Scholarships, Grants, and Loan Trends at Z Hair Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 105, which is 52.33 % of all undergraduate students. 127 students which is 61.56% of undergraduate students received federal student loans and the average loan amount is $8,288.
For full-time, first-time beginning students (freshmen), 56.00% of students received grants or scholarships and 75% 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 Z Hair Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 105, which is 52.33 % of all undergraduate students. 127 students which is 61.56% of undergraduate students received federal student loans and the average loan amount is $8,288.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1452 (74%)$5,06351 (73%)$4,83946 (66%)$11,551
2014-1571 (45%)$3,82571 (45%)$3,82585 (53%)$7,346
2015-1680 (46%)$4,07380 (46%)$4,073104 (59%)$7,850
2016-17100 (47%)$4,285100 (47%)$4,285124 (58%)$7,934
2017-18155 (63%)$4,554155 (63%)$4,554160 (65%)$8,441
2018-19140 (53%)$4,960140 (53%)$4,960140 (53%)$8,336
2019-2089 (40%)$5,40089 (40%)$5,400122 (54%)$7,866
2020-21128 (51%)$5,898128 (51%)$5,898176 (71%)$7,977
2021-22130 (52%)$5,273130 (52%)$5,273186 (75%)$7,294
Average105 (52.33%)$4,815105 (52.22%)$4,790127 (61.56%)$8,288

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

For the last 10 years, on average, 40 (56.00 % of students) received grants or scholarships and its average amount is $4,706. It can cover 27.28% of tuition & fees ($17,250).
In addition, 54 (75.33 % of students) students get helped from the students loans (average amount : $7,578).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (61%)$4,48746 (74%)$11,551
2014-1541 (51%)$3,92157 (71%)$7,154
2015-1629 (56%)$4,73639 (75%)$7,159
2016-1725 (42%)$5,27734 (58%)$7,365
2017-1856 (71%)$4,14566 (84%)$6,936
2018-1957 (63%)$4,84469 (76%)$7,240
2019-2041 (60%)$4,77958 (85%)$6,907
2020-2137 (59%)$5,19653 (84%)$7,574
2021-2237 (41%)$4,96764 (71%)$6,313
Average40 (56.00%)$4,70654 (75.33%)$7,578
*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, 40 (56.00 % of students) received Pell (federal) grants and its average amount is $4,688.
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 (61%)$4,329----4 (6%)$1,500
2014-1541 (51%)$3,921------
2015-1629 (56%)$4,736------
2016-1725 (42%)$5,277------
2017-1856 (71%)$4,145------
2018-1957 (63%)$4,844------
2019-2041 (60%)$4,779------
2020-2137 (59%)$5,196------
2021-2237 (41%)$4,967------
Average40 (56.00%)$4,688----4 (6.00%)$1,500
*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, 54 (75.33 % of students) get any students loan help and its average loan amount is $54.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1446 (74%)$11,55146 (74%)$11,551--
2014-1557 (71%)$7,15457 (71%)$7,154--
2015-1639 (75%)$7,15939 (75%)$7,159--
2016-1734 (58%)$7,36534 (58%)$7,365--
2017-1866 (84%)$6,93666 (84%)$6,936--
2018-1969 (76%)$7,24069 (76%)$7,240--
2019-2058 (85%)$6,90758 (85%)$6,907--
2020-2153 (84%)$7,57453 (84%)$7,1972 (3%)$10,000
2021-2264 (71%)$6,31364 (71%)$6,313--
Average54 (75.33%)$7,57854 (75.33%)$7,5362 (3.00%)$10,000
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