Financial Aid at Modern Beauty Academy
Financial Aid Amount Received
$6,277 (41.30% of tuition)
Percent of Financial Aid Received
34% of 90 students
29 undergraduate students (28% 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 Beauty College and Associated Technical College-Los Angeles, the percentage of students who received financial aid is lower (the average of the schools is 73.13%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,994 and the average loan amount is $4,560. The average financial aid amount is 41.30% of tuition & fees (tuition & fees: $15,200).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 29 | 28% | $144,838 | $4,994 |
| Pell Grants | 29 | 28% | $142,438 | $4,912 |
| Federal Students Loans | 27 | 26% | $123,117 | $4,560 |
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), 4 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 $5,515 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,500.
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 | 5 | 18% | - | - |
| Grant or scholarship aid | 4 | 14% | $22,058 | $5,515 |
| Federal Grants | 4 | 14% | $22,058 | $5,515 |
| Pell Grants | 4 | 14% | $21,258 | $5,315 |
| Other Federal Grants | 2 | 7% | $800 | $400 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 0 | 0% | $0 | - |
| Student Loans | 4 | 14% | $22,000 | $5,500 |
| Federal Student Loans | 4 | 14% | $22,000 | $5,500 |
| Other Student Loans | 0 | 0% | $0 | - |