Scholarships, Grants, and Loan Trends at First Class Cosmetology School

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 81, which is 70.33 % of all undergraduate students. 80 students which is 69.89% of undergraduate students received federal student loans and the average loan amount is $6,939.
For full-time, first-time beginning students (freshmen), 79.56% of students received grants or scholarships and 84% 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 First Class Cosmetology School since 2013.
For that period, the average number of students who received grants aid/scholarships is 81, which is 70.33 % of all undergraduate students. 80 students which is 69.89% of undergraduate students received federal student loans and the average loan amount is $6,939.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1488 (69%)$4,56488 (69%)$4,56488 (69%)$8,393
2014-15104 (85%)$4,320104 (85%)$4,320105 (86%)$7,514
2015-1692 (90%)$4,25592 (90%)$4,25585 (83%)$7,734
2016-1779 (71%)$4,59579 (71%)$4,59574 (66%)$7,341
2017-1857 (72%)$4,45457 (72%)$4,45462 (78%)$6,575
2018-1980 (63%)$4,02580 (63%)$4,02581 (64%)$6,270
2019-2073 (70%)$4,19773 (70%)$4,19778 (74%)$5,934
2020-2175 (58%)$4,39875 (58%)$4,39875 (58%)$6,214
2021-2280 (55%)$4,35180 (55%)$4,35175 (51%)$6,476
Average81 (70.33%)$4,35181 (70.33%)$4,35180 (69.89%)$6,939

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

For the last 10 years, on average, 35 (79.56 % of students) received grants or scholarships and its average amount is $4,263. It can cover 23.05% of tuition & fees ($18,490).
In addition, 37 (84.11 % of students) students get helped from the students loans (average amount : $6,067).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1426 (79%)$4,66729 (88%)$6,402
2014-1542 (91%)$3,59141 (89%)$6,052
2015-1629 (97%)$4,07627 (90%)$6,891
2016-1729 (91%)$4,26431 (97%)$6,688
2017-1831 (84%)$4,63833 (89%)$6,207
2018-1946 (74%)$4,31949 (79%)$6,149
2019-2035 (71%)$4,13638 (78%)$5,684
2020-2131 (67%)$4,35041 (89%)$4,595
2021-2246 (62%)$4,32243 (58%)$5,934
Average35 (79.56%)$4,26337 (84.11%)$6,067
*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, 35 (79.56 % of students) received Pell (federal) grants and its average amount is $4,263.
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 (79%)$4,667------
2014-1542 (91%)$3,591------
2015-1629 (97%)$4,076------
2016-1729 (91%)$4,264------
2017-1831 (84%)$4,638------
2018-1946 (74%)$4,319------
2019-2035 (71%)$4,136------
2020-2131 (67%)$4,350------
2021-2246 (62%)$4,322------
Average35 (79.56%)$4,263------
*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, 37 (84.11 % of students) get any students loan help and its average loan amount is $37.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429 (88%)$6,40229 (88%)$6,402--
2014-1541 (89%)$6,05241 (89%)$6,052--
2015-1627 (90%)$6,89127 (90%)$6,891--
2016-1731 (97%)$6,68831 (97%)$6,688--
2017-1833 (89%)$6,20733 (89%)$6,207--
2018-1949 (79%)$6,14949 (79%)$6,149--
2019-2038 (78%)$5,68438 (78%)$5,684--
2020-2141 (89%)$4,59541 (89%)$4,595--
2021-2243 (58%)$5,93443 (58%)$5,934--
Average37 (84.11%)$6,06737 (84.11%)$6,067--
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