Scholarships, Grants, and Loan Trends at Mississippi Barber Academy

-4%

Received Percent Changed

$1,631

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 84, which is 88.78 % of all undergraduate students. 64 students which is 69.11% of undergraduate students received federal student loans and the average loan amount is $6,038.

For full-time, first-time beginning students (freshmen), 95.33% of students received grants or scholarships and 95% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Mississippi Barber Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 84, which is 88.78 % of all undergraduate students. 64 students which is 69.11% of undergraduate students received federal student loans and the average loan amount is $6,038.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15119 (94%)$4,415118 (94%)$4,22465 (52%)$4,864
2015-1687 (86%)$4,62886 (85%)$4,29967 (66%)$4,613
2016-1782 (85%)$4,71982 (85%)$4,51464 (67%)$5,336
2017-1877 (100%)$4,04376 (99%)$3,90357 (74%)$5,771
2018-1965 (86%)$4,96665 (86%)$4,82459 (78%)$6,404
2019-2071 (85%)$6,22370 (83%)$5,39560 (71%)$6,739
2020-2178 (86%)$5,14977 (85%)$4,92065 (71%)$6,059
2021-2281 (87%)$4,87973 (78%)$4,97165 (70%)$7,401
2022-2394 (90%)$6,04694 (90%)$5,47477 (73%)$7,156
Average84 (88.78%)$5,00882 (87.22%)$4,72564 (69.11%)$6,038
*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, 10 (95.33 % of students) received grants or scholarships and its average amount is $5,233. It can cover 26.84% of tuition & fees ($19,500).

In addition, 10 (94.89 % of students) students get helped from the students loans (average amount : $6,362).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1513 (100%)$5,28913 (100%)$7,931
2015-1610 (100%)$4,90910 (100%)$5,950
2016-1712 (100%)$4,69412 (100%)$5,375
2017-1813 (100%)$4,09213 (100%)$6,385
2018-197 (100%)$5,6606 (86%)$4,500
2019-2010 (100%)$6,1958 (80%)$5,188
2020-216 (75%)$6,7627 (88%)$6,405
2021-2210 (91%)$4,08211 (100%)$7,765
2022-2312 (92%)$5,41313 (100%)$7,756
Average10 (95.33%)$5,23310 (94.89%)$6,362
*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, 10 (94.33 % of students) received Pell (federal) grants and its average amount is $5,209.

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
2014-1513 (100%)$5,289------
2015-1610 (100%)$4,909------
2016-1712 (100%)$4,694------
2017-1813 (100%)$4,092------
2018-197 (100%)$5,660------
2019-2010 (100%)$6,195------
2020-216 (75%)$6,3455 (63%)$500----
2021-229 (82%)$4,2805 (45%)$460----
2022-2312 (92%)$5,413------
Average10 (94.33%)$5,2095 (54.00%)$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.

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, 10 (94.89 % of students) get any students loan help and its average loan amount is $10.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1513 (100%)$7,93113 (100%)$7,931--
2015-1610 (100%)$5,95010 (100%)$5,950--
2016-1712 (100%)$5,37512 (100%)$5,375--
2017-1813 (100%)$6,38513 (100%)$6,385--
2018-196 (86%)$4,5006 (86%)$4,500--
2019-208 (80%)$5,1888 (80%)$5,188--
2020-217 (88%)$6,4057 (88%)$6,405--
2021-2211 (100%)$7,76511 (100%)$7,765--
2022-2313 (100%)$7,75613 (100%)$7,756--
Average10 (94.89%)$6,36210 (94.89%)$6,362--

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