Over the past 4 years (2021-2023), the average number of students who received grants aid/scholarships is 22, which is 78.67 % of all undergraduate students. 13 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $2,558.
For full-time, first-time beginning students (freshmen), 93.33% of students received grants or scholarships and 73% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Larry's Barber College-Joliet since 2020.
For that period, the average number of students who received grants aid/scholarships is 22, which is 78.67 % of all undergraduate students. 13 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $2,558.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2020-21 | 4 (36%) | $6,345 | 4 (36%) | $6,345 | 1 (9%) | $1,541 |
| 2021-22 | 25 (100%) | $6,145 | 25 (100%) | $6,145 | 17 (68%) | $2,245 |
| 2022-23 | 37 (100%) | $6,144 | 37 (100%) | $6,144 | 21 (57%) | $3,887 |
| Average | 22 (78.67%) | $6,211 | 22 (78.67%) | $6,211 | 13 (44.67%) | $2,558 |
For the last 4 years, on average, 8 (93.33 % of students) received grants or scholarships and its average amount is $6,328. It can cover 34.13% of tuition & fees ($18,540).
In addition, 7 (73.33 % of students) students get helped from the students loans (average amount : $2,793).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2020-21 | 4 (80%) | $6,345 | 1 (20%) | $1,541 |
| 2021-22 | 7 (100%) | $6,495 | 7 (100%) | $3,250 |
| 2022-23 | 12 (100%) | $6,144 | 12 (100%) | $3,588 |
| Average | 8 (93.33%) | $6,328 | 7 (73.33%) | $2,793 |
The following table shows the trends of grants or scholarships over time. For the last 4 years, on average, 8 (93.33 % of students) received Pell (federal) grants and its average amount is $6,328.
| 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 | |
| 2020-21 | 4 (80%) | $6,345 | - | - | - | - | - | - |
| 2021-22 | 7 (100%) | $6,495 | - | - | - | - | - | - |
| 2022-23 | 12 (100%) | $6,144 | - | - | - | - | - | - |
| Average | 8 (93.33%) | $6,328 | - | - | - | - | - | - |
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 4 years, on average, 7 (73.33 % of students) get any students loan help and its average loan amount is $7.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2020-21 | 1 (20%) | $1,541 | 1 (20%) | $1,541 | - | - |
| 2021-22 | 7 (100%) | $3,250 | 7 (100%) | $3,250 | - | - |
| 2022-23 | 12 (100%) | $3,588 | 12 (100%) | $3,588 | - | - |
| Average | 7 (73.33%) | $2,793 | 7 (73.33%) | $2,793 | - | - |
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