Scholarships, Grants, and Loan Trends at Mississippi Institute

-11%

Received Percent Changed

$353

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 42, which is 35.00 % of all undergraduate students. 52 students which is 43.11% of undergraduate students received federal student loans and the average loan amount is $5,435.

For full-time, first-time beginning students (freshmen), 55.25% of students received grants or scholarships and 61% 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 Mississippi Institute of Aesthetics Nails & Cosmetology since 2014.

For that period, the average number of students who received grants aid/scholarships is 42, which is 35.00 % of all undergraduate students. 52 students which is 43.11% of undergraduate students received federal student loans and the average loan amount is $5,435.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1554 (36%)$3,81754 (36%)$3,81767 (45%)$6,534
2015-1653 (41%)$4,35853 (41%)$4,35854 (42%)$6,553
2016-1739 (34%)$3,80739 (34%)$3,80743 (38%)$4,742
2017-1842 (39%)$3,74242 (39%)$3,74252 (48%)$4,752
2018-1955 (51%)$3,99955 (51%)$3,99961 (56%)$5,241
2019-2047 (39%)$4,12147 (39%)$4,12149 (40%)$4,807
2020-2125 (20%)$3,97525 (20%)$3,97545 (37%)$5,260
2021-2235 (30%)$4,18335 (30%)$4,18354 (47%)$5,342
2022-2332 (25%)$4,17032 (25%)$4,17044 (35%)$5,685
Average42 (35.00%)$4,01942 (35.00%)$4,01952 (43.11%)$5,435
*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, 4 (55.25 % of students) received grants or scholarships and its average amount is $4,510. It can cover 27.33% of tuition & fees ($16,500).

In addition, 5 (60.50 % of students) students get helped from the students loans (average amount : $6,026).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-155 (31%)$2,91510 (63%)$6,371
2015-165 (83%)$5,1885 (83%)$7,854
2016-173 (60%)$5,1475 (100%)$5,777
2017-183 (100%)$3,8791 (33%)$2,647
2018-1910 (59%)$4,23214 (82%)$4,896
2019-203 (43%)$5,0794 (57%)$5,515
2020-21----
2021-222 (33%)$4,8202 (33%)$7,573
2022-232 (33%)$4,8202 (33%)$7,573
Average4 (55.25%)$4,5105 (60.50%)$6,026
*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, 4 (55.25 % of students) received Pell (federal) grants and its average amount is $4,510.

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
2014-155 (31%)$2,915------
2015-165 (83%)$5,188------
2016-173 (60%)$5,147------
2017-183 (100%)$3,879------
2018-1910 (59%)$4,232------
2019-203 (43%)$5,079------
2020-21--------
2021-222 (33%)$4,820------
2022-232 (33%)$4,820------
Average4 (55.25%)$4,510------
*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, 5 (60.50 % of students) get any students loan help and its average loan amount is $5.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1510 (63%)$6,37110 (63%)$6,371--
2015-165 (83%)$7,8545 (83%)$7,854--
2016-175 (100%)$5,7775 (100%)$5,777--
2017-181 (33%)$2,6471 (33%)$2,647--
2018-1914 (82%)$4,89614 (82%)$4,896--
2019-204 (57%)$5,5154 (57%)$5,515--
2020-21------
2021-222 (33%)$7,5732 (33%)$7,573--
2022-232 (33%)$7,5732 (33%)$7,573--
Average5 (60.50%)$6,0265 (60.50%)$6,026--

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