According to a report by CNN, as the rest of the economy was tanking between 2007 and 2009, barbershops and salons were booming. And, according to ABC News, the cosmetics industry is worth an estimated $2.5 billion. While people scrimp and save in a lot of areas in their life, most people still want to look good for interviews, dates and more, and so they’re still willing to spend money on cosmetics, hair products, treatments, and styling.

Cosmetology represents an interesting and growing market, but to really succeed in that market, a degree in cosmetology is essential. While this may not be quite as expensive or time-consuming as a 4-year degree from a college or university, cosmetology school still can be pretty expensive.

Reap the Benefits of Cosmetology Scholarships

Whether you want to open your own hair and/or nail salon or day spa, or you’d like to become a makeup artist for the stage and screen, you can achieve your dreams of a successful career in cosmetology through scholarships for cosmetology majors.

What are the benefits of getting scholarship money for your cosmetology education? Without financial aid, you’ll have to work full-time and then some to pay for school. You won’t have time to even attend class, let alone sleep, study, or practice.

By getting approved for student loans through the Free Application for Federal Student Aid (FAFSA) and/or independent lenders, you may be able to get student loans to fund your education and free up your time so that you can get to class and practice your new skills. However, these loans leave you burdened from the day you graduate with thousands of dollars in student loan debts. These debts deter a lot of would-be cosmetologists from attending school and furthering their careers.

However, with scholarships for cosmetology majors, you can experience a number of benefits that can help you not only pay for your education but also perform better in your classes. When your tuition and/or fees and bills are all paid for, you won’t have to hold down a full-time job and attend classes, too. You might still need to work part-time, but you’ll have a more time to focus on class and studying.

How to Find Cosmetology Scholarships That You’re Eligible For

So, how can you find scholarships for cosmetology majors? First of all, reach out to some of your favorite cosmetics companies and beauty supply brands. These companies have founded their success on beautification, and they will sell a lot more products when people see what they can do with those products. So you can see how qualified cosmetologists help the cosmetics industry thrive, right? Because companies in this industry know that you’re essential to their success, they want to help you succeed. Two of the most well-known industry scholarships available every year are:

Sally Beauty – Each year Sally Beauty gives away $1000 to 7 lucky high school seniors entering the field of cosmetology. They also award six $500 scholarships to beauty professionals for further education, as well.

Great Clips – This nationwide salon gives away $100,000 a year through their Alice Madden Barton scholarships. While they don’t sell cosmetics, they hire cosmetologists to take care of their clients. If more talented hairstylists go to cosmetology school and become qualified to work in their salons, Great Clips will be able to better serve their customers. Interested candidates can apply for the Great Clips scholarship by June 30th or December 31st.

In addition to these above, there’s also the Beauty Schools Directory’s $2500 cosmetology scholarship, which is available for anyone who’s ready to start a promising career in cosmetology. Just fill out a few fields with your contact information and provide short synopses of what inspired you to get into the beauty industry, why you want to go to cosmetology school, and where you’d like to see your career in 10 years. While the application deadline for 2015 has passed for this scholarship, students applying for the 2016 school year should keep this scholarship in mind.

You can also find scholarships for cosmetology majors when you search through the US Department of Labor’s scholarship search site. Just type “cosmetology” into the keyword search box, and you’ll find several cosmetology scholarships that you could be eligible for. You can also find quite a few cosmetology scholarships at ScholarshipChart.com too.

What’s Involved in the Application Process?

When you think of scholarship applications, you probably think of writing essays and proving your leadership and academic achievements. Most scholarships for cosmetology majors do not require an essay or personal statement. However, most of them will want to see at least one letter of recommendation from a teacher, counselor, supervisor, or someone else who can accurately give a good description of your character, work ethic, and goals.

Though you can fill out a lot of these applications in an afternoon, don’t wait until the last minute to start applying. As soon as you find a scholarship for cosmetology majors that you think applies to your situation, read through the instructions and requirements thoroughly. Then write down its deadline and set up a list of the things you’ll have to do to apply for it.

With that list, you can create a timeline for applying for this and other scholarships. Keep the information you gather for each scholarship organized in one place so that you don’t have to do all that legwork over and over again. For example, if you had to get your tax information and your parents’ tax information from last year for one application, don’t just stuff that in a drawer and forget about it. Keep it nearby because you’ll probably need to use it for another application.

If you do have to write an essay or personal statement, think of it as an opportunity to talk about your passion for cosmetology. What drives your love for the beauty industry? Why do you want to be a cosmetologist, and where do you see yourself in the coming years? With a scholarship for cosmetology majors, you could be following your dreams in no time, without racking up thousands of dollars in debts.

Search and Apply for Scholarships on ScholarshipChart.com

ScholarshipChart.com helps students and parents search and apply for scholarships, grants, awards and other financial aid options to help pay for college. Whether you are a high school senior starting college or a single mom going back to school, you can find money for college through ScholarshipChart.com.