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

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 115, which is 58.56 % of all undergraduate students. 98 students which is 50.44% of undergraduate students received federal student loans and the average loan amount is $5,638.
For full-time, first-time beginning students (freshmen), 79.67% of students received grants or scholarships and 69% 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 Raphael's School of Beauty Culture Inc-Boardman since 2013.
For that period, the average number of students who received grants aid/scholarships is 115, which is 58.56 % of all undergraduate students. 98 students which is 50.44% of undergraduate students received federal student loans and the average loan amount is $5,638.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1426 (13%)$4,09226 (13%)$4,09224 (12%)$7,064
2014-15138 (71%)$4,289135 (70%)$4,326107 (55%)$4,742
2015-16111 (70%)$4,463108 (68%)$4,240103 (65%)$5,310
2016-17130 (76%)$5,228124 (73%)$4,614120 (71%)$5,419
2017-1854 (31%)$6,31440 (23%)$5,77134 (20%)$5,907
2018-19119 (69%)$5,815107 (62%)$5,38395 (55%)$5,476
2019-20118 (65%)$5,318108 (60%)$4,727108 (60%)$5,321
2020-21174 (69%)$5,411159 (63%)$5,396155 (62%)$5,435
2021-22163 (63%)$5,115153 (60%)$4,948139 (54%)$6,067
Average115 (58.56%)$5,116107 (54.67%)$4,83398 (50.44%)$5,638

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

For the last 10 years, on average, 26 (79.67 % of students) received grants or scholarships and its average amount is $4,999. It can cover 21.55% of tuition & fees ($23,200).
In addition, 23 (68.67 % of students) students get helped from the students loans (average amount : $5,825).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1424 (71%)$4,20223 (68%)$5,317
2014-1526 (63%)$2,84118 (44%)$4,710
2015-1632 (84%)$4,58729 (76%)$5,698
2016-1730 (83%)$5,69928 (78%)$6,557
2017-1819 (68%)$3,38110 (36%)$5,346
2018-1924 (92%)$6,43222 (85%)$5,779
2019-2021 (84%)$6,15020 (80%)$6,310
2020-2134 (83%)$6,44034 (83%)$5,925
2021-2225 (89%)$5,25819 (68%)$6,785
Average26 (79.67%)$4,99923 (68.67%)$5,825
*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, 23 (70.56 % of students) received Pell (federal) grants and its average amount is $4,893.
In addition, 1 students received State/local government grants/scholarships (2.00 % 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
2013-1424 (71%)$4,202------
2014-1526 (63%)$2,707----4 (10%)$875
2015-1629 (76%)$4,834----3 (8%)$2,192
2016-1728 (78%)$4,521----9 (25%)$4,931
2017-1811 (39%)$4,7617 (25%)$464--8 (29%)$1,079
2018-1921 (81%)$6,05418 (69%)$1,278--6 (23%)$708
2019-2020 (80%)$5,24517 (68%)$397--15 (60%)$1,167
2020-2134 (83%)$5,7785 (12%)$5001 (2%)$8,30811 (27%)$1,064
2021-2218 (64%)$5,9367 (25%)$375--21 (75%)$1,046
Average23 (70.56%)$4,89311 (39.80%)$6031 (2.00%)$8,30810 (32.13%)$1,633
*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, 23 (68.67 % of students) get any students loan help and its average loan amount is $23.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (68%)$5,31723 (68%)$5,317--
2014-1518 (44%)$4,71018 (44%)$4,710--
2015-1629 (76%)$5,69829 (76%)$5,698--
2016-1728 (78%)$6,55728 (78%)$6,557--
2017-1810 (36%)$5,34610 (36%)$5,346--
2018-1922 (85%)$5,77922 (85%)$5,779--
2019-2020 (80%)$6,31020 (80%)$6,310--
2020-2134 (83%)$5,92534 (83%)$5,925--
2021-2219 (68%)$6,78519 (68%)$6,785--
Average23 (68.67%)$5,82523 (68.67%)$5,825--
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