Scholarships, Grants, and Loan Trends at Strand Institute of Beauty & Esthetics

Over the past 6 years (2017-2022), the average number of students who received grants aid/scholarships is 40, which is 45.40 % of all undergraduate students. 40 students which is 44.40% of undergraduate students received federal student loans and the average loan amount is $5,876.

For full-time, first-time beginning students (freshmen), 63.60% of students received grants or scholarships and 62% 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 Strand Institute of Beauty & Esthetics since 2017.

For that period, the average number of students who received grants aid/scholarships is 40, which is 45.40 % of all undergraduate students. 40 students which is 44.40% of undergraduate students received federal student loans and the average loan amount is $5,876.

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
2017-18	12 (24%)	$3,652	12 (24%)	$3,652	11 (22%)	$6,326
2018-19	29 (45%)	$5,582	29 (45%)	$5,374	32 (50%)	$6,433
2019-20	52 (63%)	$4,835	52 (63%)	$4,835	41 (49%)	$5,974
2020-21	60 (57%)	$4,324	60 (57%)	$4,324	63 (59%)	$5,336
2021-22	49 (38%)	$4,197	49 (38%)	$4,197	54 (42%)	$5,312
Average	40 (45.40%)	$4,518	40 (45.40%)	$4,476	40 (44.40%)	$5,876

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

Overview

For the last 6 years, on average, 13 (63.60 % of students) received grants or scholarships and its average amount is $4,393. It can cover 31.32% of tuition & fees ($14,025).

In addition, 12 (62.00 % of students) students get helped from the students loans (average amount : $5,594).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	4 (80%)	$4,215	4 (80%)	$9,348
2018-19	8 (53%)	$5,701	10 (67%)	$3,934
2019-20	14 (67%)	$4,611	14 (67%)	$4,873
2020-21	32 (91%)	$3,156	24 (69%)	$4,967
2021-22	7 (27%)	$4,283	7 (27%)	$4,850
Average	13 (63.60%)	$4,393	12 (62.00%)	$5,594

^*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, 13 (63.60 % of students) received Pell (federal) grants and its average amount is $4,393.

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
2017-18	4 (80%)	$4,215	-	-	-	-	-	-
2018-19	8 (53%)	$5,701	-	-	-	-	-	-
2019-20	14 (67%)	$4,611	-	-	-	-	-	-
2020-21	32 (91%)	$3,156	-	-	-	-	-	-
2021-22	7 (27%)	$4,283	-	-	-	-	-	-
Average	13 (63.60%)	$4,393	-	-	-	-	-	-

^*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, 12 (62.00 % of students) get any students loan help and its average loan amount is $12.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	4 (80%)	$9,348	4 (80%)	$9,348	-	-
2018-19	10 (67%)	$3,934	10 (67%)	$3,934	-	-
2019-20	14 (67%)	$4,873	14 (67%)	$4,873	-	-
2020-21	24 (69%)	$4,967	24 (69%)	$4,967	-	-
2021-22	7 (27%)	$4,850	7 (27%)	$4,850	-	-
Average	12 (62.00%)	$5,594	12 (62.00%)	$5,594	-	-

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