Scholarships, Grants, and Loan Trends at Cosmetology & Spa Academy

16%

Received Percent Changed

$1,225

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 214, which is 49.56 % of all undergraduate students. 246 students which is 56.56% of undergraduate students received federal student loans and the average loan amount is $7,457.

For full-time, first-time beginning students (freshmen), 61.00% of students received grants or scholarships and 77% 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 Cosmetology & Spa Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 214, which is 49.56 % of all undergraduate students. 246 students which is 56.56% of undergraduate students received federal student loans and the average loan amount is $7,457.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15118 (42%)$4,103118 (42%)$4,103121 (43%)$7,581
2015-16161 (51%)$3,962161 (51%)$3,962191 (60%)$7,147
2016-17176 (51%)$4,243176 (51%)$4,243215 (62%)$7,092
2017-18183 (51%)$4,294183 (51%)$4,294204 (56%)$7,223
2018-19194 (48%)$4,877194 (48%)$4,877215 (54%)$7,759
2019-20201 (48%)$4,947201 (48%)$4,947234 (56%)$8,043
2020-21257 (45%)$4,881257 (45%)$4,881310 (54%)$7,816
2021-22303 (52%)$4,886303 (52%)$4,886349 (59%)$7,359
2022-23333 (58%)$5,328333 (58%)$5,328377 (65%)$7,091
Average214 (49.56%)$4,613214 (49.56%)$4,613246 (56.56%)$7,457
*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, 125 (61.00 % of students) received grants or scholarships and its average amount is $4,779. It can cover 20.78% of tuition & fees ($23,000).

In addition, 156 (76.89 % of students) students get helped from the students loans (average amount : $7,438).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1584 (56%)$4,447111 (74%)$7,149
2015-1686 (63%)$4,102112 (82%)$7,470
2016-1786 (64%)$4,377112 (84%)$7,271
2017-18105 (59%)$4,725137 (77%)$7,496
2018-19128 (63%)$4,953148 (73%)$7,786
2019-20124 (65%)$5,024149 (78%)$7,866
2020-21152 (54%)$4,770198 (70%)$7,227
2021-22197 (59%)$5,101235 (71%)$7,291
2022-23159 (66%)$5,512199 (83%)$7,385
Average125 (61.00%)$4,779156 (76.89%)$7,438
*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, 125 (61.00 % of students) received Pell (federal) grants and its average amount is $4,779.

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
2014-1584 (56%)$4,447------
2015-1686 (63%)$4,102------
2016-1786 (64%)$4,377------
2017-18105 (59%)$4,725------
2018-19128 (63%)$4,953------
2019-20124 (65%)$5,024------
2020-21152 (54%)$4,770------
2021-22197 (59%)$5,101------
2022-23159 (66%)$5,512------
Average125 (61.00%)$4,779------
*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, 156 (76.89 % of students) get any students loan help and its average loan amount is $156.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15111 (74%)$7,149111 (74%)$7,149--
2015-16112 (82%)$7,470112 (82%)$7,470--
2016-17112 (84%)$7,271112 (84%)$7,271--
2017-18137 (77%)$7,496137 (77%)$7,496--
2018-19148 (73%)$7,786148 (73%)$7,786--
2019-20149 (78%)$7,866149 (78%)$7,866--
2020-21198 (70%)$7,227198 (70%)$7,227--
2021-22235 (71%)$7,291235 (71%)$7,291--
2022-23199 (83%)$7,385199 (83%)$7,385--
Average156 (76.89%)$7,438156 (76.89%)$7,438--

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