How OSBA'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 Ohio State Beauty Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 105, which is 65.33 % of all undergraduate students. 119 students which is 75.56% of undergraduate students received federal student loans and the average loan amount is $5,369.

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	185 (76%)	$4,276	171 (70%)	$4,498	178 (73%)	$5,872
2014-15	136 (70%)	$4,572	133 (68%)	$4,617	135 (69%)	$5,441
2015-16	117 (64%)	$4,037	111 (61%)	$4,135	151 (83%)	$4,326
2016-17	128 (70%)	$4,440	123 (68%)	$4,462	142 (78%)	$5,970
2017-18	99 (64%)	$4,350	91 (59%)	$4,543	124 (81%)	$4,964
2018-19	66 (59%)	$5,025	60 (54%)	$5,353	55 (50%)	$5,376
2019-20	70 (66%)	$4,845	64 (60%)	$5,190	83 (78%)	$5,440
2020-21	74 (64%)	$5,361	74 (64%)	$5,361	100 (87%)	$5,753
2021-22	70 (55%)	$5,254	66 (52%)	$5,377	103 (81%)	$5,181
Average	105 (65.33%)	$4,684	99 (61.78%)	$4,837	119 (75.56%)	$5,369

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

Overview

For the last 10 years, on average, 40 (71.78 % of students) received grants or scholarships and its average amount is $4,863. It can cover 39.28% of tuition & fees ($12,380).

In addition, 47 (88.00 % of students) students get helped from the students loans (average amount : $6,559).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	61 (79%)	$4,499	66 (86%)	$7,076
2014-15	71 (70%)	$4,530	63 (62%)	$5,640
2015-16	42 (67%)	$5,047	62 (98%)	$6,444
2016-17	43 (75%)	$4,717	54 (95%)	$7,014
2017-18	25 (69%)	$3,878	31 (86%)	$6,532
2018-19	26 (70%)	$4,938	30 (81%)	$5,809
2019-20	35 (69%)	$5,374	46 (90%)	$6,507
2020-21	29 (78%)	$5,686	37 (100%)	$7,662
2021-22	24 (69%)	$5,102	33 (94%)	$6,348
Average	40 (71.78%)	$4,863	47 (88.00%)	$6,559

^*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, 36 (64.89 % of students) received Pell (federal) grants and its average amount is $5,188.

In addition, 4 students received State/local government grants/scholarships (6.00 % 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	54 (70%)	$4,891	-	-	5 (6%)	$360	11 (14%)	$773
2014-15	69 (68%)	$4,571	-	-	3 (3%)	$750	6 (6%)	$667
2015-16	40 (63%)	$5,149	-	-	-	-	8 (13%)	$750
2016-17	40 (70%)	$4,921	-	-	-	-	8 (14%)	$750
2017-18	19 (53%)	$4,865	-	-	-	-	6 (17%)	$750
2018-19	23 (62%)	$5,321	-	-	-	-	7 (19%)	$857
2019-20	32 (63%)	$5,659	-	-	2 (4%)	$500	7 (14%)	$857
2020-21	29 (78%)	$5,686	-	-	-	-	-	-
2021-22	20 (57%)	$5,628	-	-	4 (11%)	$2,475	-	-
Average	36 (64.89%)	$5,188	-	-	4 (6.00%)	$1,021	8 (13.86%)	$772

^*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, 47 (88.00 % of students) get any students loan help and its average loan amount is $47.

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	66 (86%)	$7,076	66 (86%)	$7,076	-	-
2014-15	63 (62%)	$5,640	63 (62%)	$5,601	1 (1%)	$2,500
2015-16	62 (98%)	$6,444	62 (98%)	$6,444	-	-
2016-17	54 (95%)	$7,014	54 (95%)	$7,014	-	-
2017-18	31 (86%)	$6,532	31 (86%)	$6,532	-	-
2018-19	30 (81%)	$5,809	30 (81%)	$5,809	-	-
2019-20	46 (90%)	$6,507	46 (90%)	$6,507	-	-
2020-21	37 (100%)	$7,662	37 (100%)	$7,662	-	-
2021-22	33 (94%)	$6,348	33 (94%)	$6,348	-	-
Average	47 (88.00%)	$6,559	47 (88.00%)	$6,555	1 (1.00%)	$2,500

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Scholarships, Grants, and Loan Trends at OSBA

All Undergraduate Students Financial Aid Over Time

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