Scholarships, Grants, and Loan Trends at New Dimensions Beauty Academy Inc

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 55, which is 57.17 % of all undergraduate students. 52 students which is 54.17% of undergraduate students received federal student loans and the average loan amount is $7,197.
For full-time, first-time beginning students (freshmen), 84.83% of students received grants or scholarships and 84% 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 New Dimensions Beauty Academy Inc since 2013.
For that period, the average number of students who received grants aid/scholarships is 55, which is 57.17 % of all undergraduate students. 52 students which is 54.17% of undergraduate students received federal student loans and the average loan amount is $7,197.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1454 (62%)$2,96339 (45%)$3,77445 (52%)$7,125
2014-1555 (66%)$3,45848 (58%)$3,82353 (64%)$7,424
2015-1656 (62%)$3,67045 (50%)$4,21957 (63%)$7,843
2016-1747 (53%)$3,39239 (44%)$3,89847 (53%)$7,110
2017-1868 (58%)$2,29839 (33%)$3,57258 (50%)$6,847
2018-1950 (42%)$1,90828 (24%)$3,08351 (43%)$6,835
Average55 (57.17%)$2,94840 (42.33%)$3,72852 (54.17%)$7,197

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

For the last 7 years, on average, 17 (84.83 % of students) received grants or scholarships and its average amount is $2,878. It can cover 18.45% of tuition & fees ($15,600).
In addition, 16 (83.50 % of students) students get helped from the students loans (average amount : $6,774).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1413 (93%)$2,78311 (79%)$7,470
2014-1518 (90%)$3,48116 (80%)$7,102
2015-1617 (85%)$3,16917 (85%)$6,921
2016-1710 (83%)$3,70512 (100%)$6,333
2017-1826 (81%)$2,18824 (75%)$6,618
2018-1917 (77%)$1,94218 (82%)$6,199
Average17 (84.83%)$2,87816 (83.50%)$6,774
*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 7 years, on average, 10 (53.17 % of students) received Pell (federal) grants and its average amount is $4,123.
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
2013-147 (50%)$4,498----10 (71%)$470
2014-1512 (60%)$4,992----6 (30%)$458
2015-1613 (65%)$3,683----12 (60%)$500
2016-178 (67%)$4,226----8 (67%)$406
2017-1813 (41%)$3,765----20 (63%)$398
2018-198 (36%)$3,576----13 (59%)$338
Average10 (53.17%)$4,123----12 (58.33%)$428
*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 7 years, on average, 16 (83.50 % of students) get any students loan help and its average loan amount is $16.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (79%)$7,47011 (79%)$7,470--
2014-1516 (80%)$7,10216 (80%)$7,102--
2015-1617 (85%)$6,92117 (85%)$6,921--
2016-1712 (100%)$6,33312 (100%)$6,333--
2017-1824 (75%)$6,61824 (75%)$6,618--
2018-1918 (82%)$6,19917 (77%)$6,2481 (5%)$5,350
Average16 (83.50%)$6,77416 (82.67%)$6,7821 (5.00%)$5,350
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