Scholarships, Grants, and Loan Trends at Phagans School of Hair Design

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 183, which is 73.22 % of all undergraduate students. 173 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $6,576.
For full-time, first-time beginning students (freshmen), 81.78% of students received grants or scholarships and 78% 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 Hair Design since 2013.
For that period, the average number of students who received grants aid/scholarships is 183, which is 73.22 % of all undergraduate students. 173 students which is 69.67% of undergraduate students received federal student loans and the average loan amount is $6,576.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14219 (85%)$5,080219 (85%)$4,950241 (93%)$7,750
2014-15193 (83%)$5,193191 (82%)$5,046220 (94%)$7,719
2015-16157 (67%)$3,852156 (67%)$3,804136 (58%)$6,016
2016-17164 (70%)$4,191155 (67%)$3,930162 (70%)$6,256
2017-18137 (65%)$4,372127 (60%)$4,405134 (64%)$6,963
2018-19165 (67%)$4,443160 (65%)$4,098178 (72%)$6,121
2019-20188 (80%)$4,926152 (64%)$4,284151 (64%)$5,896
2020-21176 (67%)$5,965133 (51%)$5,060151 (58%)$6,274
2021-22252 (75%)$4,990187 (56%)$4,428182 (54%)$6,192
Average183 (73.22%)$4,779164 (66.33%)$4,445173 (69.67%)$6,576

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

For the last 10 years, on average, 68 (81.78 % of students) received grants or scholarships and its average amount is $4,985. It can cover 26.24% of tuition & fees ($19,000).
In addition, 62 (78.44 % of students) students get helped from the students loans (average amount : $6,241).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1451 (85%)$5,47557 (95%)$7,096
2014-1536 (73%)$4,99248 (98%)$6,778
2015-1640 (75%)$3,69742 (79%)$5,556
2016-1746 (92%)$4,37840 (80%)$6,014
2017-1852 (79%)$4,53254 (82%)$6,755
2018-1962 (76%)$5,08355 (67%)$5,649
2019-20124 (86%)$4,85493 (65%)$5,840
2020-2195 (91%)$5,92671 (68%)$6,229
2021-22104 (79%)$5,92894 (72%)$6,251
Average68 (81.78%)$4,98562 (78.44%)$6,241
*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, 57 (72.11 % of students) received Pell (federal) grants and its average amount is $4,722.
In addition, 2 students received State/local government grants/scholarships (2.71 % 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
2013-1451 (85%)$5,372--3 (5%)$1,750--
2014-1536 (73%)$4,992------
2015-1640 (75%)$3,689--1 (2%)$315--
2016-1740 (80%)$4,460--1 (2%)$2,50014 (28%)$1,464
2017-1848 (73%)$4,440----12 (18%)$1,875
2018-1958 (71%)$4,589--2 (2%)$1,50021 (26%)$2,190
2019-2094 (65%)$4,45379 (55%)$1,4557 (5%)$5,72114 (10%)$2,029
2020-2167 (64%)$5,35774 (71%)$1,3662 (2%)$4,48148 (46%)$1,958
2021-2282 (63%)$5,14770 (53%)$1,5371 (1%)$38241 (31%)$2,111
Average57 (72.11%)$4,72274 (59.67%)$1,4532 (2.71%)$2,37825 (26.50%)$1,938
*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, 62 (78.44 % of students) get any students loan help and its average loan amount is $62.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1457 (95%)$7,09657 (95%)$7,096--
2014-1548 (98%)$6,77848 (98%)$6,778--
2015-1642 (79%)$5,55642 (79%)$5,556--
2016-1740 (80%)$6,01440 (80%)$6,014--
2017-1854 (82%)$6,75554 (82%)$6,755--
2018-1955 (67%)$5,64955 (67%)$5,649--
2019-2093 (65%)$5,84093 (65%)$5,840--
2020-2171 (68%)$6,22971 (68%)$6,229--
2021-2294 (72%)$6,25194 (72%)$6,251--
Average62 (78.44%)$6,24162 (78.44%)$6,241--
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