Over the past 7 years (2016-2022), the average number of students who received grants aid/scholarships is 54, which is 57.50 % of all undergraduate students. 57 students which is 58.50% of undergraduate students received federal student loans and the average loan amount is $6,000.

For full-time, first-time beginning students (freshmen), 72.83% of students received grants or scholarships and 62% 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 American Barber and Beauty Academy since 2016.

For that period, the average number of students who received grants aid/scholarships is 54, which is 57.50 % of all undergraduate students. 57 students which is 58.50% of undergraduate students received federal student loans and the average loan amount is $6,000.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1745 (63%)$2,90045 (63%)$2,90050 (70%)$4,315
2017-1849 (68%)$3,71549 (68%)$3,71546 (64%)$5,750
2018-1944 (66%)$4,19944 (66%)$4,08641 (61%)$6,299
2019-2038 (72%)$4,07829 (55%)$4,31438 (72%)$5,295
2020-2162 (36%)$5,15662 (36%)$5,15670 (40%)$7,012
2021-2284 (40%)$4,57784 (40%)$4,57794 (44%)$7,329
Average54 (57.50%)$4,10452 (54.67%)$4,12557 (58.50%)$6,000
*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 7 years, on average, 22 (72.83 % of students) received grants or scholarships and its average amount is $4,071. It can cover 56.93% of tuition & fees ($7,150).

In addition, 24 (61.83 % of students) students get helped from the students loans (average amount : $6,404).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-172 (100%)$3,0371 (50%)$5,444
2017-1822 (96%)$4,18119 (83%)$7,405
2018-1916 (64%)$5,39616 (64%)$6,761
2019-2019 (100%)$1,98415 (79%)$5,312
2020-2133 (36%)$4,99242 (46%)$6,352
2021-2240 (41%)$4,83448 (49%)$7,147
Average22 (72.83%)$4,07124 (61.83%)$6,404
*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, 21 (65.00 % of students) received Pell (federal) grants and its average amount is $4,163.

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
2016-172 (100%)$3,037------
2017-1822 (96%)$4,181------
2018-1916 (64%)$5,333----1 (4%)$1,000
2019-2010 (53%)$2,6009 (47%)$1,299----
2020-2133 (36%)$4,992------
2021-2240 (41%)$4,834------
Average21 (65.00%)$4,1639 (47.00%)$1,299--1 (4.00%)$1,000
*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, 24 (61.83 % of students) get any students loan help and its average loan amount is $24.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-171 (50%)$5,4441 (50%)$5,444--
2017-1819 (83%)$7,40519 (83%)$7,405--
2018-1916 (64%)$6,76116 (64%)$6,761--
2019-2015 (79%)$5,31215 (79%)$5,312--
2020-2142 (46%)$6,35242 (46%)$6,352--
2021-2248 (49%)$7,14748 (49%)$7,147--
Average24 (61.83%)$6,40424 (61.83%)$6,404--

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