Scholarships, Grants, and Loan Trends at Elite School of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 82, which is 63.11 % of all undergraduate students. 85 students which is 63.44% of undergraduate students received federal student loans and the average loan amount is $5,841.
For full-time, first-time beginning students (freshmen), 71.44% of students received grants or scholarships and 72% 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 School of Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 82, which is 63.11 % of all undergraduate students. 85 students which is 63.44% of undergraduate students received federal student loans and the average loan amount is $5,841.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1444 (59%)$4,04344 (59%)$4,04344 (59%)$5,739
2014-1564 (78%)$4,62864 (78%)$4,62853 (65%)$7,682
2015-1669 (78%)$3,97869 (78%)$3,92062 (70%)$8,189
2016-17102 (89%)$3,001102 (89%)$2,950102 (89%)$4,890
2017-1845 (44%)$4,52745 (44%)$4,52748 (47%)$6,512
2018-1973 (60%)$3,95173 (60%)$3,95168 (56%)$5,245
2019-2089 (58%)$4,11489 (58%)$4,114104 (68%)$4,765
2020-21114 (50%)$4,016114 (50%)$4,016137 (61%)$5,035
2021-22138 (52%)$3,752138 (52%)$3,752148 (56%)$4,510
Average82 (63.11%)$4,00182 (63.11%)$3,98985 (63.44%)$5,841

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

For the last 10 years, on average, 39 (71.44 % of students) received grants or scholarships and its average amount is $4,116. It can cover 26.11% of tuition & fees ($15,764).
In addition, 40 (71.56 % of students) students get helped from the students loans (average amount : $5,558).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1442 (91%)$4,04344 (96%)$5,739
2014-1534 (77%)$4,58232 (73%)$6,879
2015-1620 (74%)$4,24316 (59%)$7,041
2016-1733 (92%)$3,61833 (92%)$5,760
2017-1824 (77%)$4,17823 (74%)$6,299
2018-1932 (58%)$4,16031 (56%)$4,746
2019-2052 (62%)$4,33161 (73%)$4,917
2020-2165 (59%)$3,97674 (67%)$4,632
2021-2249 (53%)$3,91550 (54%)$4,012
Average39 (71.44%)$4,11640 (71.56%)$5,558
*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, 39 (71.44 % of students) received Pell (federal) grants and its average amount is $4,082.
In addition, 1 students received State/local government grants/scholarships (3.50 % 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
2013-1442 (91%)$4,043------
2014-1534 (77%)$4,582------
2015-1620 (74%)$4,088--1 (4%)$3,104--
2016-1733 (92%)$3,463--1 (3%)$5,110--
2017-1824 (77%)$4,178------
2018-1932 (58%)$4,160------
2019-2052 (62%)$4,331------
2020-2165 (59%)$3,976------
2021-2249 (53%)$3,915------
Average39 (71.44%)$4,082--1 (3.50%)$4,107--
*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, 40 (71.56 % of students) get any students loan help and its average loan amount is $40.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1444 (96%)$5,73944 (96%)$5,739--
2014-1532 (73%)$6,87932 (73%)$6,879--
2015-1616 (59%)$7,04116 (59%)$7,041--
2016-1733 (92%)$5,76033 (92%)$5,760--
2017-1823 (74%)$6,29923 (74%)$6,299--
2018-1931 (56%)$4,74631 (56%)$4,746--
2019-2061 (73%)$4,91761 (73%)$4,917--
2020-2174 (67%)$4,63274 (67%)$4,632--
2021-2250 (54%)$4,01250 (54%)$4,012--
Average40 (71.56%)$5,55840 (71.56%)$5,558--
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