Scholarships, Grants, and Loan Trends at Total Transformation Institute of Cosmetology

-12%

Received Percent Changed

-$3,329

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 41, which is 52.67 % of all undergraduate students. 40 students which is 51.44% of undergraduate students received federal student loans and the average loan amount is $5,715.

For full-time, first-time beginning students (freshmen), 59.89% of students received grants or scholarships and 64% 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 Total Transformation Institute of Cosmetology since 2014.

For that period, the average number of students who received grants aid/scholarships is 41, which is 52.67 % of all undergraduate students. 40 students which is 51.44% of undergraduate students received federal student loans and the average loan amount is $5,715.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1547 (69%)$6,79430 (44%)$3,64137 (54%)$5,678
2015-1639 (56%)$3,60739 (56%)$3,60746 (66%)$4,968
2016-1743 (61%)$3,73642 (59%)$3,80244 (62%)$4,913
2017-186 (11%)$4,1436 (11%)$4,1436 (11%)$8,684
2018-1935 (61%)$4,31135 (61%)$4,31142 (74%)$6,929
2019-2039 (55%)$3,71839 (55%)$3,71840 (56%)$5,213
2020-2133 (50%)$3,46133 (50%)$3,46129 (44%)$4,911
2021-2257 (54%)$3,87857 (54%)$3,87856 (53%)$5,728
2022-2374 (57%)$3,46574 (57%)$3,46556 (43%)$4,407
Average41 (52.67%)$4,12439 (49.67%)$3,78140 (51.44%)$5,715
*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, 11 (59.89 % of students) received grants or scholarships and its average amount is $4,301. It can cover 29.82% of tuition & fees ($14,422).

In addition, 12 (64.11 % of students) students get helped from the students loans (average amount : $5,221).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1514 (56%)$3,49514 (56%)$5,375
2015-1614 (74%)$4,61517 (89%)$4,891
2016-177 (58%)$4,98410 (83%)$4,298
2017-184 (25%)$4,4514 (25%)$4,375
2018-1910 (63%)$3,86113 (81%)$5,483
2019-2017 (63%)$4,35917 (63%)$5,244
2020-2115 (60%)$3,58811 (44%)$5,989
2021-229 (69%)$4,95210 (77%)$6,387
2022-2312 (71%)$4,40710 (59%)$4,951
Average11 (59.89%)$4,30112 (64.11%)$5,221
*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, 11 (59.89 % of students) received Pell (federal) grants and its average amount is $4,301.

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
2014-1514 (56%)$3,495------
2015-1614 (74%)$4,615------
2016-177 (58%)$4,984------
2017-184 (25%)$4,451------
2018-1910 (63%)$3,861------
2019-2017 (63%)$4,359------
2020-2115 (60%)$3,588------
2021-229 (69%)$4,952------
2022-2312 (71%)$4,407------
Average11 (59.89%)$4,301------
*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, 12 (64.11 % of students) get any students loan help and its average loan amount is $12.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1514 (56%)$5,37514 (56%)$5,375--
2015-1617 (89%)$4,89117 (89%)$4,891--
2016-1710 (83%)$4,29810 (83%)$4,298--
2017-184 (25%)$4,3754 (25%)$4,375--
2018-1913 (81%)$5,48313 (81%)$5,483--
2019-2017 (63%)$5,24417 (63%)$5,244--
2020-2111 (44%)$5,98911 (44%)$5,989--
2021-2210 (77%)$6,38710 (77%)$6,387--
2022-2310 (59%)$4,95110 (59%)$4,951--
Average12 (64.11%)$5,22112 (64.11%)$5,221--

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