Scholarships, Grants, and Loan Trends at Tri-State Cosmetology Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 177, which is 73.78 % of all undergraduate students. 143 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $5,232.
For full-time, first-time beginning students (freshmen), 85.78% of students received grants or scholarships and 84% 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 Tri-State Cosmetology Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 177, which is 73.78 % of all undergraduate students. 143 students which is 59.44% of undergraduate students received federal student loans and the average loan amount is $5,232.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14158 (73%)$4,022135 (63%)$3,663121 (56%)$5,508
2014-15219 (88%)$4,992201 (81%)$4,344162 (65%)$5,600
2015-16181 (77%)$4,598175 (74%)$4,038148 (63%)$5,511
2016-17187 (75%)$4,295183 (73%)$3,869172 (69%)$5,250
2017-18194 (77%)$5,590188 (75%)$5,025155 (62%)$5,135
2018-19187 (73%)$4,741185 (73%)$4,579154 (60%)$4,866
2019-20162 (68%)$4,415162 (68%)$4,244123 (51%)$4,911
2020-21151 (63%)$4,705151 (63%)$4,548126 (53%)$5,051
2021-22155 (70%)$4,365154 (69%)$4,244124 (56%)$5,260
Average177 (73.78%)$4,636170 (71.00%)$4,284143 (59.44%)$5,232

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

For the last 10 years, on average, 40 (85.78 % of students) received grants or scholarships and its average amount is $5,161. It can cover 34.41% of tuition & fees ($15,000).
In addition, 39 (83.67 % of students) students get helped from the students loans (average amount : $5,579).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1440 (98%)$4,90533 (80%)$6,460
2014-1552 (96%)$5,09849 (91%)$5,899
2015-1632 (82%)$5,15735 (90%)$6,302
2016-1741 (82%)$4,51347 (94%)$5,441
2017-1851 (84%)$6,04053 (87%)$4,884
2018-1933 (87%)$5,14530 (79%)$4,708
2019-2042 (78%)$5,05045 (83%)$5,443
2020-2134 (85%)$5,14333 (83%)$5,199
2021-2235 (80%)$5,40229 (66%)$5,877
Average40 (85.78%)$5,16139 (83.67%)$5,579
*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, 39 (82.33 % of students) received Pell (federal) grants and its average amount is $4,928.
In addition, 4 students received State/local government grants/scholarships (9.50 % 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
2013-1431 (76%)$4,27220 (49%)$2577 (17%)$8,00628 (68%)$93
2014-1550 (93%)$5,05521 (39%)$2811 (2%)$4,21024 (44%)$94
2015-1632 (82%)$4,95220 (51%)$246--20 (51%)$82
2016-1741 (82%)$4,31524 (48%)$255--24 (48%)$85
2017-1851 (84%)$5,79438 (62%)$241--41 (67%)$82
2018-1932 (84%)$4,88323 (61%)$528--22 (58%)$63
2019-2042 (78%)$4,82233 (61%)$218--33 (61%)$73
2020-2134 (85%)$4,92328 (70%)$198--30 (75%)$65
2021-2234 (77%)$5,33624 (55%)$232--27 (61%)$76
Average39 (82.33%)$4,92826 (55.11%)$2734 (9.50%)$6,10828 (59.22%)$79
*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, 39 (83.67 % of students) get any students loan help and its average loan amount is $39.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1433 (80%)$6,46033 (80%)$6,460--
2014-1549 (91%)$5,89949 (91%)$5,899--
2015-1635 (90%)$6,30235 (90%)$6,302--
2016-1747 (94%)$5,44147 (94%)$5,441--
2017-1853 (87%)$4,88453 (87%)$4,884--
2018-1930 (79%)$4,70830 (79%)$4,708--
2019-2045 (83%)$5,44345 (83%)$5,443--
2020-2133 (83%)$5,19933 (83%)$5,199--
2021-2229 (66%)$5,87729 (66%)$5,877--
Average39 (83.67%)$5,57939 (83.67%)$5,579--
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