How Midfield Institute of Cosmetology'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 Midfield Institute of Cosmetology since 2015.

For that period, the average number of students who received grants aid/scholarships is 23, which is 85.29 % of all undergraduate students. 12 students which is 40.33% of undergraduate students received federal student loans and the average loan amount is $4,911.

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
2015-16	9 (75%)	$5,821	4 (33%)	$5,096	-	-
2016-17	28 (97%)	$2,517	20 (69%)	$3,018	2 (7%)	$3,216
2017-18	18 (69%)	$3,910	18 (69%)	$3,734	1 (4%)	$4,701
2018-19	33 (100%)	$3,124	31 (94%)	$3,326	15 (45%)	$6,696
2019-20	29 (85%)	$4,975	29 (85%)	$4,975	22 (65%)	$7,267
2020-21	26 (100%)	$6,847	24 (92%)	$3,429	24 (92%)	$3,989
2021-22	17 (71%)	$5,903	14 (58%)	$5,954	7 (29%)	$3,598
Average	23 (85.29%)	$4,728	20 (71.43%)	$4,219	12 (40.33%)	$4,911

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

Overview

For the last 8 years, on average, 4 (98.29 % of students) received grants or scholarships and its average amount is $6,300. It can cover 43.75% of tuition & fees ($14,400).

In addition, 3 (63.25 % of students) students get helped from the students loans (average amount : $5,439).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2015-16	7 (88%)	$5,513	-	-
2016-17	2 (100%)	$5,815	-	-
2017-18	3 (100%)	$5,920	-	-
2018-19	5 (100%)	$5,619	4 (80%)	$4,237
2019-20	5 (100%)	$5,576	3 (60%)	$6,833
2020-21	5 (100%)	$2,777	4 (80%)	$3,757
2021-22	3 (100%)	$12,881	1 (33%)	$6,928
Average	4 (98.29%)	$6,300	3 (63.25%)	$5,439

^*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 8 years, on average, 4 (91.14 % of students) received Pell (federal) grants and its average amount is $5,398.

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
2015-16	3 (38%)	$4,863	-	-	-	-	4 (50%)	$6,000
2016-17	2 (100%)	$5,815	-	-	-	-	-	-
2017-18	3 (100%)	$5,920	-	-	-	-	-	-
2018-19	5 (100%)	$5,619	-	-	-	-	-	-
2019-20	5 (100%)	$5,576	-	-	-	-	-	-
2020-21	5 (100%)	$2,777	-	-	-	-	-	-
2021-22	3 (100%)	$7,217	3 (100%)	$4,150	-	-	2 (67%)	$2,271
Average	4 (91.14%)	$5,398	3 (100.00%)	$4,150	-	-	3 (58.50%)	$4,136

^*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 8 years, on average, 3 (63.25 % of students) get any students loan help and its average loan amount is $3.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2015-16	-	-	-	-	-	-
2016-17	-	-	-	-	-	-
2017-18	-	-	-	-	-	-
2018-19	4 (80%)	$4,237	4 (80%)	$4,237	-	-
2019-20	3 (60%)	$6,833	3 (60%)	$6,833	-	-
2020-21	4 (80%)	$3,757	4 (80%)	$3,757	-	-
2021-22	1 (33%)	$6,928	1 (33%)	$6,928	-	-
Average	3 (63.25%)	$5,439	3 (63.25%)	$5,439	-	-

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Scholarships, Grants, and Loan Trends at Midfield Institute of Cosmetology

All Undergraduate Students Financial Aid Over Time

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