Scholarships, Grants, and Loan Trends at Elevate Salon Institute-Westminster

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 57, which is 51.56 % of all undergraduate students. 59 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $8,387.
For full-time, first-time beginning students (freshmen), 68.44% of students received grants or scholarships and 83% 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 Elevate Salon Institute-Westminster since 2013.
For that period, the average number of students who received grants aid/scholarships is 57, which is 51.56 % of all undergraduate students. 59 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $8,387.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (53%)$4,19438 (53%)$4,19441 (57%)$10,317
2014-1553 (59%)$4,31553 (59%)$4,31553 (59%)$11,516
2015-1643 (49%)$4,37943 (49%)$4,24235 (40%)$8,948
2016-1770 (51%)$4,22969 (50%)$3,52883 (60%)$7,980
2017-1859 (45%)$4,39556 (43%)$4,30761 (47%)$8,581
2018-1946 (49%)$4,67444 (47%)$4,28441 (44%)$8,192
2019-2051 (56%)$3,86451 (56%)$3,74753 (58%)$6,473
2020-2168 (53%)$4,33665 (51%)$4,19484 (66%)$6,529
2021-2285 (49%)$4,05385 (49%)$4,00683 (48%)$6,951
Average57 (51.56%)$4,27156 (50.78%)$4,09159 (53.22%)$8,387

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

For the last 10 years, on average, 12 (68.44 % of students) received grants or scholarships and its average amount is $4,425. It can cover 38.81% of tuition & fees ($11,400).
In addition, 14 (82.89 % of students) students get helped from the students loans (average amount : $7,971).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1410 (83%)$3,99711 (92%)$9,757
2014-154 (57%)$4,2987 (100%)$9,500
2015-1610 (83%)$3,98610 (83%)$9,611
2016-1717 (85%)$5,40614 (70%)$7,807
2017-188 (50%)$5,98712 (75%)$8,528
2018-198 (67%)$3,84710 (83%)$7,816
2019-2013 (65%)$3,87318 (90%)$6,474
2020-2114 (58%)$4,07020 (83%)$5,953
2021-2225 (68%)$4,35826 (70%)$6,290
Average12 (68.44%)$4,42514 (82.89%)$7,971
*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, 12 (66.78 % of students) received Pell (federal) grants and its average amount is $4,247.
In addition, 1 students received State/local government grants/scholarships (6.00 % 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
2013-1410 (83%)$3,997------
2014-154 (57%)$4,298------
2015-1610 (83%)$3,8995 (42%)$175----
2016-1717 (85%)$4,1537 (35%)$229--3 (15%)$6,568
2017-187 (44%)$5,5475 (31%)$2411 (6%)$7,862--
2018-197 (58%)$4,2245 (42%)$240----
2019-2013 (65%)$3,8144 (20%)$125--1 (5%)$268
2020-2114 (58%)$4,0084 (17%)$217----
2021-2225 (68%)$4,28115 (41%)$128----
Average12 (66.78%)$4,2476 (32.57%)$1941 (6.00%)$7,8622 (10.00%)$3,418
*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, 14 (82.89 % of students) get any students loan help and its average loan amount is $14.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (92%)$9,75711 (92%)$9,757--
2014-157 (100%)$9,5007 (100%)$9,500--
2015-1610 (83%)$9,61110 (83%)$9,611--
2016-1714 (70%)$7,80714 (70%)$7,807--
2017-1812 (75%)$8,52812 (75%)$8,528--
2018-1910 (83%)$7,81610 (83%)$7,816--
2019-2018 (90%)$6,47418 (90%)$6,474--
2020-2120 (83%)$5,95320 (83%)$5,953--
2021-2226 (70%)$6,29026 (70%)$6,290--
Average14 (82.89%)$7,97114 (82.89%)$7,971--
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