Scholarships, Grants, and Loan Trends at Empire Beauty School-Richmond

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 100, which is 67.00 % of all undergraduate students. 89 students which is 59.78% of undergraduate students received federal student loans and the average loan amount is $8,592.
For full-time, first-time beginning students (freshmen), 73.22% of students received grants or scholarships and 75% 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-Richmond since 2013.
For that period, the average number of students who received grants aid/scholarships is 100, which is 67.00 % of all undergraduate students. 89 students which is 59.78% of undergraduate students received federal student loans and the average loan amount is $8,592.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14166 (79%)$3,588165 (79%)$3,557151 (72%)$8,255
2014-15141 (80%)$4,602140 (80%)$4,580125 (71%)$8,896
2015-16107 (75%)$4,571104 (73%)$4,463103 (72%)$9,812
2016-17124 (79%)$4,772123 (79%)$4,656116 (74%)$9,384
2017-1862 (56%)$4,34060 (55%)$4,39852 (47%)$8,390
2018-1970 (58%)$4,36570 (58%)$4,17666 (55%)$8,209
2019-2089 (64%)$4,80287 (62%)$4,28074 (53%)$8,250
2020-2171 (57%)$4,67167 (54%)$4,25162 (50%)$7,992
2021-2266 (55%)$5,24264 (53%)$4,58353 (44%)$8,140
Average100 (67.00%)$4,55098 (65.89%)$4,32789 (59.78%)$8,592

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

For the last 10 years, on average, 34 (73.22 % of students) received grants or scholarships and its average amount is $4,815. It can cover 25.68% of tuition & fees ($18,750).
In addition, 35 (75.22 % of students) students get helped from the students loans (average amount : $9,305).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1448 (86%)$4,33749 (88%)$9,135
2014-1540 (89%)$4,84343 (96%)$10,482
2015-1630 (73%)$4,99833 (80%)$11,031
2016-1736 (77%)$5,27941 (87%)$10,695
2017-1832 (84%)$4,88035 (92%)$8,530
2018-1926 (74%)$5,27528 (80%)$8,214
2019-2039 (64%)$4,42733 (54%)$8,468
2020-2129 (55%)$4,67029 (55%)$8,255
2021-2230 (57%)$4,62924 (45%)$8,938
Average34 (73.22%)$4,81535 (75.22%)$9,305
*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, 34 (72.22 % of students) received Pell (federal) grants and its average amount is $4,706.
In addition, 2 students received State/local government grants/scholarships (2.50 % 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
2013-1448 (86%)$4,25012 (21%)$263--12 (21%)$88
2014-1539 (87%)$4,8899 (20%)$233--10 (22%)$95
2015-1629 (71%)$4,77320 (49%)$3601 (2%)$1,00021 (51%)$158
2016-1736 (77%)$5,00414 (30%)$370--14 (30%)$338
2017-1832 (84%)$4,7656 (16%)$338--7 (18%)$239
2018-1926 (74%)$5,02114 (40%)$354--14 (40%)$118
2019-2037 (61%)$4,43911 (18%)$3682 (3%)$1,00012 (20%)$196
2020-2129 (55%)$4,5357 (13%)$557----
2021-2229 (55%)$4,6757 (13%)$354--7 (13%)$118
Average34 (72.22%)$4,70611 (24.44%)$3552 (2.50%)$1,00012 (26.88%)$169
*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 (75.22 % 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
2013-1449 (88%)$9,13549 (88%)$9,135--
2014-1543 (96%)$10,48243 (96%)$10,482--
2015-1633 (80%)$11,03133 (80%)$11,031--
2016-1741 (87%)$10,69541 (87%)$10,695--
2017-1835 (92%)$8,53035 (92%)$8,530--
2018-1928 (80%)$8,21428 (80%)$8,214--
2019-2033 (54%)$8,46833 (54%)$7,9244 (7%)$4,485
2020-2129 (55%)$8,25529 (55%)$7,7505 (9%)$2,929
2021-2224 (45%)$8,93823 (43%)$8,45714 (26%)$1,429
Average35 (75.22%)$9,30535 (75.00%)$9,1358 (14.00%)$2,948
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