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How many students are received the students loans at Formations Institute of Cosmetology & Barbering?

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For the academic year 2022-2023, total 20 full-time, first-time students (63% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 53 students (67% of all students) have received federal student loans and the average loan amount is $5,068 at Formations Institute of Cosmetology & Barbering.

Below tables show the number and amount by source of financial aid at Formations Institute of Cosmetology & Barbering.
All Undergraduate Student Financial Aid at Formations Institute of Cosmetology & Barbering
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid5671%$3,969
Pell Grants5266%$3,916
Federal Student Loans5367%$5,068
Beginning Students (Freshmen) Financial Aid at Formations Institute of Cosmetology & Barbering
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid2784%-
Grants or Scholarship from All Sources2372%$4,421
Federal Grants2166%$4,425
Pell Grants2166%$4,425
Other Federal Grants00%$0
State/Local Grants00%$0
Institutional Grants413%$2,188
Student Loans2063%$4,663
Federal Student Loans2063%$4,663
Other Student Loans00%$0
see more grants, scholarship, student loans, and other financial aid stats

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

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