How INE'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 Tricoci University of Beauty Culture-Indianapolis since 2013.

For that period, the average number of students who received grants aid/scholarships is 233, which is 64.56 % of all undergraduate students. 221 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $7,266.

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	110 (60%)	$3,771	91 (50%)	$3,139	117 (64%)	$8,108
2014-15	120 (63%)	$4,257	90 (47%)	$3,449	124 (65%)	$6,532
2015-16	158 (71%)	$4,764	141 (64%)	$3,567	157 (71%)	$6,912
2016-17	187 (65%)	$5,099	172 (60%)	$3,681	184 (64%)	$7,923
2017-18	225 (70%)	$5,078	211 (66%)	$3,713	224 (70%)	$7,226
2018-19	131 (32%)	$5,375	121 (30%)	$4,560	139 (34%)	$7,272
2019-20	345 (73%)	$4,723	331 (70%)	$4,181	307 (65%)	$7,240
2020-21	402 (74%)	$4,916	378 (70%)	$4,307	354 (65%)	$7,550
2021-22	422 (73%)	$4,951	401 (69%)	$4,130	384 (66%)	$6,635
Average	233 (64.56%)	$4,770	215 (58.44%)	$3,859	221 (62.67%)	$7,266

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

Overview

For the last 10 years, on average, 12 (77.33 % of students) received grants or scholarships and its average amount is $5,636. It can cover 42.75% of tuition & fees ($13,184).

In addition, 14 (84.56 % of students) students get helped from the students loans (average amount : $8,634).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	23 (66%)	$4,251	30 (86%)	$9,856
2014-15	14 (36%)	$4,248	13 (33%)	$8,657
2015-16	6 (86%)	$6,210	7 (100%)	$8,829
2016-17	19 (90%)	$6,211	18 (86%)	$10,188
2017-18	13 (57%)	$4,981	19 (83%)	$7,143
2018-19	19 (76%)	$6,795	22 (88%)	$7,774
2019-20	1 (100%)	$4,765	1 (100%)	$7,307
2020-21	3 (100%)	$7,009	3 (100%)	$9,743
2021-22	11 (85%)	$6,253	11 (85%)	$8,213
Average	12 (77.33%)	$5,636	14 (84.56%)	$8,634

^*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, 11 (74.44 % of students) received Pell (federal) grants and its average amount is $4,380.

In addition, 1 students received State/local government grants/scholarships (5.00 % of students).

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	21 (60%)	$3,378	-	-	-	-	14 (40%)	$1,916
2014-15	11 (28%)	$3,398	-	-	-	-	12 (31%)	$1,841
2015-16	6 (86%)	$4,226	-	-	-	-	4 (57%)	$2,976
2016-17	18 (86%)	$4,318	-	-	1 (5%)	$7,083	11 (52%)	$3,018
2017-18	13 (57%)	$4,349	1 (4%)	$150	-	-	3 (13%)	$2,689
2018-19	19 (76%)	$4,971	9 (36%)	$192	-	-	12 (48%)	$2,744
2019-20	1 (100%)	$4,765	-	-	-	-	-	-
2020-21	3 (100%)	$4,881	-	-	-	-	3 (100%)	$2,128
2021-22	10 (77%)	$5,138	3 (23%)	$300	-	-	8 (62%)	$2,063
Average	11 (74.44%)	$4,380	4 (21.00%)	$214	1 (5.00%)	$7,083	8 (50.38%)	$2,422

^*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, 14 (84.56 % of students) get any students loan help and its average loan amount is $14.

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	30 (86%)	$9,856	29 (83%)	$9,169	2 (6%)	$14,889
2014-15	13 (33%)	$8,657	13 (33%)	$8,657	-	-
2015-16	7 (100%)	$8,829	7 (100%)	$8,829	-	-
2016-17	18 (86%)	$10,188	18 (86%)	$10,188	-	-
2017-18	19 (83%)	$7,143	19 (83%)	$7,143	-	-
2018-19	22 (88%)	$7,774	22 (88%)	$7,774	-	-
2019-20	1 (100%)	$7,307	1 (100%)	$7,307	-	-
2020-21	3 (100%)	$9,743	3 (100%)	$9,743	-	-
2021-22	11 (85%)	$8,213	11 (85%)	$8,213	-	-
Average	14 (84.56%)	$8,634	14 (84.22%)	$8,558	2 (6.00%)	$14,889

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Scholarships, Grants, and Loan Trends at INE

All Undergraduate Students Financial Aid Over Time

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