How American Barber and Beauty Academy'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 Barber and Beauty Academy since 2016.

For that period, the average number of students who received grants aid/scholarships is 54, which is 57.50 % of all undergraduate students. 57 students which is 58.50% of undergraduate students received federal student loans and the average loan amount is $6,000.

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
2016-17	45 (63%)	$2,900	45 (63%)	$2,900	50 (70%)	$4,315
2017-18	49 (68%)	$3,715	49 (68%)	$3,715	46 (64%)	$5,750
2018-19	44 (66%)	$4,199	44 (66%)	$4,086	41 (61%)	$6,299
2019-20	38 (72%)	$4,078	29 (55%)	$4,314	38 (72%)	$5,295
2020-21	62 (36%)	$5,156	62 (36%)	$5,156	70 (40%)	$7,012
2021-22	84 (40%)	$4,577	84 (40%)	$4,577	94 (44%)	$7,329
Average	54 (57.50%)	$4,104	52 (54.67%)	$4,125	57 (58.50%)	$6,000

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

Overview

For the last 7 years, on average, 22 (72.83 % of students) received grants or scholarships and its average amount is $4,071. It can cover 56.93% of tuition & fees ($7,150).

In addition, 24 (61.83 % of students) students get helped from the students loans (average amount : $6,404).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	2 (100%)	$3,037	1 (50%)	$5,444
2017-18	22 (96%)	$4,181	19 (83%)	$7,405
2018-19	16 (64%)	$5,396	16 (64%)	$6,761
2019-20	19 (100%)	$1,984	15 (79%)	$5,312
2020-21	33 (36%)	$4,992	42 (46%)	$6,352
2021-22	40 (41%)	$4,834	48 (49%)	$7,147
Average	22 (72.83%)	$4,071	24 (61.83%)	$6,404

^*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 7 years, on average, 21 (65.00 % of students) received Pell (federal) grants and its average amount is $4,163.

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
2016-17	2 (100%)	$3,037	-	-	-	-	-	-
2017-18	22 (96%)	$4,181	-	-	-	-	-	-
2018-19	16 (64%)	$5,333	-	-	-	-	1 (4%)	$1,000
2019-20	10 (53%)	$2,600	9 (47%)	$1,299	-	-	-	-
2020-21	33 (36%)	$4,992	-	-	-	-	-	-
2021-22	40 (41%)	$4,834	-	-	-	-	-	-
Average	21 (65.00%)	$4,163	9 (47.00%)	$1,299	-	-	1 (4.00%)	$1,000

^*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 7 years, on average, 24 (61.83 % of students) get any students loan help and its average loan amount is $24.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	1 (50%)	$5,444	1 (50%)	$5,444	-	-
2017-18	19 (83%)	$7,405	19 (83%)	$7,405	-	-
2018-19	16 (64%)	$6,761	16 (64%)	$6,761	-	-
2019-20	15 (79%)	$5,312	15 (79%)	$5,312	-	-
2020-21	42 (46%)	$6,352	42 (46%)	$6,352	-	-
2021-22	48 (49%)	$7,147	48 (49%)	$7,147	-	-
Average	24 (61.83%)	$6,404	24 (61.83%)	$6,404	-	-

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Scholarships, Grants, and Loan Trends at American Barber and Beauty Academy

All Undergraduate Students Financial Aid Over Time

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