Scholarships, Grants, and Loan Trends at Montgomery Beauty School-Baltimore Beauty & Barber School

Over the past 2 years (2021-2022), the average number of students who received grants aid/scholarships is 142, which is 43.00 % of all undergraduate students. 130 students which is 39.00% of undergraduate students received federal student loans and the average loan amount is $2,873.

For full-time, first-time beginning students (freshmen), 90.00% of students received grants or scholarships and 95% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Montgomery Beauty School-Baltimore Beauty & Barber School since 2021.

For that period, the average number of students who received grants aid/scholarships is 142, which is 43.00 % of all undergraduate students. 130 students which is 39.00% of undergraduate students received federal student loans and the average loan amount is $2,873.

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
2021-22	142 (43%)	$2,137	142 (43%)	$1,946	130 (39%)	$2,873
Average	142 (43.00%)	$2,137	142 (43.00%)	$1,946	130 (39.00%)	$2,873

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

Overview

For the last 2 years, on average, 119 (90.00 % of students) received grants or scholarships and its average amount is $2,087. It can cover 9.36% of tuition & fees ($22,300).

In addition, 126 (95.00 % of students) students get helped from the students loans (average amount : $2,587).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2021-22	119 (90%)	$2,087	126 (95%)	$2,587
Average	119 (90.00%)	$2,087	126 (95.00%)	$2,587

^*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 2 years, on average, 119 (90.00 % of students) received Pell (federal) grants and its average amount is $2,028.

In addition, 14 students received State/local government grants/scholarships (11.00 % 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
2021-22	119 (90%)	$2,028	-	-	14 (11%)	$500	-	-
Average	119 (90.00%)	$2,028	-	-	14 (11.00%)	$500	-	-

^*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 2 years, on average, 126 (95.00 % of students) get any students loan help and its average loan amount is $126.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2021-22	126 (95%)	$2,587	126 (95%)	$2,587	-	-
Average	126 (95.00%)	$2,587	126 (95.00%)	$2,587	-	-

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