How New York Institute of Beauty'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 York Institute of Beauty since 2013.

For that period, the average number of students who received grants aid/scholarships is 109, which is 37.22 % of all undergraduate students. 111 students which is 37.67% of undergraduate students received federal student loans and the average loan amount is $5,240.

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	58 (28%)	$2,800	54 (26%)	$2,439	65 (31%)	$5,852
2014-15	75 (36%)	$3,329	71 (34%)	$2,706	76 (37%)	$5,085
2015-16	104 (44%)	$3,694	94 (40%)	$2,979	101 (43%)	$4,957
2016-17	83 (32%)	$3,538	78 (30%)	$2,688	84 (33%)	$5,053
2017-18	114 (42%)	$3,334	106 (39%)	$2,772	110 (40%)	$4,970
2018-19	121 (45%)	$3,754	111 (41%)	$3,005	110 (41%)	$4,915
2019-20	130 (38%)	$3,552	121 (36%)	$3,251	143 (42%)	$4,890
2020-21	143 (35%)	$4,041	137 (33%)	$3,631	138 (33%)	$5,800
2021-22	153 (35%)	$4,003	144 (33%)	$3,659	170 (39%)	$5,642
Average	109 (37.22%)	$3,561	102 (34.67%)	$3,014	111 (37.67%)	$5,240

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

Overview

For the last 10 years, on average, 11 (50.78 % of students) received grants or scholarships and its average amount is $3,949. It can cover 25.09% of tuition & fees ($15,741).

In addition, 20 (80.11 % of students) students get helped from the students loans (average amount : $6,886).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	17 (46%)	$3,032	36 (97%)	$6,573
2014-15	16 (53%)	$3,304	23 (77%)	$6,253
2015-16	13 (42%)	$4,510	27 (87%)	$6,885
2016-17	6 (46%)	$3,837	9 (69%)	$6,428
2017-18	10 (59%)	$3,835	14 (82%)	$6,514
2018-19	2 (40%)	$4,213	2 (40%)	$5,481
2019-20	3 (60%)	$2,780	4 (80%)	$7,143
2020-21	17 (63%)	$5,298	26 (96%)	$7,941
2021-22	19 (48%)	$4,730	37 (93%)	$8,753
Average	11 (50.78%)	$3,949	20 (80.11%)	$6,886

^*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, 11 (49.67 % of students) received Pell (federal) grants and its average amount is $3,710.

In addition, 3 students received State/local government grants/scholarships (10.00 % 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	17 (46%)	$3,032	-	-	-	-	-	-
2014-15	16 (53%)	$3,304	-	-	-	-	-	-
2015-16	10 (32%)	$3,060	6 (19%)	$175	3 (10%)	$8,995	-	-
2016-17	6 (46%)	$3,683	5 (38%)	$185	-	-	-	-
2017-18	10 (59%)	$3,700	9 (53%)	$150	-	-	-	-
2018-19	2 (40%)	$4,063	2 (40%)	$150	-	-	-	-
2019-20	3 (60%)	$2,730	1 (20%)	$150	-	-	-	-
2020-21	17 (63%)	$5,203	11 (41%)	$147	-	-	-	-
2021-22	19 (48%)	$4,619	14 (35%)	$150	-	-	-	-
Average	11 (49.67%)	$3,710	7 (35.14%)	$158	3 (10.00%)	$8,995	-	-

^*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, 20 (80.11 % of students) get any students loan help and its average loan amount is $20.

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	36 (97%)	$6,573	21 (57%)	$5,446	28 (76%)	$4,367
2014-15	23 (77%)	$6,253	17 (57%)	$4,869	13 (43%)	$4,697
2015-16	27 (87%)	$6,885	18 (58%)	$4,376	25 (81%)	$4,285
2016-17	9 (69%)	$6,428	5 (38%)	$3,949	7 (54%)	$5,444
2017-18	14 (82%)	$6,514	11 (65%)	$4,640	11 (65%)	$3,651
2018-19	2 (40%)	$5,481	2 (40%)	$4,578	1 (20%)	$1,805
2019-20	4 (80%)	$7,143	3 (60%)	$4,435	2 (40%)	$7,633
2020-21	26 (96%)	$7,941	21 (78%)	$5,929	15 (56%)	$5,464
2021-22	37 (93%)	$8,753	31 (78%)	$5,930	22 (55%)	$6,365
Average	20 (80.11%)	$6,886	14 (59.00%)	$4,906	14 (54.44%)	$4,857

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Scholarships, Grants, and Loan Trends at New York Institute of Beauty

All Undergraduate Students Financial Aid Over Time

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