Scholarships, Grants, and Loan Trends at Sherrill's University of Barber & Cosmetology

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 90, which is 52.40 % of all undergraduate students. 86 students which is 49.60% of undergraduate students received federal student loans and the average loan amount is $7,145.

For full-time, first-time beginning students (freshmen), 67.40% of students received grants or scholarships and 67% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Sherrill's University of Barber & Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 90, which is 52.40 % of all undergraduate students. 86 students which is 49.60% of undergraduate students received federal student loans and the average loan amount is $7,145.

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	25 (19%)	$2,621	25 (19%)	$2,621	14 (10%)	$3,895
2014-15	92 (49%)	$4,475	92 (49%)	$4,475	89 (48%)	$7,523
2015-16	123 (69%)	$4,504	123 (69%)	$4,504	120 (67%)	$7,708
2016-17	111 (60%)	$4,710	111 (60%)	$4,710	104 (56%)	$8,117
2017-18	98 (65%)	$4,916	98 (65%)	$4,916	101 (67%)	$8,483
Average	90 (52.40%)	$4,245	90 (52.40%)	$4,245	86 (49.60%)	$7,145

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

Overview

For the last 6 years, on average, 46 (67.40 % of students) received grants or scholarships and its average amount is $4,686. It can cover 29.47% of tuition & fees ($15,900).

In addition, 45 (66.80 % of students) students get helped from the students loans (average amount : $7,579).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	25 (27%)	$2,609	14 (15%)	$3,895
2014-15	38 (81%)	$5,023	38 (81%)	$7,817
2015-16	50 (69%)	$5,746	50 (69%)	$8,774
2016-17	61 (84%)	$4,831	61 (84%)	$8,433
2017-18	55 (76%)	$5,223	61 (85%)	$8,974
Average	46 (67.40%)	$4,686	45 (66.80%)	$7,579

^*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 6 years, on average, 46 (67.40 % of students) received Pell (federal) grants and its average amount is $4,643.

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	25 (27%)	$2,609	-	-	-	-	-	-
2014-15	38 (81%)	$4,806	-	-	-	-	3 (6%)	$2,744
2015-16	50 (69%)	$5,746	-	-	-	-	-	-
2016-17	61 (84%)	$4,831	-	-	-	-	-	-
2017-18	55 (76%)	$5,223	-	-	-	-	-	-
Average	46 (67.40%)	$4,643	-	-	-	-	3 (6.00%)	$2,744

^*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 6 years, on average, 45 (66.80 % of students) get any students loan help and its average loan amount is $45.

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	14 (15%)	$3,895	14 (15%)	$3,895	-	-
2014-15	38 (81%)	$7,817	38 (81%)	$7,817	-	-
2015-16	50 (69%)	$8,774	50 (69%)	$8,774	-	-
2016-17	61 (84%)	$8,433	61 (84%)	$8,433	-	-
2017-18	61 (85%)	$8,974	61 (85%)	$8,974	-	-
Average	45 (66.80%)	$7,579	45 (66.80%)	$7,579	-	-

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