How Palomar 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 Palomar Institute of Cosmetology since 2011.

For that period, the average number of students who received grants aid/scholarships is 120, which is 52.36 % of all undergraduate students. 110 students which is 48.27% of undergraduate students received federal student loans and the average loan amount is $5,603.

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	149 (58%)	$3,759	149 (58%)	$3,651	132 (52%)	$5,925
2012-13	109 (48%)	$3,846	107 (48%)	$3,779	113 (50%)	$5,817
2013-14	92 (40%)	$3,853	85 (37%)	$3,949	104 (45%)	$6,194
2014-15	127 (66%)	$3,195	115 (60%)	$3,439	121 (63%)	$5,180
2015-16	142 (65%)	$3,330	134 (61%)	$3,371	132 (60%)	$5,273
2016-17	95 (47%)	$3,834	92 (45%)	$3,849	110 (54%)	$5,999
2017-18	113 (50%)	$3,414	110 (49%)	$3,414	110 (49%)	$5,148
2018-19	120 (48%)	$3,731	116 (47%)	$3,678	108 (44%)	$5,349
2019-20	141 (65%)	$3,375	99 (45%)	$3,589	96 (44%)	$5,626
2020-21	75 (36%)	$2,987	71 (34%)	$2,943	65 (31%)	$5,541
2021-22	159 (53%)	$3,594	115 (38%)	$3,759	118 (39%)	$5,576
Average	120 (52.36%)	$3,538	108 (47.45%)	$3,584	110 (48.27%)	$5,603

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

For the last 12 years, on average, 30 (62.00 % of students) received grants or scholarships and its average amount is $4,032. It can cover 24.00% of tuition & fees ($16,800).

In addition, 32 (67.27 % of students) students get helped from the students loans (average amount : $5,769).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	43 (70%)	$3,899	51 (84%)	$6,406
2012-13	29 (71%)	$3,749	31 (76%)	$6,524
2013-14	32 (68%)	$4,137	36 (77%)	$6,122
2014-15	29 (66%)	$4,221	34 (77%)	$5,388
2015-16	34 (63%)	$3,692	39 (72%)	$5,408
2016-17	17 (59%)	$4,071	22 (76%)	$6,420
2017-18	25 (53%)	$3,663	26 (55%)	$5,221
2018-19	33 (59%)	$4,606	31 (55%)	$5,675
2019-20	40 (87%)	$3,759	32 (70%)	$5,304
2020-21	14 (40%)	$3,851	17 (49%)	$5,474
2021-22	33 (46%)	$4,709	35 (49%)	$5,519
Average	30 (62.00%)	$4,032	32 (67.27%)	$5,769

^*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, 28 (58.45 % of students) received Pell (federal) grants and its average amount is $4,001.

In addition, 2 students received State/local government grants/scholarships (3.60 % 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	43 (70%)	$3,772	25 (41%)	$220	-	-	-	-
2012-13	29 (71%)	$3,565	24 (59%)	$223	-	-	-	-
2013-14	32 (68%)	$3,990	24 (51%)	$197	-	-	-	-
2014-15	28 (64%)	$4,197	23 (52%)	$159	-	-	23 (52%)	$53
2015-16	31 (57%)	$3,755	23 (43%)	$145	2 (4%)	$2,342	23 (43%)	$48
2016-17	17 (59%)	$4,071	-	-	-	-	-	-
2017-18	24 (51%)	$3,703	-	-	1 (2%)	$2,692	-	-
2018-19	33 (59%)	$4,429	-	-	1 (2%)	$5,865	-	-
2019-20	28 (61%)	$3,844	37 (80%)	$939	3 (7%)	$2,648	-	-
2020-21	13 (37%)	$3,977	-	-	1 (3%)	$2,212	-	-
2021-22	33 (46%)	$4,709	-	-	-	-	-	-
Average	28 (58.45%)	$4,001	26 (54.33%)	$314	2 (3.60%)	$3,152	23 (47.50%)	$51

^*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, 32 (67.27 % of students) get any students loan help and its average loan amount is $32.

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	51 (84%)	$6,406	51 (84%)	$6,406	-	-
2012-13	31 (76%)	$6,524	31 (76%)	$6,524	-	-
2013-14	36 (77%)	$6,122	36 (77%)	$6,122	-	-
2014-15	34 (77%)	$5,388	34 (77%)	$5,388	-	-
2015-16	39 (72%)	$5,408	39 (72%)	$5,408	-	-
2016-17	22 (76%)	$6,420	22 (76%)	$6,420	-	-
2017-18	26 (55%)	$5,221	26 (55%)	$5,221	-	-
2018-19	31 (55%)	$5,675	31 (55%)	$5,675	-	-
2019-20	32 (70%)	$5,304	32 (70%)	$5,304	-	-
2020-21	17 (49%)	$5,474	17 (49%)	$5,474	-	-
2021-22	35 (49%)	$5,519	35 (49%)	$5,519	-	-
Average	32 (67.27%)	$5,769	32 (67.27%)	$5,769	-	-

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

All Undergraduate Students Financial Aid Over Time

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

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