Financial Aid at Modern Beauty Academy
Financial Aid Amount Received
$5,114 (36.01% of tuition)
Percent of Financial Aid Received
49% of 63 students
53 undergraduate students (49% of all students) have received grants, scholarships, and/or federal student loans at Modern Beauty Academy. The percentage of students who received financial aid lower compared to Private (for-profit), Less Than 2-Years Colleges in California.
Compared to similar schools in rankings such as American Academy of Dramatic Arts-Los Angeles and American Beauty College, the percentage of students who received financial aid is lower (the average of the schools is 72.11%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $5,114 and the average loan amount is $3,969. The average financial aid amount is 36.01% of tuition & fees (tuition & fees: $14,200).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 53 | 49% | $271,032 | $5,114 |
| Pell Grants | 53 | 49% | $263,432 | $4,970 |
| Federal Students Loans | 43 | 40% | $170,678 | $3,969 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 7 students have received one or more types of financial aid at Modern Beauty Academy.
The average amount of federal, state, local or institutional grant aid is $5,788 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,390.
The following table shows the financial data by type of aid at Modern Beauty Academy.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 8 | 53% | - | - |
| Grant or scholarship aid | 7 | 47% | $40,518 | $5,788 |
| Federal Grants | 7 | 47% | $40,518 | $5,788 |
| Pell Grants | 7 | 47% | $38,918 | $5,560 |
| Other Federal Grants | 4 | 27% | $1,600 | $400 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 0 | 0% | $0 | $0 |
| Student Loans | 5 | 33% | $21,949 | $4,390 |
| Federal Student Loans | 5 | 33% | $21,949 | $4,390 |
| Other Student Loans | 0 | 0% | $0 | $0 |