How BJA'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 Bonnie Joseph Academy of Cosmetology & Barbering since 2013.

For that period, the average number of students who received grants aid/scholarships is 18, which is 50.00 % of all undergraduate students. 9 students which is 26.67% of undergraduate students received federal student loans and the average loan amount is $5,772.

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	31 (70%)	$7,153	22 (50%)	$4,098	18 (41%)	$5,810
2014-15	20 (57%)	$6,745	11 (31%)	$3,806	14 (40%)	$5,859
2015-16	7 (23%)	$4,828	7 (23%)	$4,828	7 (23%)	$7,042
2016-17	15 (63%)	$4,725	9 (38%)	$2,077	10 (42%)	$4,773
2017-18	9 (60%)	$2,720	4 (27%)	$2,728	4 (27%)	$4,874
2018-19	18 (43%)	$3,245	9 (21%)	$3,855	7 (17%)	$6,256
2019-20	22 (43%)	$6,271	19 (37%)	$3,473	8 (16%)	$5,953
2020-21	30 (68%)	$6,020	30 (68%)	$2,840	11 (25%)	$4,676
2021-22	8 (23%)	$2,877	8 (23%)	$2,558	3 (9%)	$6,702
Average	18 (50.00%)	$4,954	13 (35.33%)	$3,363	9 (26.67%)	$5,772

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

Overview

For the last 10 years, on average, 7 (68.22 % of students) received grants or scholarships and its average amount is $4,233. It can cover 20.96% of tuition & fees ($20,200).

In addition, 4 (41.00 % of students) students get helped from the students loans (average amount : $6,316).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	10 (83%)	$5,105	6 (50%)	$6,571
2014-15	2 (50%)	$4,993	2 (50%)	$7,791
2015-16	1 (33%)	$4,492	2 (67%)	$2,286
2016-17	2 (67%)	$2,051	2 (67%)	$9,350
2017-18	3 (75%)	$2,430	1 (25%)	$5,393
2018-19	5 (33%)	$3,507	4 (27%)	$6,362
2019-20	8 (73%)	$4,431	1 (9%)	$7,634
2020-21	30 (100%)	$4,942	10 (33%)	$5,143
2021-22	2 (100%)	$6,147	-	-
Average	7 (68.22%)	$4,233	4 (41.00%)	$6,316

^*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, 7 (61.11 % of students) received Pell (federal) grants and its average amount is $3,751.

In addition, 2 students received State/local government grants/scholarships (23.25 % 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	9 (75%)	$4,911	-	-	1 (8%)	$2,500	4 (33%)	$1,088
2014-15	2 (50%)	$4,743	-	-	-	-	1 (25%)	$500
2015-16	1 (33%)	$4,492	-	-	-	-	-	-
2016-17	2 (67%)	$2,051	-	-	-	-	-	-
2017-18	1 (25%)	$2,032	-	-	-	-	2 (50%)	$2,629
2018-19	4 (27%)	$4,009	-	-	-	-	1 (7%)	$1,500
2019-20	8 (73%)	$3,810	-	-	2 (18%)	$993	2 (18%)	$1,492
2020-21	30 (100%)	$2,840	3 (10%)	$993	5 (17%)	$1,225	28 (93%)	$1,927
2021-22	2 (100%)	$4,872	-	-	1 (50%)	$2,500	1 (50%)	$50
Average	7 (61.11%)	$3,751	3 (10.00%)	$993	2 (23.25%)	$1,805	6 (39.43%)	$1,312

^*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, 4 (41.00 % of students) get any students loan help and its average loan amount is $4.

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	6 (50%)	$6,571	6 (50%)	$6,571	-	-
2014-15	2 (50%)	$7,791	2 (50%)	$7,791	-	-
2015-16	2 (67%)	$2,286	1 (33%)	$1,786	1 (33%)	$2,786
2016-17	2 (67%)	$9,350	2 (67%)	$9,350	-	-
2017-18	1 (25%)	$5,393	1 (25%)	$5,393	-	-
2018-19	4 (27%)	$6,362	4 (27%)	$6,362	-	-
2019-20	1 (9%)	$7,634	1 (9%)	$7,634	-	-
2020-21	10 (33%)	$5,143	10 (33%)	$5,143	-	-
2021-22	-	-	-	-	-	-
Average	4 (41.00%)	$6,316	3 (36.75%)	$6,254	1 (33.00%)	$2,786

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Scholarships, Grants, and Loan Trends at BJA

All Undergraduate Students Financial Aid Over Time

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