Frequently Asked Questions
Why should I choose Avenue Five Institute?
Here are 10 reasons why you should consider Avenue Five Institute!
How can I afford school?
Our Financial Aid counselors will work with you to make your education affordable. If appropriate, they will encourage you to apply for federal grants and scholarships — some of which don’t have to be paid back! Many of our students do qualify, making education quite affordable.
Is Avenue Five Institute accredited?
Yes. Avenue Five Institute is nationally accredited by the National Accrediting Commission of Career Arts & Sciences, Inc..
What does accredited really mean?
Not all beauty schools are accredited, so it is a good idea to ask about this prior to selecting a school. There are a number of benefits to attending a school that is nationally accredited. Not only does accreditation make it possible for our students to participate in federal financial aid programs, but it also demonstrates that Avenue Five Institute meets stringent national educational standards.
When are the next classes starting?
For information on upcoming class start dates and availability, please refer to class start dates.
How long is the program?
For information on class length and schedules, please refer to the cosmetology and esthetics pages.
Will I get a job after I graduate?
Many of our graduates have gone on to pursue successful careers but we cannot guarantee employment. There are many ways that we support students and graduates including the use of job boards, resume classes, and networking opportunities.
How do I apply for Financial Aid?
Go online to www.fafsa.gov to submit a Free Application for Federal Student Aid. Our school code is 041607.
Will Avenue Five Institute be notified once I have applied for Financial Aid?
Yes, if you use the school code 041607 when applying. It takes approximately 10 business days from the date that you submit the FAFSA, for the school to receive it. Once we receive your FAFSA we will email you eligibility information.
Why does the FAFSA give me a different eligibility amount than the Financial Aid office?
The figures that the FAFSA provide are generic and based on attendance for a full academic year, or 900 hours. Avenue Five Institute will determine your eligibility based on your FAFSA results and your program length.
What is the difference between Pell Grants, Unsubsidized Loans, and Subsidized Loans?
A Pell Grant is a need-based grant that is generally only awarded to students who have not yet received a Bachelor’s degree. A Pell Grant does not have to be repaid. A Subsidized Stafford Loan is available to those that demonstrate financial need. The government will pay the interest that accrues while you are in school at least half-time. Payments begin 6 months after you leave school. An Unsubsidized Stafford Loan is available to all eligible students regardless of financial need. Interest begins accruing as soon as the loan is disbursed. Payments begin 6 months after you leave school.
What is a Master Promissory Note and Entrance Counseling?
A Master Promissory Note (MPN) is the electronic loan agreement that you will sign if you wish to receive any federal loans. Entrance Counseling is an information session that must be completed online prior to the receipt of any federal loans. Both of these items can be completed online at www.studentloans.gov.