Scholarships, Grants, and Loan Trends at Estes Institute of Cosmetology Arts and Science

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 44, which is 44.11 % of all undergraduate students. 32 students which is 32.67% of undergraduate students received federal student loans and the average loan amount is $3,831.
For full-time, first-time beginning students (freshmen), 64.78% of students received grants or scholarships and 52% 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 Estes Institute of Cosmetology Arts and Science since 2013.
For that period, the average number of students who received grants aid/scholarships is 44, which is 44.11 % of all undergraduate students. 32 students which is 32.67% of undergraduate students received federal student loans and the average loan amount is $3,831.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1448 (40%)$4,91248 (40%)$4,84333 (28%)$3,674
2014-1545 (38%)$4,07745 (38%)$4,00423 (19%)$4,287
2015-1673 (59%)$4,31072 (58%)$4,30350 (40%)$3,166
2016-1754 (50%)$4,68954 (50%)$4,54043 (39%)$3,444
2017-1841 (46%)$4,84541 (46%)$4,63734 (38%)$3,787
2018-1943 (45%)$5,26443 (45%)$5,10031 (33%)$4,210
2019-2036 (46%)$4,70736 (46%)$4,51828 (35%)$3,681
2020-2126 (30%)$5,53426 (30%)$5,29822 (26%)$4,298
2021-2231 (43%)$5,50031 (43%)$5,29426 (36%)$3,930
Average44 (44.11%)$4,87144 (44.00%)$4,72632 (32.67%)$3,831

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

For the last 10 years, on average, 17 (64.78 % of students) received grants or scholarships and its average amount is $5,444. It can cover 41.75% of tuition & fees ($13,040).
In addition, 13 (52.11 % of students) students get helped from the students loans (average amount : $4,107).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1426 (70%)$5,16921 (57%)$3,757
2014-1517 (65%)$4,96111 (42%)$3,818
2015-1617 (59%)$5,53311 (38%)$3,691
2016-1717 (50%)$5,64315 (44%)$3,767
2017-1810 (50%)$5,7109 (45%)$4,967
2018-1922 (59%)$5,50618 (49%)$4,728
2019-2015 (71%)$5,21513 (62%)$3,808
2020-2116 (84%)$5,14514 (74%)$4,354
2021-229 (75%)$6,1127 (58%)$4,072
Average17 (64.78%)$5,44413 (52.11%)$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 shows the trends of grants or scholarships over time. For the last 10 years, on average, 17 (64.78 % of students) received Pell (federal) grants and its average amount is $5,185.
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
2013-1426 (70%)$5,0769 (24%)$201--9 (24%)$67
2014-1517 (65%)$4,7966 (23%)$350--6 (23%)$117
2015-1617 (59%)$5,4398 (28%)$150--8 (28%)$50
2016-1717 (50%)$5,30013 (38%)$337--13 (38%)$112
2017-1810 (50%)$5,3219 (45%)$326--9 (45%)$106
2018-1922 (59%)$5,25313 (35%)$325--13 (35%)$104
2019-2015 (71%)$4,9139 (43%)$377--9 (43%)$127
2020-2116 (84%)$4,8286 (32%)$633--6 (32%)$212
2021-229 (75%)$5,7378 (67%)$317--8 (67%)$105
Average17 (64.78%)$5,1859 (37.22%)$335--9 (37.22%)$111
*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, 13 (52.11 % of students) get any students loan help and its average loan amount is $13.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1421 (57%)$3,75721 (57%)$3,757--
2014-1511 (42%)$3,81811 (42%)$3,818--
2015-1611 (38%)$3,69111 (38%)$3,691--
2016-1715 (44%)$3,76715 (44%)$3,767--
2017-189 (45%)$4,9679 (45%)$4,967--
2018-1918 (49%)$4,72818 (49%)$4,728--
2019-2013 (62%)$3,80813 (62%)$3,808--
2020-2114 (74%)$4,35414 (74%)$4,354--
2021-227 (58%)$4,0727 (58%)$4,072--
Average13 (52.11%)$4,10713 (52.11%)$4,107--
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