Scholarships, Grants, and Loan Trends at IBS School of Cosmetology and Massage

Over the past 6 years (2017-2022), the average number of students who received grants aid/scholarships is 33, which is 30.20 % of all undergraduate students. 11 students which is 9.60% of undergraduate students received federal student loans and the average loan amount is $6,481.

For full-time, first-time beginning students (freshmen), 40.20% of students received grants or scholarships and 9% 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 IBS School of Cosmetology and Massage since 2017.

For that period, the average number of students who received grants aid/scholarships is 33, which is 30.20 % of all undergraduate students. 11 students which is 9.60% of undergraduate students received federal student loans and the average loan amount is $6,481.

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
2017-18	32 (29%)	$3,570	32 (29%)	$3,570	6 (5%)	$5,384
2018-19	31 (29%)	$4,990	31 (29%)	$4,990	5 (5%)	$6,211
2019-20	13 (15%)	$1,943	13 (15%)	$1,943	3 (3%)	$6,296
2020-21	36 (32%)	$4,448	36 (32%)	$4,448	11 (10%)	$6,325
2021-22	51 (46%)	$5,124	51 (46%)	$5,124	28 (25%)	$8,191
Average	33 (30.20%)	$4,015	33 (30.20%)	$4,015	11 (9.60%)	$6,481

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

Overview

For the last 6 years, on average, 19 (40.20 % of students) received grants or scholarships and its average amount is $3,765. It can cover 47.44% of tuition & fees ($7,937).

In addition, 5 (9.00 % of students) students get helped from the students loans (average amount : $5,581).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	12 (46%)	$3,053	2 (8%)	$5,682
2018-19	10 (34%)	$5,065	1 (3%)	$9,402
2019-20	6 (22%)	$2,681	1 (4%)	$2,021
2020-21	35 (47%)	$3,596	10 (13%)	$5,333
2021-22	34 (52%)	$4,431	11 (17%)	$5,465
Average	19 (40.20%)	$3,765	5 (9.00%)	$5,581

^*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 6 years, on average, 19 (40.20 % of students) received Pell (federal) grants and its average amount is $3,765.

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
2017-18	12 (46%)	$3,053	-	-	-	-	-	-
2018-19	10 (34%)	$5,065	-	-	-	-	-	-
2019-20	6 (22%)	$2,681	-	-	-	-	-	-
2020-21	35 (47%)	$3,596	-	-	-	-	-	-
2021-22	34 (52%)	$4,431	-	-	-	-	-	-
Average	19 (40.20%)	$3,765	-	-	-	-	-	-

^*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 6 years, on average, 5 (9.00 % of students) get any students loan help and its average loan amount is $5.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	2 (8%)	$5,682	2 (8%)	$5,682	-	-
2018-19	1 (3%)	$9,402	1 (3%)	$9,402	-	-
2019-20	1 (4%)	$2,021	1 (4%)	$2,021	-	-
2020-21	10 (13%)	$5,333	10 (13%)	$5,333	-	-
2021-22	11 (17%)	$5,465	11 (17%)	$5,465	-	-
Average	5 (9.00%)	$5,581	5 (9.00%)	$5,581	-	-

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