Scholarships, Grants, and Loan Trends at Alexander Paul Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 27, which is 41.44 % of all undergraduate students. 34 students which is 49.89% of undergraduate students received federal student loans and the average loan amount is $6,586.
For full-time, first-time beginning students (freshmen), 58.67% of students received grants or scholarships and 71% 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 Alexander Paul Institute of Hair Design since 2013.
For that period, the average number of students who received grants aid/scholarships is 27, which is 41.44 % of all undergraduate students. 34 students which is 49.89% of undergraduate students received federal student loans and the average loan amount is $6,586.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1417 (49%)$4,36617 (49%)$4,3665 (14%)$5,525
2014-1511 (22%)$5,74611 (22%)$4,71625 (49%)$6,802
2015-1624 (33%)$4,77622 (30%)$4,62026 (36%)$7,165
2016-1729 (40%)$4,75427 (37%)$4,52044 (60%)$6,320
2017-1827 (39%)$5,49526 (38%)$5,41139 (57%)$5,738
2018-1944 (64%)$5,20344 (64%)$5,20348 (70%)$7,360
2019-2033 (40%)$4,97432 (39%)$5,12249 (59%)$6,514
2020-2128 (37%)$5,61728 (37%)$5,61731 (41%)$6,992
2021-2232 (49%)$5,37831 (48%)$5,34041 (63%)$6,857
Average27 (41.44%)$5,14526 (40.44%)$4,99134 (49.89%)$6,586

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

For the last 10 years, on average, 7 (58.67 % of students) received grants or scholarships and its average amount is $5,212. It can cover 32.17% of tuition & fees ($16,200).
In addition, 8 (70.56 % of students) students get helped from the students loans (average amount : $7,052).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146 (100%)$4,7671 (17%)$3,500
2014-153 (43%)$3,8305 (71%)$7,043
2015-169 (60%)$4,1329 (60%)$7,599
2016-177 (54%)$4,70311 (85%)$6,616
2017-182 (25%)$8,8806 (75%)$6,663
2018-1915 (94%)$5,09514 (88%)$7,944
2019-207 (44%)$5,35413 (81%)$8,277
2020-213 (50%)$6,3455 (83%)$8,400
2021-227 (58%)$3,8059 (75%)$7,425
Average7 (58.67%)$5,2128 (70.56%)$7,052
*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, 7 (58.67 % of students) received Pell (federal) grants and its average amount is $5,212.
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
2013-146 (100%)$4,767------
2014-153 (43%)$3,830------
2015-169 (60%)$4,132------
2016-177 (54%)$4,703------
2017-182 (25%)$8,880------
2018-1915 (94%)$5,095------
2019-207 (44%)$5,354------
2020-213 (50%)$6,345------
2021-227 (58%)$3,805------
Average7 (58.67%)$5,212------
*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, 8 (70.56 % of students) get any students loan help and its average loan amount is $8.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141 (17%)$3,5001 (17%)$3,500--
2014-155 (71%)$7,0435 (71%)$7,043--
2015-169 (60%)$7,5999 (60%)$7,599--
2016-1711 (85%)$6,61611 (85%)$6,616--
2017-186 (75%)$6,6636 (75%)$6,663--
2018-1914 (88%)$7,94414 (88%)$7,944--
2019-2013 (81%)$8,27713 (81%)$8,277--
2020-215 (83%)$8,4005 (83%)$8,400--
2021-229 (75%)$7,4259 (75%)$7,425--
Average8 (70.56%)$7,0528 (70.56%)$7,052--
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