For the academic year 2022-2023, total 27 full-time, first-time students (84% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 56 students (71% of all students) received grants or scholarships and the average grant amount is $3,969. In addition, 53 students received student loans and the average loan amount is $5,068.
Below tables show the number and amount by source of financial aid at Formations Institute of Cosmetology & Barbering.
For all undergraduate students, total 56 students (71% of all students) received grants or scholarships and the average grant amount is $3,969. In addition, 53 students received student loans and the average loan amount is $5,068.
Below tables show the number and amount by source of financial aid at Formations Institute of Cosmetology & Barbering.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 56 | 71% | $3,969 |
| Pell Grants | 52 | 66% | $3,916 |
| Federal Student Loans | 53 | 67% | $5,068 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 27 | 84% | - |
| Grants or Scholarship from All Sources | 23 | 72% | $4,421 |
| Federal Grants | 21 | 66% | $4,425 |
| Pell Grants | 21 | 66% | $4,425 |
| Other Federal Grants | 0 | 0% | $0 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 4 | 13% | $2,188 |
| Student Loans | 20 | 63% | $4,663 |
| Federal Student Loans | 20 | 63% | $4,663 |
| Other Student Loans | 0 | 0% | $0 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
Know more about Formations Institute of Cosmetology & Barbering
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