Scholarships, Grants, and Loan Trends at The Hair Academy LLC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 48, which is 63.56 % of all undergraduate students. 39 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $5,282.
For full-time, first-time beginning students (freshmen), 83.78% of students received grants or scholarships and 65% 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 The Hair Academy LLC since 2013.
For that period, the average number of students who received grants aid/scholarships is 48, which is 63.56 % of all undergraduate students. 39 students which is 51.67% of undergraduate students received federal student loans and the average loan amount is $5,282.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1464 (65%)$3,07062 (63%)$3,15232 (33%)$7,537
2014-1546 (53%)$3,30844 (51%)$3,44157 (66%)$5,716
2015-1652 (60%)$3,50452 (60%)$3,50456 (65%)$5,222
2016-1740 (56%)$4,40037 (52%)$3,62445 (63%)$5,062
2017-1816 (35%)$5,27810 (22%)$4,9939 (20%)$4,943
2018-1941 (69%)$3,95333 (56%)$3,97432 (54%)$4,581
2019-2061 (84%)$3,66842 (58%)$3,70336 (49%)$4,398
2020-2152 (80%)$3,43737 (57%)$3,61142 (65%)$5,005
2021-2257 (70%)$3,65538 (46%)$4,40541 (50%)$5,078
Average48 (63.56%)$3,80839 (51.67%)$3,82339 (51.67%)$5,282

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

For the last 10 years, on average, 19 (83.78 % of students) received grants or scholarships and its average amount is $4,078. It can cover 23.64% of tuition & fees ($17,250).
In addition, 14 (65.22 % of students) students get helped from the students loans (average amount : $5,169).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1427 (84%)$3,37023 (72%)$3,788
2014-1512 (63%)$3,66712 (63%)$5,303
2015-1619 (79%)$3,51620 (83%)$5,769
2016-177 (64%)$5,2878 (73%)$7,335
2017-1816 (100%)$5,2789 (56%)$4,943
2018-1919 (79%)$4,86913 (54%)$4,732
2019-2030 (91%)$3,92916 (48%)$4,842
2020-2124 (100%)$3,42819 (79%)$4,922
2021-2216 (94%)$3,35410 (59%)$4,890
Average19 (83.78%)$4,07814 (65.22%)$5,169
*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, 15 (66.11 % of students) received Pell (federal) grants and its average amount is $4,178.
In addition, 2 students received State/local government grants/scholarships (11.00 % 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
2013-1427 (84%)$3,345----2 (6%)$331
2014-1512 (63%)$3,667------
2015-1619 (79%)$3,516------
2016-176 (55%)$4,194--1 (9%)$4,0434 (36%)$1,950
2017-1810 (63%)$4,993--2 (13%)$7,74512 (75%)$1,586
2018-1916 (67%)$4,786----17 (71%)$937
2019-2021 (64%)$3,984----30 (91%)$1,140
2020-2116 (67%)$3,930----22 (92%)$882
2021-229 (53%)$5,184----14 (82%)$500
Average15 (66.11%)$4,178--2 (11.00%)$5,89414 (64.71%)$1,047
*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, 14 (65.22 % of students) get any students loan help and its average loan amount is $14.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (72%)$3,78823 (72%)$3,788--
2014-1512 (63%)$5,30312 (63%)$5,303--
2015-1620 (83%)$5,76920 (83%)$5,769--
2016-178 (73%)$7,3358 (73%)$7,335--
2017-189 (56%)$4,9439 (56%)$4,943--
2018-1913 (54%)$4,73213 (54%)$4,732--
2019-2016 (48%)$4,84216 (48%)$4,842--
2020-2119 (79%)$4,92219 (79%)$4,922--
2021-2210 (59%)$4,89010 (59%)$4,890--
Average14 (65.22%)$5,16914 (65.22%)$5,169--
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