How Maryland Beauty Academy of Essex'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 Maryland Beauty Academy of Essex since 2013.

For that period, the average number of students who received grants aid/scholarships is 95, which is 81.33 % of all undergraduate students. 91 students which is 77.67% of undergraduate students received federal student loans and the average loan amount is $4,180.

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	138 (83%)	$6,005	115 (69%)	$3,121	135 (81%)	$3,389
2014-15	124 (77%)	$3,243	124 (77%)	$3,080	98 (60%)	$4,416
2015-16	112 (69%)	$3,112	112 (69%)	$2,991	100 (62%)	$4,433
2016-17	110 (92%)	$3,075	110 (92%)	$3,025	116 (97%)	$4,385
2017-18	102 (76%)	$3,722	102 (76%)	$3,562	109 (81%)	$3,499
2018-19	90 (87%)	$4,363	90 (87%)	$3,750	89 (86%)	$3,500
2019-20	77 (89%)	$4,984	75 (86%)	$4,950	80 (92%)	$5,200
2020-21	54 (81%)	$4,140	54 (81%)	$3,700	53 (79%)	$4,000
2021-22	52 (78%)	$7,507	44 (66%)	$3,785	41 (61%)	$4,800
Average	95 (81.33%)	$4,461	92 (78.11%)	$3,552	91 (77.67%)	$4,180

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

Overview

For the last 10 years, on average, 20 (83.67 % of students) received grants or scholarships and its average amount is $3,393. It can cover 17.27% of tuition & fees ($19,650).

In addition, 21 (83.44 % of students) students get helped from the students loans (average amount : $4,214).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	17 (65%)	$3,268	22 (85%)	$3,389
2014-15	22 (96%)	$3,636	21 (91%)	$3,814
2015-16	12 (80%)	$3,569	13 (87%)	$3,900
2016-17	22 (81%)	$3,141	24 (89%)	$4,025
2017-18	19 (86%)	$3,574	22 (100%)	$4,500
2018-19	32 (91%)	$3,075	32 (91%)	$4,300
2019-20	25 (93%)	$2,860	22 (81%)	$4,500
2020-21	25 (78%)	$3,250	22 (69%)	$4,700
2021-22	10 (83%)	$4,165	7 (58%)	$4,800
Average	20 (83.67%)	$3,393	21 (83.44%)	$4,214

^*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, 20 (83.67 % of students) received Pell (federal) grants and its average amount is $2,994.

In addition, 7 students received State/local government grants/scholarships (29.56 % 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	17 (65%)	$3,121	-	-	5 (19%)	$500	-	-
2014-15	22 (96%)	$3,082	10 (43%)	$719	10 (43%)	$500	-	-
2015-16	12 (80%)	$2,990	6 (40%)	$658	6 (40%)	$500	-	-
2016-17	22 (81%)	$3,005	2 (7%)	$750	3 (11%)	$500	-	-
2017-18	19 (86%)	$3,100	8 (36%)	$625	8 (36%)	$500	-	-
2018-19	32 (91%)	$2,762	10 (29%)	$600	8 (23%)	$500	-	-
2019-20	25 (93%)	$2,400	11 (41%)	$682	8 (30%)	$500	-	-
2020-21	25 (78%)	$2,700	14 (44%)	$625	10 (31%)	$500	-	-
2021-22	10 (83%)	$3,785	3 (25%)	$600	4 (33%)	$500	-	-
Average	20 (83.67%)	$2,994	8 (33.13%)	$657	7 (29.56%)	$500	-	-

^*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, 21 (83.44 % of students) get any students loan help and its average loan amount is $21.

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	22 (85%)	$3,389	22 (85%)	$3,389	-	-
2014-15	21 (91%)	$3,814	21 (91%)	$3,814	-	-
2015-16	13 (87%)	$3,900	13 (87%)	$3,900	-	-
2016-17	24 (89%)	$4,025	24 (89%)	$4,025	-	-
2017-18	22 (100%)	$4,500	22 (100%)	$4,500	-	-
2018-19	32 (91%)	$4,300	32 (91%)	$4,300	-	-
2019-20	22 (81%)	$4,500	22 (81%)	$4,500	-	-
2020-21	22 (69%)	$4,700	22 (69%)	$4,700	-	-
2021-22	7 (58%)	$4,800	7 (58%)	$4,800	-	-
Average	21 (83.44%)	$4,214	21 (83.44%)	$4,214	-	-

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Scholarships, Grants, and Loan Trends at Maryland Beauty Academy of Essex

All Undergraduate Students Financial Aid Over Time

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