Scholarships, Grants, and Loan Trends at Arnolds Beauty School

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 79, which is 85.00 % of all undergraduate students. 29 students which is 31.67% of undergraduate students received federal student loans and the average loan amount is $5,162.
For full-time, first-time beginning students (freshmen), 91.00% of students received grants or scholarships and 31% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Arnolds Beauty School since 2013.
For that period, the average number of students who received grants aid/scholarships is 79, which is 85.00 % of all undergraduate students. 29 students which is 31.67% of undergraduate students received federal student loans and the average loan amount is $5,162.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1474 (72%)$5,93165 (63%)$3,94330 (29%)$5,849
2014-1576 (81%)$6,13558 (62%)$4,00129 (31%)$5,483
2015-1664 (72%)$6,10646 (52%)$4,01132 (36%)$6,207
2016-1778 (98%)$4,39045 (56%)$3,71727 (34%)$5,083
2017-1861 (73%)$5,75254 (64%)$4,23919 (23%)$4,830
2018-1975 (84%)$5,14037 (42%)$4,53737 (42%)$6,250
2019-2082 (92%)$5,26871 (80%)$2,88532 (36%)$4,273
2020-2198 (97%)$4,41652 (51%)$4,59232 (32%)$2,920
2021-22106 (96%)$5,08951 (46%)$5,04524 (22%)$5,567
Average79 (85.00%)$5,35953 (57.33%)$4,10829 (31.67%)$5,162

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 40 (91.00 % of students) received grants or scholarships and its average amount is $5,060. It can cover 30.21% of tuition & fees ($16,750).
In addition, 13 (30.56 % of students) students get helped from the students loans (average amount : $5,801).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (84%)$5,55412 (27%)$8,644
2014-1534 (83%)$5,43715 (37%)$5,829
2015-1633 (75%)$4,85513 (30%)$7,808
2016-1741 (95%)$4,67919 (44%)$4,702
2017-1843 (96%)$5,46610 (22%)$4,516
2018-1933 (94%)$5,01415 (43%)$7,227
2019-2048 (92%)$5,03018 (35%)$7,596
2020-2146 (100%)$4,56713 (28%)$2,920
2021-2244 (100%)$4,9364 (9%)$2,969
Average40 (91.00%)$5,06013 (30.56%)$5,801
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 29 (64.44 % of students) received Pell (federal) grants and its average amount is $4,269.
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1431 (69%)$4,7233 (7%)$876--31 (69%)$2,000
2014-1526 (63%)$4,4701 (2%)$628--34 (83%)$2,000
2015-1626 (59%)$4,008----28 (64%)$2,000
2016-1730 (70%)$3,7213 (7%)$743--39 (91%)$2,000
2017-1838 (84%)$3,8089 (20%)$437--36 (80%)$2,400
2018-1919 (54%)$5,5357 (20%)$613--20 (57%)$2,800
2019-2041 (79%)$2,8347 (13%)$750--48 (92%)$2,500
2020-2128 (61%)$4,5921 (2%)$500--27 (59%)$3,000
2021-2218 (41%)$4,733----44 (100%)$3,000
Average29 (64.44%)$4,2694 (10.14%)$650--34 (77.22%)$2,411
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 13 (30.56 % of students) get any students loan help and its average loan amount is $13.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1412 (27%)$8,64412 (27%)$8,644--
2014-1515 (37%)$5,82915 (37%)$5,829--
2015-1613 (30%)$7,80813 (30%)$7,808--
2016-1719 (44%)$4,70219 (44%)$4,702--
2017-1810 (22%)$4,51610 (22%)$4,516--
2018-1915 (43%)$7,22715 (43%)$7,227--
2019-2018 (35%)$7,59618 (35%)$7,596--
2020-2113 (28%)$2,92013 (28%)$2,920--
2021-224 (9%)$2,9694 (9%)$2,969--
Average13 (30.56%)$5,80113 (30.56%)$5,801--
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