Tuition Assistance


Financial Aid Is Available For Those Who Qualify

Please Read: Wayne’s College of Beauty has applied for and has been approved for an emergency funds grant for our students during this national health crisis. Our institution has provided Certification and Agreement and the assurance that the institution has used, or intends to use, no less than 50 percent of the funds received under Section 18004(a)(1) of the CARES Act to provide Emergency Financial Aid Grants to students to the Department of Education.  Our school is happy to announce that we have received $36,231.00 in an Emergency Financial Aid Grants to Students and even happier to announce that we have distributed $36,231.00 of this grant money to students under Section 18004(a)(1) of the CARES Act as of May 15, 2020.

Wayne’s College of Beauty has 28 enrolled students that are eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act.

Emergency Financial Aid Grants Award amounts were determined by several criteria including but not limited to, length of the course the student is enrolled in, the hours completed, Satisfactory Academic Progress and Attendance.  Not all student awards were the same.  All eligible students were reviewed independently and the award amount received under Section 18004(a)(1) of the CARES Act is final.

The Higher Education Emergency Relief Fund (HEERF) is provided by the U.S. Department of Education and Wayne’s College of Beauty to assist with your housing and other unforeseen financial needs during this unprecedented national health crisis.

Take good care and we hope to see you back at Wayne’s College of Beauty soon!

Financial Aid


No two students have exactly the same financial circumstance.

We will help through every step of the process.

  • We create an individualized financial plan based on your application and eligibility.
  • We offer Financing Program funded through the U.S. Department of Education.
  • We explain your options and walk you through the financial assistance application process.

Wayne’s College of Beauty is approved to participate in Department of Education Title IV Funding, which include grants and loans.

Grants

PELL Grant – The Pell Grant is a need-based financial aid program from the federal government that is designed to help undergraduates from low-income families afford college. Grants don’t require you to pay any money back and don’t carry interest, unlike loans. Your eligibility and the amount you receive is determined by your financial need based on information you provided in the Free Application for Federal Student Aid (FAFSA).

FSEOG Grant – The Federal Supplemental Equal Opportunity Grant (FSEOG) is administered and can be part of the student’s overall aid package. The specific amount is set by the institution’s financial aid office depending on the student’s financial need, funds available at the school, and the amount of aid the student is already receiving.  The SEOG does not have to be re-paid.

In addition to Grants, Wayne’s College of Beauty is approved to participate in the Direct Loan Program.  You may qualify for the Subsidized Loan and/or Unsubsidized Loan.

Subsidized Federal Direct Loan – carries a fixed interest rate. The federal government pays the interest on the loan while you are at school and during your six month grace period after leaving school. Eligibility is based on need. Loans must be paid back.

Unsubsidized Federal Direct Loan – carries a fixed interest rate. You are responsible for the interest that builds on this loan while you are in school and during your grace period. Loans must be paid back.

We streamline the process. Enrollment is fast and hassle-free.

Do you have questions? Feel free to contact us today: (831) 443-4077

Apply for Tuition Assistance, www.fafsa.ed.gov.

School code: 020616