How River Valley Cosmetology Institute'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 River Valley Cosmetology Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 30, which is 52.83 % of all undergraduate students. 23 students which is 42.80% of undergraduate students received federal student loans and the average loan amount is $8,515.

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	28 (53%)	$3,998	21 (40%)	$3,810	-	-
2014-15	37 (40%)	$4,404	37 (40%)	$4,404	6 (6%)	$8,833
2015-16	38 (75%)	$4,607	38 (75%)	$4,607	34 (67%)	$9,414
2016-17	31 (60%)	$4,272	31 (60%)	$4,272	27 (52%)	$9,612
2017-18	32 (54%)	$5,158	32 (54%)	$5,158	32 (54%)	$7,516
2018-19	15 (35%)	$4,931	15 (35%)	$4,931	15 (35%)	$7,200
Average	30 (52.83%)	$4,562	29 (50.67%)	$4,530	23 (42.80%)	$8,515

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

Overview

For the last 7 years, on average, 8 (59.50 % of students) received grants or scholarships and its average amount is $4,758. It can cover 34.98% of tuition & fees ($13,600).

In addition, 6 (54.60 % of students) students get helped from the students loans (average amount : $7,908).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	10 (43%)	$3,910	-	-
2014-15	13 (62%)	$4,961	4 (19%)	$8,500
2015-16	11 (73%)	$5,011	12 (80%)	$7,875
2016-17	2 (33%)	$5,815	3 (50%)	$8,167
2017-18	11 (79%)	$4,277	8 (57%)	$7,500
2018-19	2 (67%)	$4,572	2 (67%)	$7,500
Average	8 (59.50%)	$4,758	6 (54.60%)	$7,908

^*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 7 years, on average, 8 (58.17 % of students) received Pell (federal) grants and its average amount is $4,811.

In addition, 3 students received State/local government grants/scholarships (13.00 % 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	8 (35%)	$4,228	-	-	3 (13%)	$1,758	-	-
2014-15	13 (62%)	$4,961	-	-	-	-	-	-
2015-16	11 (73%)	$5,011	-	-	-	-	-	-
2016-17	2 (33%)	$5,815	-	-	-	-	-	-
2017-18	11 (79%)	$4,277	-	-	-	-	-	-
2018-19	2 (67%)	$4,572	-	-	-	-	-	-
Average	8 (58.17%)	$4,811	-	-	3 (13.00%)	$1,758	-	-

^*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 7 years, on average, 6 (54.60 % of students) get any students loan help and its average loan amount is $6.

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	-	-	-	-	-	-
2014-15	4 (19%)	$8,500	4 (19%)	$8,500	-	-
2015-16	12 (80%)	$7,875	12 (80%)	$7,875	-	-
2016-17	3 (50%)	$8,167	3 (50%)	$8,167	-	-
2017-18	8 (57%)	$7,500	8 (57%)	$7,500	-	-
2018-19	2 (67%)	$7,500	2 (67%)	$7,500	-	-
Average	6 (54.60%)	$7,908	6 (54.60%)	$7,908	-	-

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Scholarships, Grants, and Loan Trends at River Valley Cosmetology Institute

All Undergraduate Students Financial Aid Over Time

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