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Financial Aid

This page provides general information on course costs and financial assistance. Those interested in enrolling should contact the school for specific information. Please call 314-868-8196.

What Types of Assistance are Available?

Elaine Steven Beauty College is approved to participate in the Federal Pell Grant Program, the Federal Direct Student Loan Program, and various State aid programs.
The Federal Pell Grant Program is an award program, and does not need to be repaid in most cases (examples of exceptions being very poor attendance and/or early withdrawal).

The Federal Direct Loan Program provides money to qualified students that must be repaid in full with interest. Students must be in school 30 days before receiving a student loan. By federal law, loan funds are sent to the school, and must first be applied to tuition, fees, and other school charges.

The amount of grant or loan a student may receive is determined by factors such as financial need, dependency status, family size, and family income, as well as program funding and the methodology used to calculate awards, which are determined each year by congressional act.

Both programs can be applied for by completing a Free Application for Federal Student Aid (FAFSA). This can be done online at home, or the school can assist the student/parent in the completion of this application during enrollment.

Students (and parent of a dependent student) will need to have an active FSA ID (Federal Student Aid username and password) for us to assist you. See below.

Our Federal School Code for completing the FAFSA online is 017209

When applying at home, please follow these steps:

  1. A student (and the parent of a dependent student) must first apply for a user name and password, called an FSA ID, if you don’t already have one. Your FSA ID will be used to electronically sign the FAFSA application online. To apply for an FSA ID, go to https://fsaid.ed.gov/npas/index.htm
  2. The student (and the parent of a dependent student) must then fill out the FAFSA at http://www.fafsa.ed.gov. Instructions for filling out the FAFSA are provided on the website.
  3. Enter in our school code: 017209 when asked which school you plan to attend.
  4. Should you have any questions regarding the FAFSA application, you can contact our school’s financial aid office.
    Completion of the FAFSA should be done at least 3 weeks prior to the student’s desired starting date.

State Aid programs (such as Vocational Rehabilitation and Veteran’s Educational Benefits) are generally based on qualifying factors other than financial need, and should be applied for through the appropriate state agency or office. The VA has a web page at www.gibill.va.gov that includes the ability for students to submit written inquiries, apply for benefits over the internet, or download forms.

What is the Deadline for Application

Students must complete their application (including submitting any required documentation) at least 2 weeks prior to the scheduled 1st day of class.
A new Federal Pell Grant Award Year begins every July 1st, and runs through the following June 30th, annually. Students can apply at any time throughout the year. Eligible students can receive 1 and 1/2 Pell grant per award year, per academic year. Elaine Steven Beauty College defines its academic year as 900 clock hours in at least 30 weeks.
As an example, a 1500 clock hour course such as Cosmetology is equal to 1 and 2/3 academic years (if an academic year equals 900 clock hours) and therefore a student in this course may qualify for up to 1 and 2/3 Pell grants, depending on their eligibility.

Courses or academic years completed in less than 30 weeks/900 hours must receive a pro-rated award of less than 1 Pell grant, as required by law.

Are Scholarships Available?

Elaine Steven Beauty College offers partial tuition assistance scholarships to graduating high school seniors of any Missouri high school. Students must be graduating with a cumulative grade point average of at least 2.0 to be considered eligible. Interested students may contact the Elaine Steven Beauty College admission’s office for more information.

Elaine Steven Beauty College offers its own graduates from the Cosmetology and Manicuring programs scholarship awards in the form of half-off the cost of tuition in the Instructor Training Program. Students must have graduated Elaine Steven Beauty College with at least a 90% average in both attendance and grades to be eligible.

Where Can I Get More Information?

Please contact the school admission’s office for an appointment if you are interested in enrolling. During your appointment, your admissions rep will answer your questions about financial aid, and help you determine the specific types of documentation you will need to apply.

(The links below will open a new browser window, so you can close it and return back here when you are done.)

