Scholarships, Grants, and Loan Trends at U of Spa & Cosmetology Arts

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 199, which is 80.44 % of all undergraduate students. 129 students which is 51.56% of undergraduate students received federal student loans and the average loan amount is $5,748.
For full-time, first-time beginning students (freshmen), 79.22% of students received grants or scholarships and 82% 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 University of Spa & Cosmetology Arts since 2013.
For that period, the average number of students who received grants aid/scholarships is 199, which is 80.44 % of all undergraduate students. 129 students which is 51.56% of undergraduate students received federal student loans and the average loan amount is $5,748.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14227 (82%)$2,552148 (54%)$3,268128 (46%)$6,862
2014-15206 (80%)$2,263128 (50%)$3,171132 (51%)$6,476
2015-16223 (79%)$3,407169 (60%)$4,130166 (59%)$6,038
2016-17203 (77%)$2,559140 (53%)$3,318151 (57%)$5,820
2017-18167 (76%)$3,549130 (59%)$4,020111 (51%)$5,694
2018-19180 (78%)$2,876113 (49%)$3,948136 (59%)$5,004
2019-20212 (97%)$3,265115 (53%)$4,34099 (45%)$5,500
2020-21178 (75%)$2,766104 (44%)$4,092103 (43%)$4,965
2021-22198 (80%)$2,856121 (49%)$4,191132 (53%)$5,377
Average199 (80.44%)$2,899130 (52.33%)$3,831129 (51.56%)$5,748

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

For the last 10 years, on average, 46 (79.22 % of students) received grants or scholarships and its average amount is $3,530. It can cover 17.78% of tuition & fees ($19,850).
In addition, 48 (82.44 % of students) students get helped from the students loans (average amount : $5,798).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1452 (87%)$3,80454 (90%)$6,861
2014-1541 (85%)$2,90042 (88%)$6,281
2015-1658 (91%)$3,63760 (94%)$5,783
2016-1749 (75%)$2,46856 (86%)$5,970
2017-1840 (78%)$3,95541 (80%)$6,453
2018-1936 (72%)$3,88245 (90%)$5,269
2019-2057 (98%)$4,34648 (83%)$5,885
2020-2135 (53%)$3,61340 (61%)$4,468
2021-2245 (74%)$3,16743 (70%)$5,213
Average46 (79.22%)$3,53048 (82.44%)$5,798
*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, 34 (58.89 % of students) received Pell (federal) grants and its average amount is $4,171.
In addition, 3 students received State/local government grants/scholarships (5.38 % 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
2013-1438 (63%)$4,166--4 (7%)$8,12916 (27%)$438
2014-1527 (56%)$3,945--2 (4%)$2,70217 (35%)$411
2015-1646 (72%)$4,394--1 (2%)$1,50019 (30%)$386
2016-1738 (58%)$2,983--2 (3%)$1,27515 (23%)$335
2017-1835 (69%)$4,152--5 (10%)$2,0258 (16%)$345
2018-1926 (52%)$4,416--5 (10%)$3,90715 (30%)$361
2019-2039 (67%)$4,68646 (79%)$1,2153 (5%)$1,42515 (26%)$322
2020-2127 (41%)$4,565--1 (2%)$1,0008 (12%)$275
2021-2232 (52%)$4,230----21 (34%)$340
Average34 (58.89%)$4,17146 (79.00%)$1,2153 (5.38%)$2,74515 (25.89%)$357
*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, 48 (82.44 % of students) get any students loan help and its average loan amount is $48.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1454 (90%)$6,86154 (90%)$6,861--
2014-1542 (88%)$6,28142 (88%)$6,281--
2015-1660 (94%)$5,78360 (94%)$5,783--
2016-1756 (86%)$5,97056 (86%)$5,970--
2017-1841 (80%)$6,45341 (80%)$6,453--
2018-1945 (90%)$5,26945 (90%)$5,269--
2019-2048 (83%)$5,88548 (83%)$5,885--
2020-2140 (61%)$4,46840 (61%)$4,468--
2021-2243 (70%)$5,21343 (70%)$5,213--
Average48 (82.44%)$5,79848 (82.44%)$5,798--
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