please contact our admissions department for more information. 

Move Through Beauty Benefit Virtual Beauty Show - Oct. 26 @ 7 p.m.

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