Scholarships, Grants, and Loan Trends at Hair Professionals School of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 74, which is 54.56 % of all undergraduate students. 74 students which is 54.33% of undergraduate students received federal student loans and the average loan amount is $7,629.
For full-time, first-time beginning students (freshmen), 68.89% of students received grants or scholarships and 83% 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 Hair Professionals School of Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 74, which is 54.56 % of all undergraduate students. 74 students which is 54.33% of undergraduate students received federal student loans and the average loan amount is $7,629.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1446 (39%)$3,17645 (38%)$3,20256 (48%)$8,494
2014-1562 (65%)$4,61755 (57%)$4,35953 (55%)$7,859
2015-1662 (55%)$4,30661 (54%)$4,27059 (53%)$7,426
2016-1774 (63%)$3,92973 (62%)$3,87779 (68%)$8,100
2017-1884 (72%)$3,91780 (68%)$3,93169 (59%)$7,652
2018-1986 (50%)$4,68183 (48%)$4,718109 (63%)$7,888
2019-20112 (64%)$3,80982 (47%)$4,626100 (57%)$7,058
2020-2159 (33%)$4,33758 (32%)$4,33472 (40%)$7,250
2021-2277 (50%)$4,63276 (49%)$4,64072 (46%)$6,932
Average74 (54.56%)$4,15668 (50.56%)$4,21774 (54.33%)$7,629

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

For the last 10 years, on average, 8 (68.89 % of students) received grants or scholarships and its average amount is $4,889. It can cover 24.25% of tuition & fees ($20,162).
In addition, 10 (83.44 % of students) students get helped from the students loans (average amount : $8,125).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411 (85%)$4,12113 (100%)$10,361
2014-157 (88%)$5,8596 (75%)$9,500
2015-163 (75%)$3,3503 (75%)$5,500
2016-175 (45%)$4,9949 (82%)$6,500
2017-187 (70%)$5,1498 (80%)$8,333
2018-1914 (61%)$5,31918 (78%)$8,372
2019-2015 (100%)$4,68314 (93%)$7,649
2020-214 (40%)$4,6789 (90%)$8,398
2021-225 (56%)$5,8527 (78%)$8,512
Average8 (68.89%)$4,88910 (83.44%)$8,125
*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, 7 (63.11 % of students) received Pell (federal) grants and its average amount is $4,838.
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
2013-1410 (77%)$4,333----2 (15%)$1,000
2014-156 (75%)$5,253----5 (63%)$1,900
2015-163 (75%)$3,017----1 (25%)$1,000
2016-175 (45%)$4,794----1 (9%)$1,000
2017-187 (70%)$4,649----5 (50%)$700
2018-1913 (57%)$5,344----3 (13%)$1,667
2019-2011 (73%)$5,62610 (67%)$686--2 (13%)$750
2020-214 (40%)$4,678------
2021-225 (56%)$5,852------
Average7 (63.11%)$4,83810 (67.00%)$686--3 (26.86%)$1,145
*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, 10 (83.44 % of students) get any students loan help and its average loan amount is $10.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (100%)$10,36113 (100%)$10,361--
2014-156 (75%)$9,5006 (75%)$9,500--
2015-163 (75%)$5,5003 (75%)$5,500--
2016-179 (82%)$6,5009 (82%)$6,500--
2017-188 (80%)$8,3338 (80%)$8,333--
2018-1918 (78%)$8,37218 (78%)$8,372--
2019-2014 (93%)$7,64914 (93%)$7,649--
2020-219 (90%)$8,3989 (90%)$8,398--
2021-227 (78%)$8,5127 (78%)$8,512--
Average10 (83.44%)$8,12510 (83.44%)$8,125--
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