Scholarships, Grants, and Loan Trends at Phagans School of Beauty

Over the past 11 years (2013-2023), the average number of students who received grants aid/scholarships is 62, which is 82.10 % of all undergraduate students. 58 students which is 75.90% of undergraduate students received federal student loans and the average loan amount is $6,337.
For full-time, first-time beginning students (freshmen), 80.30% of students received grants or scholarships and 73% 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 School of Beauty since 2013.
For that period, the average number of students who received grants aid/scholarships is 62, which is 82.10 % of all undergraduate students. 58 students which is 75.90% of undergraduate students received federal student loans and the average loan amount is $6,337.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1479 (92%)$5,50379 (92%)$5,01274 (86%)$6,203
2014-1573 (91%)$5,44072 (90%)$5,26271 (89%)$5,930
2015-1647 (85%)$5,38347 (85%)$4,97447 (85%)$5,280
2016-1746 (92%)$5,11342 (84%)$5,01836 (72%)$6,494
2017-1848 (80%)$5,16647 (78%)$4,75846 (77%)$6,753
2018-1959 (83%)$5,27757 (80%)$5,18160 (85%)$7,507
2019-2066 (75%)$4,97162 (70%)$4,84365 (74%)$7,036
2020-2176 (75%)$5,96773 (72%)$5,40365 (64%)$6,807
2021-2271 (76%)$3,55961 (65%)$4,00359 (63%)$4,506
2022-2358 (72%)$5,73153 (65%)$5,71852 (64%)$6,850
Average62 (82.10%)$5,21159 (78.10%)$5,01758 (75.90%)$6,337

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

For the last 11 years, on average, 36 (80.30 % of students) received grants or scholarships and its average amount is $5,250. It can cover 29.49% of tuition & fees ($17,800).
In addition, 32 (72.60 % of students) students get helped from the students loans (average amount : $6,296).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1440 (89%)$5,38137 (82%)$5,152
2014-1541 (87%)$5,33841 (87%)$4,958
2015-1619 (79%)$5,03819 (79%)$5,102
2016-1732 (89%)$4,96722 (61%)$5,872
2017-1825 (74%)$4,84125 (74%)$6,353
2018-1944 (88%)$5,31742 (84%)$7,817
2019-2034 (68%)$5,62033 (66%)$7,767
2020-2144 (77%)$5,92639 (68%)$6,306
2021-2245 (76%)$4,57136 (61%)$6,853
2022-2334 (76%)$5,50129 (64%)$6,784
Average36 (80.30%)$5,25032 (72.60%)$6,296
*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 11 years, on average, 34 (76.30 % of students) received Pell (federal) grants and its average amount is $5,149.
In addition, 3 students received State/local government grants/scholarships (6.00 % 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
2013-1439 (87%)$4,90722 (49%)$2075 (11%)$3,863--
2014-1541 (87%)$5,18521 (45%)$2261 (2%)$1,0001 (2%)$503
2015-1619 (79%)$4,8389 (38%)$387--1 (4%)$313
2016-1729 (81%)$4,70223 (64%)$3536 (17%)$2,1305 (14%)$337
2017-1825 (74%)$4,5726 (18%)$5731 (3%)$2,2506 (18%)$172
2018-1942 (84%)$5,21020 (40%)$2822 (4%)$4,6442 (4%)$100
2019-2034 (68%)$5,396--2 (4%)$3,7501 (2%)$100
2020-2143 (75%)$5,53418 (32%)$2664 (7%)$4,3753 (5%)$167
2021-2236 (61%)$5,49812 (20%)$2361 (2%)$3,50012 (20%)$117
2022-2330 (67%)$5,64921 (47%)$2232 (4%)$6,1924 (9%)$125
Average34 (76.30%)$5,14917 (39.22%)$3063 (6.00%)$3,5234 (8.67%)$215
*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 11 years, on average, 32 (72.60 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1437 (82%)$5,15237 (82%)$5,152--
2014-1541 (87%)$4,95841 (87%)$4,958--
2015-1619 (79%)$5,10219 (79%)$5,102--
2016-1722 (61%)$5,87222 (61%)$5,872--
2017-1825 (74%)$6,35325 (74%)$6,353--
2018-1942 (84%)$7,81742 (84%)$7,817--
2019-2033 (66%)$7,76733 (66%)$7,767--
2020-2139 (68%)$6,30639 (68%)$6,306--
2021-2236 (61%)$6,85336 (61%)$6,853--
2022-2329 (64%)$6,78429 (64%)$6,784--
Average32 (72.60%)$6,29632 (72.60%)$6,296--
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