How Corinth 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 Corinth Academy of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 117, which is 68.33 % of all undergraduate students. 73 students which is 43.56% of undergraduate students received federal student loans and the average loan amount is $5,518.

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	136 (59%)	$3,901	136 (59%)	$3,901	50 (22%)	$5,804
2014-15	132 (65%)	$4,474	132 (65%)	$4,465	75 (37%)	$5,138
2015-16	141 (73%)	$4,456	141 (73%)	$4,456	84 (43%)	$4,299
2016-17	128 (60%)	$4,480	128 (60%)	$4,480	71 (33%)	$5,655
2017-18	116 (96%)	$5,199	116 (96%)	$5,199	84 (69%)	$6,463
2018-19	123 (71%)	$5,230	123 (71%)	$5,230	88 (51%)	$6,367
2019-20	109 (67%)	$5,347	109 (67%)	$5,347	79 (48%)	$4,990
2020-21	84 (64%)	$6,977	84 (64%)	$4,976	63 (48%)	$5,942
2021-22	86 (60%)	$5,460	86 (60%)	$5,460	59 (41%)	$5,004
Average	117 (68.33%)	$5,058	117 (68.33%)	$4,835	73 (43.56%)	$5,518

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

Overview

For the last 10 years, on average, 19 (84.00 % of students) received grants or scholarships and its average amount is $5,516. It can cover 38.64% of tuition & fees ($14,275).

In addition, 18 (72.88 % of students) students get helped from the students loans (average amount : $6,200).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	3 (60%)	$3,647	-	-
2014-15	12 (100%)	$4,136	9 (75%)	$6,389
2015-16	27 (87%)	$5,213	18 (58%)	$4,417
2016-17	26 (90%)	$5,322	18 (62%)	$7,189
2017-18	19 (79%)	$6,641	19 (79%)	$6,679
2018-19	28 (90%)	$5,474	28 (90%)	$5,833
2019-20	19 (90%)	$6,166	16 (76%)	$6,313
2020-21	16 (80%)	$6,767	15 (75%)	$7,022
2021-22	20 (80%)	$6,275	17 (68%)	$5,759
Average	19 (84.00%)	$5,516	18 (72.88%)	$6,200

^*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, 19 (84.00 % of students) received Pell (federal) grants and its average amount is $5,451.

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	3 (60%)	$3,647	-	-	-	-	-	-
2014-15	12 (100%)	$4,136	-	-	-	-	-	-
2015-16	27 (87%)	$5,213	-	-	-	-	-	-
2016-17	26 (90%)	$5,322	-	-	-	-	-	-
2017-18	19 (79%)	$6,641	-	-	-	-	-	-
2018-19	28 (90%)	$5,474	-	-	-	-	-	-
2019-20	19 (90%)	$6,166	-	-	-	-	-	-
2020-21	16 (80%)	$6,183	9 (45%)	$1,038	-	-	-	-
2021-22	20 (80%)	$6,275	-	-	-	-	-	-
Average	19 (84.00%)	$5,451	9 (45.00%)	$1,038	-	-	-	-

^*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, 18 (72.88 % of students) get any students loan help and its average loan amount is $18.

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	-	-	-	-	-	-
2014-15	9 (75%)	$6,389	9 (75%)	$6,389	-	-
2015-16	18 (58%)	$4,417	18 (58%)	$4,417	-	-
2016-17	18 (62%)	$7,189	18 (62%)	$7,189	-	-
2017-18	19 (79%)	$6,679	19 (79%)	$6,679	-	-
2018-19	28 (90%)	$5,833	28 (90%)	$5,833	-	-
2019-20	16 (76%)	$6,313	16 (76%)	$6,313	-	-
2020-21	15 (75%)	$7,022	15 (75%)	$7,022	-	-
2021-22	17 (68%)	$5,759	17 (68%)	$5,759	-	-
Average	18 (72.88%)	$6,200	18 (72.88%)	$6,200	-	-

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

All Undergraduate Students Financial Aid Over Time

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