Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 159, which is 82.22 % of all undergraduate students. 156 students which is 81.44% of undergraduate students received federal student loans and the average loan amount is $2,659.

For full-time, first-time beginning students (freshmen), 90.67% of students received grants or scholarships and 92% 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 Montgomery Beauty School since 2013.

For that period, the average number of students who received grants aid/scholarships is 159, which is 82.22 % of all undergraduate students. 156 students which is 81.44% of undergraduate students received federal student loans and the average loan amount is $2,659.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14233 (100%)$1,984233 (100%)$1,984199 (85%)$2,211
2014-15197 (100%)$2,226162 (82%)$2,587197 (100%)$2,362
2015-16230 (95%)$2,454223 (92%)$2,275189 (78%)$2,369
2016-17169 (88%)$2,064169 (88%)$2,037172 (90%)$2,691
2017-18147 (84%)$2,135147 (84%)$2,104161 (93%)$2,710
2018-19156 (85%)$2,210156 (85%)$2,180169 (92%)$2,820
2019-20153 (84%)$2,102153 (84%)$2,080164 (90%)$2,886
2020-2186 (57%)$2,30186 (57%)$2,08478 (52%)$2,992
2021-2264 (47%)$2,29464 (47%)$2,01171 (53%)$2,891
Average159 (82.22%)$2,197155 (79.89%)$2,149156 (81.44%)$2,659
*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, 109 (90.67 % of students) received grants or scholarships and its average amount is $2,756. It can cover 11.48% of tuition & fees ($24,000).

In addition, 110 (91.78 % of students) students get helped from the students loans (average amount : $3,001).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14127 (100%)$3,316102 (80%)$3,782
2014-15152 (100%)$2,777152 (100%)$3,028
2015-16175 (96%)$2,469182 (100%)$2,472
2016-1787 (84%)$2,701102 (98%)$2,860
2017-18118 (88%)$2,659125 (93%)$2,526
2018-19129 (89%)$2,657136 (94%)$2,627
2019-20126 (89%)$2,533131 (92%)$2,651
2020-2137 (86%)$2,85131 (72%)$3,552
2021-2227 (84%)$2,84231 (97%)$3,510
Average109 (90.67%)$2,756110 (91.78%)$3,001
*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, 109 (90.67 % of students) received Pell (federal) grants and its average amount is $2,717.

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
2013-14127 (100%)$3,316------
2014-15152 (100%)$2,757----6 (4%)$500
2015-16175 (96%)$2,455----5 (3%)$500
2016-1787 (84%)$2,650----9 (9%)$500
2017-18118 (88%)$2,621----9 (7%)$500
2018-19129 (89%)$2,622----9 (6%)$500
2019-20126 (89%)$2,517----4 (3%)$500
2020-2137 (86%)$2,784----5 (12%)$500
2021-2227 (84%)$2,731----6 (19%)$500
Average109 (90.67%)$2,717----7 (7.88%)$500
*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, 110 (91.78 % of students) get any students loan help and its average loan amount is $110.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14102 (80%)$3,782102 (80%)$3,74311 (9%)$359
2014-15152 (100%)$3,028152 (100%)$3,0156 (4%)$329
2015-16182 (100%)$2,472182 (100%)$2,4607 (4%)$306
2016-17102 (98%)$2,860102 (98%)$2,8445 (5%)$313
2017-18125 (93%)$2,526125 (93%)$2,5106 (4%)$336
2018-19136 (94%)$2,627136 (94%)$2,6117 (5%)$304
2019-20131 (92%)$2,651131 (92%)$2,6452 (1%)$425
2020-2131 (72%)$3,55231 (72%)$3,552--
2021-2231 (97%)$3,51031 (97%)$3,510--
Average110 (91.78%)$3,001110 (91.78%)$2,9886 (4.57%)$339