Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 70, which is 58.22 % of all undergraduate students. 65 students which is 53.78% of undergraduate students received federal student loans and the average loan amount is $6,177.

For full-time, first-time beginning students (freshmen), 67.56% of students received grants or scholarships and 78% 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 J Michael Harrold Beauty Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 70, which is 58.22 % of all undergraduate students. 65 students which is 53.78% of undergraduate students received federal student loans and the average loan amount is $6,177.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1491 (67%)$4,00190 (67%)$3,82475 (56%)$5,734
2014-1585 (69%)$4,08885 (69%)$4,08865 (52%)$6,386
2015-1669 (71%)$4,24269 (71%)$4,24261 (63%)$5,980
2016-1760 (67%)$4,35160 (67%)$4,11349 (54%)$6,250
2017-1849 (60%)$4,62448 (59%)$4,54448 (59%)$5,574
2018-1948 (54%)$4,99047 (53%)$4,98154 (61%)$6,375
2019-2035 (32%)$4,92835 (32%)$4,92835 (32%)$6,460
2020-2189 (53%)$4,55089 (53%)$4,550102 (61%)$6,327
2021-22105 (51%)$4,191105 (51%)$4,19196 (46%)$6,504
Average70 (58.22%)$4,44170 (58.00%)$4,38565 (53.78%)$6,177
*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, 20 (67.56 % of students) received grants or scholarships and its average amount is $4,987. It can cover 30.62% of tuition & fees ($16,285).

In addition, 23 (77.67 % of students) students get helped from the students loans (average amount : $6,669).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1435 (85%)$4,36035 (85%)$6,688
2014-1514 (82%)$4,79615 (88%)$6,578
2015-1617 (81%)$4,79419 (90%)$6,681
2016-1713 (76%)$5,31414 (82%)$7,549
2017-1812 (67%)$4,99715 (83%)$5,292
2018-1915 (68%)$5,49020 (91%)$6,601
2019-206 (30%)$5,2726 (30%)$7,487
2020-2139 (65%)$4,88948 (80%)$6,056
2021-2227 (54%)$4,97335 (70%)$7,086
Average20 (67.56%)$4,98723 (77.67%)$6,669
*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, 20 (67.56 % of students) received Pell (federal) grants and its average amount is $4,987.

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
2013-1435 (85%)$4,360------
2014-1514 (82%)$4,796------
2015-1617 (81%)$4,794------
2016-1713 (76%)$5,314------
2017-1812 (67%)$4,997------
2018-1915 (68%)$5,490------
2019-206 (30%)$5,272------
2020-2139 (65%)$4,889------
2021-2227 (54%)$4,973------
Average20 (67.56%)$4,987------
*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, 23 (77.67 % of students) get any students loan help and its average loan amount is $23.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1435 (85%)$6,68835 (85%)$6,688--
2014-1515 (88%)$6,57815 (88%)$6,578--
2015-1619 (90%)$6,68119 (90%)$6,681--
2016-1714 (82%)$7,54914 (82%)$7,549--
2017-1815 (83%)$5,29215 (83%)$5,292--
2018-1920 (91%)$6,60120 (91%)$6,601--
2019-206 (30%)$7,4876 (30%)$7,487--
2020-2148 (80%)$6,05648 (80%)$6,056--
2021-2235 (70%)$7,08635 (70%)$7,086--
Average23 (77.67%)$6,66923 (77.67%)$6,669--

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