How Kor Beauty Academy's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Kor Beauty Academy since 2016.

For that period, the average number of students who received grants aid/scholarships is 33, which is 84.83 % of all undergraduate students. 34 students which is 79.17% of undergraduate students received federal student loans and the average loan amount is $5,346.

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
2016-17	13 (87%)	$7,545	5 (33%)	$4,962	5 (33%)	$6,729
2017-18	17 (89%)	$8,070	17 (89%)	$3,895	18 (95%)	$3,944
2018-19	18 (90%)	$10,644	18 (90%)	$4,628	17 (85%)	$6,044
2019-20	57 (100%)	$3,000	57 (100%)	$3,000	56 (98%)	$5,598
2020-21	46 (75%)	$3,162	46 (75%)	$3,162	50 (82%)	$4,871
2021-22	46 (68%)	$2,575	34 (50%)	$3,484	56 (82%)	$4,888
Average	33 (84.83%)	$5,833	30 (72.83%)	$3,855	34 (79.17%)	$5,346

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

Overview

For the last 7 years, on average, 23 (94.50 % of students) received grants or scholarships and its average amount is $4,637. It can cover 26.72% of tuition & fees ($17,350).

In addition, 19 (73.83 % of students) students get helped from the students loans (average amount : $6,803).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	11 (92%)	$8,329	3 (25%)	$8,081
2017-18	13 (87%)	$5,093	14 (93%)	$5,070
2018-19	18 (100%)	$4,628	17 (94%)	$6,044
2019-20	43 (100%)	$3,886	42 (98%)	$6,134
2020-21	22 (88%)	$3,102	18 (72%)	$7,543
2021-22	31 (100%)	$2,781	19 (61%)	$7,947
Average	23 (94.50%)	$4,637	19 (73.83%)	$6,803

^*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 7 years, on average, 22 (84.67 % of students) received Pell (federal) grants and its average amount is $4,159.

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
2016-17	4 (33%)	$5,462	-	-	-	-	9 (75%)	$7,753
2017-18	13 (87%)	$5,093	-	-	-	-	-	-
2018-19	18 (100%)	$4,628	-	-	-	-	-	-
2019-20	43 (100%)	$3,886	-	-	-	-	-	-
2020-21	22 (88%)	$3,102	-	-	-	-	-	-
2021-22	31 (100%)	$2,781	-	-	-	-	-	-
Average	22 (84.67%)	$4,159	-	-	-	-	9 (75.00%)	$7,753

^*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 7 years, on average, 19 (73.83 % of students) get any students loan help and its average loan amount is $19.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	3 (25%)	$8,081	3 (25%)	$8,081	-	-
2017-18	14 (93%)	$5,070	14 (93%)	$5,070	-	-
2018-19	17 (94%)	$6,044	17 (94%)	$6,044	-	-
2019-20	42 (98%)	$6,134	42 (98%)	$6,134	-	-
2020-21	18 (72%)	$7,543	18 (72%)	$7,543	-	-
2021-22	19 (61%)	$7,947	19 (61%)	$7,947	-	-
Average	19 (73.83%)	$6,803	19 (73.83%)	$6,803	-	-

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Scholarships, Grants, and Loan Trends at Kor Beauty Academy

All Undergraduate Students Financial Aid Over Time

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