How The Institute of Beauty and Wellness'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 The Institute of Beauty and Wellness since 2013.

For that period, the average number of students who received grants aid/scholarships is 222, which is 55.11 % of all undergraduate students. 276 students which is 70.11% of undergraduate students received federal student loans and the average loan amount is $8,717.

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	167 (48%)	$4,056	167 (48%)	$4,056	253 (73%)	$10,783
2014-15	189 (52%)	$4,917	189 (52%)	$4,917	262 (72%)	$9,267
2015-16	172 (47%)	$4,843	172 (47%)	$4,843	257 (70%)	$8,713
2016-17	182 (51%)	$4,935	182 (51%)	$4,935	260 (73%)	$8,356
2017-18	190 (49%)	$5,108	190 (49%)	$5,108	275 (71%)	$8,530
2018-19	195 (51%)	$5,257	195 (51%)	$5,257	273 (72%)	$8,093
2019-20	300 (69%)	$3,965	220 (50%)	$4,891	283 (65%)	$7,997
2020-21	415 (82%)	$3,894	237 (47%)	$4,979	332 (65%)	$8,454
2021-22	192 (47%)	$4,988	192 (47%)	$4,988	288 (70%)	$8,256
Average	222 (55.11%)	$4,663	194 (49.11%)	$4,886	276 (70.11%)	$8,717

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

Overview

For the last 10 years, on average, 60 (58.56 % of students) received grants or scholarships and its average amount is $4,831. It can cover 22.99% of tuition & fees ($21,015).

In addition, 80 (74.78 % of students) students get helped from the students loans (average amount : $8,733).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	60 (47%)	$3,989	101 (79%)	$11,035
2014-15	75 (56%)	$4,640	102 (76%)	$9,112
2015-16	53 (50%)	$4,447	80 (75%)	$7,674
2016-17	56 (50%)	$4,974	74 (67%)	$8,655
2017-18	75 (56%)	$5,421	99 (73%)	$9,190
2018-19	65 (51%)	$5,282	98 (77%)	$7,947
2019-20	49 (74%)	$4,706	48 (73%)	$7,957
2020-21	71 (90%)	$4,870	62 (78%)	$8,552
2021-22	39 (53%)	$5,153	55 (75%)	$8,472
Average	60 (58.56%)	$4,831	80 (74.78%)	$8,733

^*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, 57 (54.00 % of students) received Pell (federal) grants and its average amount is $4,984.

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	60 (47%)	$3,989	-	-	-	-	-	-
2014-15	75 (56%)	$4,640	-	-	-	-	-	-
2015-16	53 (50%)	$4,447	-	-	-	-	-	-
2016-17	56 (50%)	$4,974	-	-	-	-	-	-
2017-18	75 (56%)	$5,421	-	-	-	-	-	-
2018-19	65 (51%)	$5,282	-	-	-	-	-	-
2019-20	41 (62%)	$5,245	24 (36%)	$649	-	-	-	-
2020-21	48 (61%)	$5,703	62 (78%)	$1,162	-	-	-	-
2021-22	39 (53%)	$5,153	-	-	-	-	-	-
Average	57 (54.00%)	$4,984	43 (57.00%)	$906	-	-	-	-

^*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, 80 (74.78 % of students) get any students loan help and its average loan amount is $80.

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	101 (79%)	$11,035	101 (79%)	$10,860	2 (2%)	$8,853
2014-15	102 (76%)	$9,112	102 (76%)	$8,928	2 (1%)	$9,388
2015-16	80 (75%)	$7,674	80 (75%)	$7,299	4 (4%)	$7,503
2016-17	74 (67%)	$8,655	74 (67%)	$8,182	3 (3%)	$11,667
2017-18	99 (73%)	$9,190	99 (73%)	$8,889	4 (3%)	$7,466
2018-19	98 (77%)	$7,947	98 (77%)	$7,674	4 (3%)	$6,708
2019-20	48 (73%)	$7,957	48 (73%)	$7,634	1 (2%)	$15,500
2020-21	62 (78%)	$8,552	61 (77%)	$7,913	3 (4%)	$15,861
2021-22	55 (75%)	$8,472	53 (73%)	$8,115	2 (3%)	$17,942
Average	80 (74.78%)	$8,733	80 (74.44%)	$8,388	3 (2.78%)	$11,210

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Scholarships, Grants, and Loan Trends at The Institute of Beauty and Wellness

All Undergraduate Students Financial Aid Over Time

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