How West Michigan College of Barbering and Beauty'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 West Michigan College of Barbering and Beauty since 2013.

For that period, the average number of students who received grants aid/scholarships is 58, which is 53.22 % of all undergraduate students. 38 students which is 36.25% of undergraduate students received federal student loans and the average loan amount is $4,932.

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	89 (78%)	$5,645	89 (78%)	$5,645	-	-
2014-15	75 (59%)	$5,730	74 (58%)	$3,936	27 (21%)	$5,593
2015-16	50 (43%)	$3,180	50 (43%)	$3,180	44 (38%)	$4,501
2016-17	59 (56%)	$2,620	45 (43%)	$3,435	57 (54%)	$3,149
2017-18	48 (57%)	$4,477	45 (54%)	$4,096	36 (43%)	$3,196
2018-19	57 (55%)	$3,572	57 (55%)	$3,572	49 (47%)	$4,681
2019-20	31 (42%)	$3,245	31 (42%)	$3,245	21 (29%)	$5,191
2020-21	54 (45%)	$3,731	54 (45%)	$3,731	44 (36%)	$5,723
2021-22	55 (44%)	$3,463	55 (44%)	$3,463	28 (22%)	$7,419
Average	58 (53.22%)	$3,963	56 (51.33%)	$3,811	38 (36.25%)	$4,932

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

Overview

For the last 10 years, on average, 18 (83.22 % of students) received grants or scholarships and its average amount is $4,618. It can cover 27.66% of tuition & fees ($16,695).

In addition, 11 (55.00 % of students) students get helped from the students loans (average amount : $5,183).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	31 (91%)	$5,645	-	-
2014-15	31 (100%)	$5,582	9 (29%)	$5,215
2015-16	27 (100%)	$5,775	17 (63%)	$5,298
2016-17	25 (100%)	$3,675	23 (92%)	$3,441
2017-18	14 (93%)	$4,009	8 (53%)	$5,142
2018-19	12 (92%)	$5,077	10 (77%)	$6,225
2019-20	10 (91%)	$4,193	6 (55%)	$5,926
2020-21	9 (50%)	$4,361	7 (39%)	$6,094
2021-22	6 (32%)	$3,248	6 (32%)	$4,124
Average	18 (83.22%)	$4,618	11 (55.00%)	$5,183

^*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, 18 (82.89 % of students) received Pell (federal) grants and its average amount is $4,625.

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	31 (91%)	$5,645	-	-	-	-	-	-
2014-15	30 (97%)	$5,646	1 (3%)	$3,672	-	-	-	-
2015-16	27 (100%)	$5,775	-	-	-	-	-	-
2016-17	25 (100%)	$3,675	-	-	-	-	-	-
2017-18	14 (93%)	$4,009	-	-	-	-	-	-
2018-19	12 (92%)	$5,077	-	-	-	-	-	-
2019-20	10 (91%)	$4,193	-	-	-	-	-	-
2020-21	9 (50%)	$4,361	-	-	-	-	-	-
2021-22	6 (32%)	$3,248	-	-	-	-	-	-
Average	18 (82.89%)	$4,625	1 (3.00%)	$3,672	-	-	-	-

^*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, 11 (55.00 % of students) get any students loan help and its average loan amount is $11.

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	-	-	-	-	-	-
2014-15	9 (29%)	$5,215	9 (29%)	$5,215	-	-
2015-16	17 (63%)	$5,298	17 (63%)	$5,298	-	-
2016-17	23 (92%)	$3,441	23 (92%)	$3,441	-	-
2017-18	8 (53%)	$5,142	8 (53%)	$5,142	-	-
2018-19	10 (77%)	$6,225	10 (77%)	$6,225	-	-
2019-20	6 (55%)	$5,926	6 (55%)	$5,926	-	-
2020-21	7 (39%)	$6,094	7 (39%)	$6,094	-	-
2021-22	6 (32%)	$4,124	6 (32%)	$4,124	-	-
Average	11 (55.00%)	$5,183	11 (55.00%)	$5,183	-	-

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Scholarships, Grants, and Loan Trends at West Michigan College of Barbering and Beauty

All Undergraduate Students Financial Aid Over Time

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