Scholarships, Grants, and Loan Trends at Tigi Hairdressing Academy-Colorado Springs

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 139, which is 55.00 % of all undergraduate students. 124 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $7,206.
For full-time, first-time beginning students (freshmen), 59.00% of students received grants or scholarships and 54% 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 Tigi Hairdressing Academy-Colorado Springs since 2013.
For that period, the average number of students who received grants aid/scholarships is 139, which is 55.00 % of all undergraduate students. 124 students which is 48.00% of undergraduate students received federal student loans and the average loan amount is $7,206.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1487 (53%)$4,22887 (53%)$4,228103 (63%)$12,832
2014-15132 (54%)$4,261132 (54%)$4,261124 (51%)$10,657
2015-1654 (20%)$5,06252 (19%)$5,25752 (19%)$6,340
2016-17125 (78%)$2,60085 (53%)$2,70984 (52%)$4,282
2017-18154 (50%)$3,000154 (50%)$3,000154 (50%)$10,000
2018-19120 (52%)$4,167118 (51%)$2,96650 (22%)$7,240
2019-20201 (58%)$4,279201 (58%)$1,816201 (58%)$2,463
2020-21180 (68%)$3,261132 (50%)$4,447143 (54%)$6,694
2021-22198 (62%)$3,229198 (62%)$3,229203 (63%)$4,345
Average139 (55.00%)$3,787129 (50.00%)$3,546124 (48.00%)$7,206

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

For the last 10 years, on average, 75 (59.00 % of students) received grants or scholarships and its average amount is $3,870. It can cover 21.20% of tuition & fees ($18,260).
In addition, 62 (54.33 % of students) students get helped from the students loans (average amount : $6,289).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1420 (49%)$3,95328 (68%)$11,979
2014-1556 (64%)$4,30060 (68%)$11,507
2015-1645 (63%)$4,30551 (71%)$4,200
2016-1751 (85%)$3,94151 (85%)$4,103
2017-18100 (50%)$3,860100 (50%)$4,569
2018-1995 (53%)$3,15820 (11%)$4,000
2019-20120 (60%)$3,00881 (40%)$4,000
2020-2178 (48%)$4,63176 (46%)$6,911
2021-22110 (59%)$3,67893 (50%)$5,334
Average75 (59.00%)$3,87062 (54.33%)$6,289
*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, 75 (59.00 % of students) received Pell (federal) grants and its average amount is $3,870.
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
2013-1420 (49%)$3,953------
2014-1556 (64%)$4,300------
2015-1645 (63%)$4,305------
2016-1751 (85%)$3,941------
2017-18100 (50%)$3,860------
2018-1995 (53%)$3,158------
2019-20120 (60%)$3,008------
2020-2178 (48%)$4,631------
2021-22110 (59%)$3,678------
Average75 (59.00%)$3,870------
*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, 62 (54.33 % of students) get any students loan help and its average loan amount is $62.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1428 (68%)$11,97928 (68%)$11,979--
2014-1560 (68%)$11,50760 (68%)$11,507--
2015-1651 (71%)$4,20051 (71%)$4,200--
2016-1751 (85%)$4,10351 (85%)$4,103--
2017-18100 (50%)$4,569100 (50%)$4,569--
2018-1920 (11%)$4,00020 (11%)$4,000--
2019-2081 (40%)$4,00081 (40%)$4,000--
2020-2176 (46%)$6,91176 (46%)$6,911--
2021-2293 (50%)$5,33493 (50%)$5,334--
Average62 (54.33%)$6,28962 (54.33%)$6,289--
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