How New Beginnings Beauty Academy'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 Beginnings Beauty Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 23, which is 58.88 % of all undergraduate students. 22 students which is 55.43% of undergraduate students received federal student loans and the average loan amount is $6,811.

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
2014-15	5 (13%)	$2,380	5 (13%)	$2,380	-	-
2015-16	19 (51%)	$4,305	19 (51%)	$4,305	18 (49%)	$5,715
2016-17	37 (100%)	$4,453	37 (100%)	$4,453	12 (32%)	$9,193
2017-18	16 (48%)	$5,429	16 (48%)	$5,429	16 (48%)	$4,515
2018-19	18 (49%)	$6,095	18 (49%)	$6,095	18 (49%)	$4,701
2019-20	17 (43%)	$3,389	17 (43%)	$3,389	17 (43%)	$5,672
2020-21	39 (93%)	$4,519	39 (93%)	$4,519	39 (93%)	$6,879
2021-22	35 (74%)	$6,495	35 (74%)	$6,495	35 (74%)	$11,000
Average	23 (58.88%)	$4,633	23 (58.88%)	$4,633	22 (55.43%)	$6,811

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

Overview

For the last 9 years, on average, 21 (88.25 % of students) received grants or scholarships and its average amount is $4,703. It can cover 27.67% of tuition & fees ($17,000).

In addition, 22 (92.14 % of students) students get helped from the students loans (average amount : $6,885).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2014-15	5 (20%)	$2,380	-	-
2015-16	19 (86%)	$4,305	18 (82%)	$5,715
2016-17	19 (100%)	$4,497	12 (63%)	$9,193
2017-18	16 (100%)	$5,429	16 (100%)	$4,515
2018-19	18 (100%)	$6,095	18 (100%)	$4,701
2019-20	17 (100%)	$3,389	17 (100%)	$5,672
2020-21	35 (100%)	$5,036	35 (100%)	$7,397
2021-22	35 (100%)	$6,495	35 (100%)	$11,000
Average	21 (88.25%)	$4,703	22 (92.14%)	$6,885

^*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 9 years, on average, 21 (88.25 % of students) received Pell (federal) grants and its average amount is $4,703.

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
2014-15	5 (20%)	$2,380	-	-	-	-	-	-
2015-16	19 (86%)	$4,305	-	-	-	-	-	-
2016-17	19 (100%)	$4,497	-	-	-	-	-	-
2017-18	16 (100%)	$5,429	-	-	-	-	-	-
2018-19	18 (100%)	$6,095	-	-	-	-	-	-
2019-20	17 (100%)	$3,389	-	-	-	-	-	-
2020-21	35 (100%)	$5,036	-	-	-	-	-	-
2021-22	35 (100%)	$6,495	-	-	-	-	-	-
Average	21 (88.25%)	$4,703	-	-	-	-	-	-

^*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 9 years, on average, 22 (92.14 % of students) get any students loan help and its average loan amount is $22.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2014-15	-	-	-	-	-	-
2015-16	18 (82%)	$5,715	18 (82%)	$5,715	-	-
2016-17	12 (63%)	$9,193	12 (63%)	$9,193	-	-
2017-18	16 (100%)	$4,515	16 (100%)	$4,515	-	-
2018-19	18 (100%)	$4,701	18 (100%)	$4,701	-	-
2019-20	17 (100%)	$5,672	17 (100%)	$5,672	-	-
2020-21	35 (100%)	$7,397	35 (100%)	$7,397	-	-
2021-22	35 (100%)	$11,000	35 (100%)	$11,000	-	-
Average	22 (92.14%)	$6,885	22 (92.14%)	$6,885	-	-

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Scholarships, Grants, and Loan Trends at New Beginnings Beauty Academy

All Undergraduate Students Financial Aid Over Time

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