How The Michigan Barber School'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 The Michigan Barber School since 2013.

For that period, the average number of students who received grants aid/scholarships is 158, which is 71.11 % of all undergraduate students.

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 (62%)	$4,608	136 (61%)	$4,555	-	-
2014-15	162 (68%)	$4,683	162 (68%)	$4,683	-	-
2015-16	138 (82%)	$4,608	138 (82%)	$4,608	-	-
2016-17	179 (72%)	$4,735	179 (72%)	$4,735	-	-
2017-18	186 (69%)	$5,234	186 (69%)	$5,234	-	-
2018-19	187 (76%)	$5,750	187 (76%)	$5,750	-	-
2019-20	159 (74%)	$5,648	159 (74%)	$5,648	-	-
2020-21	124 (58%)	$5,873	124 (58%)	$5,873	-	-
2021-22	148 (79%)	$6,128	148 (79%)	$6,128	-	-
Average	158 (71.11%)	$5,252	158 (71.00%)	$5,246	-	-

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

Overview

For the last 10 years, on average, 25 (96.00 % of students) received grants or scholarships and its average amount is $5,428. It can cover 41.09% of tuition & fees ($13,212).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	24 (100%)	$4,582	-	-
2014-15	23 (100%)	$4,609	-	-
2015-16	20 (95%)	$5,053	-	-
2016-17	31 (91%)	$4,315	-	-
2017-18	29 (97%)	$5,512	-	-
2018-19	30 (91%)	$5,888	-	-
2019-20	28 (90%)	$6,131	-	-
2020-21	15 (100%)	$6,328	-	-
2021-22	21 (100%)	$6,438	-	-
Average	25 (96.00%)	$5,428	-	-

^*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, 25 (96.00 % of students) received Pell (federal) grants and its average amount is $5,428.

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	24 (100%)	$4,582	-	-	-	-	-	-
2014-15	23 (100%)	$4,609	-	-	-	-	-	-
2015-16	20 (95%)	$5,053	-	-	-	-	-	-
2016-17	31 (91%)	$4,315	-	-	-	-	-	-
2017-18	29 (97%)	$5,512	-	-	-	-	-	-
2018-19	30 (91%)	$5,888	-	-	-	-	-	-
2019-20	28 (90%)	$6,131	-	-	-	-	-	-
2020-21	15 (100%)	$6,328	-	-	-	-	-	-
2021-22	21 (100%)	$6,438	-	-	-	-	-	-
Average	25 (96.00%)	$5,428	-	-	-	-	-	-

^*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..

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Scholarships, Grants, and Loan Trends at The Michigan Barber School

All Undergraduate Students Financial Aid Over Time

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