Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 193, which is 59.11 % of all undergraduate students. 211 students which is 61.89% of undergraduate students received federal student loans and the average loan amount is $7,032.

For full-time, first-time beginning students (freshmen), 69.11% of students received grants or scholarships and 75% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Academy of Hair Design-Springfield since 2013.

For that period, the average number of students who received grants aid/scholarships is 193, which is 59.11 % of all undergraduate students. 211 students which is 61.89% of undergraduate students received federal student loans and the average loan amount is $7,032.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14104 (65%)$4,24099 (61%)$3,84282 (51%)$7,461
2014-15133 (59%)$3,962126 (56%)$3,837114 (50%)$7,006
2015-16172 (56%)$4,303156 (51%)$4,128145 (48%)$7,413
2016-17191 (66%)$3,977183 (63%)$3,928203 (70%)$7,895
2017-18222 (67%)$4,103213 (64%)$4,223218 (66%)$7,966
2018-19241 (60%)$4,849239 (59%)$4,880271 (67%)$7,819
2019-20225 (55%)$6,345218 (53%)$4,037289 (70%)$5,988
2020-21219 (51%)$3,741219 (51%)$3,741302 (71%)$5,318
2021-22226 (53%)$4,196226 (53%)$4,196277 (64%)$6,419
Average193 (59.11%)$4,413187 (56.78%)$4,090211 (61.89%)$7,032
*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.

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

For the last 10 years, on average, 105 (69.11 % of students) received grants or scholarships and its average amount is $4,604. It can cover 31.21% of tuition & fees ($14,750).

In addition, 122 (75.44 % of students) students get helped from the students loans (average amount : $6,970).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1449 (84%)$4,58847 (81%)$7,944
2014-1558 (77%)$5,37855 (73%)$7,382
2015-1673 (74%)$4,49874 (75%)$7,289
2016-1772 (83%)$4,17474 (85%)$7,908
2017-18120 (69%)$4,420141 (81%)$7,421
2018-19120 (73%)$4,754133 (81%)$7,547
2019-20143 (59%)$5,415175 (72%)$5,408
2020-21165 (53%)$3,899220 (70%)$5,551
2021-22147 (50%)$4,311180 (61%)$6,277
Average105 (69.11%)$4,604122 (75.44%)$6,970
*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, 103 (66.22 % of students) received Pell (federal) grants and its average amount is $4,226.

In addition, 4 students received State/local government grants/scholarships (4.50 % 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
2013-1446 (79%)$4,236--2 (3%)$9,48522 (38%)$500
2014-1553 (71%)$3,950--10 (13%)$8,90516 (21%)$843
2015-1667 (68%)$4,526--1 (1%)$8,90014 (14%)$1,161
2016-1767 (77%)$4,359----9 (10%)$944
2017-18116 (67%)$4,513----10 (6%)$688
2018-19119 (72%)$4,776----4 (2%)$563
2019-20143 (59%)$3,466143 (59%)$1,8272 (1%)$8,755--
2020-21165 (53%)$3,899------
2021-22147 (50%)$4,311------
Average103 (66.22%)$4,226143 (59.00%)$1,8274 (4.50%)$9,01113 (15.17%)$783
*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, 122 (75.44 % of students) get any students loan help and its average loan amount is $122.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1447 (81%)$7,94447 (81%)$7,944--
2014-1555 (73%)$7,38255 (73%)$7,382--
2015-1674 (75%)$7,28974 (75%)$7,289--
2016-1774 (85%)$7,90874 (85%)$7,908--
2017-18141 (81%)$7,421141 (81%)$7,421--
2018-19133 (81%)$7,547133 (81%)$7,547--
2019-20175 (72%)$5,408175 (72%)$5,408--
2020-21220 (70%)$5,551220 (70%)$5,551--
2021-22180 (61%)$6,277180 (61%)$6,277--
Average122 (75.44%)$6,970122 (75.44%)$6,970--

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