How Omega Institute of Cosmetology's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Omega Institute of Cosmetology since 2011.

For that period, the average number of students who received grants aid/scholarships is 42, which is 52.91 % of all undergraduate students. 30 students which is 39.45% of undergraduate students received federal student loans and the average loan amount is $5,289.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	41 (36%)	$2,708	33 (29%)	$3,098	16 (14%)	$5,006
2012-13	35 (40%)	$2,771	24 (28%)	$3,655	12 (14%)	$4,781
2013-14	39 (47%)	$3,066	23 (28%)	$3,965	42 (51%)	$4,910
2014-15	55 (65%)	$4,881	39 (46%)	$3,714	21 (25%)	$5,508
2015-16	37 (45%)	$3,422	29 (35%)	$3,680	29 (35%)	$5,472
2016-17	42 (53%)	$3,439	27 (34%)	$4,395	26 (33%)	$4,456
2017-18	38 (50%)	$3,035	26 (34%)	$3,524	23 (30%)	$6,078
2018-19	37 (49%)	$5,163	31 (41%)	$4,910	41 (54%)	$5,156
2019-20	51 (72%)	$4,099	32 (45%)	$4,851	40 (56%)	$5,578
2020-21	47 (66%)	$4,935	28 (39%)	$5,484	37 (52%)	$6,603
2021-22	41 (59%)	$3,639	30 (43%)	$4,088	48 (70%)	$4,628
Average	42 (52.91%)	$3,742	29 (36.55%)	$4,124	30 (39.45%)	$5,289

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

For the last 12 years, on average, 20 (63.91 % of students) received grants or scholarships and its average amount is $4,190. It can cover 25.40% of tuition & fees ($16,500).

In addition, 16 (51.55 % of students) students get helped from the students loans (average amount : $5,445).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	18 (62%)	$3,890	15 (52%)	$5,151
2012-13	18 (82%)	$3,685	11 (50%)	$4,958
2013-14	21 (81%)	$3,966	16 (62%)	$5,140
2014-15	14 (56%)	$3,932	12 (48%)	$5,247
2015-16	12 (50%)	$4,028	16 (67%)	$5,423
2016-17	27 (60%)	$3,292	12 (27%)	$5,583
2017-18	22 (61%)	$2,991	9 (25%)	$5,409
2018-19	21 (51%)	$5,602	23 (56%)	$5,724
2019-20	34 (76%)	$3,743	26 (58%)	$5,010
2020-21	22 (59%)	$5,634	19 (51%)	$6,384
2021-22	11 (65%)	$5,329	12 (71%)	$5,865
Average	20 (63.91%)	$4,190	16 (51.55%)	$5,445

^*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 (46.09 % of students) received Pell (federal) grants and its average amount is $4,507.

In addition, 8 students received State/local government grants/scholarships (25.91 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	16 (55%)	$4,072	-	-	3 (10%)	$1,626	-	-
2012-13	13 (59%)	$4,613	-	-	5 (23%)	$1,271	-	-
2013-14	15 (58%)	$3,805	-	-	13 (50%)	$2,016	-	-
2014-15	13 (52%)	$3,664	-	-	4 (16%)	$1,853	-	-
2015-16	9 (38%)	$4,371	-	-	6 (25%)	$1,500	-	-
2016-17	16 (36%)	$4,527	-	-	11 (24%)	$1,495	-	-
2017-18	13 (36%)	$3,675	-	-	12 (33%)	$1,503	-	-
2018-19	17 (41%)	$5,081	-	-	10 (24%)	$3,127	-	-
2019-20	20 (44%)	$4,224	20 (44%)	$944	13 (29%)	$1,839	-	-
2020-21	13 (35%)	$6,027	19 (51%)	$1,116	10 (27%)	$2,441	-	-
2021-22	9 (53%)	$5,513	-	-	4 (24%)	$2,248	-	-
Average	14 (46.09%)	$4,507	20 (47.50%)	$1,030	8 (25.91%)	$1,902	-	-

^*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, 16 (51.55 % of students) get any students loan help and its average loan amount is $16.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	15 (52%)	$5,151	15 (52%)	$5,151	-	-
2012-13	11 (50%)	$4,958	11 (50%)	$4,958	-	-
2013-14	16 (62%)	$5,140	16 (62%)	$5,140	-	-
2014-15	12 (48%)	$5,247	12 (48%)	$5,247	-	-
2015-16	16 (67%)	$5,423	16 (67%)	$5,423	-	-
2016-17	12 (27%)	$5,583	12 (27%)	$5,583	-	-
2017-18	9 (25%)	$5,409	9 (25%)	$5,409	-	-
2018-19	23 (56%)	$5,724	23 (56%)	$5,724	-	-
2019-20	26 (58%)	$5,010	26 (58%)	$5,010	-	-
2020-21	19 (51%)	$6,384	19 (51%)	$6,384	-	-
2021-22	12 (71%)	$5,865	12 (71%)	$5,865	-	-
Average	16 (51.55%)	$5,445	16 (51.55%)	$5,445	-	-

Scholarships, Grants, and Loan Trends at Omega Institute of Cosmetology

All Undergraduate Students Financial Aid Over Time

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

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