How LAF'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-Lafayette since 2013.

For that period, the average number of students who received grants aid/scholarships is 120, which is 73.89 % of all undergraduate students. 113 students which is 69.00% of undergraduate students received federal student loans and the average loan amount is $7,438.

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	103 (76%)	$3,457	97 (71%)	$3,447	89 (65%)	$7,688
2014-15	119 (78%)	$4,442	115 (76%)	$4,297	119 (78%)	$7,694
2015-16	131 (77%)	$4,323	122 (71%)	$4,106	124 (73%)	$7,679
2016-17	166 (76%)	$4,474	154 (71%)	$4,421	158 (72%)	$7,721
2017-18	130 (73%)	$4,348	130 (73%)	$4,063	110 (61%)	$7,637
2018-19	115 (74%)	$5,043	113 (73%)	$4,707	107 (69%)	$7,224
2019-20	105 (79%)	$5,194	104 (78%)	$4,855	97 (73%)	$7,641
2020-21	90 (63%)	$5,145	87 (60%)	$4,602	84 (58%)	$6,621
2021-22	122 (69%)	$5,585	122 (69%)	$4,758	128 (72%)	$7,033
Average	120 (73.89%)	$4,668	116 (71.33%)	$4,362	113 (69.00%)	$7,438

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

Overview

For the last 10 years, on average, 24 (87.22 % of students) received grants or scholarships and its average amount is $4,938. It can cover 37.46% of tuition & fees ($13,184).

In addition, 27 (93.78 % of students) students get helped from the students loans (average amount : $8,458).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	32 (89%)	$3,846	34 (94%)	$9,717
2014-15	40 (82%)	$4,692	48 (98%)	$9,218
2015-16	34 (85%)	$4,199	33 (83%)	$8,419
2016-17	42 (84%)	$4,723	46 (92%)	$8,764
2017-18	33 (87%)	$4,741	33 (87%)	$8,966
2018-19	18 (69%)	$6,187	25 (96%)	$9,155
2019-20	16 (89%)	$5,549	17 (94%)	$8,459
2020-21	1 (100%)	$4,230	1 (100%)	$6,333
2021-22	3 (100%)	$6,279	3 (100%)	$7,088
Average	24 (87.22%)	$4,938	27 (93.78%)	$8,458

^*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, 23 (84.44 % of students) received Pell (federal) grants and its average amount is $4,740.

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	30 (83%)	$3,798	-	-	-	-	6 (17%)	$1,523
2014-15	40 (82%)	$4,507	-	-	-	-	4 (8%)	$1,853
2015-16	32 (80%)	$4,147	-	-	-	-	9 (23%)	$1,118
2016-17	38 (76%)	$4,854	-	-	-	-	7 (14%)	$1,989
2017-18	33 (87%)	$4,525	9 (24%)	$269	-	-	1 (3%)	$4,685
2018-19	18 (69%)	$5,690	11 (42%)	$295	-	-	11 (42%)	$518
2019-20	15 (83%)	$5,599	2 (11%)	$300	-	-	3 (17%)	$1,400
2020-21	1 (100%)	$4,230	-	-	-	-	-	-
2021-22	3 (100%)	$5,312	2 (67%)	$300	-	-	2 (67%)	$1,150
Average	23 (84.44%)	$4,740	6 (36.00%)	$291	-	-	5 (23.88%)	$1,780

^*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, 27 (93.78 % of students) get any students loan help and its average loan amount is $27.

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	34 (94%)	$9,717	34 (94%)	$9,717	-	-
2014-15	48 (98%)	$9,218	48 (98%)	$8,762	1 (2%)	$21,900
2015-16	33 (83%)	$8,419	33 (83%)	$8,419	-	-
2016-17	46 (92%)	$8,764	46 (92%)	$8,462	3 (6%)	$4,633
2017-18	33 (87%)	$8,966	33 (87%)	$8,966	-	-
2018-19	25 (96%)	$9,155	25 (96%)	$8,475	1 (4%)	$17,000
2019-20	17 (94%)	$8,459	17 (94%)	$8,459	-	-
2020-21	1 (100%)	$6,333	1 (100%)	$6,333	-	-
2021-22	3 (100%)	$7,088	3 (100%)	$7,088	-	-
Average	27 (93.78%)	$8,458	27 (93.78%)	$8,298	2 (4.00%)	$14,511

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Scholarships, Grants, and Loan Trends at LAF

All Undergraduate Students Financial Aid Over Time

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