Scholarships, Grants, and Loan Trends at Palm Beach Academy of Health & Beauty

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 145, which is 59.33 % of all undergraduate students. 125 students which is 52.56% of undergraduate students received federal student loans and the average loan amount is $4,363.
For full-time, first-time beginning students (freshmen), 60.56% of students received grants or scholarships and 64% 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 Palm Beach Academy of Health & Beauty since 2013.
For that period, the average number of students who received grants aid/scholarships is 145, which is 59.33 % of all undergraduate students. 125 students which is 52.56% of undergraduate students received federal student loans and the average loan amount is $4,363.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1421 (8%)$3,52819 (7%)$3,90016 (6%)$6,351
2014-15274 (82%)$2,384230 (69%)$2,755271 (81%)$2,803
2015-16125 (90%)$2,534125 (90%)$2,495133 (96%)$3,014
2016-17149 (84%)$2,880149 (84%)$2,813169 (95%)$2,986
2017-18173 (60%)$2,925173 (60%)$2,925162 (57%)$2,968
2018-19240 (81%)$5,373197 (66%)$2,511165 (55%)$4,621
2019-2091 (42%)$3,19791 (42%)$2,87853 (24%)$6,371
2020-21100 (40%)$3,661100 (40%)$3,661100 (40%)$4,611
2021-22131 (47%)$9,83578 (28%)$6,41552 (19%)$5,546
Average145 (59.33%)$4,035129 (54.00%)$3,373125 (52.56%)$4,363

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

For the last 10 years, on average, 30 (60.56 % of students) received grants or scholarships and its average amount is $3,040. It can cover 21.44% of tuition & fees ($14,180).
In addition, 30 (64.00 % of students) students get helped from the students loans (average amount : $5,500).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1412 (46%)$3,2419 (35%)$4,804
2014-1520 (65%)$2,65817 (55%)$5,580
2015-1615 (54%)$2,99726 (93%)$5,378
2016-1718 (50%)$3,01529 (81%)$5,148
2017-1822 (37%)$3,10536 (61%)$4,840
2018-1917 (40%)$3,14324 (56%)$4,621
2019-2058 (92%)$3,00550 (79%)$4,532
2020-2165 (100%)$4,17342 (65%)$10,955
2021-2246 (61%)$2,02238 (51%)$3,645
Average30 (60.56%)$3,04030 (64.00%)$5,500
*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, 30 (60.00 % of students) received Pell (federal) grants and its average amount is $2,943.
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
2013-1412 (46%)$3,241------
2014-1520 (65%)$2,658------
2015-1615 (54%)$2,997------
2016-1718 (50%)$3,015------
2017-1822 (37%)$3,105------
2018-1917 (40%)$3,143------
2019-2058 (92%)$2,86712 (19%)$664----
2020-2165 (100%)$4,173------
2021-2242 (56%)$1,2894 (5%)$9,718----
Average30 (60.00%)$2,9438 (12.00%)$5,191----
*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, 30 (64.00 % of students) get any students loan help and its average loan amount is $30.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-149 (35%)$4,8049 (35%)$4,804--
2014-1517 (55%)$5,58017 (55%)$5,580--
2015-1626 (93%)$5,37826 (93%)$5,378--
2016-1729 (81%)$5,14829 (81%)$5,148--
2017-1836 (61%)$4,84036 (61%)$4,840--
2018-1924 (56%)$4,62124 (56%)$4,621--
2019-2050 (79%)$4,53250 (79%)$4,532--
2020-2142 (65%)$10,95542 (65%)$10,955--
2021-2238 (51%)$3,64525 (33%)$2,56913 (17%)$5,715
Average30 (64.00%)$5,50029 (62.00%)$5,38113 (17.00%)$5,715
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