Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 113, which is 63.00 % of all undergraduate students. 103 students which is 56.89% of undergraduate students received federal student loans and the average loan amount is $6,153.

For full-time, first-time beginning students (freshmen), 66.11% of students received grants or scholarships and 65% of students received student loans.


All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at American Academy of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 113, which is 63.00 % of all undergraduate students. 103 students which is 56.89% of undergraduate students received federal student loans and the average loan amount is $6,153.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14118 (55%)$3,549117 (54%)$3,436130 (60%)$5,897
2014-1590 (57%)$3,05790 (57%)$3,05784 (54%)$5,782
2015-1660 (53%)$3,09660 (53%)$3,09655 (48%)$5,570
2016-1784 (74%)$3,55684 (74%)$3,55672 (64%)$5,888
2017-18115 (72%)$4,478115 (72%)$4,428108 (68%)$7,668
2018-19124 (69%)$3,293124 (69%)$3,293118 (65%)$4,829
2019-20143 (65%)$3,365143 (65%)$3,36573 (33%)$10,442
2020-21144 (61%)$4,544144 (61%)$4,478132 (55%)$4,674
2021-22142 (61%)$2,650142 (61%)$2,650152 (65%)$4,626
Average113 (63.00%)$3,510113 (62.89%)$3,484103 (56.89%)$6,153
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 26 (66.11 % of students) received grants or scholarships and its average amount is $3,671. It can cover 22.73% of tuition & fees ($16,150).

In addition, 26 (64.56 % of students) students get helped from the students loans (average amount : $5,812).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1425 (61%)$3,70430 (73%)$5,659
2014-1510 (67%)$3,90610 (67%)$6,790
2015-168 (42%)$4,13711 (58%)$6,575
2016-1724 (75%)$3,77817 (53%)$6,523
2017-1810 (91%)$4,2929 (82%)$6,534
2018-1913 (65%)$2,98411 (55%)$4,919
2019-2040 (71%)$3,58540 (71%)$5,607
2020-2155 (66%)$3,28353 (64%)$5,321
2021-2248 (57%)$3,37349 (58%)$4,382
Average26 (66.11%)$3,67126 (64.56%)$5,812
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 26 (65.89 % of students) received Pell (federal) grants and its average amount is $3,595.

In addition, 1 students received State/local government grants/scholarships (9.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1424 (59%)$3,775----3 (7%)$667
2014-1510 (67%)$3,906------
2015-168 (42%)$4,137------
2016-1724 (75%)$3,778------
2017-1810 (91%)$3,710--1 (9%)$5,824--
2018-1913 (65%)$2,984------
2019-2040 (71%)$3,585------
2020-2155 (66%)$3,1101 (1%)$9,500----
2021-2248 (57%)$3,373------
Average26 (65.89%)$3,5951 (1.00%)$9,5001 (9.00%)$5,8243 (7.00%)$667
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 26 (64.56 % of students) get any students loan help and its average loan amount is $26.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1430 (73%)$5,65930 (73%)$5,659--
2014-1510 (67%)$6,79010 (67%)$6,790--
2015-1611 (58%)$6,57511 (58%)$6,575--
2016-1717 (53%)$6,52317 (53%)$6,523--
2017-189 (82%)$6,5349 (82%)$6,534--
2018-1911 (55%)$4,91911 (55%)$4,919--
2019-2040 (71%)$5,60740 (71%)$5,607--
2020-2153 (64%)$5,32153 (64%)$5,321--
2021-2249 (58%)$4,38249 (58%)$4,382--
Average26 (64.56%)$5,81226 (64.56%)$5,812--