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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 171, which is 66.44 % of all undergraduate students. 164 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $7,876.
For full-time, first-time beginning students (freshmen), 82.89% of students received grants or scholarships and 82% 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-Springfield since 2013.
For that period, the average number of students who received grants aid/scholarships is 171, which is 66.44 % of all undergraduate students. 164 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $7,876.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14223 (65%)$3,996222 (65%)$3,916223 (65%)$7,567
2014-15215 (64%)$4,274210 (63%)$4,211228 (68%)$7,633
2015-16159 (60%)$4,139157 (59%)$4,024187 (70%)$7,067
2016-17163 (73%)$4,491159 (71%)$4,361178 (79%)$7,865
2017-18162 (74%)$4,277160 (73%)$4,141138 (63%)$8,306
2018-19160 (70%)$4,272160 (70%)$4,062137 (60%)$8,222
2019-20143 (62%)$4,568139 (60%)$3,934117 (50%)$8,041
2020-21147 (67%)$4,853143 (65%)$4,319115 (52%)$8,448
2021-22165 (63%)$5,131161 (62%)$4,169150 (57%)$7,739
Average171 (66.44%)$4,445168 (65.33%)$4,126164 (62.67%)$7,876

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

For the last 10 years, on average, 54 (82.89 % of students) received grants or scholarships and its average amount is $4,952. It can cover 29.13% of tuition & fees ($17,000).
In addition, 53 (81.67 % of students) students get helped from the students loans (average amount : $8,987).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1483 (93%)$4,75489 (100%)$8,757
2014-1575 (86%)$4,60978 (90%)$9,422
2015-1649 (89%)$4,68546 (84%)$10,192
2016-1739 (91%)$5,20540 (93%)$9,873
2017-1850 (94%)$5,36252 (98%)$8,372
2018-1944 (92%)$5,11747 (98%)$8,309
2019-2052 (71%)$4,81543 (59%)$8,437
2020-2155 (80%)$4,92542 (61%)$9,084
2021-2241 (50%)$5,10043 (52%)$8,441
Average54 (82.89%)$4,95253 (81.67%)$8,987
*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, 53 (81.56 % of students) received Pell (federal) grants and its average amount is $4,683.
In addition, 3 students received State/local government grants/scholarships (3.80 % 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
2013-1482 (92%)$4,64027 (30%)$272--30 (34%)$225
2014-1572 (83%)$4,53514 (16%)$2688 (9%)$1,00018 (21%)$411
2015-1648 (87%)$4,5439 (16%)$3751 (2%)$1,00013 (24%)$548
2016-1739 (91%)$4,73617 (40%)$4101 (2%)$1,00022 (51%)$469
2017-1850 (94%)$5,00720 (38%)$405--21 (40%)$458
2018-1944 (92%)$4,75424 (50%)$3751 (2%)$1,00024 (50%)$250
2019-2050 (68%)$4,51023 (32%)$3823 (4%)$1,00028 (38%)$468
2020-2154 (78%)$4,66618 (26%)$550--9 (13%)$1,000
2021-2240 (49%)$4,76015 (18%)$375--17 (21%)$769
Average53 (81.56%)$4,68319 (29.56%)$3793 (3.80%)$1,00020 (32.44%)$511
*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, 53 (81.67 % of students) get any students loan help and its average loan amount is $53.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1489 (100%)$8,75789 (100%)$8,757--
2014-1578 (90%)$9,42278 (90%)$9,422--
2015-1646 (84%)$10,19246 (84%)$10,192--
2016-1740 (93%)$9,87340 (93%)$9,873--
2017-1852 (98%)$8,37252 (98%)$8,372--
2018-1947 (98%)$8,30947 (98%)$8,309--
2019-2043 (59%)$8,43743 (59%)$8,2912 (3%)$3,147
2020-2142 (61%)$9,08442 (61%)$8,7265 (7%)$3,006
2021-2243 (52%)$8,44143 (52%)$7,53420 (24%)$1,950
Average53 (81.67%)$8,98753 (81.67%)$8,8319 (11.33%)$2,701
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