Scholarships, Grants, and Loan Trends at Phagans Beauty

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 72, which is 78.33 % of all undergraduate students. 69 students which is 75.22% of undergraduate students received federal student loans and the average loan amount is $6,609.
For full-time, first-time beginning students (freshmen), 75.33% of students received grants or scholarships and 68% 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 Phagans Beauty College since 2013.
For that period, the average number of students who received grants aid/scholarships is 72, which is 78.33 % of all undergraduate students. 69 students which is 75.22% of undergraduate students received federal student loans and the average loan amount is $6,609.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1477 (91%)$6,08075 (88%)$5,07576 (89%)$6,934
2014-1575 (82%)$5,29273 (80%)$5,12273 (80%)$6,546
2015-1684 (89%)$4,97177 (82%)$4,97978 (83%)$5,270
2016-1776 (81%)$5,12271 (76%)$5,25880 (85%)$6,509
2017-1871 (82%)$5,56469 (79%)$5,18372 (83%)$7,037
2018-1969 (85%)$5,66265 (80%)$5,07665 (80%)$7,359
2019-2061 (64%)$4,83451 (54%)$4,87357 (60%)$6,276
2020-2162 (65%)$5,51258 (60%)$5,25163 (66%)$6,885
2021-2270 (66%)$5,32753 (50%)$5,24354 (51%)$6,663
Average72 (78.33%)$5,37466 (72.11%)$5,11869 (75.22%)$6,609

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

For the last 10 years, on average, 38 (75.33 % of students) received grants or scholarships and its average amount is $5,419. It can cover 30.44% of tuition & fees ($17,800).
In addition, 33 (67.67 % of students) students get helped from the students loans (average amount : $6,627).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1444 (90%)$6,21034 (69%)$8,056
2014-1534 (71%)$5,41436 (75%)$6,030
2015-1645 (94%)$4,71041 (85%)$5,011
2016-1739 (81%)$5,16639 (81%)$6,548
2017-1831 (79%)$5,70528 (72%)$6,781
2018-1938 (79%)$5,66834 (71%)$7,533
2019-2035 (65%)$5,64435 (65%)$6,496
2020-2132 (56%)$5,55830 (53%)$6,330
2021-2240 (63%)$4,69424 (38%)$6,861
Average38 (75.33%)$5,41933 (67.67%)$6,627
*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 (68.44 % of students) received Pell (federal) grants and its average amount is $5,187.
In addition, 6 students received State/local government grants/scholarships (11.56 % 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
2013-1443 (88%)$5,11919 (39%)$1397 (14%)$7,209--
2014-1533 (69%)$5,19116 (33%)$2173 (6%)$3,101--
2015-1638 (79%)$5,13112 (25%)$1896 (13%)$2,22110 (21%)$140
2016-1737 (77%)$5,19711 (23%)$2084 (8%)$1,4932 (4%)$479
2017-1831 (79%)$5,01910 (26%)$2274 (10%)$4,6722 (5%)$144
2018-1934 (71%)$4,9929 (19%)$3609 (19%)$4,5684 (8%)$325
2019-2033 (61%)$5,320--6 (11%)$3,6002 (4%)$200
2020-2129 (51%)$5,60415 (26%)$2472 (4%)$5,7211 (2%)$200
2021-2226 (41%)$5,11412 (19%)$24012 (19%)$4,3033 (5%)$100
Average34 (68.44%)$5,18713 (26.25%)$2286 (11.56%)$4,0993 (7.00%)$227
*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 (67.67 % 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
2013-1434 (69%)$8,05634 (69%)$8,056--
2014-1536 (75%)$6,03036 (75%)$6,030--
2015-1641 (85%)$5,01141 (85%)$5,011--
2016-1739 (81%)$6,54839 (81%)$6,548--
2017-1828 (72%)$6,78128 (72%)$6,781--
2018-1934 (71%)$7,53334 (71%)$7,533--
2019-2035 (65%)$6,49635 (65%)$6,496--
2020-2130 (53%)$6,33030 (53%)$6,330--
2021-2224 (38%)$6,86124 (38%)$6,861--
Average33 (67.67%)$6,62733 (67.67%)$6,627--
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