How New Beginning College of Cosmetology'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 New Beginning College of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 102, which is 74.67 % of all undergraduate students. 79 students which is 57.22% of undergraduate students received federal student loans and the average loan amount is $5,467.

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	143 (94%)	$2,875	125 (82%)	$3,289	130 (86%)	$3,612
2014-15	128 (77%)	$3,614	112 (67%)	$4,130	96 (57%)	$5,193
2015-16	87 (66%)	$4,104	45 (34%)	$4,276	60 (45%)	$6,307
2016-17	96 (81%)	$3,679	96 (81%)	$3,679	39 (33%)	$9,211
2017-18	101 (74%)	$4,299	101 (74%)	$4,299	74 (54%)	$5,543
2018-19	133 (95%)	$2,964	112 (80%)	$3,378	109 (78%)	$4,606
2019-20	116 (91%)	$3,435	109 (86%)	$3,656	103 (81%)	$3,928
2020-21	85 (65%)	$4,280	85 (65%)	$4,236	85 (65%)	$5,698
2021-22	33 (29%)	$3,345	27 (24%)	$4,088	18 (16%)	$5,104
Average	102 (74.67%)	$3,622	90 (65.89%)	$3,892	79 (57.22%)	$5,467

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

Overview

For the last 10 years, on average, 46 (70.89 % of students) received grants or scholarships and its average amount is $4,036. It can cover 26.64% of tuition & fees ($15,150).

In addition, 38 (56.56 % of students) students get helped from the students loans (average amount : $5,506).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	41 (59%)	$3,735	44 (63%)	$4,019
2014-15	59 (66%)	$4,177	57 (63%)	$4,280
2015-16	45 (58%)	$4,276	43 (56%)	$6,006
2016-17	53 (75%)	$4,128	30 (42%)	$7,976
2017-18	42 (81%)	$4,416	27 (52%)	$7,093
2018-19	67 (94%)	$3,154	62 (87%)	$4,686
2019-20	41 (89%)	$3,966	39 (85%)	$3,561
2020-21	37 (61%)	$4,388	35 (57%)	$5,639
2021-22	27 (55%)	$4,088	2 (4%)	$6,298
Average	46 (70.89%)	$4,036	38 (56.56%)	$5,506

^*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, 46 (70.89 % of students) received Pell (federal) grants and its average amount is $4,025.

In addition, 3 students received State/local government grants/scholarships (5.00 % 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
2013-14	41 (59%)	$3,735	-	-	-	-	-	-
2014-15	59 (66%)	$4,177	-	-	-	-	-	-
2015-16	45 (58%)	$4,276	-	-	-	-	-	-
2016-17	53 (75%)	$4,128	-	-	-	-	-	-
2017-18	42 (81%)	$4,416	-	-	-	-	-	-
2018-19	67 (94%)	$3,154	-	-	-	-	-	-
2019-20	41 (89%)	$3,966	-	-	-	-	-	-
2020-21	37 (61%)	$4,287	-	-	3 (5%)	$1,250	-	-
2021-22	27 (55%)	$4,088	-	-	-	-	-	-
Average	46 (70.89%)	$4,025	-	-	3 (5.00%)	$1,250	-	-

^*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, 38 (56.56 % of students) get any students loan help and its average loan amount is $38.

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	44 (63%)	$4,019	38 (54%)	$4,329	11 (16%)	$1,120
2014-15	57 (63%)	$4,280	46 (51%)	$4,882	11 (12%)	$1,763
2015-16	43 (56%)	$6,006	34 (44%)	$6,033	13 (17%)	$4,087
2016-17	30 (42%)	$7,976	30 (42%)	$7,106	16 (23%)	$1,631
2017-18	27 (52%)	$7,093	27 (52%)	$6,175	5 (10%)	$4,960
2018-19	62 (87%)	$4,686	62 (87%)	$4,537	62 (87%)	$149
2019-20	39 (85%)	$3,561	39 (85%)	$3,561	-	-
2020-21	35 (57%)	$5,639	35 (57%)	$5,639	-	-
2021-22	2 (4%)	$6,298	2 (4%)	$6,298	-	-
Average	38 (56.56%)	$5,506	35 (52.89%)	$5,396	20 (27.50%)	$2,285

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Scholarships, Grants, and Loan Trends at New Beginning College of Cosmetology

All Undergraduate Students Financial Aid Over Time

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