How Elite CBS Academy'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 Elite Cosmetology, Barber & Spa Academy since 2016.

For that period, the average number of students who received grants aid/scholarships is 105, which is 52.83 % of all undergraduate students. 73 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $4,908.

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
2016-17	58 (35%)	$4,822	42 (26%)	$3,275	37 (23%)	$5,235
2017-18	93 (48%)	$4,069	88 (45%)	$3,907	81 (42%)	$5,324
2018-19	94 (49%)	$3,504	91 (47%)	$3,418	75 (39%)	$5,285
2019-20	112 (65%)	$3,451	89 (52%)	$3,304	72 (42%)	$4,715
2020-21	173 (72%)	$3,366	125 (52%)	$3,216	94 (39%)	$4,737
2021-22	97 (48%)	$3,197	95 (47%)	$2,959	79 (39%)	$4,152
Average	105 (52.83%)	$3,735	88 (44.83%)	$3,347	73 (37.33%)	$4,908

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

Overview

For the last 7 years, on average, 72 (54.83 % of students) received grants or scholarships and its average amount is $3,815. It can cover 19.87% of tuition & fees ($19,200).

In addition, 57 (43.50 % of students) students get helped from the students loans (average amount : $4,768).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	49 (40%)	$4,487	34 (28%)	$5,105
2017-18	70 (56%)	$4,208	88 (70%)	$4,898
2018-19	63 (48%)	$3,836	49 (37%)	$5,244
2019-20	70 (64%)	$3,782	48 (44%)	$4,607
2020-21	111 (71%)	$3,328	66 (42%)	$4,659
2021-22	71 (50%)	$3,249	56 (40%)	$4,094
Average	72 (54.83%)	$3,815	57 (43.50%)	$4,768

^*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 7 years, on average, 64 (48.83 % of students) received Pell (federal) grants and its average amount is $3,377.

In addition, 5 students received State/local government grants/scholarships (4.17 % 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
2016-17	37 (31%)	$3,231	-	-	12 (10%)	$8,359	-	-
2017-18	69 (55%)	$4,071	-	-	1 (1%)	$13,621	-	-
2018-19	61 (47%)	$3,703	-	-	2 (2%)	$7,880	-	-
2019-20	59 (54%)	$3,349	47 (43%)	$1,250	2 (2%)	$4,185	-	-
2020-21	87 (56%)	$2,975	87 (56%)	$904	8 (5%)	$3,993	-	-
2021-22	71 (50%)	$2,930	-	-	7 (5%)	$3,239	-	-
Average	64 (48.83%)	$3,377	67 (49.50%)	$1,077	5 (4.17%)	$6,880	-	-

^*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 7 years, on average, 57 (43.50 % of students) get any students loan help and its average loan amount is $57.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	34 (28%)	$5,105	34 (28%)	$5,105	-	-
2017-18	88 (70%)	$4,898	64 (51%)	$5,590	24 (19%)	$3,053
2018-19	49 (37%)	$5,244	49 (37%)	$5,244	-	-
2019-20	48 (44%)	$4,607	48 (44%)	$4,607	-	-
2020-21	66 (42%)	$4,659	66 (42%)	$4,659	-	-
2021-22	56 (40%)	$4,094	56 (40%)	$4,094	-	-
Average	57 (43.50%)	$4,768	53 (40.33%)	$4,883	24 (19.00%)	$3,053

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Scholarships, Grants, and Loan Trends at Elite CBS Academy

All Undergraduate Students Financial Aid Over Time

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