Scholarships, Grants, and Loan Trends at Academy of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 126, which is 56.89 % of all undergraduate students. 88 students which is 39.67% of undergraduate students received federal student loans and the average loan amount is $6,145.

For full-time, first-time beginning students (freshmen), 64.33% of students received grants or scholarships and 68% of students received student loans.

School Home 2023 Financial Aid

There are multiple same-named institutes of Academy of Cosmetology. This page describes a school located in Merritt Island, FL. You may want to view a school located in another city and/or state on the Academy of Cosmetology locations page.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Academy of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 126, which is 56.89 % of all undergraduate students. 88 students which is 39.67% of undergraduate students received federal student loans and the average loan amount is $6,145.

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
2013-14	165 (66%)	$3,899	159 (64%)	$3,709	113 (45%)	$4,615
2014-15	128 (67%)	$6,238	124 (65%)	$3,172	80 (42%)	$5,064
2015-16	140 (62%)	$3,826	137 (61%)	$3,796	99 (44%)	$5,959
2016-17	132 (62%)	$4,239	130 (61%)	$3,937	100 (47%)	$6,791
2017-18	125 (57%)	$5,111	114 (52%)	$4,558	84 (39%)	$7,080
2018-19	129 (62%)	$4,489	118 (56%)	$4,206	79 (38%)	$6,936
2019-20	117 (53%)	$4,247	113 (51%)	$4,196	91 (41%)	$7,236
2020-21	105 (42%)	$4,653	103 (41%)	$4,488	59 (24%)	$6,347
2021-22	95 (41%)	$4,357	95 (41%)	$4,357	86 (37%)	$5,273
Average	126 (56.89%)	$4,562	121 (54.67%)	$4,047	88 (39.67%)	$6,145

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

Overview

For the last 10 years, on average, 24 (64.33 % of students) received grants or scholarships and its average amount is $4,769. It can cover 29.08% of tuition & fees ($16,400).

In addition, 25 (68.11 % of students) students get helped from the students loans (average amount : $6,977).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	37 (90%)	$3,879	33 (80%)	$4,978
2014-15	29 (78%)	$3,376	26 (70%)	$5,547
2015-16	24 (69%)	$4,237	27 (77%)	$6,272
2016-17	24 (69%)	$4,269	25 (71%)	$7,200
2017-18	22 (81%)	$5,730	23 (85%)	$8,389
2018-19	20 (54%)	$6,095	20 (54%)	$11,435
2019-20	24 (51%)	$4,943	31 (66%)	$6,959
2020-21	10 (40%)	$5,431	12 (48%)	$6,114
2021-22	22 (47%)	$4,960	29 (62%)	$5,896
Average	24 (64.33%)	$4,769	25 (68.11%)	$6,977

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 24 (64.33 % of students) received Pell (federal) grants and its average amount is $4,769.

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
2013-14	37 (90%)	$3,879	-	-	-	-	-	-
2014-15	29 (78%)	$3,376	-	-	-	-	-	-
2015-16	24 (69%)	$4,237	-	-	-	-	-	-
2016-17	24 (69%)	$4,269	-	-	-	-	-	-
2017-18	22 (81%)	$5,730	-	-	-	-	-	-
2018-19	20 (54%)	$6,095	-	-	-	-	-	-
2019-20	24 (51%)	$4,943	-	-	-	-	-	-
2020-21	10 (40%)	$5,431	-	-	-	-	-	-
2021-22	22 (47%)	$4,960	-	-	-	-	-	-
Average	24 (64.33%)	$4,769	-	-	-	-	-	-

^*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..

Student Loans

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, 25 (68.11 % of students) get any students loan help and its average loan amount is $25.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	33 (80%)	$4,978	33 (80%)	$4,978	-	-
2014-15	26 (70%)	$5,547	26 (70%)	$5,547	-	-
2015-16	27 (77%)	$6,272	27 (77%)	$6,272	-	-
2016-17	25 (71%)	$7,200	25 (71%)	$7,200	-	-
2017-18	23 (85%)	$8,389	23 (85%)	$8,389	-	-
2018-19	20 (54%)	$11,435	20 (54%)	$11,435	-	-
2019-20	31 (66%)	$6,959	31 (66%)	$6,959	-	-
2020-21	12 (48%)	$6,114	12 (48%)	$6,114	-	-
2021-22	29 (62%)	$5,896	29 (62%)	$5,896	-	-
Average	25 (68.11%)	$6,977	25 (68.11%)	$6,977	-	-

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