Scholarships, Grants, and Loan Trends at Totally Cosmo School of Modern Cosmetology

Over the past 6 years (2016-2021), the average number of students who received grants aid/scholarships is 22, which is 67.40 % of all undergraduate students. 16 students which is 48.20% of undergraduate students received federal student loans and the average loan amount is $8,111.

For full-time, first-time beginning students (freshmen), 80.75% of students received grants or scholarships and 93% of students received student loans.

School Home 2023 Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Totally Cosmo School of Modern Cosmetology since 2016.

For that period, the average number of students who received grants aid/scholarships is 22, which is 67.40 % of all undergraduate students. 16 students which is 48.20% of undergraduate students received federal student loans and the average loan amount is $8,111.

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
2016-17	21 (55%)	$4,359	21 (55%)	$4,359	2 (5%)	$8,392
2017-18	25 (53%)	$4,361	25 (53%)	$4,361	17 (36%)	$9,912
2018-19	31 (74%)	$4,289	31 (74%)	$4,289	30 (71%)	$8,020
2019-20	24 (92%)	$4,961	24 (92%)	$4,961	22 (85%)	$7,120
2020-21	10 (63%)	$3,149	10 (63%)	$3,149	7 (44%)	$7,109
Average	22 (67.40%)	$4,224	22 (67.40%)	$4,224	16 (48.20%)	$8,111

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

Overview

For the last 6 years, on average, 9 (80.75 % of students) received grants or scholarships and its average amount is $4,585. It can cover 30.36% of tuition & fees ($15,100).

In addition, 9 (92.67 % of students) students get helped from the students loans (average amount : $9,302).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2016-17	8 (53%)	$4,369	-	-
2017-18	14 (78%)	$4,949	14 (78%)	$9,214
2018-19	12 (92%)	$5,849	13 (100%)	$9,192
2019-20	-	-	-	-
2020-21	1 (100%)	$3,173	1 (100%)	$9,500
Average	9 (80.75%)	$4,585	9 (92.67%)	$9,302

^*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 6 years, on average, 9 (80.75 % of students) received Pell (federal) grants and its average amount is $4,585.

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
2016-17	8 (53%)	$4,369	-	-	-	-	-	-
2017-18	14 (78%)	$4,949	-	-	-	-	-	-
2018-19	12 (92%)	$5,849	-	-	-	-	-	-
2019-20	-	-	-	-	-	-	-	-
2020-21	1 (100%)	$3,173	-	-	-	-	-	-
Average	9 (80.75%)	$4,585	-	-	-	-	-	-

^*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 6 years, on average, 9 (92.67 % of students) get any students loan help and its average loan amount is $9.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2016-17	-	-	-	-	-	-
2017-18	14 (78%)	$9,214	14 (78%)	$9,214	-	-
2018-19	13 (100%)	$9,192	13 (100%)	$9,192	-	-
2019-20	-	-	-	-	-	-
2020-21	1 (100%)	$9,500	1 (100%)	$9,500	-	-
Average	9 (92.67%)	$9,302	9 (92.67%)	$9,302	-	-

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