Scholarships, Grants, and Loan Trends at Elite Cosmetology School

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 93, which is 63.22 % of all undergraduate students. 79 students which is 53.56% of undergraduate students received federal student loans and the average loan amount is $5,810.
For full-time, first-time beginning students (freshmen), 73.78% of students received grants or scholarships and 68% 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 Elite Cosmetology School since 2013.
For that period, the average number of students who received grants aid/scholarships is 93, which is 63.22 % of all undergraduate students. 79 students which is 53.56% of undergraduate students received federal student loans and the average loan amount is $5,810.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1451 (33%)$4,39151 (33%)$4,39148 (31%)$5,301
2014-1570 (49%)$4,02170 (49%)$4,02158 (41%)$5,708
2015-1682 (64%)$4,65081 (63%)$4,31368 (53%)$5,417
2016-1795 (69%)$4,24795 (69%)$3,98175 (55%)$6,125
2017-18133 (81%)$4,799130 (79%)$4,611115 (70%)$6,210
2018-19130 (76%)$4,581130 (76%)$4,546114 (66%)$6,339
2019-20125 (78%)$4,554125 (78%)$4,554109 (68%)$5,890
2020-2168 (54%)$4,58663 (50%)$4,75546 (36%)$5,356
2021-2282 (65%)$4,81782 (65%)$4,68579 (62%)$5,947
Average93 (63.22%)$4,51692 (62.44%)$4,42979 (53.56%)$5,810

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

For the last 10 years, on average, 25 (73.78 % of students) received grants or scholarships and its average amount is $4,462. It can cover 29.75% of tuition & fees ($15,000).
In addition, 22 (68.00 % of students) students get helped from the students loans (average amount : $5,524).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1435 (76%)$3,59025 (54%)$5,350
2014-1525 (69%)$3,98520 (56%)$6,189
2015-1624 (80%)$4,37923 (77%)$5,746
2016-1723 (85%)$4,00525 (93%)$5,427
2017-1829 (81%)$3,84030 (83%)$5,722
2018-1939 (98%)$4,60537 (93%)$6,563
2019-208 (22%)$5,6448 (22%)$3,948
2020-2123 (72%)$4,42017 (53%)$5,426
2021-2217 (81%)$5,69017 (81%)$5,341
Average25 (73.78%)$4,46222 (68.00%)$5,524
*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 (72.33 % of students) received Pell (federal) grants and its average amount is $4,519.
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
2013-1435 (76%)$3,590------
2014-1525 (69%)$3,985------
2015-1624 (80%)$4,379------
2016-1723 (85%)$4,005------
2017-1829 (81%)$3,840------
2018-1939 (98%)$4,605------
2019-208 (22%)$5,644------
2020-2119 (59%)$5,092----21 (66%)$234
2021-2217 (81%)$5,52811 (52%)$250----
Average24 (72.33%)$4,51911 (52.00%)$250--21 (66.00%)$234
*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, 22 (68.00 % of students) get any students loan help and its average loan amount is $22.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1425 (54%)$5,35025 (54%)$5,350--
2014-1520 (56%)$6,18920 (56%)$6,189--
2015-1623 (77%)$5,74623 (77%)$5,746--
2016-1725 (93%)$5,42725 (93%)$5,427--
2017-1830 (83%)$5,72230 (83%)$5,722--
2018-1937 (93%)$6,56337 (93%)$6,563--
2019-208 (22%)$3,9488 (22%)$3,948--
2020-2117 (53%)$5,42617 (53%)$5,426--
2021-2217 (81%)$5,34117 (81%)$5,341--
Average22 (68.00%)$5,52422 (68.00%)$5,524--
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