Financing Your Education

 

Planning how to finance your education? Tuition rates include student kits, iPad, textbooks and state board fees (excluding instructor program). Students may be able to help finance their tuition with financial aid and other resources. Federal financial aid is available to qualified students for our cosmetology, barbering, massage therapy, esthilogy and Ayurveda esthetic programs. Learn about Financial Aid, as well as scholarships and payment plans, to start planning for your future.

FINANCIAL AID

The Institute of Beauty and Wellness offers Federal Financial Aid for those who qualify. To apply for Federal Financial Aid, students are required to complete the Free Application For Federal Student Aid (FAFSA). Log on to www.FAFSA.ed.gov to submit your application. Financial aid awards are dependent upon student completion and the timely return of necessary paperwork.

 

The Institute of Beauty and Wellness’ code: 038083

Watch and Learn: Federal Financial Aid

Still have Finaid questions?

 

Check out these additional resources on Federal Financial Aid.

 

• Frequently Asked Questions About Financial Aid and Tuition

 

• The Institute of Beauty and Wellness “2019 Annual Security Report”

A printed copy of the report can be requested by calling The Institute of Beauty and Wellness’ Financial Aid Department at 414.319.7581 or by e-mail to gregory@ibw.edu.

 

• The Institute of Beauty Wellness’ Satisfactory Academic Progress Policy

 

• The Institute of Beauty and Wellness’ Title IV Credit Balance Policy

 

• The Institute of Beauty and Wellness’ Return of Title IV Funds Policy

Net Price Calculator

 

The net price calculator is a tool for students to use to get an estimate of what is may cost to attend the cosmetology program at The Institute of Beauty and Wellness each year. It is important for you to understand that the information you receive from the calculator is a very broad estimate. Please note: cost of attendance and financial aid availability change year to year.

View the 2016-2017 Net Price Calculator »

The Institute of Beauty and Wellness Title IV Loan Code of Conduct

 

The Institute of Beauty and Wellness observes federal regulations regarding student loan requirements. The Institute of Beauty and Wellness 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”

 

A printed copy of the Title IV Loan Code of Conduct can be requested by calling The Institute of Beauty and Wellness’ Financial Aid Department at 414.319.7581 or by e-mail to gregory@ibw.edu.

PAYMENT PLANS

 

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

 

Down payments are due one week 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. He/She may be required to incur additional and/or events not to exceed $100.00. The students obligation to pay these sums at these times is without regard to student qualification for financial aid from any other source.

SCHOLARSHIPS

 

Every student is eligible for a $500 scholarship from The Institute of Beauty and Wellness. To apply, create a minimum 30-60 second minimum video. In your video, use your creativity to describe why you are entering the industry. Also include the reasons why you chose to attend The 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 Institute of Beauty and Wellness and Aveda Institute 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.

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