How Studio Academy of Beauty'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 Studio Academy of Beauty since 2013.

For that period, the average number of students who received grants aid/scholarships is 657, which is 78.56 % of all undergraduate students. 695 students which is 82.33% of undergraduate students received federal student loans and the average loan amount is $6,378.

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	337 (72%)	$6,288	274 (59%)	$3,913	291 (62%)	$10,513
2014-15	568 (97%)	$6,041	381 (65%)	$3,097	562 (96%)	$3,970
2015-16	495 (80%)	$5,127	494 (80%)	$4,896	561 (91%)	$8,330
2016-17	555 (81%)	$3,909	546 (80%)	$3,958	609 (89%)	$6,354
2017-18	520 (72%)	$3,570	507 (70%)	$3,609	549 (76%)	$4,927
2018-19	835 (84%)	$4,554	821 (82%)	$4,525	897 (90%)	$6,380
2019-20	891 (77%)	$4,439	875 (76%)	$4,411	959 (83%)	$6,385
2020-21	906 (82%)	$5,111	883 (79%)	$4,711	987 (89%)	$5,937
2021-22	802 (62%)	$4,032	779 (60%)	$3,711	843 (65%)	$4,605
Average	657 (78.56%)	$4,786	618 (72.33%)	$4,092	695 (82.33%)	$6,378

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

Overview

For the last 10 years, on average, 351 (70.56 % of students) received grants or scholarships and its average amount is $4,337. It can cover 23.45% of tuition & fees ($18,495).

In addition, 423 (83.44 % of students) students get helped from the students loans (average amount : $7,080).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	191 (54%)	$5,292	179 (50%)	$10,918
2014-15	133 (65%)	$3,138	194 (95%)	$4,068
2015-16	228 (78%)	$5,196	257 (87%)	$11,218
2016-17	282 (80%)	$4,077	310 (88%)	$6,629
2017-18	315 (71%)	$3,709	328 (74%)	$5,138
2018-19	530 (86%)	$4,623	557 (90%)	$6,706
2019-20	574 (80%)	$4,568	620 (87%)	$6,573
2020-21	599 (83%)	$4,969	709 (98%)	$7,206
2021-22	303 (38%)	$3,459	652 (82%)	$5,266
Average	351 (70.56%)	$4,337	423 (83.44%)	$7,080

^*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 10 years, on average, 342 (68.78 % of students) received Pell (federal) grants and its average amount is $4,355.

In addition, 5 students received State/local government grants/scholarships (1.00 % 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	179 (50%)	$5,590	-	-	-	-	12 (3%)	$846
2014-15	131 (64%)	$3,110	-	-	-	-	10 (5%)	$1,000
2015-16	228 (78%)	$5,074	-	-	-	-	27 (9%)	$1,033
2016-17	275 (78%)	$4,155	-	-	-	-	7 (2%)	$1,000
2017-18	307 (69%)	$3,750	-	-	-	-	17 (4%)	$1,002
2018-19	522 (84%)	$4,678	-	-	-	-	8 (1%)	$1,000
2019-20	564 (79%)	$4,529	-	-	3 (0%)	$4,032	56 (8%)	$1,000
2020-21	583 (80%)	$4,978	-	-	6 (1%)	$5,610	41 (6%)	$1,000
2021-22	293 (37%)	$3,327	8 (1%)	$6,127	-	-	11 (1%)	$2,216
Average	342 (68.78%)	$4,355	8 (1.00%)	$6,127	5 (1.00%)	$4,821	21 (4.33%)	$1,122

^*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 10 years, on average, 423 (83.44 % of students) get any students loan help and its average loan amount is $423.

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	179 (50%)	$10,918	179 (50%)	$10,664	33 (9%)	$1,379
2014-15	194 (95%)	$4,068	194 (95%)	$4,048	1 (0%)	$3,759
2015-16	257 (87%)	$11,218	257 (87%)	$8,517	101 (34%)	$6,871
2016-17	310 (88%)	$6,629	310 (88%)	$6,629	-	-
2017-18	328 (74%)	$5,138	328 (74%)	$5,138	-	-
2018-19	557 (90%)	$6,706	557 (90%)	$6,706	-	-
2019-20	620 (87%)	$6,573	620 (87%)	$6,573	-	-
2020-21	709 (98%)	$7,206	666 (92%)	$5,965	321 (44%)	$3,540
2021-22	652 (82%)	$5,266	545 (68%)	$4,588	291 (36%)	$3,205
Average	423 (83.44%)	$7,080	406 (81.22%)	$6,536	149 (30.75%)	$3,751

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Scholarships, Grants, and Loan Trends at Studio Academy of Beauty

All Undergraduate Students Financial Aid Over Time

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