Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 299, which is 94.89 % of all undergraduate students.
For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 0% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Modern Hairstyling Institute-Carolina since 2014.
For that period, the average number of students who received grants aid/scholarships is 299, which is 94.89 % of all undergraduate students.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 344 (97%) | $6,647 | 344 (97%) | $5,730 | - | - |
| 2015-16 | 294 (96%) | $6,800 | 294 (96%) | $5,775 | - | - |
| 2016-17 | 380 (95%) | $6,732 | 380 (95%) | $5,815 | - | - |
| 2017-18 | 349 (100%) | $6,800 | 340 (97%) | $5,920 | - | - |
| 2018-19 | 234 (70%) | $6,962 | 234 (70%) | $6,095 | - | - |
| 2019-20 | 255 (100%) | $6,647 | 240 (94%) | $6,195 | - | - |
| 2020-21 | 240 (96%) | $7,541 | 240 (96%) | $6,345 | - | - |
| 2021-22 | 291 (100%) | $7,941 | 276 (95%) | $6,495 | - | - |
| 2022-23 | 307 (100%) | $8,145 | 295 (96%) | $6,895 | - | - |
| Average | 299 (94.89%) | $7,135 | 294 (92.89%) | $6,141 | - | - |
For the last 10 years, on average, 237 (100.00 % of students) received grants or scholarships and its average amount is $6,985. It can cover 71.28% of tuition & fees ($9,800).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2014-15 | 295 (100%) | $6,647 | - | - |
| 2015-16 | 224 (100%) | $6,692 | - | - |
| 2016-17 | 295 (100%) | $6,524 | - | - |
| 2017-18 | 262 (100%) | $6,580 | - | - |
| 2018-19 | 234 (100%) | $6,962 | - | - |
| 2019-20 | 218 (100%) | $7,062 | - | - |
| 2020-21 | 179 (100%) | $7,212 | - | - |
| 2021-22 | 210 (100%) | $7,362 | - | - |
| 2022-23 | 217 (100%) | $7,828 | - | - |
| Average | 237 (100.00%) | $6,985 | - | - |
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 237 (100.00 % of students) received Pell (federal) grants and its average amount is $6,116.
In addition, 207 students received State/local government grants/scholarships (89.78 % of students).
| 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 | |
| 2014-15 | 295 (100%) | $5,730 | 295 (100%) | $500 | 295 (100%) | $250 | 295 (100%) | $167 |
| 2015-16 | 224 (100%) | $5,775 | 224 (100%) | $500 | 224 (100%) | $250 | 224 (100%) | $167 |
| 2016-17 | 295 (100%) | $5,815 | 295 (100%) | $500 | 25 (8%) | $500 | 295 (100%) | $167 |
| 2017-18 | 262 (100%) | $5,700 | 262 (100%) | $500 | 262 (100%) | $200 | 262 (100%) | $180 |
| 2018-19 | 234 (100%) | $6,095 | 234 (100%) | $500 | 234 (100%) | $200 | 234 (100%) | $167 |
| 2019-20 | 218 (100%) | $6,195 | 218 (100%) | $500 | 218 (100%) | $200 | 218 (100%) | $167 |
| 2020-21 | 179 (100%) | $6,345 | 179 (100%) | $500 | 179 (100%) | $200 | 179 (100%) | $167 |
| 2021-22 | 210 (100%) | $6,495 | 210 (100%) | $500 | 210 (100%) | $200 | 210 (100%) | $167 |
| 2022-23 | 217 (100%) | $6,895 | 217 (100%) | $500 | 217 (100%) | $250 | 217 (100%) | $183 |
| Average | 237 (100.00%) | $6,116 | 237 (100.00%) | $500 | 207 (89.78%) | $250 | 237 (100.00%) | $170 |
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