Scholarships, Grants, and Loan Trends at Oliver Finley Academy of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 187, which is 51.89 % of all undergraduate students. 218 students which is 60.22% of undergraduate students received federal student loans and the average loan amount is $7,919.
For full-time, first-time beginning students (freshmen), 62.78% of students received grants or scholarships and 83% 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 Oliver Finley Academy of Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 187, which is 51.89 % of all undergraduate students. 218 students which is 60.22% of undergraduate students received federal student loans and the average loan amount is $7,919.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14197 (59%)$3,713197 (59%)$3,713212 (63%)$10,818
2014-15165 (52%)$3,763165 (52%)$3,763206 (65%)$8,042
2015-16174 (58%)$3,688174 (58%)$3,519200 (66%)$7,813
2016-17163 (54%)$3,729163 (54%)$3,575195 (65%)$7,185
2017-18181 (52%)$4,060181 (52%)$3,895201 (57%)$8,966
2018-19221 (56%)$4,243221 (56%)$4,103235 (60%)$7,122
2019-20193 (49%)$4,415193 (49%)$4,231224 (57%)$7,596
2020-21201 (45%)$4,186201 (45%)$4,132256 (57%)$6,692
2021-22189 (42%)$3,968180 (40%)$4,018235 (52%)$7,035
Average187 (51.89%)$3,974186 (51.67%)$3,883218 (60.22%)$7,919

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

For the last 10 years, on average, 66 (62.78 % of students) received grants or scholarships and its average amount is $4,357. It can cover 20.65% of tuition & fees ($21,100).
In addition, 88 (83.00 % of students) students get helped from the students loans (average amount : $7,850).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1457 (74%)$3,76870 (91%)$9,284
2014-1557 (64%)$3,81080 (90%)$9,347
2015-1660 (62%)$4,04585 (88%)$8,256
2016-1753 (66%)$4,00068 (85%)$7,493
2017-1867 (66%)$4,62482 (81%)$7,726
2018-1985 (69%)$4,766100 (81%)$6,477
2019-2077 (63%)$5,41999 (81%)$8,510
2020-2172 (49%)$4,467114 (78%)$6,633
2021-2267 (52%)$4,31392 (72%)$6,928
Average66 (62.78%)$4,35788 (83.00%)$7,850
*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, 66 (62.78 % of students) received Pell (federal) grants and its average amount is $4,093.
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
2013-1457 (74%)$3,768------
2014-1557 (64%)$3,810------
2015-1660 (62%)$3,555----58 (60%)$507
2016-1753 (66%)$3,615----25 (31%)$816
2017-1867 (66%)$4,180----41 (41%)$726
2018-1985 (69%)$4,401----38 (31%)$815
2019-2077 (63%)$4,958----48 (39%)$740
2020-2172 (49%)$4,314----11 (8%)$1,001
2021-2267 (52%)$4,239----4 (3%)$1,231
Average66 (62.78%)$4,093----32 (30.43%)$834
*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, 88 (83.00 % of students) get any students loan help and its average loan amount is $88.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1470 (91%)$9,28470 (91%)$9,284--
2014-1580 (90%)$9,34780 (90%)$9,347--
2015-1685 (88%)$8,25685 (88%)$8,256--
2016-1768 (85%)$7,49368 (85%)$7,493--
2017-1882 (81%)$7,72682 (81%)$7,726--
2018-19100 (81%)$6,477100 (81%)$6,477--
2019-2099 (81%)$8,51099 (81%)$8,510--
2020-21114 (78%)$6,633114 (78%)$6,633--
2021-2292 (72%)$6,92892 (72%)$6,928--
Average88 (83.00%)$7,85088 (83.00%)$7,850--
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