Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 56, which is 59.33 % of all undergraduate students. 40 students which is 44.11% of undergraduate students received federal student loans and the average loan amount is $3,099.

For full-time, first-time beginning students (freshmen), 72.89% of students received grants or scholarships and 55% 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 Cannella School of Hair Design-Chicago since 2013.

For that period, the average number of students who received grants aid/scholarships is 56, which is 59.33 % of all undergraduate students. 40 students which is 44.11% of undergraduate students received federal student loans and the average loan amount is $3,099.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14128 (92%)$5,536128 (92%)$5,52869 (50%)$3,795
2014-15106 (79%)$4,280106 (79%)$4,20780 (59%)$2,541
2015-1684 (74%)$4,31884 (74%)$4,19662 (54%)$2,874
2016-1757 (71%)$3,61857 (71%)$3,49241 (51%)$2,634
2017-1833 (58%)$4,01033 (58%)$3,94424 (42%)$2,576
2018-1925 (29%)$4,14323 (27%)$4,15222 (26%)$2,331
2019-2014 (23%)$6,19514 (23%)$4,59514 (23%)$3,300
2020-2145 (66%)$10,37845 (66%)$6,34540 (59%)$4,538
2021-2215 (42%)$5,19612 (33%)$6,49512 (33%)$3,300
Average56 (59.33%)$5,29756 (58.11%)$4,77340 (44.11%)$3,099
*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, 7 (72.89 % of students) received grants or scholarships and its average amount is $4,980. It can cover 30.34% of tuition & fees ($16,410).

In addition, 6 (55.11 % of students) students get helped from the students loans (average amount : $3,383).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143 (75%)$5,6452 (50%)$3,500
2014-1513 (93%)$5,53910 (71%)$3,269
2015-163 (33%)$5,5692 (22%)$3,266
2016-174 (50%)$5,3133 (38%)$3,266
2017-184 (80%)$3,9011 (20%)$3,946
2018-194 (80%)$4,6483 (60%)$3,300
2019-204 (80%)$4,7014 (80%)$3,300
2020-2118 (90%)$4,75016 (80%)$3,300
2021-229 (75%)$4,7509 (75%)$3,300
Average7 (72.89%)$4,9806 (55.11%)$3,383
*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, 7 (72.89 % of students) received Pell (federal) grants and its average amount is $4,888.

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
2013-143 (75%)$5,645------
2014-1513 (93%)$5,4387 (50%)$189----
2015-163 (33%)$5,2943 (33%)$275----
2016-174 (50%)$5,0884 (50%)$225----
2017-184 (80%)$3,8352 (40%)$132----
2018-194 (80%)$4,5952 (40%)$106----
2019-204 (80%)$4,5954 (80%)$106----
2020-2118 (90%)$4,750------
2021-229 (75%)$4,750------
Average7 (72.89%)$4,8884 (48.83%)$172----
*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, 6 (55.11 % of students) get any students loan help and its average loan amount is $6.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-142 (50%)$3,5002 (50%)$3,500--
2014-1510 (71%)$3,26910 (71%)$3,269--
2015-162 (22%)$3,2662 (22%)$3,266--
2016-173 (38%)$3,2663 (38%)$3,266--
2017-181 (20%)$3,9461 (20%)$3,946--
2018-193 (60%)$3,3003 (60%)$3,300--
2019-204 (80%)$3,3004 (80%)$3,300--
2020-2116 (80%)$3,30016 (80%)$3,300--
2021-229 (75%)$3,3009 (75%)$3,300--
Average6 (55.11%)$3,3836 (55.11%)$3,383--

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