Scholarships, Grants, and Loan Trends at Minnesota School of Cosmetology-Plymouth Campus

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 96, which is 70.00 % of all undergraduate students. 86 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $5,922.
For full-time, first-time beginning students (freshmen), 84.83% of students received grants or scholarships and 79% 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 Minnesota School of Cosmetology-Plymouth Campus since 2013.
For that period, the average number of students who received grants aid/scholarships is 96, which is 70.00 % of all undergraduate students. 86 students which is 62.33% of undergraduate students received federal student loans and the average loan amount is $5,922.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14108 (79%)$3,97484 (62%)$3,93090 (66%)$6,127
2014-1587 (75%)$4,21967 (58%)$4,28174 (64%)$5,850
2015-1676 (72%)$3,86457 (54%)$3,74161 (58%)$7,111
2016-1763 (48%)$4,71450 (38%)$4,28556 (43%)$5,176
2017-18102 (72%)$4,71188 (62%)$4,272103 (73%)$5,467
2018-19142 (74%)$4,596103 (54%)$4,541134 (70%)$5,803
Average96 (70.00%)$4,34675 (54.67%)$4,17586 (62.33%)$5,922

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

For the last 7 years, on average, 28 (84.83 % of students) received grants or scholarships and its average amount is $4,877. It can cover 22.48% of tuition & fees ($21,700).
In addition, 26 (79.33 % of students) students get helped from the students loans (average amount : $6,124).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1446 (92%)$4,36741 (82%)$5,923
2014-1519 (83%)$4,54118 (78%)$6,650
2015-1611 (92%)$4,8199 (75%)$7,927
2016-1715 (94%)$5,39914 (88%)$5,212
2017-1825 (76%)$4,92126 (79%)$5,510
2018-1949 (72%)$5,21650 (74%)$5,519
Average28 (84.83%)$4,87726 (79.33%)$6,124
*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 7 years, on average, 22 (64.67 % of students) received Pell (federal) grants and its average amount is $4,331.
In addition, 20 students received State/local government grants/scholarships (57.83 % of students).
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
2013-1438 (76%)$3,8309 (18%)$30635 (70%)$1,17216 (32%)$723
2014-1515 (65%)$4,2263 (13%)$33314 (61%)$1,1259 (39%)$683
2015-167 (58%)$4,2644 (33%)$3007 (58%)$1,5457 (58%)$1,592
2016-1711 (69%)$5,0654 (25%)$3579 (56%)$1,5157 (44%)$1,457
2017-1821 (64%)$4,2284 (12%)$30015 (45%)$1,8866 (18%)$792
2018-1938 (56%)$4,3738 (12%)$26939 (57%)$1,77717 (25%)$1,059
Average22 (64.67%)$4,3315 (18.83%)$31120 (57.83%)$1,50310 (36.00%)$1,051
*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 7 years, on average, 26 (79.33 % of students) get any students loan help and its average loan amount is $26.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1441 (82%)$5,92341 (82%)$5,923--
2014-1518 (78%)$6,65017 (74%)$5,2603 (13%)$10,091
2015-169 (75%)$7,9279 (75%)$7,927--
2016-1714 (88%)$5,21214 (88%)$4,6771 (6%)$7,500
2017-1826 (79%)$5,51026 (79%)$4,8073 (9%)$6,097
2018-1950 (74%)$5,51950 (74%)$5,0315 (7%)$4,880
Average26 (79.33%)$6,12426 (78.67%)$5,6043 (8.75%)$7,142
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