Scholarships, Grants, and Loan Trends at World Class Academy of Beauty Careers

Over the past 7 years (2016-2022), the average number of students who received grants aid/scholarships is 29, which is 78.50 % of all undergraduate students. 27 students which is 71.50% of undergraduate students received federal student loans and the average loan amount is $6,355.
For full-time, first-time beginning students (freshmen), 93.80% of students received grants or scholarships and 85% 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 World Class Academy of Beauty Careers since 2016.
For that period, the average number of students who received grants aid/scholarships is 29, which is 78.50 % of all undergraduate students. 27 students which is 71.50% of undergraduate students received federal student loans and the average loan amount is $6,355.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1716 (64%)$4,64716 (64%)$4,64716 (64%)$7,471
2017-1824 (75%)$6,32624 (75%)$5,6599 (28%)$10,671
2018-1922 (96%)$8,91622 (96%)$4,68922 (96%)$4,553
2019-2039 (80%)$8,54039 (80%)$4,16939 (80%)$4,371
2020-2140 (82%)$4,83639 (80%)$4,84241 (84%)$5,554
2021-2235 (74%)$5,03535 (74%)$4,88436 (77%)$5,510
Average29 (78.50%)$6,38329 (78.17%)$4,81527 (71.50%)$6,355

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

For the last 7 years, on average, 11 (93.80 % of students) received grants or scholarships and its average amount is $4,988. It can cover 38.37% of tuition & fees ($13,000).
In addition, 10 (85.20 % of students) students get helped from the students loans (average amount : $7,490).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-179 (90%)$5,1699 (90%)$9,104
2017-1811 (79%)$5,8495 (36%)$10,691
2018-199 (100%)$6,1809 (100%)$6,432
2019-2017 (100%)$4,61517 (100%)$4,982
2020-219 (100%)$3,1299 (100%)$6,240
2021-22----
Average11 (93.80%)$4,98810 (85.20%)$7,490
*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 7 years, on average, 11 (93.80 % of students) received Pell (federal) grants and its average amount is $4,966.
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
2016-179 (90%)$5,169------
2017-1811 (79%)$5,849------
2018-199 (100%)$6,0699 (100%)$111----
2019-2017 (100%)$4,615------
2020-219 (100%)$3,129------
2021-22--------
Average11 (93.80%)$4,9669 (100.00%)$111----
*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 7 years, on average, 10 (85.20 % of students) get any students loan help and its average loan amount is $10.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-179 (90%)$9,1049 (90%)$9,104--
2017-185 (36%)$10,6915 (36%)$10,691--
2018-199 (100%)$6,4329 (100%)$6,432--
2019-2017 (100%)$4,98217 (100%)$4,982--
2020-219 (100%)$6,2409 (100%)$6,240--
2021-22------
Average10 (85.20%)$7,49010 (85.20%)$7,490--
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