Over the past 4 years (2021-2023), the average number of students who received grants aid/scholarships is 77, which is 39.00 % of all undergraduate students. 94 students which is 49.33% of undergraduate students received federal student loans and the average loan amount is $8,471.
For full-time, first-time beginning students (freshmen), 44.67% of students received grants or scholarships and 65% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Medspa Academies-National Institute of Modern Aesthetics since 2020.
For that period, the average number of students who received grants aid/scholarships is 77, which is 39.00 % of all undergraduate students. 94 students which is 49.33% of undergraduate students received federal student loans and the average loan amount is $8,471.
| 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 | 53 (38%) | $4,097 | 53 (38%) | $4,097 | 85 (61%) | $8,787 |
| 2021-22 | 68 (36%) | $4,343 | 68 (36%) | $4,343 | 71 (37%) | $8,162 |
| 2022-23 | 109 (43%) | $4,966 | 109 (43%) | $4,966 | 125 (50%) | $8,465 |
| Average | 77 (39.00%) | $4,469 | 77 (39.00%) | $4,469 | 94 (49.33%) | $8,471 |
For the last 4 years, on average, 61 (44.67 % of students) received grants or scholarships and its average amount is $4,751. It can cover 27.15% of tuition & fees ($17,500).
In addition, 85 (64.67 % of students) students get helped from the students loans (average amount : $8,467).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2020-21 | 40 (40%) | $4,223 | 66 (67%) | $8,833 |
| 2021-22 | 48 (42%) | $4,957 | 68 (60%) | $8,103 |
| 2022-23 | 95 (52%) | $5,073 | 121 (67%) | $8,464 |
| Average | 61 (44.67%) | $4,751 | 85 (64.67%) | $8,467 |
The following table shows the trends of grants or scholarships over time. For the last 4 years, on average, 61 (44.67 % of students) received Pell (federal) grants and its average amount is $4,751.
| 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 | 40 (40%) | $4,223 | - | - | - | - | - | - |
| 2021-22 | 48 (42%) | $4,957 | - | - | - | - | - | - |
| 2022-23 | 95 (52%) | $5,073 | - | - | - | - | - | - |
| Average | 61 (44.67%) | $4,751 | - | - | - | - | - | - |
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, 85 (64.67 % of students) get any students loan help and its average loan amount is $85.
| 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 | 66 (67%) | $8,833 | 66 (67%) | $8,833 | - | - |
| 2021-22 | 68 (60%) | $8,103 | 68 (60%) | $8,103 | - | - |
| 2022-23 | 121 (67%) | $8,464 | 121 (67%) | $8,464 | - | - |
| Average | 85 (64.67%) | $8,467 | 85 (64.67%) | $8,467 | - | - |
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