Scholarships, Grants, and Loan Trends at Empire Beauty School-E Memphis

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 156, which is 70.78 % of all undergraduate students. 137 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $8,124.
For full-time, first-time beginning students (freshmen), 86.00% of students received grants or scholarships and 84% 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 Empire Beauty School-E Memphis since 2013.
For that period, the average number of students who received grants aid/scholarships is 156, which is 70.78 % of all undergraduate students. 137 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $8,124.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14195 (78%)$3,421193 (78%)$3,389170 (68%)$8,058
2014-15184 (74%)$3,984180 (73%)$3,927162 (66%)$8,644
2015-16157 (76%)$4,245153 (74%)$4,148140 (68%)$8,636
2016-17135 (82%)$4,388133 (81%)$4,216125 (76%)$8,022
2017-18123 (62%)$4,147120 (61%)$4,150107 (54%)$8,135
2018-19126 (68%)$4,398123 (67%)$4,255106 (58%)$8,115
2019-20155 (67%)$4,501150 (65%)$3,681136 (59%)$7,762
2020-21129 (60%)$3,928128 (59%)$3,766110 (51%)$8,152
2021-22197 (70%)$4,536190 (68%)$3,700176 (63%)$7,591
Average156 (70.78%)$4,172152 (69.56%)$3,915137 (62.56%)$8,124

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

For the last 10 years, on average, 37 (86.00 % of students) received grants or scholarships and its average amount is $4,852. It can cover 28.30% of tuition & fees ($17,145).
In addition, 35 (83.78 % of students) students get helped from the students loans (average amount : $9,059).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (95%)$4,59138 (95%)$9,834
2014-1532 (76%)$4,97836 (86%)$10,544
2015-1640 (93%)$5,19839 (91%)$10,067
2016-1730 (94%)$4,75931 (97%)$9,298
2017-1828 (93%)$5,28229 (97%)$8,232
2018-1934 (97%)$5,02335 (100%)$8,574
2019-2044 (77%)$4,55237 (65%)$8,248
2020-2142 (88%)$4,45237 (77%)$8,059
2021-2249 (61%)$4,83237 (46%)$8,674
Average37 (86.00%)$4,85235 (83.78%)$9,059
*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, 37 (85.56 % of students) received Pell (federal) grants and its average amount is $4,677.
In addition, 2 students received State/local government grants/scholarships (4.00 % of students).
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
2013-1437 (93%)$4,52419 (48%)$268--20 (50%)$100
2014-1532 (76%)$4,75213 (31%)$2882 (5%)$1,00014 (33%)$107
2015-1640 (93%)$5,01712 (28%)$375--15 (35%)$183
2016-1730 (94%)$4,34612 (38%)$4311 (3%)$2,50013 (41%)$363
2017-1828 (93%)$5,1119 (30%)$400--9 (30%)$133
2018-1934 (97%)$4,81014 (40%)$338--15 (43%)$167
2019-2043 (75%)$4,46817 (30%)$357--17 (30%)$124
2020-2142 (88%)$4,3496 (13%)$550--1 (2%)$1,000
2021-2249 (61%)$4,7209 (11%)$375--10 (13%)$213
Average37 (85.56%)$4,67712 (29.89%)$3762 (4.00%)$1,75013 (30.78%)$266
*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, 35 (83.78 % of students) get any students loan help and its average loan amount is $35.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1438 (95%)$9,83438 (95%)$9,834--
2014-1536 (86%)$10,54436 (86%)$10,544--
2015-1639 (91%)$10,06739 (91%)$10,067--
2016-1731 (97%)$9,29831 (97%)$9,298--
2017-1829 (97%)$8,23229 (97%)$8,232--
2018-1935 (100%)$8,57435 (100%)$8,574--
2019-2037 (65%)$8,24837 (65%)$7,8784 (7%)$3,416
2020-2137 (77%)$8,05937 (77%)$8,0201 (2%)$1,415
2021-2237 (46%)$8,67436 (45%)$8,12521 (26%)$1,355
Average35 (83.78%)$9,05935 (83.67%)$8,9529 (11.67%)$2,062
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