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Financial Aid for Cosmetology school

Financial Aid Doesn't Have to be Tricky

Financial Aid for Cosmetology school

Financial Aid Doesn't Have to be Tricky

We are dedicated to helping students and parents understand the Financial Aid Process

SOHO Hair Academy participates in the following US Department of Education, Title IV student financial aid programs: Pell Grant, Direct Subsidized and Unsubsidized Loans, Federal PLUS Loans.

How It Works

1

Schedule a Tour at SOHO

See why SOHO is different – Take a tour of our campus to learn about our culture and our MasterClass education.

Contact Us

2

Fill out your Application

We'll collect some basic information and then reach out to you to discuss any questions you might have.

Apply Now

3

Complete your FASFA

If you think you'll need financial aid, you'll need to fill out the FASFA. Click Learn More for additional tips or click Apply Now for more information on what Financial Aid programs you are eligible to receive and complete the FREE APPLICATION for Federal Student Aid (FAFSA).

Learn MoreApply Now

Our school code is #007611

Types of Federal Assistance

Federal Pell Grant

A Pell Grant is money you don’t have to pay back. It is a grant you can get from the federal government for post-high school education based on your financial need.

Federal Direct Student Loan Program

SOHO Hair Academy has been selected by the U.S. Department of Education to participate in this governmental student loan program. This is a loan program where you must pay back the money that you borrow. The amount you borrow depends on need and the amount of help you get from other sources. On subsidized loans, the federal government pays the interest on the loan as long as you are in school. Six months after you graduate, you will begin a payment program.

Federal PLUS Loan

Your parents can get this loan if you are not eligible for other types of financial aid or you haven’t gotten enough from other sources to pay for school. If you are certified to be a dependent student, your parents can apply for a PLUS Loan.

SOHO Scholarship Opportunities

Every student at SOHO Hair Academy has the opportunity to to recieve Awards + Scholarships based on attendance, grades and performance.

We offer four unique awards that each come with a scholarship, giving everyone an opportunity to participate.  These Awards are based on Excellent Attendance and GPA, Referrals on the Clinic Floor and Business Metrics.

SOHO Academy Awards

SOHO Academy Icon Award – $5,000 Cash Scholarship*

SOHO Academy Star Award – $2,000 Cash Scholarship*

SOHO Academy Platinum Business Award – $500 Scholarship*

SOHO Academy Gold Business Award – $100 Cash Scholarship*

*Full Details will be shared after completion of Foundations.

Additional Scholarship Opportunities

Beauty Changes Lives offers scholarships to future beauty professionals.  You can read more information here.

Code of Conduct For Educational Loans

Iowa Code Section 261F.2 and Title 34 of the Code of Federal Regulations, Section 601.21, require the development, administration, and enforcement of a code of conduct governing educational loan activities. Our officers, employees, trustees and agents, including the alumni association, booster club, and other organizations associated with EQ School of Hair Design, agree to the provisions of this Code of Conduct and will refrain from:

  • Refusing to certify or delaying the certification of an education loan based on a borrower’s choice of lender.
  • Assigning a first-time borrower to a particular private education loan lender through the student’s financial aid award or another means.
  • Packaging a private education loan in a student’s financial aid award, except when the student is ineligible for other financial aid, has exhausted his or her federal student aid eligibility, has not filed a Free Application for Federal Student Aid, or refuses to apply for a federal student loan.
  • Accepting impermissible gifts, goods, or services from a lender, lender servicer, or guarantor. The institution may accept default prevention, financial literacy, or student aid-related educational services or materials, or other items of a nominal value.
  • Accepting philanthropic contributions from a lender, lender servicer, or guarantor that are related to the educational loans provided by the entity that is making the contribution.
  • Serving on or otherwise participating as a member of an advisory council for a lender, lender affiliate, or lender servicer.
  • Accepting from a lender or its affiliate any fee, payment, or other financial benefit as compensation for any type of consulting arrangement or other contract to provide education loan-related services to or on behalf of the lender.
  • Accepting fees or other benefits in exchange for endorsing a lender or the lender’s loan products.
  • Requesting or accepting an offer of funds for private education loans from a lender, in exchange for our promise to provide the lender with placement on a preferred lender list, or a certain number of volume of private education loans.

This institution is committed to providing the information and resources necessary to help every student achieve educational success. To accomplish this goal, the financial aid staff will consider each student’s individual needs.

A comprehensive Code of Conduct detailing permissible and impermissible activities has been provided to all of our officers, employees, and agents.

Click here to review the detailed Code of Conduct.