If you would like more information on resolving defaulted student loans, please follow this link:

A Student Loan Borrower’s Guide to Defaulted Loans

The Student Guide is a comprehensive resource on student financial aid from the U.S. Department of Education. It covers the Department’s major aid programs, including Pell Grants, and answers many questions on student eligibility. You can request a free copy of the Student Guide by calling 1-800-4-FED-AID, or visit the Student Guide online by following this link:

The Student Guide to Federal Financial Aid

Code of Conduct Policy

Title IV  and Institution CODE OF CONDUCT POLICY

The institution establishes a Code of Conduct that is expected of all employees.  All employees are expected to provide a high quality of education and services, act with integrity and display fair treatment and respect for all.  Employees must conduct themselves with honesty, trustworthiness, efficiency, effectiveness and compliance with State and Federal laws, Board policies and Institutional system procedures.

Employees failing to comply with this Code of Conduct policy will be subject to disciplinary action, up to and including termination of employment, and under certain circumstances, criminal or civil legal action.

  1. Employees are obligated to avoid situations that involve potential conflict of interest, such as using your position to secure an advantage for yourself or your immediate family.
  2. Employees will not accept employment that directly conflicts with current employment, such as working for another school during off hours.
  3. Employees will not use time, facilities, equipment, computers or supplies for personal use or gain.
  4. Employees will keep all information related to staff and students confidential.
  5. Employees will not accept payment of expenses, gifts, compensation, rewards or other benefits in connection with their position or from any lender, guarantor, or loan servicer. This includes any employee who serves on an advisory board, commission or group established by a lender, guarantor, or group of lenders or guarantors.
  6. Employees will not enter into any revenue-sharing arrangements with any lenders.
  7. Employees will not steer borrowers to particular lenders or delay loan certifications.
  8. Employees will not offer funds for private loans to students in exchange for providing concessions or promises to lenders for a specific number of loans, a specific amount of loan volume, or a preferred lender arrangement.
  9. Employees will not request or accept from any lender any assistance with call center staffing or financial aid office staffing.
  10. Employees will not sell used textbooks, supplies or equipment to students or staff without the consent of the Owner of the school.
  11. Employees will not dispense any material related to school advertising, previous or current employers, or other related materials to anyone without prior approval from the Owner of the school.
  12. Employees will not enter into a romantic or sexual relationship with a student or another staff member.
  13. Employees will work in an atmosphere that is free from sexual violence or harassment.
  14. Employees will have a right to Religious Preferences.
  15. Employees will comply with the law regarding fraudulent and dishonest acts.Employees are required to report fraud or other dishonest acts to the Owner when they have a reason to believe such an act has occurred.   Fraud can include, but is not limited to, taking cash or other property, making false time and attendance reports, making false reimbursement claims, forging documents or reports, improper handling or reporting of financial transactions, altering student contracts or attendance documentation, or altering any other documentation/reporting relating to individual job responsibilities.
  16. Employees are prohibited from having firearms in the school or on school property.
  17. Employees are prohibited from consuming or carrying alcohol in school or on school premises.
  18. Employees will perform their job efficiently, safely and in a professional manner.


NACCAS Outcome Rates for 2018 (most recent year available) for 3 campuses combined (Elaine Steven Beauty College, Advance Beauty College Hannibal and Advance Beauty College Wentzville:

  • Completion Rate – 54.64%
  • Placement Rate – 84.91%
  • Licensure Rate – 90.00%

Elaine Steven Beauty College Campus Only Combined Programs Rate:

  • Completion Rate – 47.14%
  • Placement Rate – 84.84%
  • Licensure Rate – 100.00%

Elaine Steven Beauty College Cosmetology Rate:

  • Completion Rate – 40.98%
  • Placement Rate – 92.00%
  • Licensure Rate – 100.00%

Elaine Steven Beauty College Instructor Training Rate:

  • Completion Rate – 100.00 %
  • Placement Rate – 100.00%
  • Licensure Rate – 100.00%

Elaine Steven Beauty College Manicuring Rate:

  • Completion Rate – 87.50%
  • Placement Rate – 57.14%
  • Licensure Rate – 100.00%

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Financial Aid

Elaine Steven Beauty College offers financial aid in the form of Pell Grants and Direct Loans to students who qualify.

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Programs Offered

Cosmetology 1500 Clock Hours
Manicuring 400 Clock Hours (Not Currently Offering)
Instructor Training 600 Clock Hours

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Years of Experience

Elaine Steven Beauty College has pride in their rich and long history. We have years of experience educating the future of beauty.

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