Scholarships, Grants, and Loan Trends at Olympian Academy of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,089, which is 75.44 % of all undergraduate students. 1,061 students which is 73.22% of undergraduate students received federal student loans and the average loan amount is $6,386.
For full-time, first-time beginning students (freshmen), 80.78% of students received grants or scholarships and 80% 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 Olympian Academy of Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,089, which is 75.44 % of all undergraduate students. 1,061 students which is 73.22% of undergraduate students received federal student loans and the average loan amount is $6,386.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,423 (83%)$4,0711,422 (83%)$4,0281,395 (81%)$6,908
2014-151,282 (76%)$4,2191,268 (76%)$3,9891,307 (78%)$5,931
2015-161,185 (72%)$4,3541,155 (70%)$3,9081,159 (70%)$5,946
2016-171,211 (77%)$4,5831,142 (72%)$3,7861,181 (75%)$6,529
2017-181,054 (78%)$4,180971 (72%)$4,1831,020 (76%)$6,589
2018-19974 (75%)$4,226964 (74%)$4,188937 (72%)$6,530
2019-20786 (69%)$4,344786 (69%)$4,279833 (73%)$6,547
2020-211,027 (84%)$4,635832 (68%)$4,113821 (67%)$6,275
2021-22859 (65%)$4,311857 (65%)$4,248895 (67%)$6,223
Average1,089 (75.44%)$4,3251,044 (72.11%)$4,0801,061 (73.22%)$6,386

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

For the last 10 years, on average, 716 (80.78 % of students) received grants or scholarships and its average amount is $4,494. It can cover 26.75% of tuition & fees ($16,800).
In addition, 709 (80.22 % of students) students get helped from the students loans (average amount : $6,945).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14988 (86%)$4,276965 (84%)$7,498
2014-15881 (84%)$4,479876 (84%)$6,289
2015-16765 (79%)$4,260749 (78%)$6,865
2016-17725 (79%)$4,222738 (80%)$6,975
2017-18620 (81%)$4,378621 (81%)$7,237
2018-19672 (82%)$4,446655 (80%)$7,107
2019-20517 (80%)$4,844520 (81%)$7,329
2020-21629 (78%)$4,923616 (76%)$6,454
2021-22643 (78%)$4,622638 (78%)$6,755
Average716 (80.78%)$4,494709 (80.22%)$6,945
*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, 710 (80.11 % of students) received Pell (federal) grants and its average amount is $4,313.
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
2013-14987 (86%)$4,215260 (23%)$113--261 (23%)$134
2014-15869 (83%)$4,215269 (26%)$106--283 (27%)$902
2015-16759 (79%)$4,125177 (18%)$146--197 (20%)$518
2016-17716 (78%)$4,10885 (9%)$233--129 (14%)$773
2017-18611 (79%)$4,314187 (24%)$119--210 (27%)$269
2018-19672 (82%)$4,380185 (23%)$150--182 (22%)$93
2019-20517 (80%)$4,755131 (20%)$194--131 (20%)$156
2020-21617 (76%)$4,164362 (45%)$1,451--22 (3%)$98
2021-22643 (78%)$4,54279 (10%)$525--67 (8%)$150
Average710 (80.11%)$4,313193 (22.00%)$337--165 (18.22%)$344
*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, 709 (80.22 % of students) get any students loan help and its average loan amount is $709.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14965 (84%)$7,498965 (84%)$7,498--
2014-15876 (84%)$6,289876 (84%)$6,289--
2015-16749 (78%)$6,865749 (78%)$6,865--
2016-17738 (80%)$6,975738 (80%)$6,975--
2017-18621 (81%)$7,237621 (81%)$7,237--
2018-19655 (80%)$7,107655 (80%)$7,00624 (3%)$2,749
2019-20520 (81%)$7,329520 (81%)$7,2699 (1%)$3,499
2020-21616 (76%)$6,454615 (76%)$6,4571 (0%)$4,782
2021-22638 (78%)$6,755638 (78%)$6,755--
Average709 (80.22%)$6,945709 (80.22%)$6,92811 (2.00%)$3,677
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