How Raphael's School of Beauty Culture Inc-Alliance'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 Raphael's School of Beauty Culture Inc-Alliance since 2013.

For that period, the average number of students who received grants aid/scholarships is 241, which is 63.44 % of all undergraduate students. 211 students which is 55.33% of undergraduate students received federal student loans and the average loan amount is $5,535.

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
2013-14	19 (11%)	$3,656	19 (11%)	$3,656	19 (11%)	$5,594
2014-15	135 (72%)	$4,512	135 (72%)	$4,345	105 (56%)	$4,946
2015-16	138 (75%)	$4,265	132 (71%)	$4,312	129 (70%)	$5,518
2016-17	181 (76%)	$4,500	175 (73%)	$4,515	168 (70%)	$5,745
2017-18	131 (48%)	$4,614	108 (40%)	$5,274	106 (39%)	$4,552
2018-19	224 (74%)	$5,392	198 (65%)	$5,004	180 (59%)	$5,573
2019-20	340 (75%)	$5,363	315 (69%)	$5,114	328 (72%)	$5,982
2020-21	488 (70%)	$4,918	441 (63%)	$5,119	411 (59%)	$5,901
2021-22	510 (70%)	$5,226	491 (68%)	$5,219	451 (62%)	$6,004
Average	241 (63.44%)	$4,716	224 (59.11%)	$4,729	211 (55.33%)	$5,535

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

Overview

For the last 10 years, on average, 61 (81.78 % of students) received grants or scholarships and its average amount is $4,821. It can cover 20.78% of tuition & fees ($23,200).

In addition, 49 (68.89 % of students) students get helped from the students loans (average amount : $6,198).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	18 (67%)	$3,676	18 (67%)	$5,711
2014-15	50 (91%)	$5,376	37 (67%)	$4,987
2015-16	28 (72%)	$4,041	26 (67%)	$6,814
2016-17	32 (80%)	$5,033	32 (80%)	$6,517
2017-18	108 (100%)	$4,361	20 (19%)	$6,047
2018-19	57 (83%)	$6,018	52 (75%)	$6,713
2019-20	81 (79%)	$3,620	85 (83%)	$6,652
2020-21	96 (89%)	$5,508	89 (82%)	$6,258
2021-22	75 (75%)	$5,754	80 (80%)	$6,086
Average	61 (81.78%)	$4,821	49 (68.89%)	$6,198

^*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 10 years, on average, 56 (76.89 % of students) received Pell (federal) grants and its average amount is $4,706.

In addition, 2 students received State/local government grants/scholarships (2.50 % of students).

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
2013-14	18 (67%)	$3,676	-	-	-	-	-	-
2014-15	50 (91%)	$4,925	-	-	-	-	3 (5%)	$7,517
2015-16	25 (64%)	$4,386	-	-	-	-	4 (10%)	$875
2016-17	32 (80%)	$5,033	-	-	-	-	-	-
2017-18	96 (89%)	$4,785	-	-	-	-	34 (31%)	$340
2018-19	52 (75%)	$4,826	40 (58%)	$975	2 (3%)	$16,398	17 (25%)	$1,191
2019-20	76 (75%)	$3,141	30 (29%)	$483	-	-	33 (32%)	$1,212
2020-21	87 (81%)	$5,674	13 (12%)	$493	2 (2%)	$6,000	24 (22%)	$694
2021-22	70 (70%)	$5,910	19 (19%)	$375	-	-	28 (28%)	$382
Average	56 (76.89%)	$4,706	26 (29.50%)	$582	2 (2.50%)	$11,199	20 (21.86%)	$1,744

^*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 10 years, on average, 49 (68.89 % of students) get any students loan help and its average loan amount is $49.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	18 (67%)	$5,711	18 (67%)	$5,711	-	-
2014-15	37 (67%)	$4,987	37 (67%)	$4,987	-	-
2015-16	26 (67%)	$6,814	26 (67%)	$6,814	-	-
2016-17	32 (80%)	$6,517	32 (80%)	$6,517	-	-
2017-18	20 (19%)	$6,047	20 (19%)	$6,047	-	-
2018-19	52 (75%)	$6,713	52 (75%)	$6,713	-	-
2019-20	85 (83%)	$6,652	85 (83%)	$6,652	-	-
2020-21	89 (82%)	$6,258	89 (82%)	$6,258	-	-
2021-22	80 (80%)	$6,086	80 (80%)	$6,086	-	-
Average	49 (68.89%)	$6,198	49 (68.89%)	$6,198	-	-

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Scholarships, Grants, and Loan Trends at Raphael's School of Beauty Culture Inc-Alliance

All Undergraduate Students Financial Aid Over Time

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