Scholarships, Grants, and Loan Trends at International Cosmetology Academy

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 52, which is 67.80 % of all undergraduate students. 52 students which is 66.00% of undergraduate students received federal student loans and the average loan amount is $6,612.

For full-time, first-time beginning students (freshmen), 71.00% of students received grants or scholarships and 69% 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 International Cosmetology Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 52, which is 67.80 % of all undergraduate students. 52 students which is 66.00% of undergraduate students received federal student loans and the average loan amount is $6,612.

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	81 (75%)	$5,645	81 (75%)	$5,645	101 (94%)	$8,298
2014-15	51 (74%)	$3,906	51 (74%)	$3,906	37 (54%)	$7,370
2015-16	44 (65%)	$4,770	44 (65%)	$4,770	46 (68%)	$5,925
2016-17	38 (58%)	$3,529	38 (58%)	$3,529	36 (55%)	$5,249
2017-18	44 (67%)	$4,277	44 (67%)	$4,277	39 (59%)	$6,218
Average	52 (67.80%)	$4,425	52 (67.80%)	$4,425	52 (66.00%)	$6,612

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

Overview

For the last 6 years, on average, 22 (71.00 % of students) received grants or scholarships and its average amount is $4,728. It can cover 36.33% of tuition & fees ($13,015).

In addition, 23 (69.20 % of students) students get helped from the students loans (average amount : $6,446).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	38 (72%)	$5,645	51 (96%)	$9,500
2014-15	16 (100%)	$4,715	14 (88%)	$8,174
2015-16	26 (68%)	$4,817	25 (66%)	$5,573
2016-17	18 (67%)	$4,454	15 (56%)	$4,651
2017-18	12 (48%)	$4,008	10 (40%)	$4,330
Average	22 (71.00%)	$4,728	23 (69.20%)	$6,446

^*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, 22 (71.00 % of students) received Pell (federal) grants and its average amount is $4,728.

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	38 (72%)	$5,645	-	-	-	-	-	-
2014-15	16 (100%)	$4,715	-	-	-	-	-	-
2015-16	26 (68%)	$4,817	-	-	-	-	-	-
2016-17	18 (67%)	$4,454	-	-	-	-	-	-
2017-18	12 (48%)	$4,008	-	-	-	-	-	-
Average	22 (71.00%)	$4,728	-	-	-	-	-	-

^*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, 23 (69.20 % of students) get any students loan help and its average loan amount is $23.

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	51 (96%)	$9,500	51 (96%)	$9,500	-	-
2014-15	14 (88%)	$8,174	14 (88%)	$8,174	-	-
2015-16	25 (66%)	$5,573	25 (66%)	$5,573	-	-
2016-17	15 (56%)	$4,651	15 (56%)	$4,651	-	-
2017-18	10 (40%)	$4,330	10 (40%)	$4,330	-	-
Average	23 (69.20%)	$6,446	23 (69.20%)	$6,446	-	-

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