How Mississippi Institute'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 Mississippi Institute of Aesthetics Nails & Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 46, which is 37.67 % of all undergraduate students. 56 students which is 45.44% of undergraduate students received federal student loans and the average loan amount is $5,602.

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	68 (49%)	$3,697	68 (49%)	$3,697	77 (56%)	$7,183
2014-15	54 (36%)	$3,817	54 (36%)	$3,817	67 (45%)	$6,534
2015-16	53 (41%)	$4,358	53 (41%)	$4,358	54 (42%)	$6,553
2016-17	39 (34%)	$3,807	39 (34%)	$3,807	43 (38%)	$4,742
2017-18	42 (39%)	$3,742	42 (39%)	$3,742	52 (48%)	$4,752
2018-19	55 (51%)	$3,999	55 (51%)	$3,999	61 (56%)	$5,241
2019-20	47 (39%)	$4,121	47 (39%)	$4,121	49 (40%)	$4,807
2020-21	25 (20%)	$3,975	25 (20%)	$3,975	45 (37%)	$5,260
2021-22	35 (30%)	$4,183	35 (30%)	$4,183	54 (47%)	$5,342
Average	46 (37.67%)	$3,967	46 (37.67%)	$3,967	56 (45.44%)	$5,602

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

Overview

For the last 10 years, on average, 5 (57.38 % of students) received grants or scholarships and its average amount is $4,295. It can cover 26.03% of tuition & fees ($16,500).

In addition, 6 (63.50 % of students) students get helped from the students loans (average amount : $6,035).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	7 (50%)	$3,097	8 (57%)	$7,649
2014-15	5 (31%)	$2,915	10 (63%)	$6,371
2015-16	5 (83%)	$5,188	5 (83%)	$7,854
2016-17	3 (60%)	$5,147	5 (100%)	$5,777
2017-18	3 (100%)	$3,879	1 (33%)	$2,647
2018-19	10 (59%)	$4,232	14 (82%)	$4,896
2019-20	3 (43%)	$5,079	4 (57%)	$5,515
2020-21	-	-	-	-
2021-22	2 (33%)	$4,820	2 (33%)	$7,573
Average	5 (57.38%)	$4,295	6 (63.50%)	$6,035

^*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, 5 (57.38 % of students) received Pell (federal) grants and its average amount is $4,295.

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	7 (50%)	$3,097	-	-	-	-	-	-
2014-15	5 (31%)	$2,915	-	-	-	-	-	-
2015-16	5 (83%)	$5,188	-	-	-	-	-	-
2016-17	3 (60%)	$5,147	-	-	-	-	-	-
2017-18	3 (100%)	$3,879	-	-	-	-	-	-
2018-19	10 (59%)	$4,232	-	-	-	-	-	-
2019-20	3 (43%)	$5,079	-	-	-	-	-	-
2020-21	-	-	-	-	-	-	-	-
2021-22	2 (33%)	$4,820	-	-	-	-	-	-
Average	5 (57.38%)	$4,295	-	-	-	-	-	-

^*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 10 years, on average, 6 (63.50 % of students) get any students loan help and its average loan amount is $6.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	8 (57%)	$7,649	8 (57%)	$7,649	-	-
2014-15	10 (63%)	$6,371	10 (63%)	$6,371	-	-
2015-16	5 (83%)	$7,854	5 (83%)	$7,854	-	-
2016-17	5 (100%)	$5,777	5 (100%)	$5,777	-	-
2017-18	1 (33%)	$2,647	1 (33%)	$2,647	-	-
2018-19	14 (82%)	$4,896	14 (82%)	$4,896	-	-
2019-20	4 (57%)	$5,515	4 (57%)	$5,515	-	-
2020-21	-	-	-	-	-	-
2021-22	2 (33%)	$7,573	2 (33%)	$7,573	-	-
Average	6 (63.50%)	$6,035	6 (63.50%)	$6,035	-	-

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Scholarships, Grants, and Loan Trends at Mississippi Institute

All Undergraduate Students Financial Aid Over Time

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