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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 Hairstyling Institute-Arecibo since 2011.
For that period, the average number of students who received grants aid/scholarships is 110, which is 96.09 % of all undergraduate students.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1295 (99%)$6,46795 (99%)$5,550--
2012-1395 (96%)$6,46795 (96%)$5,550--
2013-14120 (98%)$6,562120 (98%)$5,645--
2014-1585 (98%)$6,69285 (98%)$5,730--
2015-1698 (97%)$6,80098 (97%)$5,775--
2016-17127 (96%)$6,800127 (96%)$5,815--
2017-18132 (93%)$6,800132 (93%)$5,920--
2018-19124 (91%)$6,962124 (91%)$6,095--
2019-20108 (94%)$7,062108 (94%)$6,195--
2020-21103 (95%)$7,541103 (95%)$6,345--
2021-22122 (100%)$7,941110 (90%)$6,895--
Average110 (96.09%)$6,918109 (95.18%)$5,956--

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

OverviewGrants/Scholarship
For the last 12 years, on average, 97 (100.00 % of students) received grants or scholarships and its average amount is $6,770. It can cover 69.08% of tuition & fees ($9,800).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1279 (100%)$6,467--
2012-1379 (100%)$6,467--
2013-14109 (100%)$6,562--
2014-1576 (100%)$6,647--
2015-1684 (100%)$6,692--
2016-17117 (100%)$6,732--
2017-18132 (100%)$6,262--
2018-19124 (100%)$6,962--
2019-20105 (100%)$7,062--
2020-2175 (100%)$7,252--
2021-2284 (100%)$7,362--
Average97 (100.00%)$6,770--
*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, 97 (100.00 % of students) received Pell (federal) grants and its average amount is $5,871.
In addition, 97 students received State/local government grants/scholarships (100.00 % 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
2011-1279 (100%)$5,55079 (100%)$50079 (100%)$25079 (100%)$167
2012-1379 (100%)$5,55079 (100%)$50079 (100%)$25079 (100%)$167
2013-14109 (100%)$5,645109 (100%)$500109 (100%)$250109 (100%)$167
2014-1576 (100%)$5,73076 (100%)$50076 (100%)$25076 (100%)$167
2015-1684 (100%)$5,77584 (100%)$50084 (100%)$25084 (100%)$167
2016-17117 (100%)$5,815117 (100%)$500117 (100%)$250117 (100%)$167
2017-18132 (100%)$5,382132 (100%)$500132 (100%)$200132 (100%)$180
2018-19124 (100%)$6,095124 (100%)$500124 (100%)$200124 (100%)$167
2019-20105 (100%)$6,195105 (100%)$500105 (100%)$200105 (100%)$167
2020-2175 (100%)$6,34575 (100%)$50075 (100%)$20075 (100%)$207
2021-2284 (100%)$6,49584 (100%)$50084 (100%)$20084 (100%)$167
Average97 (100.00%)$5,87197 (100.00%)$50097 (100.00%)$22797 (100.00%)$172
*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..
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