Scholarships, Grants, and Loan Trends at Academy of Esthetics and Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 34, which is 59.78 % of all undergraduate students. 29 students which is 51.22% of undergraduate students received federal student loans and the average loan amount is $3,079.
For full-time, first-time beginning students (freshmen), 60.89% of students received grants or scholarships and 59% of students received student loans.

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 Esthetics and Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 34, which is 59.78 % of all undergraduate students. 29 students which is 51.22% of undergraduate students received federal student loans and the average loan amount is $3,079.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1437 (65%)$4,20336 (63%)$3,76129 (51%)$2,494
2014-1545 (75%)$4,79043 (72%)$4,72636 (60%)$2,762
2015-1641 (59%)$4,99840 (57%)$4,37638 (54%)$3,231
2016-1731 (61%)$4,56330 (59%)$4,24629 (57%)$3,383
2017-1837 (60%)$5,45237 (60%)$5,07439 (63%)$4,097
2018-1941 (55%)$4,77541 (55%)$4,48734 (46%)$3,066
2019-2033 (70%)$5,96731 (66%)$4,73825 (53%)$2,664
2020-2120 (48%)$5,20819 (45%)$4,94918 (43%)$2,763
2021-2221 (45%)$5,13220 (43%)$4,90116 (34%)$3,251
Average34 (59.78%)$5,01033 (57.78%)$4,58429 (51.22%)$3,079

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

For the last 10 years, on average, 11 (60.89 % of students) received grants or scholarships and its average amount is $5,890. It can cover 64.73% of tuition & fees ($9,100).
In addition, 11 (58.67 % of students) students get helped from the students loans (average amount : $3,247).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-148 (57%)$5,2099 (64%)$2,870
2014-1524 (83%)$5,36623 (79%)$2,929
2015-1610 (59%)$5,6259 (53%)$4,491
2016-1712 (67%)$5,82013 (72%)$3,642
2017-1815 (63%)$6,03416 (67%)$4,080
2018-1915 (65%)$5,70112 (52%)$2,935
2019-209 (75%)$8,0318 (67%)$3,001
2020-215 (29%)$6,1824 (24%)$3,042
2021-223 (50%)$5,0423 (50%)$2,230
Average11 (60.89%)$5,89011 (58.67%)$3,247
*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 (58.89 % of students) received Pell (federal) grants and its average amount is $5,357.
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
2013-148 (57%)$4,5347 (50%)$486--2 (14%)$1,000
2014-1523 (79%)$5,39511 (38%)$309--1 (3%)$1,300
2015-1610 (59%)$5,3378 (47%)$359----
2016-1711 (61%)$5,70210 (56%)$433--2 (11%)$1,400
2017-1815 (63%)$5,67014 (58%)$389----
2018-1915 (65%)$5,2139 (39%)$369--2 (9%)$2,000
2019-208 (67%)$6,0899 (75%)$2,619----
2020-215 (29%)$5,9424 (24%)$300----
2021-223 (50%)$4,3303 (50%)$712----
Average11 (58.89%)$5,3578 (48.56%)$664--2 (9.25%)$1,425
*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, 11 (58.67 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-149 (64%)$2,8709 (64%)$2,870--
2014-1523 (79%)$2,92923 (79%)$2,929--
2015-169 (53%)$4,4919 (53%)$4,491--
2016-1713 (72%)$3,64213 (72%)$3,642--
2017-1816 (67%)$4,08016 (67%)$4,080--
2018-1912 (52%)$2,93512 (52%)$2,935--
2019-208 (67%)$3,0018 (67%)$3,001--
2020-214 (24%)$3,0424 (24%)$3,042--
2021-223 (50%)$2,2303 (50%)$2,230--
Average11 (58.67%)$3,24711 (58.67%)$3,247--
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