Scholarships, Grants, and Loan Trends at Fayette Beauty Academy

Over the past 4 years (2013-2016), the average number of students who received grants aid/scholarships is 52, which is 97.33 % of all undergraduate students. 49 students which is 90.33% of undergraduate students received federal student loans and the average loan amount is $3,988.

For full-time, first-time beginning students (freshmen), 99.33% of students received grants or scholarships and 71% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Fayette Beauty Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 52, which is 97.33 % of all undergraduate students. 49 students which is 90.33% of undergraduate students received federal student loans and the average loan amount is $3,988.

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
2013-14	35 (97%)	$5,000	35 (97%)	$4,500	30 (83%)	$2,820
2014-15	47 (96%)	$5,851	47 (96%)	$5,000	45 (92%)	$4,444
2015-16	75 (99%)	$5,775	75 (99%)	$5,775	73 (96%)	$4,700
Average	52 (97.33%)	$5,542	52 (97.33%)	$5,092	49 (90.33%)	$3,988

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

Overview

For the last 4 years, on average, 38 (99.33 % of students) received grants or scholarships and its average amount is $4,677.

In addition, 28 (71.00 % of students) students get helped from the students loans (average amount : $5,809).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	35 (100%)	$3,914	9 (26%)	$6,667
2014-15	35 (100%)	$4,343	33 (94%)	$6,061
2015-16	44 (98%)	$5,775	42 (93%)	$4,700
Average	38 (99.33%)	$4,677	28 (71.00%)	$5,809

^*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 4 years, on average, 38 (99.33 % of students) received Pell (federal) grants and its average amount is $4,639.

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
2013-14	35 (100%)	$3,857	-	-	-	-	1 (3%)	$2,000
2014-15	35 (100%)	$4,286	-	-	-	-	1 (3%)	$2,000
2015-16	44 (98%)	$5,775	-	-	-	-	-	-
Average	38 (99.33%)	$4,639	-	-	-	-	1 (3.00%)	$2,000

^*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 4 years, on average, 28 (71.00 % of students) get any students loan help and its average loan amount is $28.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	9 (26%)	$6,667	9 (26%)	$6,667	-	-
2014-15	33 (94%)	$6,061	33 (94%)	$6,061	-	-
2015-16	42 (93%)	$4,700	42 (93%)	$4,700	-	-
Average	28 (71.00%)	$5,809	28 (71.00%)	$5,809	-	-

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