Scholarships, Grants, and Loan Trends at CV Beauty College

-5%

Received Percent Changed

$228

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 81, which is 64.22 % of all undergraduate students. 69 students which is 55.56% of undergraduate students received federal student loans and the average loan amount is $2,790.

For full-time, first-time beginning students (freshmen), 71.89% of students received grants or scholarships and 63% 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 MJ Barber & Beauty Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 81, which is 64.22 % of all undergraduate students. 69 students which is 55.56% of undergraduate students received federal student loans and the average loan amount is $2,790.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1566 (69%)$4,69766 (69%)$4,69751 (53%)$2,167
2015-1660 (73%)$4,80260 (73%)$4,80249 (60%)$2,343
2016-1745 (65%)$4,32045 (65%)$4,32044 (64%)$2,828
2017-1865 (68%)$4,35865 (68%)$4,35871 (74%)$2,938
2018-1981 (61%)$4,38381 (61%)$4,38372 (55%)$2,469
2019-2088 (63%)$4,81083 (60%)$4,48572 (52%)$2,300
2020-2181 (59%)$4,71081 (59%)$4,71054 (39%)$2,527
2021-22105 (56%)$4,671105 (56%)$4,67186 (46%)$3,471
2022-23139 (64%)$4,925139 (64%)$4,925123 (57%)$4,068
Average81 (64.22%)$4,63181 (63.89%)$4,59569 (55.56%)$2,790
*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, 29 (71.89 % of students) received grants or scholarships and its average amount is $5,222. It can cover 61.43% of tuition & fees ($8,500).

In addition, 25 (63.00 % of students) students get helped from the students loans (average amount : $3,004).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1525 (83%)$5,16523 (77%)$2,773
2015-1623 (85%)$5,37221 (78%)$2,776
2016-178 (57%)$5,5738 (57%)$2,996
2017-1824 (75%)$5,04024 (75%)$2,899
2018-1937 (77%)$4,81429 (60%)$2,399
2019-2033 (73%)$5,00426 (58%)$2,713
2020-2128 (65%)$5,44218 (42%)$2,488
2021-2235 (63%)$4,82632 (57%)$3,555
2022-2346 (69%)$5,76142 (63%)$4,439
Average29 (71.89%)$5,22225 (63.00%)$3,004
*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, 28 (70.89 % of students) received Pell (federal) grants and its average amount is $5,203.

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
2014-1525 (83%)$5,165------
2015-1623 (85%)$5,372------
2016-178 (57%)$5,573------
2017-1824 (75%)$5,040------
2018-1937 (77%)$4,814------
2019-2029 (64%)$4,83422 (49%)$1,134----
2020-2128 (65%)$5,442------
2021-2235 (63%)$4,826------
2022-2346 (69%)$5,761------
Average28 (70.89%)$5,20322 (49.00%)$1,134----
*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, 25 (63.00 % of students) get any students loan help and its average loan amount is $25.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1523 (77%)$2,77323 (77%)$2,773--
2015-1621 (78%)$2,77621 (78%)$2,776--
2016-178 (57%)$2,9968 (57%)$2,996--
2017-1824 (75%)$2,89924 (75%)$2,899--
2018-1929 (60%)$2,39929 (60%)$2,399--
2019-2026 (58%)$2,71326 (58%)$2,713--
2020-2118 (42%)$2,48818 (42%)$2,488--
2021-2232 (57%)$3,55532 (57%)$3,555--
2022-2342 (63%)$4,43942 (63%)$4,439--
Average25 (63.00%)$3,00425 (63.00%)$3,004--

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