Financial Aid & Scholarships
Funding Your Education
• Rosel School of Cosmetology is proud to offer FAFSA financial aid for qualifying students.
• FAFSA Financial aid offered for students in the Cosmetology, Esthetics, and Instructor programs.
• Assistance offered for all students applying for the FAFSA. Apply for the FAFSA to see how much aid you’ll qualify for.
• Our financial advisor will help you qualify for the maximum amount of aid possible.
• Flexible monthly payment plans are offered for all students, regardless of program or financial status.
Understand the Types of Aid Available
• Scholarships – Unlike loans, scholarships do not have to be paid back. Rosel School of Cosmetology, along with other schools, community groups and other organizations offer scholarships for students. Please consult with our academic advisor if you are curious about which scholarships you may be eligible for.
• Grants – These are government issued funds and do not need to be paid back. Students who demonstrate financial need are awarded the Pell Grant. Eligible students receive a specified amount each year under the Federal Pell Grant Program.
• Loans – Loans are borrowed money that is disbursed to students for their education. After graduation, the student borrower will be required to start making payments towards this loan. Interest usually needs to be paid with these loans. There are private loans and federal loans. Private loans are provided by third party organizations such as banks and credit unions. Federal loans are provided by the government.
Scholarships Available
In addition to financial aid, students can also apply for scholarships. These scholarships are offered by third party organizations, as well as our institution. In addition to the ones listed below, our school President may approve additional scholarships for certain applicants who demonstrate financial need, veteran status, or other conditions. Please contact us for more information on such scholarships. The American Association of Cosmetology Schools also has more scholarships listed on their website which can be found here. Listed below are a few scholarships which are offered by various organizations:
Federal Student Loan Options
Direct Subsidized Loan
Students who have a Direct Subsidized Loan wont be charged interest while they’re enrolled in school or during their six month grace period.
Direct Unsubsidized Loan
Students who have a Direct Unsubsidized Loan will have interest accumulating from the date of their first loan disbursement.
Direct Parent Plus Loan
Parents of dependent students may be eligible for this loan. Borrowers have to meet credit history and debt requirements. Repayment is amortized over 10 years.
