Scholarships, Grants, and Loan Trends at Career Academy of Hair Design

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 259, which is 74.22 % of all undergraduate students. 237 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $6,054.
For full-time, first-time beginning students (freshmen), 77.33% of students received grants or scholarships and 73% 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 Career Academy of Hair Design since 2013.
For that period, the average number of students who received grants aid/scholarships is 259, which is 74.22 % of all undergraduate students. 237 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $6,054.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14274 (55%)$3,425191 (39%)$3,632210 (43%)$6,083
2014-15272 (55%)$2,705272 (55%)$2,379342 (69%)$3,695
2015-16244 (66%)$3,100227 (61%)$3,066218 (59%)$4,967
2016-17291 (95%)$3,849239 (78%)$4,085259 (85%)$6,746
2017-18213 (72%)$3,934207 (70%)$3,719212 (72%)$6,455
2018-19263 (82%)$5,413253 (79%)$5,324248 (77%)$8,545
2019-20272 (94%)$3,917238 (82%)$3,957237 (82%)$6,096
2020-21211 (69%)$4,059207 (68%)$4,046201 (66%)$6,052
2021-22289 (80%)$3,532242 (67%)$3,970209 (58%)$5,847
Average259 (74.22%)$3,770231 (66.56%)$3,798237 (67.89%)$6,054

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

For the last 10 years, on average, 191 (77.33 % of students) received grants or scholarships and its average amount is $3,803. It can cover 20.90% of tuition & fees ($18,195).
In addition, 182 (73.22 % of students) students get helped from the students loans (average amount : $5,919).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14241 (58%)$3,040193 (47%)$6,175
2014-15199 (59%)$3,422272 (80%)$4,646
2015-16226 (73%)$3,153201 (65%)$5,207
2016-17246 (96%)$3,111220 (86%)$5,694
2017-18143 (72%)$4,310148 (74%)$6,685
2018-19214 (83%)$5,021200 (78%)$8,031
2019-20164 (98%)$4,004143 (86%)$6,456
2020-21147 (76%)$4,040171 (88%)$4,575
2021-22137 (81%)$4,12993 (55%)$5,802
Average191 (77.33%)$3,803182 (73.22%)$5,919
*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, 171 (69.78 % of students) received Pell (federal) grants and its average amount is $3,878.
In addition, 20 students received State/local government grants/scholarships (8.22 % of students).
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
2013-14180 (43%)$3,674--30 (7%)$2,03253 (13%)$196
2014-15199 (59%)$3,252--14 (4%)$2,24415 (4%)$167
2015-16209 (68%)$3,172--17 (6%)$2,56933 (11%)$186
2016-17202 (79%)$3,430--33 (13%)$2,12811 (4%)$213
2017-18138 (69%)$4,094--17 (9%)$2,83915 (8%)$214
2018-19204 (79%)$4,922--19 (7%)$3,42423 (9%)$229
2019-20145 (87%)$4,014--23 (14%)$3,1965 (3%)$240
2020-21145 (75%)$3,982--11 (6%)$1,22812 (6%)$252
2021-22116 (69%)$4,359--14 (8%)$3,56533 (20%)$308
Average171 (69.78%)$3,878--20 (8.22%)$2,58122 (8.67%)$223
*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, 182 (73.22 % of students) get any students loan help and its average loan amount is $182.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14193 (47%)$6,175193 (47%)$6,175--
2014-15272 (80%)$4,646272 (80%)$4,646--
2015-16201 (65%)$5,207201 (65%)$5,207--
2016-17220 (86%)$5,694220 (86%)$5,694--
2017-18148 (74%)$6,685148 (74%)$6,685--
2018-19200 (78%)$8,031200 (78%)$8,031--
2019-20143 (86%)$6,456143 (86%)$6,456--
2020-21171 (88%)$4,575171 (88%)$4,575--
2021-2293 (55%)$5,80293 (55%)$5,802--
Average182 (73.22%)$5,919182 (73.22%)$5,919--
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