How EQ School'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 SOHO Hair Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 54, which is 74.67 % of all undergraduate students. 49 students which is 68.89% of undergraduate students received federal student loans and the average loan amount is $4,613.

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	69 (73%)	$3,159	52 (55%)	$3,751	64 (67%)	$3,798
2014-15	60 (72%)	$3,923	53 (64%)	$4,112	43 (52%)	$5,654
2015-16	59 (80%)	$3,759	49 (66%)	$4,201	46 (62%)	$5,035
2016-17	45 (64%)	$4,375	45 (64%)	$3,943	42 (60%)	$4,802
2017-18	55 (82%)	$4,865	46 (69%)	$5,630	48 (72%)	$4,830
2018-19	57 (75%)	$4,755	52 (68%)	$5,174	57 (75%)	$4,682
2019-20	48 (83%)	$4,624	47 (81%)	$4,658	49 (84%)	$3,783
2020-21	56 (84%)	$5,247	49 (73%)	$5,210	55 (82%)	$4,709
2021-22	33 (59%)	$5,226	33 (59%)	$5,075	37 (66%)	$4,223
Average	54 (74.67%)	$4,437	47 (66.56%)	$4,639	49 (68.89%)	$4,613

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

Overview

For the last 10 years, on average, 11 (82.22 % of students) received grants or scholarships and its average amount is $5,120. It can cover 23.13% of tuition & fees ($22,131).

In addition, 11 (85.44 % of students) students get helped from the students loans (average amount : $7,258).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	18 (95%)	$4,335	15 (79%)	$5,420
2014-15	16 (94%)	$3,320	14 (82%)	$9,003
2015-16	11 (92%)	$4,873	12 (100%)	$6,533
2016-17	7 (70%)	$4,253	7 (70%)	$7,500
2017-18	8 (80%)	$5,031	10 (100%)	$6,688
2018-19	8 (73%)	$5,246	10 (91%)	$6,200
2019-20	12 (80%)	$5,848	14 (93%)	$5,909
2020-21	11 (73%)	$6,334	13 (87%)	$7,799
2021-22	5 (83%)	$6,840	4 (67%)	$10,267
Average	11 (82.22%)	$5,120	11 (85.44%)	$7,258

^*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, 10 (75.56 % of students) received Pell (federal) grants and its average amount is $5,011.

In addition, 1 students received State/local government grants/scholarships (11.00 % 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	15 (79%)	$4,847	-	-	-	-	8 (42%)	$666
2014-15	11 (65%)	$4,128	-	-	2 (12%)	$1,732	7 (41%)	$607
2015-16	10 (83%)	$5,140	-	-	1 (8%)	$1,200	4 (33%)	$250
2016-17	7 (70%)	$4,146	-	-	-	-	3 (30%)	$250
2017-18	8 (80%)	$5,031	-	-	-	-	-	-
2018-19	8 (73%)	$5,215	-	-	-	-	1 (9%)	$250
2019-20	12 (80%)	$5,603	-	-	1 (7%)	$2,947	-	-
2020-21	10 (67%)	$5,145	10 (67%)	$1,772	-	-	2 (13%)	$250
2021-22	5 (83%)	$5,845	-	-	1 (17%)	$3,475	3 (50%)	$500
Average	10 (75.56%)	$5,011	10 (67.00%)	$1,772	1 (11.00%)	$2,339	4 (31.14%)	$396

^*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, 11 (85.44 % of students) get any students loan help and its average loan amount is $11.

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	15 (79%)	$5,420	15 (79%)	$5,420	-	-
2014-15	14 (82%)	$9,003	14 (82%)	$9,003	-	-
2015-16	12 (100%)	$6,533	12 (100%)	$6,533	-	-
2016-17	7 (70%)	$7,500	7 (70%)	$7,500	-	-
2017-18	10 (100%)	$6,688	10 (100%)	$6,688	-	-
2018-19	10 (91%)	$6,200	10 (91%)	$6,200	-	-
2019-20	14 (93%)	$5,909	14 (93%)	$5,909	-	-
2020-21	13 (87%)	$7,799	13 (87%)	$7,799	-	-
2021-22	4 (67%)	$10,267	4 (67%)	$10,267	-	-
Average	11 (85.44%)	$7,258	11 (85.44%)	$7,258	-	-

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Scholarships, Grants, and Loan Trends at EQ School

All Undergraduate Students Financial Aid Over Time

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