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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Medspa Academies since 2011.
For that period, the average number of students who received grants aid/scholarships is 98, which is 36.00 % of all undergraduate students. 132 students which is 47.27% of undergraduate students received federal student loans and the average loan amount is $6,756.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1237 (26%)$3,45635 (24%)$2,94343 (30%)$7,672
2012-1394 (48%)$3,65394 (48%)$3,478100 (52%)$7,593
2013-1497 (42%)$3,69297 (42%)$3,667104 (45%)$7,683
2014-1594 (38%)$3,98994 (38%)$3,84089 (36%)$7,677
2015-16109 (41%)$3,193108 (40%)$3,147137 (51%)$6,400
2016-1794 (36%)$3,38994 (36%)$3,389149 (58%)$6,513
2017-18124 (42%)$3,740124 (42%)$3,740175 (59%)$6,672
2018-19124 (36%)$3,803124 (36%)$3,803181 (53%)$6,309
2019-2099 (30%)$3,87899 (30%)$3,878158 (47%)$6,148
2020-21102 (30%)$3,867102 (30%)$3,867161 (47%)$5,440
2021-22100 (27%)$4,177100 (27%)$4,177157 (42%)$6,209
Average98 (36.00%)$3,71297 (35.73%)$3,630132 (47.27%)$6,756

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 43 (41.73 % of students) received grants or scholarships and its average amount is $4,281. It can cover 25.18% of tuition & fees ($17,000).
In addition, 63 (57.36 % of students) students get helped from the students loans (average amount : $7,343).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1223 (32%)$4,09323 (32%)$7,935
2012-1346 (60%)$4,23863 (82%)$7,876
2013-1436 (52%)$4,22849 (71%)$7,311
2014-1527 (55%)$4,69027 (55%)$7,147
2015-1636 (46%)$4,03247 (59%)$6,703
2016-1736 (43%)$3,84959 (70%)$7,473
2017-1851 (43%)$4,63080 (67%)$7,578
2018-1956 (42%)$3,85673 (54%)$7,319
2019-2047 (28%)$4,25079 (48%)$7,381
2020-2157 (30%)$4,49286 (46%)$6,812
2021-2263 (28%)$4,732106 (47%)$7,239
Average43 (41.73%)$4,28163 (57.36%)$7,343
*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 12 years, on average, 43 (41.64 % of students) received Pell (federal) grants and its average amount is $4,177.
In addition, 1 students received State/local government grants/scholarships (1.00 % 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
2011-1222 (31%)$3,128--1 (1%)$7,5259 (13%)$1,977
2012-1346 (60%)$4,125--1 (1%)$5,200--
2013-1436 (52%)$4,162--1 (1%)$2,376--
2014-1527 (55%)$4,690------
2015-1636 (46%)$4,032------
2016-1736 (43%)$3,849------
2017-1851 (43%)$4,630------
2018-1956 (42%)$3,856------
2019-2047 (28%)$4,250------
2020-2157 (30%)$4,492------
2021-2263 (28%)$4,732------
Average43 (41.64%)$4,177--1 (1.00%)$5,0349 (13.00%)$1,977
*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 12 years, on average, 63 (57.36 % of students) get any students loan help and its average loan amount is $63.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1223 (32%)$7,93523 (32%)$7,935--
2012-1363 (82%)$7,87663 (82%)$7,876--
2013-1449 (71%)$7,31149 (71%)$7,311--
2014-1527 (55%)$7,14727 (55%)$7,147--
2015-1647 (59%)$6,70347 (59%)$6,703--
2016-1759 (70%)$7,47359 (70%)$7,473--
2017-1880 (67%)$7,57880 (67%)$7,578--
2018-1973 (54%)$7,31973 (54%)$7,319--
2019-2079 (48%)$7,38179 (48%)$7,381--
2020-2186 (46%)$6,81286 (46%)$6,812--
2021-22106 (47%)$7,239106 (47%)$7,239--
Average63 (57.36%)$7,34363 (57.36%)$7,343--

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