Scholarships, Grants, and Loan Trends at Academy of Beauty Professionals

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 41, which is 70.22 % of all undergraduate students. 37 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $7,870.
For full-time, first-time beginning students (freshmen), 79.67% of students received grants or scholarships and 88% 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 Academy of Beauty Professionals since 2013.
For that period, the average number of students who received grants aid/scholarships is 41, which is 70.22 % of all undergraduate students. 37 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $7,870.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1447 (65%)$4,12647 (65%)$3,79948 (67%)$8,638
2014-1548 (73%)$4,50046 (70%)$4,27836 (55%)$9,063
2015-1649 (77%)$4,84847 (73%)$4,25342 (66%)$6,842
2016-1741 (73%)$4,55839 (70%)$3,95133 (59%)$8,509
2017-1851 (85%)$4,42249 (82%)$4,06740 (67%)$7,362
2018-1935 (74%)$5,60533 (70%)$4,95433 (70%)$8,156
2019-2027 (64%)$5,88727 (64%)$4,60826 (62%)$6,590
2020-2123 (64%)$4,81823 (64%)$4,74524 (67%)$8,294
2021-2245 (57%)$5,26145 (57%)$5,25055 (70%)$7,374
Average41 (70.22%)$4,89240 (68.33%)$4,43437 (64.78%)$7,870

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

For the last 10 years, on average, 9 (79.67 % of students) received grants or scholarships and its average amount is $5,052. It can cover 40.65% of tuition & fees ($12,426).
In addition, 11 (88.22 % of students) students get helped from the students loans (average amount : $8,439).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147 (54%)$4,37011 (85%)$9,924
2014-1512 (100%)$4,86311 (92%)$8,997
2015-1612 (71%)$3,72515 (88%)$7,985
2016-177 (78%)$5,1797 (78%)$9,303
2017-1811 (100%)$4,44011 (100%)$7,696
2018-194 (80%)$4,8455 (100%)$10,500
2019-2012 (92%)$6,12712 (92%)$6,591
2020-212 (67%)$6,3452 (67%)$7,281
2021-2218 (75%)$5,57022 (92%)$7,672
Average9 (79.67%)$5,05211 (88.22%)$8,439
*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, 9 (79.67 % of students) received Pell (federal) grants and its average amount is $4,930.
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
2013-147 (54%)$4,370------
2014-1512 (100%)$4,863------
2015-1612 (71%)$3,725------
2016-177 (78%)$5,179------
2017-1811 (100%)$4,440------
2018-194 (80%)$4,845------
2019-2012 (92%)$5,03310 (77%)$1,313----
2020-212 (67%)$6,345------
2021-2218 (75%)$5,570------
Average9 (79.67%)$4,93010 (77.00%)$1,313----
*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, 11 (88.22 % of students) get any students loan help and its average loan amount is $11.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (85%)$9,92411 (85%)$9,924--
2014-1511 (92%)$8,99711 (92%)$8,8031 (8%)$2,133
2015-1615 (88%)$7,98515 (88%)$7,985--
2016-177 (78%)$9,3037 (78%)$9,303--
2017-1811 (100%)$7,69611 (100%)$7,696--
2018-195 (100%)$10,5005 (100%)$10,500--
2019-2012 (92%)$6,59112 (92%)$6,591--
2020-212 (67%)$7,2812 (67%)$7,281--
2021-2222 (92%)$7,67222 (92%)$7,672--
Average11 (88.22%)$8,43911 (88.22%)$8,4171 (8.00%)$2,133
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