Over the past 8 years (2017-2023), the average number of students who received grants aid/scholarships is 12, which is 40.43 % of all undergraduate students. 17 students which is 55.29% of undergraduate students received federal student loans and the average loan amount is $6,442.
For full-time, first-time beginning students (freshmen), 64.29% of students received grants or scholarships and 67% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Master's Barber & Styling College since 2016.
For that period, the average number of students who received grants aid/scholarships is 12, which is 40.43 % of all undergraduate students. 17 students which is 55.29% of undergraduate students received federal student loans and the average loan amount is $6,442.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2016-17 | 7 (29%) | $3,919 | 7 (29%) | $3,919 | 7 (29%) | $8,405 |
| 2017-18 | 15 (50%) | $4,090 | 15 (50%) | $4,090 | 24 (80%) | $4,118 |
| 2018-19 | 12 (35%) | $5,548 | 12 (35%) | $5,548 | 19 (56%) | $7,331 |
| 2019-20 | 19 (59%) | $5,083 | 19 (59%) | $5,083 | 22 (69%) | $6,946 |
| 2020-21 | 10 (31%) | $5,167 | 10 (31%) | $5,167 | 14 (44%) | $6,677 |
| 2021-22 | 11 (48%) | $6,023 | 5 (22%) | $3,815 | 6 (26%) | $7,864 |
| 2022-23 | 11 (31%) | $6,473 | 11 (31%) | $6,473 | 29 (83%) | $3,754 |
| Average | 12 (40.43%) | $5,186 | 11 (36.71%) | $4,871 | 17 (55.29%) | $6,442 |
For the last 8 years, on average, 3 (64.29 % of students) received grants or scholarships and its average amount is $5,612. It can cover 35.63% of tuition & fees ($15,750).
In addition, 4 (66.50 % of students) students get helped from the students loans (average amount : $6,407).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2016-17 | 1 (50%) | $5,815 | - | - |
| 2017-18 | 2 (67%) | $3,454 | 1 (33%) | $6,000 |
| 2018-19 | 3 (50%) | $6,095 | 5 (83%) | $7,813 |
| 2019-20 | 5 (71%) | $5,995 | 5 (71%) | $6,300 |
| 2020-21 | 1 (50%) | $6,345 | 1 (50%) | $5,500 |
| 2021-22 | 3 (100%) | $6,358 | 3 (100%) | $9,116 |
| 2022-23 | 8 (62%) | $5,224 | 8 (62%) | $3,712 |
| Average | 3 (64.29%) | $5,612 | 4 (66.50%) | $6,407 |
The following table shows the trends of grants or scholarships over time. For the last 8 years, on average, 3 (64.29 % of students) received Pell (federal) grants and its average amount is $5,612.
| 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 | |
| 2016-17 | 1 (50%) | $5,815 | - | - | - | - | - | - |
| 2017-18 | 2 (67%) | $3,454 | - | - | - | - | - | - |
| 2018-19 | 3 (50%) | $6,095 | - | - | - | - | - | - |
| 2019-20 | 5 (71%) | $5,995 | - | - | - | - | - | - |
| 2020-21 | 1 (50%) | $6,345 | - | - | - | - | - | - |
| 2021-22 | 3 (100%) | $6,358 | - | - | - | - | - | - |
| 2022-23 | 8 (62%) | $5,224 | - | - | - | - | - | - |
| Average | 3 (64.29%) | $5,612 | - | - | - | - | - | - |
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 8 years, on average, 4 (66.50 % of students) get any students loan help and its average loan amount is $4.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2016-17 | - | - | - | - | - | - |
| 2017-18 | 1 (33%) | $6,000 | 1 (33%) | $6,000 | - | - |
| 2018-19 | 5 (83%) | $7,813 | 5 (83%) | $7,813 | - | - |
| 2019-20 | 5 (71%) | $6,300 | 5 (71%) | $6,300 | - | - |
| 2020-21 | 1 (50%) | $5,500 | 1 (50%) | $5,500 | - | - |
| 2021-22 | 3 (100%) | $9,116 | 3 (100%) | $9,116 | - | - |
| 2022-23 | 8 (62%) | $3,712 | 8 (62%) | $3,712 | - | - |
| Average | 4 (66.50%) | $6,407 | 4 (66.50%) | $6,407 | - | - |
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