Scholarships, Grants, and Loan Trends at Educators of Beauty College of Cosmetology-Sterling

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 38, which is 60.78 % of all undergraduate students. 36 students which is 56.44% of undergraduate students received federal student loans and the average loan amount is $8,093.
For full-time, first-time beginning students (freshmen), 67.00% of students received grants or scholarships and 74% 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 Educators of Beauty College of Cosmetology-Sterling since 2013.
For that period, the average number of students who received grants aid/scholarships is 38, which is 60.78 % of all undergraduate students. 36 students which is 56.44% of undergraduate students received federal student loans and the average loan amount is $8,093.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1437 (50%)$5,39837 (50%)$5,39842 (57%)$11,500
2014-1527 (36%)$6,04627 (36%)$5,73024 (32%)$11,958
2015-1645 (63%)$4,96645 (63%)$4,93240 (56%)$7,733
2016-1728 (42%)$4,23228 (42%)$4,23217 (26%)$7,596
2017-1850 (78%)$4,27548 (75%)$4,26639 (61%)$5,867
2018-1934 (67%)$4,11133 (65%)$4,14529 (57%)$6,939
2019-2043 (80%)$5,10443 (80%)$5,10442 (78%)$7,794
2020-2148 (68%)$4,77748 (68%)$4,77750 (70%)$6,593
2021-2233 (63%)$4,75033 (63%)$4,75037 (71%)$6,858
Average38 (60.78%)$4,85138 (60.22%)$4,81536 (56.44%)$8,093

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

For the last 10 years, on average, 24 (67.00 % of students) received grants or scholarships and its average amount is $4,484. It can cover 23.00% of tuition & fees ($19,500).
In addition, 27 (74.00 % of students) students get helped from the students loans (average amount : $7,844).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1428 (61%)$5,35739 (85%)$11,538
2014-1517 (50%)$5,73021 (62%)$11,000
2015-1628 (67%)$4,20327 (64%)$7,873
2016-1712 (32%)$4,43212 (32%)$8,750
2017-1830 (83%)$3,73727 (75%)$5,850
2018-1922 (81%)$4,02322 (81%)$6,833
2019-2030 (86%)$4,40332 (91%)$6,615
2020-2129 (69%)$4,11133 (79%)$6,098
2021-2223 (74%)$4,36130 (97%)$6,039
Average24 (67.00%)$4,48427 (74.00%)$7,844
*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, 24 (67.00 % of students) received Pell (federal) grants and its average amount is $4,484.
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
2013-1428 (61%)$5,357------
2014-1517 (50%)$5,730------
2015-1628 (67%)$4,203------
2016-1712 (32%)$4,432------
2017-1830 (83%)$3,737------
2018-1922 (81%)$4,023------
2019-2030 (86%)$4,403------
2020-2129 (69%)$4,111------
2021-2223 (74%)$4,361------
Average24 (67.00%)$4,484------
*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, 27 (74.00 % of students) get any students loan help and its average loan amount is $27.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1439 (85%)$11,53839 (85%)$11,538--
2014-1521 (62%)$11,00021 (62%)$11,000--
2015-1627 (64%)$7,87327 (64%)$7,873--
2016-1712 (32%)$8,75012 (32%)$8,750--
2017-1827 (75%)$5,85027 (75%)$5,850--
2018-1922 (81%)$6,83322 (81%)$6,833--
2019-2032 (91%)$6,61532 (91%)$6,615--
2020-2133 (79%)$6,09833 (79%)$6,098--
2021-2230 (97%)$6,03930 (97%)$6,039--
Average27 (74.00%)$7,84427 (74.00%)$7,844--
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