Scholarships, Grants, and Loan Trends at Metro Beauty Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 94, which is 32.67 % of all undergraduate students. 130 students which is 44.33% of undergraduate students received federal student loans and the average loan amount is $7,312.
For full-time, first-time beginning students (freshmen), 41.44% of students received grants or scholarships and 65% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Metro Beauty Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 94, which is 32.67 % of all undergraduate students. 130 students which is 44.33% of undergraduate students received federal student loans and the average loan amount is $7,312.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14140 (38%)$3,738139 (38%)$3,693225 (61%)$7,887
2014-15133 (40%)$3,533133 (40%)$3,533153 (46%)$7,324
2015-16105 (41%)$3,646105 (41%)$3,646130 (50%)$6,910
2016-17103 (40%)$3,639103 (40%)$3,639124 (48%)$7,814
2017-1882 (34%)$4,76182 (34%)$4,76198 (41%)$6,991
2018-1965 (28%)$4,87665 (28%)$4,87694 (41%)$8,195
2019-2076 (30%)$4,83776 (30%)$4,837105 (41%)$7,299
2020-2192 (28%)$4,20292 (28%)$4,202133 (41%)$6,947
2021-2252 (15%)$4,66552 (15%)$4,665104 (30%)$6,441
Average94 (32.67%)$4,21194 (32.67%)$4,206130 (44.33%)$7,312

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

For the last 10 years, on average, 20 (41.44 % of students) received grants or scholarships and its average amount is $4,989. It can cover 28.59% of tuition & fees ($17,450).
In addition, 31 (65.11 % of students) students get helped from the students loans (average amount : $8,411).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1429 (40%)$3,79044 (61%)$8,258
2014-1532 (48%)$4,31531 (46%)$8,667
2015-1628 (53%)$3,79340 (75%)$7,648
2016-1715 (50%)$4,07926 (87%)$8,133
2017-1814 (38%)$6,97521 (57%)$9,304
2018-1915 (23%)$5,47831 (47%)$8,691
2019-2018 (33%)$5,38830 (55%)$8,200
2020-2122 (49%)$4,78132 (71%)$7,932
2021-229 (39%)$6,30620 (87%)$8,863
Average20 (41.44%)$4,98931 (65.11%)$8,411
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 20 (41.44 % of students) received Pell (federal) grants and its average amount is $4,989.
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1429 (40%)$3,790------
2014-1532 (48%)$4,315------
2015-1628 (53%)$3,793------
2016-1715 (50%)$4,079------
2017-1814 (38%)$6,975------
2018-1915 (23%)$5,478------
2019-2018 (33%)$5,388------
2020-2122 (49%)$4,781------
2021-229 (39%)$6,306------
Average20 (41.44%)$4,989------
*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..
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, 31 (65.11 % of students) get any students loan help and its average loan amount is $31.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1444 (61%)$8,25844 (61%)$8,258--
2014-1531 (46%)$8,66731 (46%)$8,667--
2015-1640 (75%)$7,64840 (75%)$7,648--
2016-1726 (87%)$8,13326 (87%)$8,133--
2017-1821 (57%)$9,30421 (57%)$9,304--
2018-1931 (47%)$8,69131 (47%)$8,691--
2019-2030 (55%)$8,20030 (55%)$8,200--
2020-2132 (71%)$7,93232 (71%)$7,932--
2021-2220 (87%)$8,86320 (87%)$8,863--
Average31 (65.11%)$8,41131 (65.11%)$8,411--
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