Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 146, which is 63.33 % of all undergraduate students. 136 students which is 59.00% of undergraduate students received federal student loans and the average loan amount is $5,493.

For full-time, first-time beginning students (freshmen), 82.11% of students received grants or scholarships and 76% 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 Nova Academy of Cosmetology Woodbury since 2013.

For that period, the average number of students who received grants aid/scholarships is 146, which is 63.33 % of all undergraduate students. 136 students which is 59.00% of undergraduate students received federal student loans and the average loan amount is $5,493.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14146 (72%)$3,858105 (51%)$3,443129 (63%)$5,700
2014-15139 (67%)$4,188115 (55%)$3,714143 (68%)$5,389
2015-16132 (68%)$3,786108 (56%)$3,608113 (59%)$6,939
2016-17110 (49%)$3,81586 (38%)$3,43398 (43%)$5,793
2017-18122 (64%)$4,72597 (51%)$4,347119 (62%)$5,882
2018-19160 (62%)$4,511130 (51%)$4,386171 (67%)$5,199
2019-2070 (31%)$4,07349 (22%)$3,40060 (27%)$3,713
2020-21219 (80%)$3,986168 (61%)$3,631213 (78%)$5,914
2021-22212 (77%)$4,023145 (53%)$3,703176 (64%)$4,910
Average146 (63.33%)$4,107111 (48.67%)$3,741136 (59.00%)$5,493
*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, 50 (82.11 % of students) received grants or scholarships and its average amount is $4,416. It can cover 20.35% of tuition & fees ($21,700).

In addition, 47 (75.67 % of students) students get helped from the students loans (average amount : $6,117).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1448 (86%)$4,01446 (82%)$6,774
2014-1549 (75%)$4,24654 (83%)$6,232
2015-1620 (87%)$3,89114 (61%)$8,725
2016-1726 (100%)$4,53326 (100%)$5,660
2017-1845 (76%)$5,24646 (78%)$6,323
2018-1972 (73%)$4,98878 (80%)$5,104
2019-2047 (70%)$3,95332 (48%)$4,771
2020-2173 (88%)$4,21163 (76%)$5,972
2021-2272 (84%)$4,65863 (73%)$5,489
Average50 (82.11%)$4,41647 (75.67%)$6,117
*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, 37 (57.78 % of students) received Pell (federal) grants and its average amount is $4,133.

In addition, 27 students received State/local government grants/scholarships (44.11 % 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
2013-1428 (50%)$3,73514 (25%)$25725 (45%)$1,81627 (48%)$1,449
2014-1536 (55%)$4,14111 (17%)$29622 (34%)$1,85315 (23%)$997
2015-1613 (57%)$3,4595 (22%)$28012 (52%)$1,74910 (43%)$1,047
2016-1716 (62%)$4,5326 (23%)$33312 (46%)$2,36812 (46%)$1,246
2017-1835 (59%)$4,58411 (19%)$25623 (39%)$2,07417 (29%)$1,478
2018-1958 (59%)$4,87115 (15%)$29441 (42%)$1,51116 (16%)$639
2019-2026 (39%)$4,22326 (39%)$1,38221 (31%)$1,6137 (10%)$880
2020-2156 (67%)$3,65817 (20%)$33149 (59%)$1,81928 (34%)$277
2021-2262 (72%)$3,99525 (29%)$50442 (49%)$1,60322 (26%)$350
Average37 (57.78%)$4,13314 (23.22%)$43727 (44.11%)$1,82317 (30.56%)$929
*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, 47 (75.67 % of students) get any students loan help and its average loan amount is $47.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1446 (82%)$6,77446 (82%)$5,8696 (11%)$6,936
2014-1554 (83%)$6,23254 (83%)$5,9152 (3%)$8,548
2015-1614 (61%)$8,72514 (61%)$8,3471 (4%)$5,300
2016-1726 (100%)$5,66026 (100%)$5,2182 (8%)$5,750
2017-1846 (78%)$6,32346 (78%)$5,2558 (14%)$6,138
2018-1978 (80%)$5,10478 (80%)$4,6915 (5%)$6,433
2019-2032 (48%)$4,77132 (48%)$4,6544 (6%)$934
2020-2163 (76%)$5,97263 (76%)$5,8442 (2%)$4,041
2021-2263 (73%)$5,48962 (72%)$5,3214 (5%)$3,990
Average47 (75.67%)$6,11747 (75.56%)$5,6794 (6.44%)$5,341

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