Scholarships, Grants, and Loan Trends at American Academy of Cosmetology

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 118, which is 65.18 % of all undergraduate students. 108 students which is 59.64% of undergraduate students received federal student loans and the average loan amount is $6,444.
For full-time, first-time beginning students (freshmen), 70.45% of students received grants or scholarships and 70% 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 American Academy of Cosmetology since 2011.
For that period, the average number of students who received grants aid/scholarships is 118, which is 65.18 % of all undergraduate students. 108 students which is 59.64% of undergraduate students received federal student loans and the average loan amount is $6,444.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12154 (89%)$4,631139 (80%)$4,981151 (87%)$8,491
2012-13120 (61%)$3,168120 (61%)$3,168112 (57%)$7,020
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
Average118 (65.18%)$3,581116 (64.27%)$3,592108 (59.64%)$6,444

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

For the last 12 years, on average, 27 (70.45 % of students) received grants or scholarships and its average amount is $3,821. It can cover 23.66% of tuition & fees ($16,150).
In addition, 26 (69.55 % of students) students get helped from the students loans (average amount : $6,332).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1236 (92%)$5,03136 (92%)$8,306
2012-1323 (88%)$3,96224 (92%)$9,037
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
Average27 (70.45%)$3,82126 (69.55%)$6,332
*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 12 years, on average, 26 (70.27 % of students) received Pell (federal) grants and its average amount is $3,730.
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
2011-1236 (92%)$4,878----6 (15%)$917
2012-1323 (88%)$3,796----17 (65%)$224
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 (70.27%)$3,7301 (1.00%)$9,5001 (9.00%)$5,8249 (29.00%)$603
*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 12 years, on average, 26 (69.55 % 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
2011-1236 (92%)$8,30636 (92%)$8,306--
2012-1324 (92%)$9,03724 (92%)$9,037--
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 (69.55%)$6,33226 (69.55%)$6,332--
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