Your Education Goals Are Within Reach.
Financing your education can feel overwhelming, but at Penrose Academy, we make the process transparent, approachable, and achievable. With federal financial aid, scholarships, monthly payment plans and private financing options, we’re committed to helping you find the best path forward.
Why Financial Aid Matters
The thought of taking out student loans can feel unsettling, but when broken down into manageable payments, financing beauty school becomes more approachable. And with the right support, it becomes one of the most worthwhile investments you’ll ever make.
At Penrose Academy, we believe extraordinary careers start at extraordinary schools. That’s why our Financial Aid Team is dedicated to guiding you step-by-step, from your first FAFSA application to your final award package.
Types of Financial Aid
Federal Pell Grants
Need-based aid that does not require repayment.
Federal Direct Loans
Low-interest loans with flexible repayment options.
Federal Parent PLUS
Loans
Assistance for parents of dependent students.
Sallie Mae Smart
Option Student Loan
Private loan option for career training.
Every student’s aid package is different. Your eligibility depends on your FAFSA results,
financial need, and federal guidelines.
Simple Steps to Get Started
Create an FSA ID at
studentaid.gov (or update an outdated PIN). This ID gives you access to Federal Student Aid systems and acts as your legal signature.
Complete the FAFSA (Free Application for Federal Student Aid) at studentaid.gov
Penrose Academy’s School Code: 041753
Complete the Federal Direct Master Promissory Note (MPN) and Loan Entrance Counseling online with your FSA ID.
Our Financial Aid Team can help guide you through each step, ensuring your paperwork is accurate and your funding options are maximized.
Estimate Your Out-of-Pocket
Costs
At Penrose Academy, we want you to feel confident and informed about your financial commitment. Our Net Price Calculator provides a personalized estimate of what your education may cost, after grants and aid.
Please Note: This tool provides an estimate only. Actual awards depend on FAFSA completion, federal/state decisions, and institutional aid availability.
Private Financing Options
Sallie Mae Smart Option Student Loan for Career Training:
Designed specifically for students in career-focused programs like
beauty, esthetics, and laser training.
Estimate Your Out-of-Pocket Costs
Your Career Is Closer
Than You Think.
Your Career Is Closer Than You Think.
With the right financial support, you can stop worrying about cost and start focusing on your future. Let our team guide you through the financial aid process so you can take the next step toward your career in beauty.