Over the past 7 years (2018-2023), the average number of students who received grants aid/scholarships is 45, which is 38.00 % of all undergraduate students. 62 students which is 52.83% of undergraduate students received federal student loans and the average loan amount is $8,114.
For full-time, first-time beginning students (freshmen), 37.00% of students received grants or scholarships and 48% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at L Makeup Institute since 2017.
For that period, the average number of students who received grants aid/scholarships is 45, which is 38.00 % of all undergraduate students. 62 students which is 52.83% of undergraduate students received federal student loans and the average loan amount is $8,114.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2017-18 | 26 (25%) | $3,496 | 26 (25%) | $3,496 | 36 (34%) | $5,369 |
| 2018-19 | 37 (32%) | $3,053 | 37 (32%) | $3,053 | 57 (50%) | $5,464 |
| 2019-20 | 39 (36%) | $3,636 | 39 (36%) | $3,636 | 50 (46%) | $10,691 |
| 2020-21 | 57 (47%) | $4,248 | 57 (47%) | $4,248 | 76 (63%) | $11,221 |
| 2021-22 | 56 (45%) | $4,329 | 56 (45%) | $4,329 | 81 (65%) | $9,805 |
| 2022-23 | 54 (43%) | $3,889 | 54 (43%) | $3,889 | 74 (59%) | $6,133 |
| Average | 45 (38.00%) | $3,775 | 45 (38.00%) | $3,775 | 62 (52.83%) | $8,114 |
For the last 7 years, on average, 31 (37.00 % of students) received grants or scholarships and its average amount is $3,856. It can cover 16.03% of tuition & fees ($24,050).
In addition, 39 (48.33 % of students) students get helped from the students loans (average amount : $8,417).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2017-18 | 13 (22%) | $3,781 | 17 (29%) | $5,042 |
| 2018-19 | 17 (30%) | $2,927 | 28 (49%) | $4,989 |
| 2019-20 | 28 (36%) | $3,538 | 30 (39%) | $11,983 |
| 2020-21 | 45 (47%) | $4,410 | 56 (59%) | $11,250 |
| 2021-22 | 35 (43%) | $4,434 | 46 (56%) | $10,682 |
| 2022-23 | 45 (44%) | $4,045 | 59 (58%) | $6,558 |
| Average | 31 (37.00%) | $3,856 | 39 (48.33%) | $8,417 |
The following table shows the trends of grants or scholarships over time. For the last 7 years, on average, 31 (37.00 % of students) received Pell (federal) grants and its average amount is $3,856.
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2017-18 | 13 (22%) | $3,781 | - | - | - | - | - | - |
| 2018-19 | 17 (30%) | $2,927 | - | - | - | - | - | - |
| 2019-20 | 28 (36%) | $3,538 | - | - | - | - | - | - |
| 2020-21 | 45 (47%) | $4,410 | - | - | - | - | - | - |
| 2021-22 | 35 (43%) | $4,434 | - | - | - | - | - | - |
| 2022-23 | 45 (44%) | $4,045 | - | - | - | - | - | - |
| Average | 31 (37.00%) | $3,856 | - | - | - | - | - | - |
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 7 years, on average, 39 (48.33 % of students) get any students loan help and its average loan amount is $39.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2017-18 | 17 (29%) | $5,042 | 17 (29%) | $5,042 | - | - |
| 2018-19 | 28 (49%) | $4,989 | 28 (49%) | $4,989 | - | - |
| 2019-20 | 30 (39%) | $11,983 | 30 (39%) | $11,983 | - | - |
| 2020-21 | 56 (59%) | $11,250 | 56 (59%) | $11,250 | - | - |
| 2021-22 | 46 (56%) | $10,682 | 46 (56%) | $10,682 | - | - |
| 2022-23 | 59 (58%) | $6,558 | 59 (58%) | $6,558 | - | - |
| Average | 39 (48.33%) | $8,417 | 39 (48.33%) | $8,417 | - | - |
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