How Model College of Hair Design'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 Model College of Hair Design since 2013.

For that period, the average number of students who received grants aid/scholarships is 97, which is 66.44 % of all undergraduate students. 100 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $5,898.

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	78 (46%)	$5,632	77 (46%)	$4,284	103 (61%)	$6,202
2014-15	66 (45%)	$5,044	60 (41%)	$3,980	82 (56%)	$7,040
2015-16	67 (50%)	$6,316	60 (45%)	$4,484	95 (71%)	$6,928
2016-17	89 (57%)	$6,342	81 (52%)	$4,427	124 (80%)	$6,123
2017-18	99 (73%)	$3,295	63 (47%)	$3,579	111 (82%)	$3,896
2018-19	121 (83%)	$3,227	59 (41%)	$4,049	119 (82%)	$3,532
2019-20	141 (100%)	$3,016	67 (48%)	$4,208	98 (70%)	$4,407
2020-21	80 (78%)	$6,729	60 (59%)	$6,094	52 (51%)	$9,412
2021-22	131 (66%)	$5,038	106 (54%)	$3,925	112 (57%)	$5,543
Average	97 (66.44%)	$4,960	70 (48.11%)	$4,337	100 (67.78%)	$5,898

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

Overview

For the last 10 years, on average, 42 (67.22 % of students) received grants or scholarships and its average amount is $5,548. It can cover 27.07% of tuition & fees ($20,500).

In addition, 44 (70.44 % of students) students get helped from the students loans (average amount : $8,169).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	46 (46%)	$5,870	62 (63%)	$9,622
2014-15	32 (38%)	$5,494	48 (57%)	$8,458
2015-16	31 (47%)	$6,522	47 (71%)	$10,262
2016-17	33 (72%)	$7,405	38 (83%)	$9,079
2017-18	26 (67%)	$5,918	33 (85%)	$7,530
2018-19	42 (76%)	$5,870	48 (87%)	$8,583
2019-20	56 (100%)	$5,585	46 (82%)	$7,667
2020-21	62 (90%)	$3,091	32 (46%)	$6,451
2021-22	48 (69%)	$4,181	42 (60%)	$5,865
Average	42 (67.22%)	$5,548	44 (70.44%)	$8,169

^*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, 34 (54.11 % of students) received Pell (federal) grants and its average amount is $4,656.

In addition, 32 students received State/local government grants/scholarships (51.44 % of students).

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	45 (45%)	$4,352	-	-	46 (46%)	$1,613	-	-
2014-15	27 (32%)	$4,592	-	-	30 (36%)	$1,728	-	-
2015-16	28 (42%)	$4,760	-	-	30 (45%)	$2,297	-	-
2016-17	32 (70%)	$4,977	-	-	29 (63%)	$2,935	-	-
2017-18	23 (59%)	$4,713	-	-	21 (54%)	$2,165	-	-
2018-19	31 (56%)	$5,621	-	-	34 (62%)	$2,126	-	-
2019-20	39 (70%)	$5,621	-	-	44 (79%)	$2,126	-	-
2020-21	46 (67%)	$2,716	-	-	26 (38%)	$2,487	14 (20%)	$145
2021-22	32 (46%)	$4,554	-	-	28 (40%)	$1,962	-	-
Average	34 (54.11%)	$4,656	-	-	32 (51.44%)	$2,160	14 (20.00%)	$145

^*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, 44 (70.44 % of students) get any students loan help and its average loan amount is $44.

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	62 (63%)	$9,622	62 (63%)	$6,599	26 (26%)	$7,208
2014-15	48 (57%)	$8,458	48 (57%)	$5,786	21 (25%)	$6,107
2015-16	47 (71%)	$10,262	47 (71%)	$6,660	23 (35%)	$7,361
2016-17	38 (83%)	$9,079	38 (83%)	$6,947	13 (28%)	$6,231
2017-18	33 (85%)	$7,530	32 (82%)	$5,866	10 (26%)	$6,080
2018-19	48 (87%)	$8,583	45 (82%)	$6,738	17 (31%)	$6,397
2019-20	46 (82%)	$7,667	40 (71%)	$6,738	13 (23%)	$6,397
2020-21	32 (46%)	$6,451	32 (46%)	$4,857	7 (10%)	$7,286
2021-22	42 (60%)	$5,865	35 (50%)	$5,209	7 (10%)	$9,143
Average	44 (70.44%)	$8,169	42 (67.22%)	$6,156	15 (23.78%)	$6,912

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Scholarships, Grants, and Loan Trends at Model College of Hair Design

All Undergraduate Students Financial Aid Over Time

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