Posted on July 19, 2015 in Career Grants
If you've always been good at cutting and styling hair, then you've probably considered cosmetology school at some point. However, like any other school, it can be expensive to pay for, and that may have deterred you in the past. The good news is that there are cosmetology grants available to motivated individuals who want to join the world of cosmetology and eventually start their own business.
How Cosmetology Grants Work
First, let's define what a grant is because it's different than a scholarship. A grant is a specific sum of money awarded to an individual based on need, and that individual does not have to worry about repaying the grant. It is not a loan. A scholarship is similar, but the difference is that it is merit-based rather than need-based.
If money is the only reason you've put off going to school, then it's time to seek out a grant to help you start your new career. The process is simple: find cosmetology grants, apply, and then go to school. That's a simplified version of the process, but accurate all the same. The hardest part is finding the grants, but even that is easy if you have access to the Internet.
Once you apply for the grant, a committee will compare your information to that of the other applicant's, and then make a decision based on who they believe has the most need. The amount offered by each foundation varies, but you can find grants that range from $500 to $2,500.
Once School is Completed
The grants you can find for cosmetology are designed to help cover the costs of your tuition, but what are you supposed to do once you're done with school? Well, it really depends on what you want to do. You can start out in an established beauty shop and pay a booth rent to help establish yourself, or you can go full out and get your own place. If you choose the former, you may not need any extra money to get started. However, if it's the latter, then you need to start considering small business financing options. Either way, you can look into small business grants to continue pursuing your dream.
Best Source for Cosmetology Grants
One of the best places to find more information about cosmetology grants, and how to get them, is beautyschool.org. The website has a ton of resources if you're considering a career as a hair technician or esthetician, and it also gathers all of the latest information on grants, scholarships, and deadlines for both.
One of the most common grants for cosmetology is the ACE grant, which is directly offered by all participating schools. You can request a brochure from the school of your choice, or you can get information from beautyschools.org. On the plus side, beautyschools.org offers a direct contact if you have questions about the application or process, so whether you go through a school or this organization, you'll receive all the help you need to get a grant for cosmetology school.