Scholarships, Grants, and Loan Trends at Academy of Beauty Professionals

Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 31, which is 53.14 % of all undergraduate students. 29 students which is 50.00% of undergraduate students received federal student loans and the average loan amount is $7,638.
For full-time, first-time beginning students (freshmen), 65.83% of students received grants or scholarships and 64% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Academy of Beauty Professionals since 2015.
For that period, the average number of students who received grants aid/scholarships is 31, which is 53.14 % of all undergraduate students. 29 students which is 50.00% of undergraduate students received federal student loans and the average loan amount is $7,638.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1621 (57%)$3,70918 (49%)$4,15322 (59%)$7,494
2016-1730 (58%)$3,63927 (52%)$3,85425 (48%)$8,551
2017-1826 (57%)$4,32626 (57%)$4,25827 (59%)$7,816
2018-1918 (36%)$4,22618 (36%)$4,18321 (42%)$8,689
2019-2047 (71%)$3,08429 (44%)$3,93031 (47%)$7,080
2020-2140 (51%)$4,51340 (51%)$4,17942 (54%)$7,753
2021-2235 (42%)$4,11535 (42%)$4,11534 (41%)$6,081
Average31 (53.14%)$3,94528 (47.29%)$4,09629 (50.00%)$7,638

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

For the last 8 years, on average, 8 (65.83 % of students) received grants or scholarships and its average amount is $4,597. It can cover 18.48% of tuition & fees ($24,876).
In addition, 7 (64.33 % of students) students get helped from the students loans (average amount : $8,035).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-162 (67%)$5,8252 (67%)$11,396
2016-17----
2017-182 (50%)$3,9392 (50%)$7,500
2018-194 (36%)$4,6216 (55%)$8,963
2019-2017 (85%)$3,77810 (50%)$7,450
2020-2114 (93%)$5,13914 (93%)$7,900
2021-229 (64%)$4,28210 (71%)$5,000
Average8 (65.83%)$4,5977 (64.33%)$8,035
*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 8 years, on average, 7 (60.00 % of students) received Pell (federal) grants and its average amount is $4,354.
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
2015-162 (67%)$5,775----1 (33%)$100
2016-17--------
2017-182 (50%)$3,939------
2018-194 (36%)$4,621------
2019-2010 (50%)$3,32217 (85%)$1,824----
2020-2114 (93%)$4,18414 (93%)$955----
2021-229 (64%)$4,282------
Average7 (60.00%)$4,35416 (89.00%)$1,390--1 (33.00%)$100
*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 8 years, on average, 7 (64.33 % of students) get any students loan help and its average loan amount is $7.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-162 (67%)$11,3962 (67%)$11,396--
2016-17------
2017-182 (50%)$7,5002 (50%)$7,500--
2018-196 (55%)$8,9636 (55%)$8,963--
2019-2010 (50%)$7,45010 (50%)$7,450--
2020-2114 (93%)$7,90014 (93%)$7,900--
2021-2210 (71%)$5,00010 (71%)$5,000--
Average7 (64.33%)$8,0357 (64.33%)$8,035--
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