Scholarships, Grants, and Loan Trends at Wright Beauty Academy

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 51, which is 65.00 % of all undergraduate students. 36 students which is 39.40% of undergraduate students received federal student loans and the average loan amount is $4,123.
For full-time, first-time beginning students (freshmen), 69.50% of students received grants or scholarships and 42% 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 Wright Beauty Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 51, which is 65.00 % of all undergraduate students. 36 students which is 39.40% of undergraduate students received federal student loans and the average loan amount is $4,123.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1447 (100%)$5,50047 (100%)$5,500--
2014-1526 (39%)$3,45826 (39%)$3,4581 (2%)$2,266
2015-1696 (95%)$4,04296 (95%)$4,04284 (83%)$5,584
2016-1754 (59%)$3,28854 (59%)$3,28840 (43%)$5,969
2017-1878 (95%)$2,04778 (95%)$2,04756 (68%)$3,170
2018-192 (2%)$5,8122 (2%)$5,8121 (1%)$3,628
Average51 (65.00%)$4,02551 (65.00%)$4,02536 (39.40%)$4,123

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

For the last 7 years, on average, 7 (69.50 % of students) received grants or scholarships and its average amount is $5,228. It can cover 43.21% of tuition & fees ($12,100).
In addition, 5 (41.75 % of students) students get helped from the students loans (average amount : $5,719).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147 (100%)$5,500--
2014-156 (67%)$5,500--
2015-1611 (92%)$5,5796 (50%)$5,929
2016-176 (50%)$4,8676 (50%)$6,598
2017-1812 (75%)$5,1268 (50%)$6,720
2018-192 (33%)$4,7961 (17%)$3,628
Average7 (69.50%)$5,2285 (41.75%)$5,719
*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, 7 (69.50 % of students) received Pell (federal) grants and its average amount is $5,228.
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
2013-147 (100%)$5,500------
2014-156 (67%)$5,500------
2015-1611 (92%)$5,579------
2016-176 (50%)$4,867------
2017-1812 (75%)$5,126------
2018-192 (33%)$4,796------
Average7 (69.50%)$5,228------
*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, 5 (41.75 % of students) get any students loan help and its average loan amount is $5.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-166 (50%)$5,9296 (50%)$5,929--
2016-176 (50%)$6,5986 (50%)$6,598--
2017-188 (50%)$6,7208 (50%)$6,720--
2018-191 (17%)$3,6281 (17%)$3,628--
Average5 (41.75%)$5,7195 (41.75%)$5,719--
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