Financial Aid at New Beginning College of Cosmetology
Financial Aid Amount Received
$4,280 (35.23% of tuition & fees)
Percent of Financial Aid Received
65% of 57 students
Data source: National Center for Education Statistics
All Undergraduate Students Financial Aid
85 undergraduate students (65% of all students) have received grants, scholarships, and/or federal student loans at New Beginning College of Cosmetology. The percentage of students who received financial aid average compared to Private (for-profit), Less Than 2-Years Colleges in Alabama.
Compare to similar schools in rankings such as University of Alabama System Office and Alabama State College of Barber Styling, the percentage of students who received financial aid is higher (the average of the schools is 72.57%).
The average amount of grants of scholarship aid is $4,280 and the average loan amount is $5,698. The average financial aid amount is 35.23% of tuition & fees (tuition & fees: $12,150).
Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 85 | 65% | $363,806 | $4,280 |
| Pell Grants | 85 | 65% | $360,056 | $4,236 |
| Federal Students Loans | 85 | 65% | $484,371 | $5,698 |
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), 37 students have received one or more types of financial aid at New Beginning College of Cosmetology.
The average amount of federal, state, local or institutional grant aid is $4,388 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,639.
The following table shows the financial data by type of aid at New Beginning College of Cosmetology.
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 | 47 | 77% | - | - |
| Grant or scholarship aid | 37 | 61% | $162,357 | $4,388 |
| Federal Grants | 37 | 61% | $158,607 | $4,287 |
| Pell Grants | 37 | 61% | $158,607 | $4,287 |
| Other Federal Grants | 0 | 0% | $0 | $0 |
| State/Local Grants | 3 | 5% | $3,750 | $1,250 |
| Institutional Grants | 0 | 0% | $0 | $0 |
| Student Loans | 35 | 57% | $197,355 | $5,639 |
| Federal Student Loans | 35 | 57% | $197,355 | $5,639 |
| Other Student Loans | 0 | 0% | $0 | $0 |