Cosmetology-Beauty School

The Booming Field of Cosmetology

Cosmetology has gone from being a trade to being an artistic profession.  The thousands of next generation elite hairstylists, makeup artists, estheticians, beauticians and new world barbers entering pricey cosmetology schools are looking for the money to pay for these tuitions.

Cosmetology students are not eligible for Federal student loans because they do not lead to a traditional degree.  Unfortunately, you cannot use standard private student loans either, and the economic downturn has led to the suspension of many student loan programs that extended credit to students in non-traditional programs. Cosmetology schools do not typically offer loans to their students. So what are your options for paying for beauty school?

Finding Funds for Your Cosmetology Degree

The sources for specifically educational loans for programs such as cosmetology have dwindled down to very few.

Popular loans that cover cosmetology education include products from this well-known, reputable lender:

  • ·Sallie Mae offers the Continuing Education Loan and the Career Training Loan, which both have features that make them appropriate for cosmetology students. You can find details at

Student loans that will help you pay for cosmetology school are private, credit-based financial products. Features of most trade school and continuing education loans include variable interest rates and high loan limits that let you borrow up to the full cost of your education plus expenses. Private lenders will only give you an educational loan if your school is accredited.


If you have bad credit or no credit, there is still hope. Line up a credit-worthy co-signor and apply to Sallie Mae. Making regular payments on your loan when you have started your new career in the beauty industry will build your credit, too.