Scholarships, Grants, and Loan Trends at Advanced College of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 24, which is 58.56 % of all undergraduate students. 29 students which is 69.00% of undergraduate students received federal student loans and the average loan amount is $7,939.
For full-time, first-time beginning students (freshmen), 57.78% of students received grants or scholarships and 69% 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 Advanced College of Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 24, which is 58.56 % of all undergraduate students. 29 students which is 69.00% of undergraduate students received federal student loans and the average loan amount is $7,939.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (60%)$4,25238 (60%)$4,25250 (79%)$7,932
2014-1538 (66%)$5,20338 (66%)$5,20338 (66%)$7,513
2015-1629 (71%)$4,21529 (71%)$4,21533 (80%)$6,683
2016-1718 (45%)$4,12318 (45%)$4,12319 (48%)$7,013
2017-1819 (61%)$4,15319 (61%)$4,15320 (65%)$8,871
2018-1927 (73%)$5,25527 (73%)$5,25529 (78%)$9,097
2019-2021 (66%)$4,58821 (66%)$4,58822 (69%)$7,619
2020-2113 (42%)$4,49413 (42%)$4,49421 (68%)$8,958
2021-2217 (43%)$5,57417 (43%)$5,57427 (68%)$7,767
Average24 (58.56%)$4,65124 (58.56%)$4,65129 (69.00%)$7,939

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

For the last 10 years, on average, 21 (57.78 % of students) received grants or scholarships and its average amount is $4,666. It can cover 31.72% of tuition & fees ($14,710).
In addition, 25 (68.78 % of students) students get helped from the students loans (average amount : $8,002).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1433 (58%)$4,26944 (77%)$7,954
2014-1528 (58%)$5,46429 (60%)$7,298
2015-1624 (71%)$4,08426 (76%)$6,777
2016-1717 (46%)$4,11818 (49%)$7,224
2017-1816 (57%)$3,89317 (61%)$8,728
2018-1923 (70%)$5,44225 (76%)$9,688
2019-2020 (65%)$4,66021 (68%)$7,625
2020-2113 (42%)$4,49421 (68%)$8,958
2021-2217 (53%)$5,57427 (84%)$7,767
Average21 (57.78%)$4,66625 (68.78%)$8,002
*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, 21 (57.78 % of students) received Pell (federal) grants and its average amount is $4,666.
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
2013-1433 (58%)$4,269------
2014-1528 (58%)$5,464------
2015-1624 (71%)$4,084------
2016-1717 (46%)$4,118------
2017-1816 (57%)$3,893------
2018-1923 (70%)$5,442------
2019-2020 (65%)$4,660------
2020-2113 (42%)$4,494------
2021-2217 (53%)$5,574------
Average21 (57.78%)$4,666------
*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, 25 (68.78 % of students) get any students loan help and its average loan amount is $25.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1444 (77%)$7,95444 (77%)$7,954--
2014-1529 (60%)$7,29829 (60%)$7,298--
2015-1626 (76%)$6,77726 (76%)$6,777--
2016-1718 (49%)$7,22418 (49%)$7,224--
2017-1817 (61%)$8,72817 (61%)$8,728--
2018-1925 (76%)$9,68825 (76%)$9,688--
2019-2021 (68%)$7,62521 (68%)$7,625--
2020-2121 (68%)$8,95821 (68%)$8,958--
2021-2227 (84%)$7,76727 (84%)$7,767--
Average25 (68.78%)$8,00225 (68.78%)$8,002--
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