Scholarships, Grants, and Loan Trends at Durant Institute of Hair Design

Over the past 4 years (2019-2022), the average number of students who received grants aid/scholarships is 32, which is 65.00 % of all undergraduate students. 30 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $5,323.

For full-time, first-time beginning students (freshmen), 66.33% of students received grants or scholarships and 49% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Durant Institute of Hair Design since 2019.

For that period, the average number of students who received grants aid/scholarships is 32, which is 65.00 % of all undergraduate students. 30 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $5,323.

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
2019-20	19 (42%)	$4,202	19 (42%)	$3,680	22 (49%)	$2,835
2020-21	39 (76%)	$4,782	39 (76%)	$4,782	27 (53%)	$6,332
2021-22	37 (77%)	$4,102	37 (77%)	$4,102	41 (85%)	$6,803
Average	32 (65.00%)	$4,362	32 (65.00%)	$4,188	30 (62.33%)	$5,323

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

Overview

For the last 4 years, on average, 19 (66.33 % of students) received grants or scholarships and its average amount is $3,290. It can cover 23.50% of tuition & fees ($14,000).

In addition, 14 (49.00 % of students) students get helped from the students loans (average amount : $5,834).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2019-20	6 (27%)	$3,244	7 (32%)	$2,571
2020-21	27 (79%)	$3,224	14 (41%)	$7,607
2021-22	25 (93%)	$3,403	20 (74%)	$7,325
Average	19 (66.33%)	$3,290	14 (49.00%)	$5,834

^*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 4 years, on average, 19 (66.33 % of students) received Pell (federal) grants and its average amount is $3,263.

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
2019-20	6 (27%)	$3,161	-	-	-	-	1 (5%)	$500
2020-21	27 (79%)	$3,224	-	-	-	-	-	-
2021-22	25 (93%)	$3,403	-	-	-	-	-	-
Average	19 (66.33%)	$3,263	-	-	-	-	1 (5.00%)	$500

^*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 4 years, on average, 14 (49.00 % of students) get any students loan help and its average loan amount is $14.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2019-20	7 (32%)	$2,571	7 (32%)	$2,571	-	-
2020-21	14 (41%)	$7,607	14 (41%)	$7,607	-	-
2021-22	20 (74%)	$7,325	20 (74%)	$7,325	-	-
Average	14 (49.00%)	$5,834	14 (49.00%)	$5,834	-	-

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