Scholarships, Grants, and Loan Trends at Morgantown Beauty College Inc

-6%

Received Percent Changed

$1,159

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 69, which is 53.00 % of all undergraduate students. 74 students which is 57.33% of undergraduate students received federal student loans and the average loan amount is $6,328.

For full-time, first-time beginning students (freshmen), 61.11% of students received grants or scholarships and 73% 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 Morgantown Beauty College Inc since 2014.

For that period, the average number of students who received grants aid/scholarships is 69, which is 53.00 % of all undergraduate students. 74 students which is 57.33% of undergraduate students received federal student loans and the average loan amount is $6,328.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1569 (60%)$2,86569 (60%)$2,86582 (71%)$4,167
2015-1654 (52%)$4,72554 (52%)$4,72568 (66%)$6,199
2016-1770 (48%)$4,34570 (48%)$4,34579 (54%)$6,672
2017-1875 (60%)$4,75875 (60%)$4,75871 (57%)$7,202
2018-1968 (52%)$4,33068 (52%)$4,33073 (56%)$6,522
2019-2067 (52%)$4,62767 (52%)$4,62769 (54%)$6,926
2020-2178 (51%)$4,11778 (51%)$4,11777 (50%)$6,706
2021-2267 (48%)$4,62567 (48%)$4,62578 (56%)$6,891
2022-2369 (54%)$4,02469 (54%)$4,02466 (52%)$5,668
Average69 (53.00%)$4,26869 (53.00%)$4,26874 (57.33%)$6,328
*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, 23 (61.11 % of students) received grants or scholarships and its average amount is $4,390. It can cover 20.88% of tuition & fees ($21,025).

In addition, 27 (73.44 % of students) students get helped from the students loans (average amount : $5,630).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-158 (40%)$5,73013 (65%)$5,865
2015-1621 (72%)$4,41527 (93%)$7,244
2016-1729 (66%)$3,99536 (82%)$4,961
2017-1822 (65%)$4,17623 (68%)$5,384
2018-1927 (66%)$4,32332 (78%)$5,149
2019-2022 (69%)$3,93326 (81%)$6,174
2020-2130 (67%)$4,29729 (64%)$6,018
2021-2224 (51%)$4,53730 (64%)$4,988
2022-2322 (54%)$4,10827 (66%)$4,887
Average23 (61.11%)$4,39027 (73.44%)$5,630
*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, 23 (61.11 % of students) received Pell (federal) grants and its average amount is $4,390.

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
2014-158 (40%)$5,730------
2015-1621 (72%)$4,415------
2016-1729 (66%)$3,995------
2017-1822 (65%)$4,176------
2018-1927 (66%)$4,323------
2019-2022 (69%)$3,933------
2020-2130 (67%)$4,297------
2021-2224 (51%)$4,537------
2022-2322 (54%)$4,108------
Average23 (61.11%)$4,390------
*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 (73.44 % 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
2014-1513 (65%)$5,86513 (65%)$5,865--
2015-1627 (93%)$7,24427 (93%)$7,244--
2016-1736 (82%)$4,96136 (82%)$4,961--
2017-1823 (68%)$5,38423 (68%)$5,384--
2018-1932 (78%)$5,14932 (78%)$5,149--
2019-2026 (81%)$6,17426 (81%)$6,174--
2020-2129 (64%)$6,01829 (64%)$6,018--
2021-2230 (64%)$4,98830 (64%)$4,988--
2022-2327 (66%)$4,88727 (66%)$4,887--
Average27 (73.44%)$5,63027 (73.44%)$5,630--

Ratings & Review

Share your experiences and thoughts about Morgantown Beauty College Inc. It will be a great help to applicants and prospective students!