Scholarships, Grants, and Loan Trends at Crave Beauty Academy

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 185, which is 56.44 % of all undergraduate students. 199 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $5,711.

For full-time, first-time beginning students (freshmen), 67.11% of students received grants or scholarships and 72% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Crave Beauty Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 185, which is 56.44 % of all undergraduate students. 199 students which is 60.00% of undergraduate students received federal student loans and the average loan amount is $5,711.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15234 (77%)$6,378144 (47%)$3,574171 (56%)$5,718
2015-16114 (39%)$4,503114 (39%)$4,213131 (45%)$7,490
2016-17164 (56%)$3,665136 (47%)$3,622184 (63%)$7,023
2017-18162 (53%)$4,864133 (43%)$5,440203 (66%)$5,265
2018-19148 (40%)$3,642148 (40%)$3,642220 (60%)$6,000
2019-20176 (62%)$3,422170 (60%)$3,542170 (60%)$3,123
2020-21300 (76%)$1,766300 (76%)$1,728334 (85%)$2,180
2021-22177 (60%)$2,985161 (55%)$3,156146 (49%)$6,038
2022-23188 (45%)$4,350188 (45%)$4,350236 (56%)$8,565
Average185 (56.44%)$3,953166 (50.22%)$3,696199 (60.00%)$5,711
*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, 144 (67.11 % of students) received grants or scholarships and its average amount is $3,451. It can cover 29.75% of tuition & fees ($11,600).

In addition, 160 (72.44 % of students) students get helped from the students loans (average amount : $5,638).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15177 (83%)$2,936161 (75%)$6,073
2015-16114 (45%)$3,625131 (52%)$6,518
2016-17136 (52%)$3,439156 (59%)$4,463
2017-18133 (49%)$3,718203 (75%)$5,265
2018-19148 (67%)$3,642202 (92%)$6,139
2019-20163 (93%)$3,567103 (59%)$4,932
2020-21152 (90%)$3,410152 (90%)$4,790
2021-22161 (80%)$3,170144 (72%)$6,122
2022-23109 (45%)$3,548188 (78%)$6,438
Average144 (67.11%)$3,451160 (72.44%)$5,638
*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, 137 (64.11 % of students) received Pell (federal) grants and its average amount is $3,470.

In addition, 22 students received State/local government grants/scholarships (10.50 % 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
2014-15144 (67%)$2,942----87 (41%)$1,103
2015-16114 (45%)$3,336----33 (13%)$1,000
2016-17108 (41%)$4,098--19 (7%)$8519 (3%)$1,000
2017-18133 (49%)$3,609----18 (7%)$806
2018-19148 (67%)$3,642------
2019-20163 (93%)$3,567------
2020-21152 (90%)$3,335--24 (14%)$479--
2021-22161 (80%)$3,156----3 (1%)$750
2022-23109 (45%)$3,548------
Average137 (64.11%)$3,470--22 (10.50%)$66530 (13.00%)$932
*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, 160 (72.44 % of students) get any students loan help and its average loan amount is $160.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15161 (75%)$6,073161 (75%)$6,073--
2015-16131 (52%)$6,518131 (52%)$6,518--
2016-17156 (59%)$4,463156 (59%)$4,463--
2017-18203 (75%)$5,265203 (75%)$5,265--
2018-19202 (92%)$6,139202 (92%)$6,139--
2019-20103 (59%)$4,932103 (59%)$4,932--
2020-21152 (90%)$4,790152 (90%)$4,790--
2021-22144 (72%)$6,122144 (72%)$6,122--
2022-23188 (78%)$6,438188 (78%)$6,438--
Average160 (72.44%)$5,638160 (72.44%)$5,638--

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