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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 Modern Beauty Academy since 2011.
For that period, the average number of students who received grants aid/scholarships is 44, which is 59.36 % of all undergraduate students. 31 students which is 41.82% of undergraduate students received federal student loans and the average loan amount is $4,920.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1259 (75%)$4,10359 (75%)$3,96740 (51%)$4,757
2012-1362 (87%)$3,99461 (86%)$3,94644 (62%)$4,177
2013-1459 (89%)$4,20758 (88%)$4,10036 (55%)$3,107
2014-1544 (72%)$4,84542 (69%)$4,70922 (36%)$4,524
2015-1642 (67%)$4,48939 (62%)$4,61127 (43%)$5,579
2016-1737 (51%)$4,67136 (50%)$4,62027 (38%)$4,827
2017-1839 (51%)$4,36934 (45%)$4,55732 (42%)$5,554
2018-1930 (37%)$4,85729 (35%)$4,77326 (32%)$5,344
2019-2026 (35%)$4,45326 (35%)$4,09921 (28%)$7,206
2020-2130 (40%)$4,99129 (39%)$4,90025 (33%)$5,073
2021-2253 (49%)$5,11453 (49%)$4,97043 (40%)$3,969
Average44 (59.36%)$4,55442 (57.55%)$4,47731 (41.82%)$4,920

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 14 (70.09 % of students) received grants or scholarships and its average amount is $5,274. It can cover 37.14% of tuition & fees ($14,200).
In addition, 11 (56.18 % of students) students get helped from the students loans (average amount : $5,222).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1223 (100%)$4,26120 (87%)$4,607
2012-1322 (88%)$3,80220 (80%)$4,300
2013-1410 (77%)$5,4948 (62%)$3,969
2014-1523 (96%)$5,19413 (54%)$5,346
2015-1616 (70%)$5,78211 (48%)$5,795
2016-1715 (68%)$5,94513 (59%)$5,384
2017-1811 (69%)$4,6459 (56%)$6,075
2018-198 (47%)$6,2027 (41%)$4,151
2019-2010 (67%)$4,7469 (60%)$8,111
2020-2110 (42%)$6,1559 (38%)$5,312
2021-227 (47%)$5,7885 (33%)$4,390
Average14 (70.09%)$5,27411 (56.18%)$5,222
*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, 14 (67.82 % of students) received Pell (federal) grants and its average amount is $5,119.
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
2011-1223 (100%)$4,10414 (61%)$259----
2012-1321 (84%)$3,81712 (48%)$292----
2013-1410 (77%)$5,1308 (62%)$454----
2014-1521 (88%)$5,22112 (50%)$277--9 (38%)$722
2015-1616 (70%)$5,42512 (52%)$475----
2016-1715 (68%)$5,65211 (50%)$400----
2017-189 (56%)$5,0442 (13%)$400--2 (13%)$2,450
2018-198 (47%)$5,8527 (41%)$400----
2019-2010 (67%)$4,6263 (20%)$400----
2020-2110 (42%)$5,8757 (29%)$400----
2021-227 (47%)$5,5604 (27%)$400----
Average14 (67.82%)$5,1198 (41.18%)$378--6 (25.50%)$1,586
*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, 11 (56.18 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1220 (87%)$4,60720 (87%)$4,607--
2012-1320 (80%)$4,30020 (80%)$4,300--
2013-148 (62%)$3,9698 (62%)$3,969--
2014-1513 (54%)$5,34613 (54%)$5,346--
2015-1611 (48%)$5,79511 (48%)$5,795--
2016-1713 (59%)$5,38413 (59%)$5,384--
2017-189 (56%)$6,0759 (56%)$6,075--
2018-197 (41%)$4,1517 (41%)$4,151--
2019-209 (60%)$8,1119 (60%)$8,111--
2020-219 (38%)$5,3129 (38%)$5,312--
2021-225 (33%)$4,3905 (33%)$4,390--
Average11 (56.18%)$5,22211 (56.18%)$5,222--

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