Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 358, which is 85.00 % of all undergraduate students. 372 students which is 88.44% of undergraduate students received federal student loans and the average loan amount is $4,859.

For full-time, first-time beginning students (freshmen), 89.44% of students received grants or scholarships and 91% 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 Georgia Institute of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 358, which is 85.00 % of all undergraduate students. 372 students which is 88.44% of undergraduate students received federal student loans and the average loan amount is $4,859.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14410 (90%)$2,813410 (90%)$2,813423 (92%)$4,952
2014-15439 (94%)$2,820389 (83%)$3,183439 (94%)$5,101
2015-16418 (92%)$2,660418 (92%)$2,660425 (94%)$4,995
2016-17362 (87%)$2,635362 (87%)$2,635378 (90%)$4,256
2017-18335 (83%)$2,904335 (83%)$2,904348 (87%)$4,256
2018-19271 (76%)$2,782220 (61%)$3,427271 (76%)$6,461
2019-20318 (83%)$3,546318 (83%)$3,546325 (85%)$4,832
2020-21335 (83%)$3,445335 (83%)$3,445352 (87%)$4,545
2021-22333 (77%)$3,248333 (77%)$3,248391 (91%)$4,332
Average358 (85.00%)$2,984347 (82.11%)$3,096372 (88.44%)$4,859
*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, 77 (89.44 % of students) received grants or scholarships and its average amount is $2,876. It can cover 13.14% of tuition & fees ($21,895).

In addition, 78 (90.78 % of students) students get helped from the students loans (average amount : $5,367).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1498 (90%)$3,100102 (94%)$5,000
2014-1590 (80%)$2,81498 (88%)$5,738
2015-1686 (93%)$3,05086 (93%)$4,994
2016-1782 (96%)$2,63582 (96%)$4,777
2017-1871 (92%)$2,54871 (92%)$5,500
2018-1959 (89%)$2,57659 (89%)$5,034
2019-2064 (89%)$2,96164 (89%)$5,609
2020-2175 (84%)$2,95475 (84%)$5,767
2021-2267 (92%)$3,24767 (92%)$5,883
Average77 (89.44%)$2,87678 (90.78%)$5,367
*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, 77 (89.44 % of students) received Pell (federal) grants and its average amount is $2,876.

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
2013-1498 (90%)$3,100------
2014-1590 (80%)$2,814------
2015-1686 (93%)$3,050------
2016-1782 (96%)$2,635------
2017-1871 (92%)$2,548------
2018-1959 (89%)$2,576------
2019-2064 (89%)$2,961------
2020-2175 (84%)$2,954------
2021-2267 (92%)$3,247------
Average77 (89.44%)$2,876------
*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, 78 (90.78 % of students) get any students loan help and its average loan amount is $78.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14102 (94%)$5,000102 (94%)$5,000--
2014-1598 (88%)$5,73898 (88%)$5,738--
2015-1686 (93%)$4,99486 (93%)$4,994--
2016-1782 (96%)$4,77782 (96%)$4,777--
2017-1871 (92%)$5,50071 (92%)$5,500--
2018-1959 (89%)$5,03459 (89%)$5,034--
2019-2064 (89%)$5,60964 (89%)$5,609--
2020-2175 (84%)$5,76775 (84%)$5,767--
2021-2267 (92%)$5,88367 (92%)$5,883--
Average78 (90.78%)$5,36778 (90.78%)$5,367--

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