Scholarships, Grants, and Loan Trends at M J Murphy Beauty College of Mount Pleasant

-34%

Received Percent Changed

-$141

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 46, which is 87.78 % of all undergraduate students. 32 students which is 64.11% of undergraduate students received federal student loans and the average loan amount is $7,403.

For full-time, first-time beginning students (freshmen), 97.00% 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 M J Murphy Beauty College of Mount Pleasant since 2014.

For that period, the average number of students who received grants aid/scholarships is 46, which is 87.78 % of all undergraduate students. 32 students which is 64.11% of undergraduate students received federal student loans and the average loan amount is $7,403.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1581 (91%)$6,34670 (79%)$4,62968 (76%)$2,294
2015-1668 (96%)$6,59653 (75%)$4,81744 (62%)$11,455
2016-1754 (89%)$4,70454 (89%)$4,70449 (80%)$9,898
2017-1840 (83%)$6,49940 (83%)$5,3936 (13%)$7,375
2018-1930 (94%)$8,33330 (94%)$8,33328 (88%)$7,464
2019-2056 (100%)$5,46430 (54%)$7,50018 (32%)$10,417
2020-2130 (86%)$6,15830 (86%)$6,15828 (80%)$6,769
2021-2233 (94%)$3,00029 (83%)$2,61731 (89%)$3,903
2022-2320 (57%)$6,20515 (43%)$6,56720 (57%)$7,050
Average46 (87.78%)$5,92339 (76.22%)$5,63532 (64.11%)$7,403
*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, 34 (97.00 % of students) received grants or scholarships and its average amount is $5,940. It can cover 36.67% of tuition & fees ($16,200).

In addition, 27 (76.56 % of students) students get helped from the students loans (average amount : $8,971).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1564 (89%)$5,06368 (94%)$2,294
2015-1652 (98%)$4,71244 (83%)$11,455
2016-1744 (100%)$5,77343 (98%)$10,116
2017-1840 (100%)$6,4995 (13%)$8,850
2018-1926 (100%)$5,97922 (85%)$7,318
2019-2030 (100%)$6,65018 (60%)$10,417
2020-2116 (100%)$6,32816 (100%)$10,139
2021-2212 (86%)$6,25012 (86%)$10,083
2022-2320 (100%)$6,20514 (70%)$10,071
Average34 (97.00%)$5,94027 (76.56%)$8,971
*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, 32 (91.22 % of students) received Pell (federal) grants and its average amount is $5,798.

In addition, 12 students received State/local government grants/scholarships (40.00 % 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
2014-1564 (89%)$5,063------
2015-1652 (98%)$4,712------
2016-1744 (100%)$5,773------
2017-1840 (100%)$5,3936 (15%)$7,375----
2018-1926 (100%)$5,979------
2019-2022 (73%)$6,114--12 (40%)$5,417--
2020-2116 (100%)$6,328------
2021-2212 (86%)$6,250------
2022-2315 (75%)$6,5675 (25%)$5,120----
Average32 (91.22%)$5,7986 (20.00%)$6,24812 (40.00%)$5,417--
*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 (76.56 % 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
2014-1568 (94%)$2,29468 (94%)$2,294--
2015-1644 (83%)$11,45544 (83%)$11,455--
2016-1743 (98%)$10,11643 (98%)$10,116--
2017-185 (13%)$8,8505 (13%)$8,850--
2018-1922 (85%)$7,31822 (85%)$7,318--
2019-2018 (60%)$10,41718 (60%)$10,417--
2020-2116 (100%)$10,13916 (100%)$10,139--
2021-2212 (86%)$10,08312 (86%)$10,083--
2022-2314 (70%)$10,07114 (70%)$10,071--
Average27 (76.56%)$8,97127 (76.56%)$8,971--

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