Scholarships, Grants, and Loan Trends at Grace College of Barbering

Over the past 5 years (2013-2017), the average number of students who received grants aid/scholarships is 27, which is 76.75 % of all undergraduate students. 22 students which is 63.00% of undergraduate students received federal student loans and the average loan amount is $8,413.

For full-time, first-time beginning students (freshmen), 78.75% of students received grants or scholarships and 64% 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 Grace College of Barbering since 2013.

For that period, the average number of students who received grants aid/scholarships is 27, which is 76.75 % of all undergraduate students. 22 students which is 63.00% of undergraduate students received federal student loans and the average loan amount is $8,413.

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	30 (79%)	$4,935	30 (79%)	$4,935	32 (84%)	$9,301
2014-15	28 (65%)	$3,913	28 (65%)	$3,913	22 (51%)	$8,155
2015-16	28 (88%)	$4,256	28 (88%)	$4,256	18 (56%)	$9,769
2016-17	21 (75%)	$3,233	21 (75%)	$3,233	17 (61%)	$6,425
Average	27 (76.75%)	$4,084	27 (76.75%)	$4,084	22 (63.00%)	$8,413

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

Overview

For the last 5 years, on average, 12 (78.75 % of students) received grants or scholarships and its average amount is $4,474. It can cover 60.62% of tuition & fees ($7,380).

In addition, 10 (64.00 % of students) students get helped from the students loans (average amount : $9,282).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	19 (86%)	$5,135	18 (82%)	$10,939
2014-15	11 (58%)	$4,576	10 (53%)	$10,137
2015-16	10 (83%)	$4,669	7 (58%)	$9,822
2016-17	7 (88%)	$3,515	5 (63%)	$6,231
Average	12 (78.75%)	$4,474	10 (64.00%)	$9,282

^*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 5 years, on average, 12 (77.75 % of students) received Pell (federal) grants and its average amount is $4,499.

In addition, 1 students received State/local government grants/scholarships (5.00 % 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
2013-14	18 (82%)	$5,234	-	-	1 (5%)	$3,344	-	-
2014-15	11 (58%)	$4,576	-	-	-	-	-	-
2015-16	10 (83%)	$4,669	-	-	-	-	-	-
2016-17	7 (88%)	$3,515	-	-	-	-	-	-
Average	12 (77.75%)	$4,499	-	-	1 (5.00%)	$3,344	-	-

^*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 5 years, on average, 10 (64.00 % 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
2013-14	18 (82%)	$10,939	18 (82%)	$10,939	-	-
2014-15	10 (53%)	$10,137	10 (53%)	$10,137	-	-
2015-16	7 (58%)	$9,822	7 (58%)	$9,822	-	-
2016-17	5 (63%)	$6,231	5 (63%)	$6,231	-	-
Average	10 (64.00%)	$9,282	10 (64.00%)	$9,282	-	-

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