Scholarships, Grants, and Loan Trends at Nathan Layne Institute of Cosmetology

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 31, which is 57.89 % of all undergraduate students. 32 students which is 60.56% of undergraduate students received federal student loans and the average loan amount is $7,454.
For full-time, first-time beginning students (freshmen), 70.44% of students received grants or scholarships and 75% 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 Nathan Layne Institute of Cosmetology since 2013.
For that period, the average number of students who received grants aid/scholarships is 31, which is 57.89 % of all undergraduate students. 32 students which is 60.56% of undergraduate students received federal student loans and the average loan amount is $7,454.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1428 (57%)$5,10028 (57%)$5,10030 (61%)$6,683
2014-1539 (78%)$5,42039 (78%)$5,42037 (74%)$7,270
2015-1630 (71%)$5,26130 (71%)$5,26129 (69%)$7,712
2016-1725 (54%)$5,51925 (54%)$5,51927 (59%)$8,482
2017-1835 (67%)$4,99935 (67%)$4,99932 (62%)$6,925
2018-1933 (58%)$5,41233 (58%)$5,41231 (54%)$8,656
2019-2030 (51%)$5,34530 (51%)$5,34535 (59%)$6,733
2020-2116 (33%)$4,68516 (33%)$4,68527 (55%)$6,696
2021-2243 (52%)$4,80343 (52%)$4,80343 (52%)$7,931
Average31 (57.89%)$5,17231 (57.89%)$5,17232 (60.56%)$7,454

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

For the last 10 years, on average, 17 (70.44 % of students) received grants or scholarships and its average amount is $5,090. It can cover 26.02% of tuition & fees ($19,559).
In addition, 18 (74.56 % of students) students get helped from the students loans (average amount : $7,783).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1414 (78%)$4,82914 (78%)$8,393
2014-1528 (85%)$5,36528 (85%)$7,743
2015-1614 (70%)$5,15315 (75%)$8,492
2016-1717 (68%)$4,87718 (72%)$8,050
2017-1821 (81%)$4,38719 (73%)$6,639
2018-1921 (70%)$4,62420 (67%)$8,488
2019-2020 (61%)$5,51925 (76%)$6,338
2020-218 (67%)$5,79610 (83%)$7,300
2021-2214 (54%)$5,25816 (62%)$8,608
Average17 (70.44%)$5,09018 (74.56%)$7,783
*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, 17 (70.44 % of students) received Pell (federal) grants and its average amount is $5,090.
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
2013-1414 (78%)$4,829------
2014-1528 (85%)$5,365------
2015-1614 (70%)$5,153------
2016-1717 (68%)$4,877------
2017-1821 (81%)$4,387------
2018-1921 (70%)$4,624------
2019-2020 (61%)$5,519------
2020-218 (67%)$5,796------
2021-2214 (54%)$5,258------
Average17 (70.44%)$5,090------
*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, 18 (74.56 % of students) get any students loan help and its average loan amount is $18.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1414 (78%)$8,39314 (78%)$8,393--
2014-1528 (85%)$7,74328 (85%)$7,743--
2015-1615 (75%)$8,49215 (75%)$8,492--
2016-1718 (72%)$8,05018 (72%)$8,050--
2017-1819 (73%)$6,63919 (73%)$6,639--
2018-1920 (67%)$8,48820 (67%)$8,488--
2019-2025 (76%)$6,33825 (76%)$6,338--
2020-2110 (83%)$7,30010 (83%)$7,300--
2021-2216 (62%)$8,60816 (62%)$8,608--
Average18 (74.56%)$7,78318 (74.56%)$7,783--
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