Over the past 7 years (2016-2022), the average number of students who received grants aid/scholarships is 105, which is 52.83 % of all undergraduate students. 73 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $4,908.

For full-time, first-time beginning students (freshmen), 54.83% of students received grants or scholarships and 44% 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 Elite Cosmetology, Barber & Spa Academy since 2016.

For that period, the average number of students who received grants aid/scholarships is 105, which is 52.83 % of all undergraduate students. 73 students which is 37.33% of undergraduate students received federal student loans and the average loan amount is $4,908.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1758 (35%)$4,82242 (26%)$3,27537 (23%)$5,235
2017-1893 (48%)$4,06988 (45%)$3,90781 (42%)$5,324
2018-1994 (49%)$3,50491 (47%)$3,41875 (39%)$5,285
2019-20112 (65%)$3,45189 (52%)$3,30472 (42%)$4,715
2020-21173 (72%)$3,366125 (52%)$3,21694 (39%)$4,737
2021-2297 (48%)$3,19795 (47%)$2,95979 (39%)$4,152
Average105 (52.83%)$3,73588 (44.83%)$3,34773 (37.33%)$4,908
*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, 72 (54.83 % of students) received grants or scholarships and its average amount is $3,815. It can cover 19.87% of tuition & fees ($19,200).

In addition, 57 (43.50 % of students) students get helped from the students loans (average amount : $4,768).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2016-1749 (40%)$4,48734 (28%)$5,105
2017-1870 (56%)$4,20888 (70%)$4,898
2018-1963 (48%)$3,83649 (37%)$5,244
2019-2070 (64%)$3,78248 (44%)$4,607
2020-21111 (71%)$3,32866 (42%)$4,659
2021-2271 (50%)$3,24956 (40%)$4,094
Average72 (54.83%)$3,81557 (43.50%)$4,768
*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, 64 (48.83 % of students) received Pell (federal) grants and its average amount is $3,377.

In addition, 5 students received State/local government grants/scholarships (4.17 % 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
2016-1737 (31%)$3,231--12 (10%)$8,359--
2017-1869 (55%)$4,071--1 (1%)$13,621--
2018-1961 (47%)$3,703--2 (2%)$7,880--
2019-2059 (54%)$3,34947 (43%)$1,2502 (2%)$4,185--
2020-2187 (56%)$2,97587 (56%)$9048 (5%)$3,993--
2021-2271 (50%)$2,930--7 (5%)$3,239--
Average64 (48.83%)$3,37767 (49.50%)$1,0775 (4.17%)$6,880--
*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, 57 (43.50 % of students) get any students loan help and its average loan amount is $57.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2016-1734 (28%)$5,10534 (28%)$5,105--
2017-1888 (70%)$4,89864 (51%)$5,59024 (19%)$3,053
2018-1949 (37%)$5,24449 (37%)$5,244--
2019-2048 (44%)$4,60748 (44%)$4,607--
2020-2166 (42%)$4,65966 (42%)$4,659--
2021-2256 (40%)$4,09456 (40%)$4,094--
Average57 (43.50%)$4,76853 (40.33%)$4,88324 (19.00%)$3,053

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