Scholarships, Grants, and Loan Trends at Elevate Salon Institute

-21%

Received Percent Changed

$690

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 90, which is 51.00 % of all undergraduate students. 99 students which is 55.33% of undergraduate students received federal student loans and the average loan amount is $7,408.

For full-time, first-time beginning students (freshmen), 65.22% 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 Elevate Salon Institute since 2014.

For that period, the average number of students who received grants aid/scholarships is 90, which is 51.00 % of all undergraduate students. 99 students which is 55.33% of undergraduate students received federal student loans and the average loan amount is $7,408.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15128 (54%)$3,686128 (54%)$3,684123 (51%)$7,889
2015-1677 (48%)$3,86177 (48%)$3,86178 (49%)$8,012
2016-1751 (53%)$3,74651 (53%)$3,74650 (52%)$7,636
2017-1867 (63%)$4,36065 (61%)$4,17176 (72%)$9,121
2018-1998 (64%)$4,05694 (61%)$4,07998 (64%)$7,876
2019-20113 (59%)$4,219111 (58%)$4,045125 (65%)$7,013
2020-2194 (45%)$4,08094 (45%)$3,97393 (45%)$7,467
2021-2286 (40%)$4,46586 (40%)$4,465119 (56%)$5,699
2022-2394 (33%)$4,37694 (33%)$4,376126 (44%)$5,955
Average90 (51.00%)$4,09489 (50.33%)$4,04499 (55.33%)$7,408
*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, 21 (65.22 % of students) received grants or scholarships and its average amount is $4,472. It can cover 32.22% of tuition & fees ($13,880).

In addition, 27 (77.22 % of students) students get helped from the students loans (average amount : $8,095).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1533 (73%)$3,82038 (84%)$8,454
2015-1625 (89%)$4,05624 (86%)$8,444
2016-177 (88%)$4,1667 (88%)$6,738
2017-1818 (75%)$5,29922 (92%)$11,471
2018-1924 (67%)$4,40630 (83%)$9,019
2019-2022 (55%)$4,70632 (80%)$7,567
2020-2120 (57%)$4,90725 (71%)$8,346
2021-2213 (57%)$4,08915 (65%)$7,675
2022-2326 (26%)$4,79846 (46%)$5,137
Average21 (65.22%)$4,47227 (77.22%)$8,095
*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, 21 (65.22 % of students) received Pell (federal) grants and its average amount is $4,472.

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
2014-1533 (73%)$3,820------
2015-1625 (89%)$4,056------
2016-177 (88%)$4,166------
2017-1818 (75%)$5,299------
2018-1924 (67%)$4,406------
2019-2022 (55%)$4,706------
2020-2120 (57%)$4,907------
2021-2213 (57%)$4,089------
2022-2326 (26%)$4,798------
Average21 (65.22%)$4,472------
*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, 27 (77.22 % of students) get any students loan help and its average loan amount is $27.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1538 (84%)$8,45438 (84%)$8,454--
2015-1624 (86%)$8,44424 (86%)$8,444--
2016-177 (88%)$6,7387 (88%)$6,738--
2017-1822 (92%)$11,47122 (92%)$11,471--
2018-1930 (83%)$9,01930 (83%)$9,019--
2019-2032 (80%)$7,56732 (80%)$7,567--
2020-2125 (71%)$8,34625 (71%)$8,346--
2021-2215 (65%)$7,67515 (65%)$7,675--
2022-2346 (46%)$5,13746 (46%)$5,137--
Average27 (77.22%)$8,09527 (77.22%)$8,095--

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