Opportunities
Scholarships
In addition to internal payment plan options and Federal Financial Aid there are many industry scholarship opportunities available to our students. Eligibility for industry scholarships may vary and are subject to change. We have listed out a few below that are specific to our program offerings. You can also visit the Federal Aid Student Resource page or fastweb.com, a scholarship search engine, to help you find scholarships available to you.
BEAUTY SCHOOL DIRECTORY
If you’re ready to begin a fulfilling and rewarding career in the beauty and wellness industry, or if you are continuing your education to pursue your next career goal, submit the application form below for the chance to win a $2,500 scholarship toward your tuition and education expenses.
AMERICAN ASSOCIATION OF COSMETOLOGY SCHOOLS
If you’re ready to begin a fulfilling and rewarding career in the beauty and wellness industry, or if you are continuing your education to pursue your next career goal, submit the application form below for the chance to win a $2,500 scholarship toward your tuition and education expenses.
BEAUTY CHANGES LIVES
Beauty Changes Lives is a nonprofit driven to make the beauty profession a first-choice career. They have awarded over 700 scholarships to future beauty professionals. With a rotating submission calendar, there are many opportunities for several programs such as, Cosmetology, Barbering, Esthiology and Manicuring with awards ranging from $1,000-$15,000. For further information, please visit the site below.
AMERICAN MASSAGE THERAPY ASSOCIATION
AMTA has student scholarships available on a rolling basis to support the next generation of massage therapists. To learn more and apply, please visit the site below.
BEAUTY SCHOOL DIRECTORY - MASSAGE THERAPY
Looking to reduce your MassageTherapy tuition or loan amounts? Scholarships can be extremely helpful. Learn more about scholarships specific to the bodywork industry by visiting the site below.
Apply
Admissions
Where should the required documents be sent?
Admission requirements, excluding contracts and official diplomas & transcripts, may be faxed to: 414.291.3968.
What are the requirements for the entrance exam?
You will need to take an entrance assessment should any of the following be applicable:
- GPA is 2.0 or below
- Copy of High School Diploma or GED does not verify GPA
- Homeschool or Foreign Diploma
Transfer Students
Applicants for transfer into The Institutes are considered on an individual basis. The Institutes, at their discretion, may refuse transfers if admission requirements, including tuition, cannot be met. The Institutes may accept transfer hours at their discretion. Program testing may be necessary. The Institutes may allow students to re-enter a program after they have withdrawn. If a student’s academic progress was unsatisfactory when he/she withdrew from the school and later wishes to re-enter school, the student will return under that same status. If a student withdraws with satisfactory academic progress, he/she may return under that same status without loss of credit, grades, or hours.
Foreign Applicants
If a foreign applicant provides a high school diploma or transcript, the admissions department requires that the applicant have an outside agency that is qualified to translate documents into English, confirm the academic equivalence to a U.S. high school diploma.
Admissions
Financial Aid + Tuition
How do I apply for Financial Aid?
Do I have to be enrolled to apply for Financial Aid?
No, you should apply as soon as you know that you are interested in attending school.
How do I know how much Financial Aid that I will be eligible for?
First, you and the Admissions Department have to determine what program and start date is best for you. Then the school’s Financial Aid Administrator can provide you a personalized Estimated Financial Aid Offer and Tuition Plan. This document will outline your total tuition, what type of Financial Aid you are eligible for, how much Financial Aid you are eligible for, and the estimated date of your Financial Aid disbursements. This document will also let you know if you have a remaining tuition balance because your financial aid eligibility is less than your total tuition, or if you have an overbalance because your financial aid eligibility is more than your total tuition.
I was notified by the school’s Financial Aid Administrator that my FAFSA was selected for verification, what does this mean?
The U.S. Department of Education randomly selects a student’s FAFSA for a review process called “verification” to ensure that the information reported in their FAFSA is accurate. As part of completing verification, you (and your parent, if you are considered dependent) may have to import your Federal Tax Return into your FAFSA, provide a signed and dated copy of your Federal Tax Return, provide a copy of your W‐2(s), complete and submit verification forms. Sometimes, before your financial aid eligibility can be accurately estimated, verification has to be completed. You may have to delay starting school to complete verification. No Federal Financial Aid can be applied toward your tuition until verification is completed. The school’s Financial Aid Administrator will communicate with you (and your parent, if you are considered dependent) about the verification process and requirements. Verification documentation has to be mailed to The Institute of Beauty and Wellness’ Financial Aid Department, 327 East Saint Paul Avenue, Milwaukee, WI 53202.
What is a Federal Pell Grant?
Unlike a loan, a Federal Pell Grant does not have to be repaid.
What is a Federal Direct Subsidized Loan? What is a Federal Direct Unsubsidized Loan?
Both are loans that have to be repaid. Both have a 6 month grace period which means that repayment does not have to begin until 6 months after your last date of attendance. The Federal Direct Subsidized Loan does not accrue any interest while you’re in school, for your grace period, and during a period of deferment (a postponement of loan payments). The Federal Direct Unsubsidized Loan does accrue interest while you are in school and during grace periods and deferment or forbearance periods. Your interest will accrue (accumulate) and be capitalized (that is, your interest will be added to the principal amount of your loan). The interest rate for Federal Direct Subsidized/Unsubsidized loans first disbursed on or after July 1, 2022 and before July 1, 2023 is 4.99%.
What is a Federal Direct PLUS Loan?
How do I confirm that I want all of the Financial Aid in my Estimated Financial Aid Offer and Tuition Plan?
After confirming my Estimated Financial Aid Offer and Tuition Plan, is there anything else that I need to do?
On my Estimated Financial Aid Offer and Tuition Plan, it shows that I have a remaining balance owed to the school, how I do pay this?
- Your biological or adoptive parent can apply for a Federal Direct PLUS Loan at https://studentaid.gov/ if you are a dependent student. (If your parent applies, please notify the school’s Financial Aid Administrator.)
- If your parent is denied on the Federal Direct PLUS Loan, you will be eligible for more in Federal Direct Unsubsidized Loans.
- You can be set up on an interest free payment plan to the school where you will have to pay a down payment before starting school and make monthly payments while you are in school.