Scholarships, Grants, and Loan Trends at Mitsu Sato Hair Academy

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 48, which is 46.89 % of all undergraduate students. 55 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,480.

For full-time, first-time beginning students (freshmen), 61.78% of students received grants or scholarships and 70% 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 Mitsu Sato Hair Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 48, which is 46.89 % of all undergraduate students. 55 students which is 52.67% of undergraduate students received federal student loans and the average loan amount is $7,480.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1522 (42%)$3,39022 (42%)$3,39016 (30%)$8,099
2015-1629 (54%)$4,47629 (54%)$4,00634 (63%)$9,205
2016-1732 (41%)$4,75432 (41%)$4,75440 (51%)$7,366
2017-1820 (27%)$3,85320 (27%)$3,85319 (25%)$6,137
2018-1951 (54%)$4,57951 (54%)$4,57954 (57%)$7,482
2019-2041 (38%)$4,84141 (38%)$4,84158 (54%)$7,135
2020-2174 (53%)$5,49674 (53%)$5,49690 (64%)$8,052
2021-2282 (54%)$4,53282 (54%)$4,53288 (58%)$7,048
2022-2381 (59%)$5,23781 (59%)$5,237100 (72%)$6,795
Average48 (46.89%)$4,57348 (46.89%)$4,52155 (52.67%)$7,480
*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, 13 (61.78 % of students) received grants or scholarships and its average amount is $4,825. It can cover 27.97% of tuition & fees ($17,250).

In addition, 15 (70.11 % of students) students get helped from the students loans (average amount : $7,541).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153 (60%)$4,7473 (60%)$8,500
2015-166 (75%)$4,3177 (88%)$7,611
2016-179 (64%)$3,3349 (64%)$8,167
2017-1817 (40%)$3,92815 (36%)$6,219
2018-1919 (56%)$4,53120 (59%)$6,372
2019-2017 (59%)$4,85624 (83%)$7,792
2020-2123 (64%)$5,81328 (78%)$7,929
2021-2215 (65%)$5,31519 (83%)$8,447
2022-2311 (73%)$6,58212 (80%)$6,833
Average13 (61.78%)$4,82515 (70.11%)$7,541
*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, 13 (61.78 % of students) received Pell (federal) grants and its average amount is $4,825.

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
2014-153 (60%)$4,747------
2015-166 (75%)$4,317------
2016-179 (64%)$3,334------
2017-1817 (40%)$3,928------
2018-1919 (56%)$4,531------
2019-2017 (59%)$4,856------
2020-2123 (64%)$5,813------
2021-2215 (65%)$5,315------
2022-2311 (73%)$6,582------
Average13 (61.78%)$4,825------
*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, 15 (70.11 % of students) get any students loan help and its average loan amount is $15.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-153 (60%)$8,5003 (60%)$8,500--
2015-167 (88%)$7,6117 (88%)$7,611--
2016-179 (64%)$8,1679 (64%)$8,167--
2017-1815 (36%)$6,21915 (36%)$6,219--
2018-1920 (59%)$6,37220 (59%)$6,372--
2019-2024 (83%)$7,79224 (83%)$7,792--
2020-2128 (78%)$7,92928 (78%)$7,929--
2021-2219 (83%)$8,44719 (83%)$8,447--
2022-2312 (80%)$6,83312 (80%)$6,833--
Average15 (70.11%)$7,54115 (70.11%)$7,541--

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