Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 54, which is 74.67 % of all undergraduate students. 49 students which is 68.89% of undergraduate students received federal student loans and the average loan amount is $4,613.

For full-time, first-time beginning students (freshmen), 82.22% of students received grants or scholarships and 85% 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 SOHO Hair Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 54, which is 74.67 % of all undergraduate students. 49 students which is 68.89% of undergraduate students received federal student loans and the average loan amount is $4,613.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1469 (73%)$3,15952 (55%)$3,75164 (67%)$3,798
2014-1560 (72%)$3,92353 (64%)$4,11243 (52%)$5,654
2015-1659 (80%)$3,75949 (66%)$4,20146 (62%)$5,035
2016-1745 (64%)$4,37545 (64%)$3,94342 (60%)$4,802
2017-1855 (82%)$4,86546 (69%)$5,63048 (72%)$4,830
2018-1957 (75%)$4,75552 (68%)$5,17457 (75%)$4,682
2019-2048 (83%)$4,62447 (81%)$4,65849 (84%)$3,783
2020-2156 (84%)$5,24749 (73%)$5,21055 (82%)$4,709
2021-2233 (59%)$5,22633 (59%)$5,07537 (66%)$4,223
Average54 (74.67%)$4,43747 (66.56%)$4,63949 (68.89%)$4,613
*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, 11 (82.22 % of students) received grants or scholarships and its average amount is $5,120. It can cover 23.13% of tuition & fees ($22,131).

In addition, 11 (85.44 % of students) students get helped from the students loans (average amount : $7,258).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1418 (95%)$4,33515 (79%)$5,420
2014-1516 (94%)$3,32014 (82%)$9,003
2015-1611 (92%)$4,87312 (100%)$6,533
2016-177 (70%)$4,2537 (70%)$7,500
2017-188 (80%)$5,03110 (100%)$6,688
2018-198 (73%)$5,24610 (91%)$6,200
2019-2012 (80%)$5,84814 (93%)$5,909
2020-2111 (73%)$6,33413 (87%)$7,799
2021-225 (83%)$6,8404 (67%)$10,267
Average11 (82.22%)$5,12011 (85.44%)$7,258
*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, 10 (75.56 % of students) received Pell (federal) grants and its average amount is $5,011.

In addition, 1 students received State/local government grants/scholarships (11.00 % 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
2013-1415 (79%)$4,847----8 (42%)$666
2014-1511 (65%)$4,128--2 (12%)$1,7327 (41%)$607
2015-1610 (83%)$5,140--1 (8%)$1,2004 (33%)$250
2016-177 (70%)$4,146----3 (30%)$250
2017-188 (80%)$5,031------
2018-198 (73%)$5,215----1 (9%)$250
2019-2012 (80%)$5,603--1 (7%)$2,947--
2020-2110 (67%)$5,14510 (67%)$1,772--2 (13%)$250
2021-225 (83%)$5,845--1 (17%)$3,4753 (50%)$500
Average10 (75.56%)$5,01110 (67.00%)$1,7721 (11.00%)$2,3394 (31.14%)$396
*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, 11 (85.44 % of students) get any students loan help and its average loan amount is $11.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1415 (79%)$5,42015 (79%)$5,420--
2014-1514 (82%)$9,00314 (82%)$9,003--
2015-1612 (100%)$6,53312 (100%)$6,533--
2016-177 (70%)$7,5007 (70%)$7,500--
2017-1810 (100%)$6,68810 (100%)$6,688--
2018-1910 (91%)$6,20010 (91%)$6,200--
2019-2014 (93%)$5,90914 (93%)$5,909--
2020-2113 (87%)$7,79913 (87%)$7,799--
2021-224 (67%)$10,2674 (67%)$10,267--
Average11 (85.44%)$7,25811 (85.44%)$7,258--

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