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	-	-

Most Searched Alabama Colleges (last 30 days)

4-Year Colleges

South University-Montgomery Private, four-years | Montgomery
Herzing University-Birmingham Private, four-years | Birmingham
Lawson State Community College Public, 2-4 years | Birmingham
The University of Alabama Public, four-years | Tuscaloosa
Auburn University Public, four-years | Auburn
University of Alabama at Birmingham Public, four-years | Birmingham
University of Alabama in Huntsville Public, four-years | Huntsville
Samford University Private, four-years | Birmingham
Troy University Public, four-years | Troy
Alabama A & M University Public, four-years | Normal

compare schools

Graduate

The University of Alabama Public, four-years | Tuscaloosa
University of Alabama in Huntsville Public, four-years | Huntsville
University of Alabama System Office Public, four-years | Tuscaloosa
University of South Alabama Public, four-years | Mobile
Athens State University Public, four-years | Athens
South University-Montgomery Private, four-years | Montgomery
Troy University Public, four-years | Troy
Alabama A & M University Public, four-years | Normal
University of Mobile Private, four-years | Mobile
Faulkner University Private, four-years | Montgomery

compare schools

Online Schools

University of Alabama at Birmingham Public, four-years | Birmingham
J. F. Drake State Community and Technical College Public, 2-4 years | Huntsville
Tuskegee University Private, four-years | Tuskegee
The University of Alabama Public, four-years | Tuscaloosa
University of West Alabama Public, four-years | Livingston
Alabama State University Public, four-years | Montgomery
Columbia Southern University Private, four-years | Orange Beach
Auburn University Public, four-years | Auburn
Oakwood University Private, four-years | Huntsville
Heritage Christian University Private, four-years | Florence

compare schools

Trade Schools

Fortis College Private, Less than 2-years | Mobile
United States Sports Academy Private, four-years | Daphne
Paul Mitchell the School-Birmingham Private, Less than 2-years | Hoover
Fortis College-Montgomery Private, Less than 2-years | Montgomery
The Salon Professional Academy-Huntsville Private, Less than 2-years | Huntsville
Jacksonville State University Public, four-years | Jacksonville
Midfield Institute of Cosmetology Private, Less than 2-years | Midfield
Troy University Public, four-years | Troy
University of North Alabama Public, four-years | Florence
Alabama School of Nail Technology & Cosmetology Private, Less than 2-years | Jackson

compare schools

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