How Fountain of Youth Academy of Cosmetology's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Fountain of Youth Academy of Cosmetology since 2014.

For that period, the average number of students who received grants aid/scholarships is 41, which is 42.13 % of all undergraduate students. 46 students which is 46.75% of undergraduate students received federal student loans and the average loan amount is $6,677.

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
2014-15	3 (14%)	$4,586	3 (14%)	$4,586	4 (19%)	$9,500
2015-16	24 (55%)	$2,801	11 (25%)	$4,800	15 (34%)	$7,587
2016-17	18 (32%)	$4,506	9 (16%)	$4,616	26 (46%)	$4,725
2017-18	13 (27%)	$3,847	9 (18%)	$4,052	16 (33%)	$5,026
2018-19	30 (39%)	$3,122	30 (39%)	$3,122	38 (49%)	$7,619
2019-20	73 (68%)	$3,237	73 (68%)	$3,237	87 (81%)	$6,640
2020-21	76 (49%)	$3,330	76 (49%)	$3,330	88 (57%)	$6,395
2021-22	90 (53%)	$3,116	90 (53%)	$3,116	93 (55%)	$5,924
Average	41 (42.13%)	$3,568	38 (35.25%)	$3,857	46 (46.75%)	$6,677

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

Overview

For the last 9 years, on average, 6 (43.25 % of students) received grants or scholarships and its average amount is $4,226. It can cover 43.30% of tuition & fees ($9,760).

In addition, 10 (59.25 % of students) students get helped from the students loans (average amount : $6,726).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	3 (50%)	$4,586	4 (67%)	$9,500
2015-16	7 (32%)	$4,414	8 (36%)	$7,982
2016-17	8 (31%)	$4,632	20 (77%)	$5,130
2017-18	6 (24%)	$4,625	11 (44%)	$5,743
2018-19	7 (39%)	$3,867	8 (44%)	$7,440
2019-20	8 (50%)	$4,179	12 (75%)	$8,202
2020-21	5 (42%)	$4,214	5 (42%)	$5,709
2021-22	7 (78%)	$3,290	8 (89%)	$4,105
Average	6 (43.25%)	$4,226	10 (59.25%)	$6,726

^*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 9 years, on average, 6 (41.13 % of students) received Pell (federal) grants and its average amount is $4,394.

In addition, 2 students received State/local government grants/scholarships (8.00 % of students).

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
2014-15	3 (50%)	$4,586	-	-	-	-	-	-
2015-16	6 (27%)	$5,020	-	-	-	-	1 (5%)	$775
2016-17	6 (23%)	$5,181	-	-	3 (12%)	$1,988	-	-
2017-18	5 (20%)	$4,817	-	-	1 (4%)	$3,667	-	-
2018-19	7 (39%)	$3,867	-	-	-	-	-	-
2019-20	8 (50%)	$4,179	-	-	-	-	-	-
2020-21	5 (42%)	$4,214	-	-	-	-	-	-
2021-22	7 (78%)	$3,290	-	-	-	-	-	-
Average	6 (41.13%)	$4,394	-	-	2 (8.00%)	$2,828	1 (5.00%)	$775

^*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 9 years, on average, 10 (59.25 % of students) get any students loan help and its average loan amount is $10.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	4 (67%)	$9,500	4 (67%)	$9,500	-	-
2015-16	8 (36%)	$7,982	8 (36%)	$7,982	-	-
2016-17	20 (77%)	$5,130	20 (77%)	$5,130	-	-
2017-18	11 (44%)	$5,743	11 (44%)	$5,743	-	-
2018-19	8 (44%)	$7,440	8 (44%)	$7,440	-	-
2019-20	12 (75%)	$8,202	12 (75%)	$8,202	-	-
2020-21	5 (42%)	$5,709	5 (42%)	$5,709	-	-
2021-22	8 (89%)	$4,105	8 (89%)	$4,105	-	-
Average	10 (59.25%)	$6,726	10 (59.25%)	$6,726	-	-

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Scholarships, Grants, and Loan Trends at Fountain of Youth Academy of Cosmetology

All Undergraduate Students Financial Aid Over Time

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