Scholarships, Grants, and Loan Trends at Educators of Beauty College of Cosmetology-Rockford

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 62, which is 61.00 % of all undergraduate students. 55 students which is 54.44% of undergraduate students received federal student loans and the average loan amount is $8,142.
For full-time, first-time beginning students (freshmen), 73.00% of students received grants or scholarships and 73% 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 Educators of Beauty College of Cosmetology-Rockford since 2013.
For that period, the average number of students who received grants aid/scholarships is 62, which is 61.00 % of all undergraduate students. 55 students which is 54.44% of undergraduate students received federal student loans and the average loan amount is $8,142.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1464 (60%)$5,73364 (60%)$5,62548 (45%)$11,979
2014-1551 (50%)$6,35347 (46%)$5,73047 (46%)$11,784
2015-1663 (61%)$4,88460 (58%)$5,06759 (57%)$9,414
2016-1745 (35%)$3,80945 (35%)$3,80926 (20%)$8,393
2017-1881 (68%)$3,93781 (68%)$3,93772 (60%)$5,674
2018-1971 (70%)$3,94671 (70%)$3,94665 (64%)$6,269
2019-2052 (66%)$4,28952 (66%)$4,28947 (59%)$5,868
2020-2162 (70%)$4,60262 (70%)$4,60265 (74%)$6,442
2021-2272 (69%)$5,04472 (69%)$5,04468 (65%)$7,454
Average62 (61.00%)$4,73362 (60.22%)$4,67255 (54.44%)$8,142

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

For the last 10 years, on average, 33 (73.00 % of students) received grants or scholarships and its average amount is $4,475. It can cover 22.95% of tuition & fees ($19,500).
In addition, 33 (72.89 % of students) students get helped from the students loans (average amount : $8,037).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1431 (86%)$4,83927 (75%)$11,111
2014-1522 (79%)$5,27220 (71%)$11,781
2015-1627 (75%)$3,91429 (81%)$7,609
2016-1717 (22%)$5,53913 (16%)$11,107
2017-1842 (74%)$3,76345 (79%)$5,931
2018-1940 (83%)$3,63137 (77%)$5,969
2019-2024 (77%)$3,93725 (81%)$6,504
2020-2139 (83%)$4,66743 (91%)$6,111
2021-2251 (78%)$4,71255 (85%)$6,213
Average33 (73.00%)$4,47533 (72.89%)$8,037
*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, 33 (73.00 % of students) received Pell (federal) grants and its average amount is $4,475.
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 (86%)$4,839------
2014-1522 (79%)$5,272------
2015-1627 (75%)$3,914------
2016-1717 (22%)$5,539------
2017-1842 (74%)$3,763------
2018-1940 (83%)$3,631------
2019-2024 (77%)$3,937------
2020-2139 (83%)$4,667------
2021-2251 (78%)$4,712------
Average33 (73.00%)$4,475------
*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, 33 (72.89 % of students) get any students loan help and its average loan amount is $33.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1427 (75%)$11,11127 (75%)$11,111--
2014-1520 (71%)$11,78120 (71%)$11,781--
2015-1629 (81%)$7,60929 (81%)$7,609--
2016-1713 (16%)$11,10713 (16%)$11,107--
2017-1845 (79%)$5,93145 (79%)$5,931--
2018-1937 (77%)$5,96937 (77%)$5,969--
2019-2025 (81%)$6,50425 (81%)$6,504--
2020-2143 (91%)$6,11143 (91%)$6,111--
2021-2255 (85%)$6,21355 (85%)$6,213--
Average33 (72.89%)$8,03733 (72.89%)$8,037--
Most Searched Illinois Colleges (last 30 days)
Related Articles and Ads