How Artistic 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 Artistic Academy of Hair Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 104, which is 50.22 % of all undergraduate students. 81 students which is 38.89% of undergraduate students received federal student loans and the average loan amount is $5,940.

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	127 (47%)	$2,809	82 (30%)	$3,286	101 (38%)	$6,415
2014-15	87 (36%)	$3,418	53 (22%)	$3,608	83 (34%)	$7,446
2015-16	76 (35%)	$3,298	43 (20%)	$4,042	71 (33%)	$6,075
2016-17	90 (45%)	$3,414	55 (28%)	$3,711	89 (45%)	$6,146
2017-18	100 (56%)	$4,330	68 (38%)	$3,900	77 (43%)	$5,686
2018-19	102 (47%)	$3,873	71 (33%)	$4,246	86 (39%)	$5,866
2019-20	111 (57%)	$3,485	56 (29%)	$4,143	83 (43%)	$5,524
2020-21	101 (58%)	$2,496	41 (24%)	$3,473	48 (28%)	$5,108
2021-22	139 (71%)	$2,873	59 (30%)	$4,175	92 (47%)	$5,192
Average	104 (50.22%)	$3,333	59 (28.22%)	$3,843	81 (38.89%)	$5,940

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

Overview

For the last 10 years, on average, 33 (80.00 % of students) received grants or scholarships and its average amount is $3,431. It can cover 15.89% of tuition & fees ($21,600).

In addition, 28 (67.22 % of students) students get helped from the students loans (average amount : $5,582).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	50 (77%)	$2,724	37 (57%)	$6,110
2014-15	33 (75%)	$3,261	32 (73%)	$5,896
2015-16	33 (66%)	$3,020	35 (70%)	$6,047
2016-17	28 (68%)	$3,475	30 (73%)	$5,937
2017-18	38 (86%)	$4,458	35 (80%)	$5,627
2018-19	32 (74%)	$4,120	29 (67%)	$5,645
2019-20	27 (87%)	$3,851	24 (77%)	$5,186
2020-21	26 (93%)	$3,252	15 (54%)	$4,742
2021-22	33 (94%)	$2,722	19 (54%)	$5,047
Average	33 (80.00%)	$3,431	28 (67.22%)	$5,582

^*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, 16 (38.00 % of students) received Pell (federal) grants and its average amount is $4,431.

In addition, 2 students received State/local government grants/scholarships (3.86 % 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	22 (34%)	$3,957	22 (34%)	$232	2 (3%)	$2,730	50 (77%)	$772
2014-15	17 (39%)	$4,139	17 (39%)	$274	1 (2%)	$5,800	33 (75%)	$812
2015-16	15 (30%)	$4,506	15 (30%)	$366	1 (2%)	$4,000	33 (66%)	$684
2016-17	16 (39%)	$4,098	16 (39%)	$292	2 (5%)	$4,000	27 (66%)	$706
2017-18	23 (52%)	$4,514	20 (45%)	$285	4 (9%)	$4,000	38 (86%)	$1,155
2018-19	19 (44%)	$5,120	19 (44%)	$205	1 (2%)	$6,000	32 (74%)	$771
2019-20	11 (35%)	$5,120	11 (35%)	$320	-	-	27 (87%)	$1,634
2020-21	12 (43%)	$3,881	12 (43%)	$431	1 (4%)	$6,000	26 (93%)	$1,032
2021-22	9 (26%)	$4,547	9 (26%)	$325	-	-	33 (94%)	$1,393
Average	16 (38.00%)	$4,431	16 (37.22%)	$303	2 (3.86%)	$4,647	33 (79.78%)	$995

^*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, 28 (67.22 % of students) get any students loan help and its average loan amount is $28.

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	37 (57%)	$6,110	37 (57%)	$6,110	-	-
2014-15	32 (73%)	$5,896	32 (73%)	$5,896	-	-
2015-16	35 (70%)	$6,047	35 (70%)	$6,047	-	-
2016-17	30 (73%)	$5,937	30 (73%)	$5,937	-	-
2017-18	35 (80%)	$5,627	35 (80%)	$5,627	-	-
2018-19	29 (67%)	$5,645	29 (67%)	$5,645	-	-
2019-20	24 (77%)	$5,186	24 (77%)	$5,186	-	-
2020-21	15 (54%)	$4,742	15 (54%)	$4,742	-	-
2021-22	19 (54%)	$5,047	19 (54%)	$5,047	-	-
Average	28 (67.22%)	$5,582	28 (67.22%)	$5,582	-	-

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Scholarships, Grants, and Loan Trends at Artistic Academy

All Undergraduate Students Financial Aid Over Time

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