Scholarships, Grants, and Loan Trends at Fountain of Youth Academy of Cosmetology

5%

Received Percent Changed

-$2,174

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 39, which is 39.56 % of all undergraduate students. 44 students which is 44.00% of undergraduate students received federal student loans and the average loan amount is $6,593.

For full-time, first-time beginning students (freshmen), 40.11% of students received grants or scholarships and 55% 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 Fountain of Youth Academy of Cosmetology since 2014.

For that period, the average number of students who received grants aid/scholarships is 39, which is 39.56 % of all undergraduate students. 44 students which is 44.00% of undergraduate students received federal student loans and the average loan amount is $6,593.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153 (14%)$4,5863 (14%)$4,5864 (19%)$9,500
2015-1624 (55%)$2,80111 (25%)$4,80015 (34%)$7,587
2016-1718 (32%)$4,5069 (16%)$4,61626 (46%)$4,725
2017-1813 (27%)$3,8479 (18%)$4,05216 (33%)$5,026
2018-1930 (39%)$3,12230 (39%)$3,12238 (49%)$7,619
2019-2073 (68%)$3,23773 (68%)$3,23787 (81%)$6,640
2020-2176 (49%)$3,33076 (49%)$3,33088 (57%)$6,395
2021-2290 (53%)$3,11690 (53%)$3,11693 (55%)$5,924
2022-2322 (19%)$2,41222 (19%)$2,41226 (22%)$5,924
Average39 (39.56%)$3,44036 (33.44%)$3,69744 (44.00%)$6,593
*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, 6 (40.11 % of students) received grants or scholarships and its average amount is $4,139. It can cover 42.41% of tuition & fees ($9,760).

In addition, 9 (55.22 % of students) students get helped from the students loans (average amount : $6,578).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-153 (50%)$4,5864 (67%)$9,500
2015-167 (32%)$4,4148 (36%)$7,982
2016-178 (31%)$4,63220 (77%)$5,130
2017-186 (24%)$4,62511 (44%)$5,743
2018-197 (39%)$3,8678 (44%)$7,440
2019-208 (50%)$4,17912 (75%)$8,202
2020-215 (42%)$4,2145 (42%)$5,709
2021-227 (78%)$3,2908 (89%)$4,105
2022-232 (15%)$3,4483 (23%)$5,387
Average6 (40.11%)$4,1399 (55.22%)$6,578
*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, 5 (38.22 % of students) received Pell (federal) grants and its average amount is $4,289.

In addition, 2 students received State/local government grants/scholarships (8.00 % of students).

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
2014-153 (50%)$4,586------
2015-166 (27%)$5,020----1 (5%)$775
2016-176 (23%)$5,181--3 (12%)$1,988--
2017-185 (20%)$4,817--1 (4%)$3,667--
2018-197 (39%)$3,867------
2019-208 (50%)$4,179------
2020-215 (42%)$4,214------
2021-227 (78%)$3,290------
2022-232 (15%)$3,448------
Average5 (38.22%)$4,289--2 (8.00%)$2,8281 (5.00%)$775
*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, 9 (55.22 % of students) get any students loan help and its average loan amount is $9.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-154 (67%)$9,5004 (67%)$9,500--
2015-168 (36%)$7,9828 (36%)$7,982--
2016-1720 (77%)$5,13020 (77%)$5,130--
2017-1811 (44%)$5,74311 (44%)$5,743--
2018-198 (44%)$7,4408 (44%)$7,440--
2019-2012 (75%)$8,20212 (75%)$8,202--
2020-215 (42%)$5,7095 (42%)$5,709--
2021-228 (89%)$4,1058 (89%)$4,105--
2022-233 (23%)$5,3873 (23%)$5,387--
Average9 (55.22%)$6,5789 (55.22%)$6,578--

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