Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 53, which is 60.11 % of all undergraduate students. 58 students which is 65.56% of undergraduate students received federal student loans and the average loan amount is $7,643.

For full-time, first-time beginning students (freshmen), 63.11% of students received grants or scholarships and 73% 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 Pinnacle Institute of Cosmetology since 2013.

For that period, the average number of students who received grants aid/scholarships is 53, which is 60.11 % of all undergraduate students. 58 students which is 65.56% of undergraduate students received federal student loans and the average loan amount is $7,643.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1484 (69%)$3,89473 (60%)$4,118100 (82%)$6,706
2014-1558 (55%)$3,91158 (55%)$3,91178 (74%)$6,264
2015-1661 (64%)$3,86961 (64%)$3,86956 (59%)$8,349
2016-1760 (68%)$3,63059 (67%)$3,65154 (61%)$7,704
2017-1856 (67%)$4,11056 (67%)$4,11047 (56%)$7,199
2018-1947 (67%)$4,66047 (67%)$4,66052 (74%)$8,339
2019-2039 (54%)$4,05539 (54%)$4,05549 (68%)$6,829
2020-2131 (44%)$4,96731 (44%)$4,96740 (56%)$8,178
2021-2242 (53%)$5,17742 (53%)$5,17748 (60%)$9,220
Average53 (60.11%)$4,25352 (59.00%)$4,28058 (65.56%)$7,643
*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, 23 (63.11 % of students) received grants or scholarships and its average amount is $4,618. It can cover 22.95% of tuition & fees ($20,125).

In addition, 26 (73.33 % of students) students get helped from the students loans (average amount : $7,386).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1449 (69%)$4,19457 (80%)$6,626
2014-1545 (57%)$4,19457 (72%)$6,550
2015-1625 (71%)$4,52427 (77%)$7,480
2016-1717 (59%)$3,71822 (76%)$7,227
2017-1822 (85%)$4,81117 (65%)$7,382
2018-1916 (80%)$5,11318 (90%)$7,918
2019-208 (47%)$6,07015 (88%)$7,100
2020-217 (44%)$3,5599 (56%)$6,833
2021-2214 (56%)$5,38314 (56%)$9,357
Average23 (63.11%)$4,61826 (73.33%)$7,386
*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, 22 (62.44 % of students) received Pell (federal) grants and its average amount is $4,628.

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
2013-1445 (63%)$4,278----13 (18%)$1,000
2014-1545 (57%)$4,194------
2015-1625 (71%)$4,524------
2016-1717 (59%)$3,718------
2017-1822 (85%)$4,811------
2018-1916 (80%)$5,113------
2019-208 (47%)$6,070------
2020-217 (44%)$3,559------
2021-2214 (56%)$5,383------
Average22 (62.44%)$4,628----13 (18.00%)$1,000
*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, 26 (73.33 % of students) get any students loan help and its average loan amount is $26.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1457 (80%)$6,62657 (80%)$6,626--
2014-1557 (72%)$6,55057 (72%)$6,550--
2015-1627 (77%)$7,48027 (77%)$7,480--
2016-1722 (76%)$7,22722 (76%)$7,227--
2017-1817 (65%)$7,38217 (65%)$7,382--
2018-1918 (90%)$7,91818 (90%)$7,918--
2019-2015 (88%)$7,10015 (88%)$7,100--
2020-219 (56%)$6,8339 (56%)$6,833--
2021-2214 (56%)$9,35714 (56%)$9,357--
Average26 (73.33%)$7,38626 (73.33%)$7,386--

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