How Phipps Academy of Barbering's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Phipps Academy of Barbering since 2015.

For that period, the average number of students who received grants aid/scholarships is 58, which is 73.86 % of all undergraduate students. 55 students which is 72.00% of undergraduate students received federal student loans and the average loan amount is $4,106.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2015-16	12 (40%)	$3,926	12 (40%)	$2,803	13 (43%)	$2,474
2016-17	58 (81%)	$5,084	58 (81%)	$5,084	70 (97%)	$5,376
2017-18	58 (64%)	$9,030	54 (59%)	$5,917	30 (33%)	$6,774
2018-19	82 (92%)	$3,656	80 (90%)	$3,747	81 (91%)	$3,352
2019-20	92 (83%)	$3,775	91 (82%)	$2,907	82 (74%)	$3,162
2020-21	59 (73%)	$6,345	59 (73%)	$6,345	60 (74%)	$2,507
2021-22	43 (84%)	$6,495	43 (84%)	$6,495	47 (92%)	$5,100
Average	58 (73.86%)	$5,473	57 (72.71%)	$4,757	55 (72.00%)	$4,106

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

Overview

For the last 8 years, on average, 26 (87.86 % of students) received grants or scholarships and its average amount is $5,310. It can cover 28.70% of tuition & fees ($18,500).

In addition, 22 (75.29 % of students) students get helped from the students loans (average amount : $5,933).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2015-16	12 (100%)	$3,926	7 (58%)	$4,595
2016-17	16 (89%)	$4,725	16 (89%)	$8,027
2017-18	29 (58%)	$5,904	15 (30%)	$8,856
2018-19	79 (92%)	$3,794	80 (93%)	$3,393
2019-20	41 (76%)	$6,031	31 (57%)	$4,781
2020-21	3 (100%)	$6,345	3 (100%)	$2,377
2021-22	5 (100%)	$6,445	5 (100%)	$9,500
Average	26 (87.86%)	$5,310	22 (75.29%)	$5,933

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 8 years, on average, 26 (87.57 % of students) received Pell (federal) grants and its average amount is $4,875.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2015-16	12 (100%)	$2,803	-	-	-	-	4 (33%)	$3,370
2016-17	16 (89%)	$4,725	-	-	-	-	-	-
2017-18	29 (58%)	$5,904	-	-	-	-	-	-
2018-19	79 (92%)	$3,794	-	-	-	-	-	-
2019-20	40 (74%)	$4,112	27 (50%)	$3,067	-	-	-	-
2020-21	3 (100%)	$6,345	-	-	-	-	-	-
2021-22	5 (100%)	$6,445	-	-	-	-	-	-
Average	26 (87.57%)	$4,875	27 (50.00%)	$3,067	-	-	4 (33.00%)	$3,370

^*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..

Student Loans

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 8 years, on average, 22 (75.29 % of students) get any students loan help and its average loan amount is $22.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2015-16	7 (58%)	$4,595	7 (58%)	$4,595	-	-
2016-17	16 (89%)	$8,027	16 (89%)	$8,027	-	-
2017-18	15 (30%)	$8,856	15 (30%)	$8,856	-	-
2018-19	80 (93%)	$3,393	80 (93%)	$3,393	-	-
2019-20	31 (57%)	$4,781	31 (57%)	$4,781	-	-
2020-21	3 (100%)	$2,377	3 (100%)	$2,377	-	-
2021-22	5 (100%)	$9,500	5 (100%)	$9,500	-	-
Average	22 (75.29%)	$5,933	22 (75.29%)	$5,933	-	-

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Scholarships, Grants, and Loan Trends at Phipps Academy of Barbering

All Undergraduate Students Financial Aid Over Time

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