How M J Murphy Beauty College of Mount Pleasant'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 M J Murphy Beauty College of Mount Pleasant since 2013.

For that period, the average number of students who received grants aid/scholarships is 54, which is 92.56 % of all undergraduate students. 38 students which is 66.67% of undergraduate students received federal student loans and the average loan amount is $6,852.

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	90 (100%)	$6,236	74 (82%)	$5,549	72 (80%)	$2,092
2014-15	81 (91%)	$6,346	70 (79%)	$4,629	68 (76%)	$2,294
2015-16	68 (96%)	$6,596	53 (75%)	$4,817	44 (62%)	$11,455
2016-17	54 (89%)	$4,704	54 (89%)	$4,704	49 (80%)	$9,898
2017-18	40 (83%)	$6,499	40 (83%)	$5,393	6 (13%)	$7,375
2018-19	30 (94%)	$8,333	30 (94%)	$8,333	28 (88%)	$7,464
2019-20	56 (100%)	$5,464	30 (54%)	$7,500	18 (32%)	$10,417
2020-21	30 (86%)	$6,158	30 (86%)	$6,158	28 (80%)	$6,769
2021-22	33 (94%)	$3,000	29 (83%)	$2,617	31 (89%)	$3,903
Average	54 (92.56%)	$5,926	46 (80.56%)	$5,522	38 (66.67%)	$6,852

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

Overview

For the last 10 years, on average, 40 (95.33 % of students) received grants or scholarships and its average amount is $5,876. It can cover 36.27% of tuition & fees ($16,200).

In addition, 33 (78.22 % of students) students get helped from the students loans (average amount : $8,085).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	72 (85%)	$5,634	72 (85%)	$2,092
2014-15	64 (89%)	$5,063	68 (94%)	$2,294
2015-16	52 (98%)	$4,712	44 (83%)	$11,455
2016-17	44 (100%)	$5,773	43 (98%)	$10,116
2017-18	40 (100%)	$6,499	5 (13%)	$8,850
2018-19	26 (100%)	$5,979	22 (85%)	$7,318
2019-20	30 (100%)	$6,650	18 (60%)	$10,417
2020-21	16 (100%)	$6,328	16 (100%)	$10,139
2021-22	12 (86%)	$6,250	12 (86%)	$10,083
Average	40 (95.33%)	$5,876	33 (78.22%)	$8,085

^*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 10 years, on average, 39 (92.33 % of students) received Pell (federal) grants and its average amount is $5,694.

In addition, 12 students received State/local government grants/scholarships (40.00 % of students).

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	72 (85%)	$5,634	-	-	-	-	-	-
2014-15	64 (89%)	$5,063	-	-	-	-	-	-
2015-16	52 (98%)	$4,712	-	-	-	-	-	-
2016-17	44 (100%)	$5,773	-	-	-	-	-	-
2017-18	40 (100%)	$5,393	6 (15%)	$7,375	-	-	-	-
2018-19	26 (100%)	$5,979	-	-	-	-	-	-
2019-20	22 (73%)	$6,114	-	-	12 (40%)	$5,417	-	-
2020-21	16 (100%)	$6,328	-	-	-	-	-	-
2021-22	12 (86%)	$6,250	-	-	-	-	-	-
Average	39 (92.33%)	$5,694	6 (15.00%)	$7,375	12 (40.00%)	$5,417	-	-

^*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 10 years, on average, 33 (78.22 % of students) get any students loan help and its average loan amount is $33.

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	72 (85%)	$2,092	72 (85%)	$2,092	-	-
2014-15	68 (94%)	$2,294	68 (94%)	$2,294	-	-
2015-16	44 (83%)	$11,455	44 (83%)	$11,455	-	-
2016-17	43 (98%)	$10,116	43 (98%)	$10,116	-	-
2017-18	5 (13%)	$8,850	5 (13%)	$8,850	-	-
2018-19	22 (85%)	$7,318	22 (85%)	$7,318	-	-
2019-20	18 (60%)	$10,417	18 (60%)	$10,417	-	-
2020-21	16 (100%)	$10,139	16 (100%)	$10,139	-	-
2021-22	12 (86%)	$10,083	12 (86%)	$10,083	-	-
Average	33 (78.22%)	$8,085	33 (78.22%)	$8,085	-	-

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Scholarships, Grants, and Loan Trends at M J Murphy Beauty College of Mount Pleasant

All Undergraduate Students Financial Aid Over Time

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