Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 102, which is 74.67 % of all undergraduate students. 79 students which is 57.22% of undergraduate students received federal student loans and the average loan amount is $5,467.

For full-time, first-time beginning students (freshmen), 70.89% of students received grants or scholarships and 57% 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 New Beginning College of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 102, which is 74.67 % of all undergraduate students. 79 students which is 57.22% of undergraduate students received federal student loans and the average loan amount is $5,467.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14143 (94%)$2,875125 (82%)$3,289130 (86%)$3,612
2014-15128 (77%)$3,614112 (67%)$4,13096 (57%)$5,193
2015-1687 (66%)$4,10445 (34%)$4,27660 (45%)$6,307
2016-1796 (81%)$3,67996 (81%)$3,67939 (33%)$9,211
2017-18101 (74%)$4,299101 (74%)$4,29974 (54%)$5,543
2018-19133 (95%)$2,964112 (80%)$3,378109 (78%)$4,606
2019-20116 (91%)$3,435109 (86%)$3,656103 (81%)$3,928
2020-2185 (65%)$4,28085 (65%)$4,23685 (65%)$5,698
2021-2233 (29%)$3,34527 (24%)$4,08818 (16%)$5,104
Average102 (74.67%)$3,62290 (65.89%)$3,89279 (57.22%)$5,467
*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, 46 (70.89 % of students) received grants or scholarships and its average amount is $4,036. It can cover 26.64% of tuition & fees ($15,150).

In addition, 38 (56.56 % of students) students get helped from the students loans (average amount : $5,506).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1441 (59%)$3,73544 (63%)$4,019
2014-1559 (66%)$4,17757 (63%)$4,280
2015-1645 (58%)$4,27643 (56%)$6,006
2016-1753 (75%)$4,12830 (42%)$7,976
2017-1842 (81%)$4,41627 (52%)$7,093
2018-1967 (94%)$3,15462 (87%)$4,686
2019-2041 (89%)$3,96639 (85%)$3,561
2020-2137 (61%)$4,38835 (57%)$5,639
2021-2227 (55%)$4,0882 (4%)$6,298
Average46 (70.89%)$4,03638 (56.56%)$5,506
*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, 46 (70.89 % of students) received Pell (federal) grants and its average amount is $4,025.

In addition, 3 students received State/local government grants/scholarships (5.00 % 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
2013-1441 (59%)$3,735------
2014-1559 (66%)$4,177------
2015-1645 (58%)$4,276------
2016-1753 (75%)$4,128------
2017-1842 (81%)$4,416------
2018-1967 (94%)$3,154------
2019-2041 (89%)$3,966------
2020-2137 (61%)$4,287--3 (5%)$1,250--
2021-2227 (55%)$4,088------
Average46 (70.89%)$4,025--3 (5.00%)$1,250--
*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, 38 (56.56 % of students) get any students loan help and its average loan amount is $38.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1444 (63%)$4,01938 (54%)$4,32911 (16%)$1,120
2014-1557 (63%)$4,28046 (51%)$4,88211 (12%)$1,763
2015-1643 (56%)$6,00634 (44%)$6,03313 (17%)$4,087
2016-1730 (42%)$7,97630 (42%)$7,10616 (23%)$1,631
2017-1827 (52%)$7,09327 (52%)$6,1755 (10%)$4,960
2018-1962 (87%)$4,68662 (87%)$4,53762 (87%)$149
2019-2039 (85%)$3,56139 (85%)$3,561--
2020-2135 (57%)$5,63935 (57%)$5,639--
2021-222 (4%)$6,2982 (4%)$6,298--
Average38 (56.56%)$5,50635 (52.89%)$5,39620 (27.50%)$2,285

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