Scholarships, Grants, and Loan Trends at American Hair Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 17, which is 47.89 % of all undergraduate students. 27 students which is 76.78% of undergraduate students received federal student loans and the average loan amount is $7,100.
For full-time, first-time beginning students (freshmen), 57.56% of students received grants or scholarships and 84% 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 Hair Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 17, which is 47.89 % of all undergraduate students. 27 students which is 76.78% of undergraduate students received federal student loans and the average loan amount is $7,100.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1431 (79%)$4,40730 (77%)$4,51730 (77%)$8,169
2014-1515 (38%)$5,52715 (38%)$5,42727 (69%)$5,871
2015-1620 (53%)$6,33520 (53%)$4,99234 (89%)$7,311
2016-1711 (31%)$2,4847 (19%)$3,70329 (81%)$6,865
2017-1821 (57%)$7,89221 (57%)$4,89125 (68%)$6,392
2018-1920 (53%)$9,24719 (50%)$5,31732 (84%)$7,550
2019-2012 (35%)$5,70812 (35%)$5,70823 (68%)$6,012
2020-2110 (38%)$9,64410 (38%)$5,77820 (77%)$7,840
2021-2215 (47%)$6,96814 (44%)$5,01725 (78%)$7,894
Average17 (47.89%)$6,46816 (45.67%)$5,03927 (76.78%)$7,100

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

For the last 10 years, on average, 5 (57.56 % of students) received grants or scholarships and its average amount is $5,300. It can cover 30.13% of tuition & fees ($17,590).
In addition, 7 (84.22 % of students) students get helped from the students loans (average amount : $7,978).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1410 (91%)$4,97010 (91%)$8,493
2014-156 (60%)$5,5229 (90%)$7,512
2015-166 (50%)$5,21110 (83%)$9,166
2016-172 (29%)$5,8156 (86%)$6,919
2017-186 (75%)$5,5377 (88%)$9,047
2018-196 (75%)$5,7956 (75%)$8,895
2019-204 (44%)$4,5656 (67%)$7,662
2020-213 (50%)$5,9286 (100%)$4,787
2021-224 (44%)$4,3587 (78%)$9,317
Average5 (57.56%)$5,3007 (84.22%)$7,978
*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, 5 (57.56 % of students) received Pell (federal) grants and its average amount is $5,258.
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
2013-1410 (91%)$4,859--1 (9%)$1,109--
2014-156 (60%)$5,371--1 (10%)$903--
2015-166 (50%)$5,097--1 (8%)$683--
2016-172 (29%)$5,815------
2017-186 (75%)$5,537------
2018-196 (75%)$5,795------
2019-204 (44%)$4,565------
2020-213 (50%)$5,928------
2021-224 (44%)$4,358------
Average5 (57.56%)$5,258--1 (9.00%)$898--
*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, 7 (84.22 % 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
2013-1410 (91%)$8,49310 (91%)$8,493--
2014-159 (90%)$7,5129 (90%)$7,512--
2015-1610 (83%)$9,16610 (83%)$9,166--
2016-176 (86%)$6,9196 (86%)$6,919--
2017-187 (88%)$9,0477 (88%)$9,047--
2018-196 (75%)$8,8956 (75%)$8,895--
2019-206 (67%)$7,6626 (67%)$7,662--
2020-216 (100%)$4,7876 (100%)$4,787--
2021-227 (78%)$9,3177 (78%)$9,317--
Average7 (84.22%)$7,9787 (84.22%)$7,978--
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