Scholarships, Grants, and Loan Trends at Beau Monde Academy of Barbering and Cosmetology

-8%

Received Percent Changed

-$2,148

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 56, which is 39.78 % of all undergraduate students. 53 students which is 37.44% of undergraduate students received federal student loans and the average loan amount is $7,309.

For full-time, first-time beginning students (freshmen), 57.44% of students received grants or scholarships and 59% 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 Beau Monde Academy of Barbering and Cosmetology since 2014.

For that period, the average number of students who received grants aid/scholarships is 56, which is 39.78 % of all undergraduate students. 53 students which is 37.44% of undergraduate students received federal student loans and the average loan amount is $7,309.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1525 (41%)$7,87323 (38%)$3,47622 (36%)$5,312
2015-1665 (47%)$4,08865 (47%)$4,08864 (46%)$7,820
2016-1771 (72%)$4,21571 (72%)$4,20167 (68%)$7,708
2017-1891 (45%)$4,28891 (45%)$4,28882 (40%)$6,901
2018-1960 (34%)$4,77960 (34%)$4,77957 (32%)$7,486
2019-2053 (30%)$4,49853 (30%)$4,49857 (32%)$7,243
2020-2152 (30%)$4,91552 (30%)$4,91550 (29%)$8,053
2021-2240 (26%)$4,89540 (26%)$4,89540 (26%)$7,343
2022-2347 (33%)$5,72547 (33%)$5,72540 (28%)$7,917
Average56 (39.78%)$5,03156 (39.44%)$4,54153 (37.44%)$7,309
*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, 22 (57.44 % of students) received grants or scholarships and its average amount is $4,759. It can cover 24.82% of tuition & fees ($19,173).

In addition, 24 (59.44 % of students) students get helped from the students loans (average amount : $7,522).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1523 (38%)$3,47622 (36%)$5,312
2015-1632 (49%)$3,63743 (66%)$8,055
2016-1718 (58%)$3,87617 (55%)$7,868
2017-1841 (65%)$5,57240 (63%)$8,241
2018-1922 (37%)$4,04122 (37%)$7,009
2019-2015 (65%)$5,48020 (87%)$7,129
2020-2118 (86%)$5,43416 (76%)$8,693
2021-2218 (69%)$5,11717 (65%)$7,432
2022-2315 (50%)$6,20215 (50%)$7,961
Average22 (57.44%)$4,75924 (59.44%)$7,522
*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, 22 (57.44 % of students) received Pell (federal) grants and its average amount is $4,759.

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
2014-1523 (38%)$3,476------
2015-1632 (49%)$3,637------
2016-1718 (58%)$3,876------
2017-1841 (65%)$5,572------
2018-1922 (37%)$4,041------
2019-2015 (65%)$5,480------
2020-2118 (86%)$5,434------
2021-2218 (69%)$5,117------
2022-2315 (50%)$6,202------
Average22 (57.44%)$4,759------
*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, 24 (59.44 % of students) get any students loan help and its average loan amount is $24.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1522 (36%)$5,31222 (36%)$5,312--
2015-1643 (66%)$8,05543 (66%)$8,055--
2016-1717 (55%)$7,86817 (55%)$7,868--
2017-1840 (63%)$8,24140 (63%)$8,241--
2018-1922 (37%)$7,00922 (37%)$7,009--
2019-2020 (87%)$7,12920 (87%)$7,129--
2020-2116 (76%)$8,69316 (76%)$8,693--
2021-2217 (65%)$7,43217 (65%)$7,432--
2022-2315 (50%)$7,96115 (50%)$7,961--
Average24 (59.44%)$7,52224 (59.44%)$7,522--

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