Scholarships, Grants, and Loan Trends at Hair Academy School of Barbering & Beauty

3%

Received Percent Changed

-$2,797

Received Amount Changes

Over the past 9 years (2016-2023), the average number of students who received grants aid/scholarships is 23, which is 62.25 % of all undergraduate students. 23 students which is 61.38% of undergraduate students received federal student loans and the average loan amount is $6,065.

For full-time, first-time beginning students (freshmen), 72.00% of students received grants or scholarships and 68% 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 Hair Academy School of Barbering & Beauty since 2015.

For that period, the average number of students who received grants aid/scholarships is 23, which is 62.25 % of all undergraduate students. 23 students which is 61.38% of undergraduate students received federal student loans and the average loan amount is $6,065.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1617 (50%)$5,90110 (29%)$4,4727 (21%)$7,258
2016-1721 (46%)$5,28421 (46%)$4,73121 (46%)$7,209
2017-1827 (59%)$5,09627 (59%)$4,93030 (65%)$6,520
2018-1926 (76%)$6,28726 (76%)$6,09528 (82%)$9,500
2019-2025 (71%)$2,93423 (66%)$2,49328 (80%)$4,157
2020-2127 (68%)$3,91026 (65%)$3,72830 (75%)$4,386
2021-2224 (75%)$2,71422 (69%)$2,68424 (75%)$5,141
2022-2317 (53%)$3,10417 (53%)$3,10415 (47%)$4,349
Average23 (62.25%)$4,40422 (57.88%)$4,03023 (61.38%)$6,065
*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 9 years, on average, 13 (72.00 % of students) received grants or scholarships and its average amount is $4,950. It can cover 31.03% of tuition & fees ($15,950).

In addition, 12 (68.00 % of students) students get helped from the students loans (average amount : $6,840).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1612 (57%)$6,6307 (33%)$7,258
2016-1715 (56%)$5,11315 (56%)$6,819
2017-1811 (52%)$5,45813 (62%)$6,213
2018-1915 (75%)$6,42816 (80%)$9,500
2019-2010 (77%)$5,37610 (77%)$9,500
2020-2115 (88%)$4,13911 (65%)$4,620
2021-2216 (80%)$3,06016 (80%)$7,945
2022-2310 (91%)$3,39410 (91%)$2,866
Average13 (72.00%)$4,95012 (68.00%)$6,840
*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 9 years, on average, 12 (69.00 % of students) received Pell (federal) grants and its average amount is $4,440.

In addition, 2 students received State/local government grants/scholarships (11.20 % 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
2015-169 (43%)$4,422--7 (33%)$4,8731 (5%)$5,650
2016-1715 (56%)$4,648--1 (4%)$6,980--
2017-1811 (52%)$5,458------
2018-1915 (75%)$6,095--1 (5%)$5,000--
2019-2010 (77%)$4,876--1 (8%)$5,000--
2020-2115 (88%)$3,562--1 (6%)$8,650--
2021-2214 (70%)$3,061----2 (10%)$3,050
2022-2310 (91%)$3,394------
Average12 (69.00%)$4,440--2 (11.20%)$6,1012 (7.50%)$4,350
*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 9 years, on average, 12 (68.00 % of students) get any students loan help and its average loan amount is $12.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-167 (33%)$7,2587 (33%)$7,258--
2016-1715 (56%)$6,81915 (56%)$6,819--
2017-1813 (62%)$6,21313 (62%)$6,213--
2018-1916 (80%)$9,50016 (80%)$9,500--
2019-2010 (77%)$9,50010 (77%)$9,500--
2020-2111 (65%)$4,62011 (65%)$4,620--
2021-2216 (80%)$7,94515 (75%)$7,4751 (5%)$14,995
2022-2310 (91%)$2,86610 (91%)$2,866--
Average12 (68.00%)$6,84012 (67.38%)$6,7811 (5.00%)$14,995

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