Scholarships, Grants, and Loan Trends at Z Hair Academy

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 113, which is 48.67 % of all undergraduate students. 142 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $7,819.

For full-time, first-time beginning students (freshmen), 54.89% of students received grants or scholarships and 76% 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 Z Hair Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 113, which is 48.67 % of all undergraduate students. 142 students which is 60.89% of undergraduate students received federal student loans and the average loan amount is $7,819.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1571 (45%)$3,82571 (45%)$3,82585 (53%)$7,346
2015-1680 (46%)$4,07380 (46%)$4,073104 (59%)$7,850
2016-17100 (47%)$4,285100 (47%)$4,285124 (58%)$7,934
2017-18155 (63%)$4,554155 (63%)$4,554160 (65%)$8,441
2018-19140 (53%)$4,960140 (53%)$4,960140 (53%)$8,336
2019-2089 (40%)$5,40089 (40%)$5,400122 (54%)$7,866
2020-21128 (51%)$5,898128 (51%)$5,898176 (71%)$7,977
2021-22130 (52%)$5,273130 (52%)$5,273186 (75%)$7,294
2022-23125 (41%)$5,545125 (41%)$5,545185 (60%)$7,331
Average113 (48.67%)$4,868113 (48.67%)$4,868142 (60.89%)$7,819
*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, 41 (54.89 % of students) received grants or scholarships and its average amount is $4,803. It can cover 25.62% of tuition & fees ($18,750).

In addition, 56 (75.56 % of students) students get helped from the students loans (average amount : $7,027).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1541 (51%)$3,92157 (71%)$7,154
2015-1629 (56%)$4,73639 (75%)$7,159
2016-1725 (42%)$5,27734 (58%)$7,365
2017-1856 (71%)$4,14566 (84%)$6,936
2018-1957 (63%)$4,84469 (76%)$7,240
2019-2041 (60%)$4,77958 (85%)$6,907
2020-2137 (59%)$5,19653 (84%)$7,574
2021-2237 (41%)$4,96764 (71%)$6,313
2022-2345 (51%)$5,36568 (76%)$6,592
Average41 (54.89%)$4,80356 (75.56%)$7,027
*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, 41 (54.89 % of students) received Pell (federal) grants and its average amount is $4,803.

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
2014-1541 (51%)$3,921------
2015-1629 (56%)$4,736------
2016-1725 (42%)$5,277------
2017-1856 (71%)$4,145------
2018-1957 (63%)$4,844------
2019-2041 (60%)$4,779------
2020-2137 (59%)$5,196------
2021-2237 (41%)$4,967------
2022-2345 (51%)$5,365------
Average41 (54.89%)$4,803------
*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, 56 (75.56 % of students) get any students loan help and its average loan amount is $56.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1557 (71%)$7,15457 (71%)$7,154--
2015-1639 (75%)$7,15939 (75%)$7,159--
2016-1734 (58%)$7,36534 (58%)$7,365--
2017-1866 (84%)$6,93666 (84%)$6,936--
2018-1969 (76%)$7,24069 (76%)$7,240--
2019-2058 (85%)$6,90758 (85%)$6,907--
2020-2153 (84%)$7,57453 (84%)$7,1972 (3%)$10,000
2021-2264 (71%)$6,31364 (71%)$6,313--
2022-2368 (76%)$6,59268 (76%)$6,592--
Average56 (75.56%)$7,02756 (75.56%)$6,9852 (3.00%)$10,000

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