How Nuvo 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 Nuvo College of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 44, which is 41.78 % of all undergraduate students. 42 students which is 39.22% of undergraduate students received federal student loans and the average loan amount is $5,207.

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	49 (39%)	$4,253	49 (39%)	$4,101	50 (39%)	$5,101
2014-15	53 (37%)	$2,539	53 (37%)	$2,539	56 (39%)	$3,371
2015-16	14 (11%)	$4,956	14 (11%)	$4,956	15 (12%)	$4,571
2016-17	38 (27%)	$6,637	34 (24%)	$5,793	36 (26%)	$6,167
2017-18	48 (42%)	$2,534	45 (39%)	$2,227	45 (39%)	$11,070
2018-19	98 (86%)	$5,300	98 (86%)	$5,300	86 (75%)	$6,000
2019-20	45 (52%)	$2,143	43 (49%)	$1,997	44 (51%)	$2,854
2020-21	35 (69%)	$2,473	35 (69%)	$2,473	31 (61%)	$3,957
2021-22	16 (13%)	$2,138	16 (13%)	$2,138	13 (11%)	$3,768
Average	44 (41.78%)	$3,664	43 (40.78%)	$3,503	42 (39.22%)	$5,207

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

Overview

For the last 10 years, on average, 16 (77.11 % of students) received grants or scholarships and its average amount is $4,177. It can cover 23.21% of tuition & fees ($18,000).

In addition, 15 (67.67 % of students) students get helped from the students loans (average amount : $6,568).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	40 (78%)	$5,210	43 (84%)	$5,931
2014-15	24 (75%)	$5,607	26 (81%)	$6,838
2015-16	14 (70%)	$4,956	15 (75%)	$4,571
2016-17	14 (88%)	$3,588	8 (50%)	$5,459
2017-18	2 (50%)	$4,901	2 (50%)	$16,621
2018-19	14 (93%)	$5,163	14 (93%)	$5,949
2019-20	10 (67%)	$3,339	10 (67%)	$5,984
2020-21	14 (100%)	$2,695	7 (50%)	$3,993
2021-22	16 (73%)	$2,138	13 (59%)	$3,768
Average	16 (77.11%)	$4,177	15 (67.67%)	$6,568

^*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, 16 (76.33 % of students) received Pell (federal) grants and its average amount is $4,155.

In addition, 2 students received State/local government grants/scholarships (4.00 % 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	40 (78%)	$5,024	-	-	2 (4%)	$3,721	-	-
2014-15	24 (75%)	$5,607	-	-	-	-	-	-
2015-16	14 (70%)	$4,956	-	-	-	-	-	-
2016-17	13 (81%)	$3,575	-	-	-	-	1 (6%)	$3,758
2017-18	2 (50%)	$4,901	-	-	-	-	-	-
2018-19	14 (93%)	$5,163	-	-	-	-	-	-
2019-20	10 (67%)	$3,339	-	-	-	-	-	-
2020-21	14 (100%)	$2,695	-	-	-	-	-	-
2021-22	16 (73%)	$2,138	-	-	-	-	-	-
Average	16 (76.33%)	$4,155	-	-	2 (4.00%)	$3,721	1 (6.00%)	$3,758

^*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, 15 (67.67 % of students) get any students loan help and its average loan amount is $15.

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	43 (84%)	$5,931	43 (84%)	$5,931	-	-
2014-15	26 (81%)	$6,838	26 (81%)	$6,838	-	-
2015-16	15 (75%)	$4,571	15 (75%)	$4,571	-	-
2016-17	8 (50%)	$5,459	8 (50%)	$5,459	-	-
2017-18	2 (50%)	$16,621	2 (50%)	$6,061	2 (50%)	$10,560
2018-19	14 (93%)	$5,949	14 (93%)	$5,949	-	-
2019-20	10 (67%)	$5,984	10 (67%)	$5,984	-	-
2020-21	7 (50%)	$3,993	7 (50%)	$3,993	-	-
2021-22	13 (59%)	$3,768	13 (59%)	$3,768	-	-
Average	15 (67.67%)	$6,568	15 (67.67%)	$5,395	2 (50.00%)	$10,560

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Scholarships, Grants, and Loan Trends at Nuvo College of Cosmetology

All Undergraduate Students Financial Aid Over Time

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