Over the past 9 years (2014-2022), the average number of students who received grants aid/scholarships is 23, which is 58.88 % of all undergraduate students. 22 students which is 55.43% of undergraduate students received federal student loans and the average loan amount is $6,811.

For full-time, first-time beginning students (freshmen), 88.25% of students received grants or scholarships and 92% 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 Beginnings Beauty Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 23, which is 58.88 % of all undergraduate students. 22 students which is 55.43% of undergraduate students received federal student loans and the average loan amount is $6,811.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-155 (13%)$2,3805 (13%)$2,380--
2015-1619 (51%)$4,30519 (51%)$4,30518 (49%)$5,715
2016-1737 (100%)$4,45337 (100%)$4,45312 (32%)$9,193
2017-1816 (48%)$5,42916 (48%)$5,42916 (48%)$4,515
2018-1918 (49%)$6,09518 (49%)$6,09518 (49%)$4,701
2019-2017 (43%)$3,38917 (43%)$3,38917 (43%)$5,672
2020-2139 (93%)$4,51939 (93%)$4,51939 (93%)$6,879
2021-2235 (74%)$6,49535 (74%)$6,49535 (74%)$11,000
Average23 (58.88%)$4,63323 (58.88%)$4,63322 (55.43%)$6,811
*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 9 years, on average, 21 (88.25 % of students) received grants or scholarships and its average amount is $4,703. It can cover 27.67% of tuition & fees ($17,000).

In addition, 22 (92.14 % of students) students get helped from the students loans (average amount : $6,885).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-155 (20%)$2,380--
2015-1619 (86%)$4,30518 (82%)$5,715
2016-1719 (100%)$4,49712 (63%)$9,193
2017-1816 (100%)$5,42916 (100%)$4,515
2018-1918 (100%)$6,09518 (100%)$4,701
2019-2017 (100%)$3,38917 (100%)$5,672
2020-2135 (100%)$5,03635 (100%)$7,397
2021-2235 (100%)$6,49535 (100%)$11,000
Average21 (88.25%)$4,70322 (92.14%)$6,885
*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 9 years, on average, 21 (88.25 % of students) received Pell (federal) grants and its average amount is $4,703.

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
2014-155 (20%)$2,380------
2015-1619 (86%)$4,305------
2016-1719 (100%)$4,497------
2017-1816 (100%)$5,429------
2018-1918 (100%)$6,095------
2019-2017 (100%)$3,389------
2020-2135 (100%)$5,036------
2021-2235 (100%)$6,495------
Average21 (88.25%)$4,703------
*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 9 years, on average, 22 (92.14 % of students) get any students loan help and its average loan amount is $22.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15------
2015-1618 (82%)$5,71518 (82%)$5,715--
2016-1712 (63%)$9,19312 (63%)$9,193--
2017-1816 (100%)$4,51516 (100%)$4,515--
2018-1918 (100%)$4,70118 (100%)$4,701--
2019-2017 (100%)$5,67217 (100%)$5,672--
2020-2135 (100%)$7,39735 (100%)$7,397--
2021-2235 (100%)$11,00035 (100%)$11,000--
Average22 (92.14%)$6,88522 (92.14%)$6,885--

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