Scholarships, Grants, and Loan Trends at Taylor Andrews Academy of Hair Design-Hair Lab Detroit Barber School

Over the past 4 years (2019-2022), the average number of students who received grants aid/scholarships is 37, which is 84.00 % of all undergraduate students. 25 students which is 49.00% of undergraduate students received federal student loans and the average loan amount is $9,771.
For full-time, first-time beginning students (freshmen), 76.00% of students received grants or scholarships and 79% 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 Taylor Andrews Academy of Hair Design-Hair Lab Detroit Barber School since 2019.
For that period, the average number of students who received grants aid/scholarships is 37, which is 84.00 % of all undergraduate students. 25 students which is 49.00% of undergraduate students received federal student loans and the average loan amount is $9,771.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2019-2019 (100%)$6,2725 (26%)$5,7306 (32%)$10,239
2020-2137 (73%)$4,07626 (51%)$4,90930 (59%)$9,191
2021-2254 (79%)$11,23540 (59%)$5,21438 (56%)$9,883
Average37 (84.00%)$7,19424 (45.33%)$5,28425 (49.00%)$9,771

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

For the last 4 years, on average, 7 (76.00 % of students) received grants or scholarships and its average amount is $6,396. It can cover 33.84% of tuition & fees ($18,900).
In addition, 7 (78.67 % of students) students get helped from the students loans (average amount : $9,980).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2019-206 (100%)$6,9166 (100%)$10,030
2020-214 (57%)$5,4594 (57%)$11,092
2021-2210 (71%)$6,81311 (79%)$8,818
Average7 (76.00%)$6,3967 (78.67%)$9,980
*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 4 years, on average, 5 (43.67 % of students) received Pell (federal) grants and its average amount is $5,503.
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
2019-201 (17%)$6,1956 (100%)$551--4 (67%)$8,000
2020-213 (43%)$4,2452 (29%)$551--1 (14%)$8,000
2021-2210 (71%)$6,0702 (14%)$457--1 (7%)$6,518
Average5 (43.67%)$5,5033 (47.67%)$520--2 (29.33%)$7,506
*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 4 years, on average, 7 (78.67 % of students) get any students loan help and its average loan amount is $7.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2019-206 (100%)$10,0302 (33%)$9,5004 (67%)$10,295
2020-214 (57%)$11,0923 (43%)$8,6671 (14%)$18,369
2021-2211 (79%)$8,81811 (79%)$8,818--
Average7 (78.67%)$9,9805 (51.67%)$8,9953 (40.50%)$14,332
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