Scholarships, Grants, and Loan Trends at Hot Springs Beauty

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 58, which is 84.89 % of all undergraduate students. 51 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $6,254.
For full-time, first-time beginning students (freshmen), 86.00% of students received grants or scholarships and 77% 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 Hot Springs Beauty College since 2013.
For that period, the average number of students who received grants aid/scholarships is 58, which is 84.89 % of all undergraduate students. 51 students which is 72.78% of undergraduate students received federal student loans and the average loan amount is $6,254.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (86%)$5,58738 (86%)$5,58733 (75%)$5,500
2014-1560 (81%)$5,20058 (78%)$5,37948 (65%)$4,000
2015-1645 (100%)$3,83345 (100%)$3,83328 (62%)$10,321
2016-1754 (98%)$3,19454 (98%)$3,19453 (96%)$2,199
2017-1842 (89%)$4,04542 (89%)$4,04540 (85%)$5,753
2018-1934 (87%)$4,32434 (87%)$4,32426 (67%)$6,339
2019-2084 (88%)$4,92284 (88%)$4,43673 (76%)$6,837
2020-2189 (74%)$5,23289 (74%)$5,23281 (68%)$7,238
2021-2276 (61%)$6,30575 (60%)$6,25676 (61%)$8,103
Average58 (84.89%)$4,73858 (84.44%)$4,69851 (72.78%)$6,254

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

For the last 10 years, on average, 11 (86.00 % of students) received grants or scholarships and its average amount is $5,371. It can cover 34.10% of tuition & fees ($15,750).
In addition, 10 (76.89 % of students) students get helped from the students loans (average amount : $5,658).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411 (92%)$4,75011 (92%)$4,500
2014-159 (82%)$5,5009 (82%)$5,000
2015-166 (100%)$4,4004 (67%)$4,001
2016-176 (86%)$4,6155 (71%)$5,295
2017-186 (75%)$5,5387 (88%)$6,200
2018-197 (78%)$4,9716 (67%)$4,611
2019-2019 (90%)$6,41116 (76%)$5,969
2020-2114 (88%)$6,03612 (75%)$7,245
2021-2219 (83%)$6,12017 (74%)$8,102
Average11 (86.00%)$5,37110 (76.89%)$5,658
*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, 11 (86.00 % of students) received Pell (federal) grants and its average amount is $5,294.
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
2013-1411 (92%)$4,750------
2014-159 (82%)$5,500------
2015-166 (100%)$4,400------
2016-176 (86%)$4,615------
2017-186 (75%)$5,538------
2018-197 (78%)$4,971------
2019-2019 (90%)$5,71711 (52%)$1,199----
2020-2114 (88%)$6,036------
2021-2219 (83%)$6,120------
Average11 (86.00%)$5,29411 (52.00%)$1,199----
*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, 10 (76.89 % of students) get any students loan help and its average loan amount is $10.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1411 (92%)$4,50011 (92%)$4,500--
2014-159 (82%)$5,0009 (82%)$5,000--
2015-164 (67%)$4,0014 (67%)$4,001--
2016-175 (71%)$5,2955 (71%)$5,295--
2017-187 (88%)$6,2007 (88%)$6,200--
2018-196 (67%)$4,6116 (67%)$4,611--
2019-2016 (76%)$5,96916 (76%)$5,969--
2020-2112 (75%)$7,24512 (75%)$7,245--
2021-2217 (74%)$8,10217 (74%)$8,102--
Average10 (76.89%)$5,65810 (76.89%)$5,658--
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