Scholarships, Grants, and Loan Trends at New England Hair Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 114, which is 41.67 % of all undergraduate students.
For full-time, first-time beginning students (freshmen), 72.22% of students received grants or scholarships and 43% 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 England Hair Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 114, which is 41.67 % of all undergraduate students.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14113 (41%)$5,52499 (36%)$4,874--
2014-1571 (29%)$5,00344 (18%)$4,751--
2015-16130 (50%)$4,429124 (48%)$3,535--
2016-17126 (44%)$4,836123 (43%)$3,642--
2017-18129 (47%)$5,711115 (42%)$4,378--
2018-19132 (49%)$5,354124 (46%)$4,422--
2019-2099 (39%)$6,21891 (36%)$5,276--
2020-21107 (35%)$6,50091 (30%)$5,717--
2021-22121 (41%)$5,263102 (35%)$5,085--
Average114 (41.67%)$5,426101 (37.11%)$4,631--

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

For the last 10 years, on average, 35 (72.22 % of students) received grants or scholarships and its average amount is $5,853. It can cover 39.02% of tuition & fees ($15,000).
In addition, 21 (43.11 % of students) students get helped from the students loans (average amount : $7,764).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1450 (82%)$5,82011 (18%)$6,918
2014-1537 (82%)$5,42710 (22%)$8,023
2015-1616 (64%)$5,2358 (32%)$7,275
2016-1726 (74%)$4,72415 (43%)$7,848
2017-1837 (73%)$5,47825 (49%)$7,873
2018-1940 (74%)$6,63428 (52%)$7,831
2019-2034 (69%)$7,14323 (47%)$7,545
2020-2135 (56%)$5,94836 (58%)$7,880
2021-2242 (76%)$6,26637 (67%)$8,680
Average35 (72.22%)$5,85321 (43.11%)$7,764
*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, 33 (68.22 % of students) received Pell (federal) grants and its average amount is $5,494.
In addition, 10 students received State/local government grants/scholarships (19.38 % 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
2013-1448 (79%)$5,31913 (21%)$3008 (13%)$3,975--
2014-1530 (67%)$5,73014 (31%)$2796 (13%)$3,5001 (2%)$4,000
2015-1616 (64%)$5,0096 (24%)$2853 (12%)$633--
2016-1725 (71%)$4,2878 (23%)$2815 (14%)$2,680--
2017-1836 (71%)$4,92514 (27%)$5072 (4%)$9,156--
2018-1937 (69%)$5,75916 (30%)$28120 (37%)$2,3302 (4%)$598
2019-2034 (69%)$6,19214 (29%)$28913 (27%)$2,1541 (2%)$289
2020-2134 (55%)$5,96616 (26%)$334----
2021-2238 (69%)$6,25720 (36%)$32119 (35%)$9731 (2%)$500
Average33 (68.22%)$5,49413 (27.44%)$32010 (19.38%)$3,1751 (2.50%)$1,347
*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, 21 (43.11 % of students) get any students loan help and its average loan amount is $21.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (18%)$6,918--11 (18%)$6,918
2014-1510 (22%)$8,023--10 (22%)$8,023
2015-168 (32%)$7,275--8 (32%)$7,275
2016-1715 (43%)$7,848--15 (43%)$7,848
2017-1825 (49%)$7,873--25 (49%)$7,873
2018-1928 (52%)$7,831--28 (52%)$7,831
2019-2023 (47%)$7,545--23 (47%)$7,545
2020-2136 (58%)$7,880--36 (58%)$7,880
2021-2237 (67%)$8,680--37 (67%)$8,680
Average21 (43.11%)$7,764--21 (43.11%)$7,764
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