Scholarships, Grants, and Loan Trends at MyrAngel Beauty Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 277, which is 96.89 % of all undergraduate students. 31 students which is 15.25% of undergraduate students received federal student loans and the average loan amount is $4,467.
For full-time, first-time beginning students (freshmen), 97.67% of students received grants or scholarships and 16% 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 MyrAngel Beauty Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 277, which is 96.89 % of all undergraduate students. 31 students which is 15.25% of undergraduate students received federal student loans and the average loan amount is $4,467.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14330 (96%)$4,444320 (93%)$4,289--
2014-15380 (97%)$4,236370 (95%)$3,731--
2015-16349 (98%)$4,154349 (98%)$3,951--
2016-17354 (99%)$4,682350 (97%)$4,130--
2017-18281 (99%)$4,662281 (99%)$3,980--
2018-19203 (97%)$4,969203 (97%)$4,74516 (8%)$5,644
2019-20211 (97%)$5,450211 (97%)$5,26028 (13%)$2,867
2020-21180 (99%)$4,928180 (99%)$4,73843 (24%)$4,261
2021-22208 (90%)$4,887208 (90%)$4,72336 (16%)$5,097
Average277 (96.89%)$4,712275 (96.11%)$4,39431 (15.25%)$4,467

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

For the last 10 years, on average, 275 (97.67 % of students) received grants or scholarships and its average amount is $4,560. It can cover 41.86% of tuition & fees ($10,895).
In addition, 31 (15.50 % of students) students get helped from the students loans (average amount : $4,467).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14325 (98%)$4,152--
2014-15370 (97%)$3,979--
2015-16349 (98%)$4,154--
2016-17350 (99%)$4,368--
2017-18281 (99%)$4,197--
2018-19203 (97%)$4,95916 (8%)$5,644
2019-20211 (97%)$5,44028 (13%)$2,867
2020-21180 (99%)$4,91643 (24%)$4,261
2021-22208 (95%)$4,87836 (17%)$5,097
Average275 (97.67%)$4,56031 (15.50%)$4,467
*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 10 years, on average, 275 (97.56 % of students) received Pell (federal) grants and its average amount is $4,354.
In addition, 72 students received State/local government grants/scholarships (20.25 % 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
2013-14320 (97%)$3,924162 (49%)$17387 (26%)$238300 (91%)$150
2014-15370 (97%)$3,731155 (41%)$144106 (28%)$202320 (84%)$150
2015-16349 (98%)$3,951110 (31%)$16341 (11%)$190318 (89%)$142
2016-17350 (99%)$4,130135 (38%)$20055 (16%)$186320 (90%)$144
2017-18281 (99%)$3,980124 (44%)$209--245 (86%)$144
2018-19203 (97%)$4,745116 (56%)$235--120 (57%)$133
2019-20211 (97%)$5,26083 (38%)$241--125 (58%)$144
2020-21180 (99%)$4,73888 (48%)$229--100 (55%)$120
2021-22208 (95%)$4,72377 (35%)$261--110 (50%)$109
Average275 (97.56%)$4,354117 (42.22%)$20672 (20.25%)$204218 (73.33%)$137
*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 10 years, on average, 31 (15.50 % of students) get any students loan help and its average loan amount is $31.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-16------
2016-17------
2017-18------
2018-1916 (8%)$5,64416 (8%)$5,644--
2019-2028 (13%)$2,86728 (13%)$2,867--
2020-2143 (24%)$4,26143 (24%)$4,261--
2021-2236 (17%)$5,09736 (17%)$5,097--
Average31 (15.50%)$4,46731 (15.50%)$4,467--
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