Scholarships, Grants, and Loan Trends at Sharp Edgez Barber Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 124, which is 85.44 % of all undergraduate students. 112 students which is 76.33% of undergraduate students received federal student loans and the average loan amount is $4,451.
For full-time, first-time beginning students (freshmen), 95.56% of students received grants or scholarships and 89% 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 Sharp Edgez Barber Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 124, which is 85.44 % of all undergraduate students. 112 students which is 76.33% of undergraduate students received federal student loans and the average loan amount is $4,451.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14113 (97%)$4,89494 (81%)$3,01777 (66%)$4,771
2014-15121 (98%)$2,282120 (97%)$1,908114 (92%)$2,802
2015-1675 (57%)$3,41474 (56%)$3,24273 (55%)$4,502
2016-17158 (100%)$2,080154 (97%)$1,878153 (97%)$3,107
2017-18146 (91%)$3,958139 (86%)$3,555156 (97%)$4,219
2018-19188 (88%)$9,600188 (88%)$4,100188 (88%)$5,500
2019-20101 (90%)$3,65787 (78%)$3,62386 (77%)$4,465
2020-2164 (57%)$4,20060 (54%)$3,76048 (43%)$5,146
2021-22149 (91%)$3,722110 (67%)$4,116117 (72%)$5,547
Average124 (85.44%)$4,201114 (78.22%)$3,244112 (76.33%)$4,451

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

For the last 10 years, on average, 47 (95.56 % of students) received grants or scholarships and its average amount is $4,007. It can cover 40.47% of tuition & fees ($9,900).
In addition, 44 (89.44 % of students) students get helped from the students loans (average amount : $5,402).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1448 (96%)$4,85328 (56%)$5,183
2014-1554 (98%)$4,24145 (82%)$5,089
2015-1618 (86%)$3,36519 (90%)$5,699
2016-1732 (100%)$3,23031 (97%)$6,261
2017-1857 (98%)$4,02257 (98%)$6,310
2018-1998 (100%)$4,10098 (100%)$5,500
2019-2059 (98%)$4,40759 (98%)$4,570
2020-2117 (89%)$4,05017 (89%)$5,149
2021-2238 (95%)$3,79138 (95%)$4,853
Average47 (95.56%)$4,00744 (89.44%)$5,402
*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, 46 (93.44 % of students) received Pell (federal) grants and its average amount is $3,609.
In addition, 7 students received State/local government grants/scholarships (12.50 % of students).
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
2013-1440 (80%)$3,480--15 (30%)$6,247--
2014-1554 (98%)$3,369--9 (16%)$5,234--
2015-1618 (86%)$3,132--1 (5%)$4,206--
2016-1731 (97%)$3,189--1 (3%)$4,509--
2017-1857 (98%)$3,878--2 (3%)$4,106--
2018-1998 (100%)$4,100------
2019-2059 (98%)$3,489--11 (18%)$4,925--
2020-2117 (89%)$4,050------
2021-2238 (95%)$3,791------
Average46 (93.44%)$3,609--7 (12.50%)$4,871--
*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, 44 (89.44 % of students) get any students loan help and its average loan amount is $44.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1428 (56%)$5,18328 (56%)$5,183--
2014-1545 (82%)$5,08945 (82%)$5,089--
2015-1619 (90%)$5,69919 (90%)$5,699--
2016-1731 (97%)$6,26131 (97%)$6,261--
2017-1857 (98%)$6,31057 (98%)$6,310--
2018-1998 (100%)$5,50098 (100%)$5,500--
2019-2059 (98%)$4,57059 (98%)$4,570--
2020-2117 (89%)$5,14917 (89%)$5,149--
2021-2238 (95%)$4,85338 (95%)$4,853--
Average44 (89.44%)$5,40244 (89.44%)$5,402--
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