How American Academy 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 American Academy of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 113, which is 63.00 % of all undergraduate students. 103 students which is 56.89% of undergraduate students received federal student loans and the average loan amount is $6,153.

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	118 (55%)	$3,549	117 (54%)	$3,436	130 (60%)	$5,897
2014-15	90 (57%)	$3,057	90 (57%)	$3,057	84 (54%)	$5,782
2015-16	60 (53%)	$3,096	60 (53%)	$3,096	55 (48%)	$5,570
2016-17	84 (74%)	$3,556	84 (74%)	$3,556	72 (64%)	$5,888
2017-18	115 (72%)	$4,478	115 (72%)	$4,428	108 (68%)	$7,668
2018-19	124 (69%)	$3,293	124 (69%)	$3,293	118 (65%)	$4,829
2019-20	143 (65%)	$3,365	143 (65%)	$3,365	73 (33%)	$10,442
2020-21	144 (61%)	$4,544	144 (61%)	$4,478	132 (55%)	$4,674
2021-22	142 (61%)	$2,650	142 (61%)	$2,650	152 (65%)	$4,626
Average	113 (63.00%)	$3,510	113 (62.89%)	$3,484	103 (56.89%)	$6,153

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

Overview

For the last 10 years, on average, 26 (66.11 % of students) received grants or scholarships and its average amount is $3,671. It can cover 22.73% of tuition & fees ($16,150).

In addition, 26 (64.56 % of students) students get helped from the students loans (average amount : $5,812).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	25 (61%)	$3,704	30 (73%)	$5,659
2014-15	10 (67%)	$3,906	10 (67%)	$6,790
2015-16	8 (42%)	$4,137	11 (58%)	$6,575
2016-17	24 (75%)	$3,778	17 (53%)	$6,523
2017-18	10 (91%)	$4,292	9 (82%)	$6,534
2018-19	13 (65%)	$2,984	11 (55%)	$4,919
2019-20	40 (71%)	$3,585	40 (71%)	$5,607
2020-21	55 (66%)	$3,283	53 (64%)	$5,321
2021-22	48 (57%)	$3,373	49 (58%)	$4,382
Average	26 (66.11%)	$3,671	26 (64.56%)	$5,812

^*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, 26 (65.89 % of students) received Pell (federal) grants and its average amount is $3,595.

In addition, 1 students received State/local government grants/scholarships (9.00 % 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
2013-14	24 (59%)	$3,775	-	-	-	-	3 (7%)	$667
2014-15	10 (67%)	$3,906	-	-	-	-	-	-
2015-16	8 (42%)	$4,137	-	-	-	-	-	-
2016-17	24 (75%)	$3,778	-	-	-	-	-	-
2017-18	10 (91%)	$3,710	-	-	1 (9%)	$5,824	-	-
2018-19	13 (65%)	$2,984	-	-	-	-	-	-
2019-20	40 (71%)	$3,585	-	-	-	-	-	-
2020-21	55 (66%)	$3,110	1 (1%)	$9,500	-	-	-	-
2021-22	48 (57%)	$3,373	-	-	-	-	-	-
Average	26 (65.89%)	$3,595	1 (1.00%)	$9,500	1 (9.00%)	$5,824	3 (7.00%)	$667

^*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, 26 (64.56 % of students) get any students loan help and its average loan amount is $26.

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	30 (73%)	$5,659	30 (73%)	$5,659	-	-
2014-15	10 (67%)	$6,790	10 (67%)	$6,790	-	-
2015-16	11 (58%)	$6,575	11 (58%)	$6,575	-	-
2016-17	17 (53%)	$6,523	17 (53%)	$6,523	-	-
2017-18	9 (82%)	$6,534	9 (82%)	$6,534	-	-
2018-19	11 (55%)	$4,919	11 (55%)	$4,919	-	-
2019-20	40 (71%)	$5,607	40 (71%)	$5,607	-	-
2020-21	53 (64%)	$5,321	53 (64%)	$5,321	-	-
2021-22	49 (58%)	$4,382	49 (58%)	$4,382	-	-
Average	26 (64.56%)	$5,812	26 (64.56%)	$5,812	-	-

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

All Undergraduate Students Financial Aid Over Time

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