Scholarships, Grants, and Loan Trends at Ravenscroft Beauty

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 178, which is 67.78 % of all undergraduate students. 154 students which is 58.22% of undergraduate students received federal student loans and the average loan amount is $7,135.
For full-time, first-time beginning students (freshmen), 82.89% of students received grants or scholarships and 90% 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 Ravenscroft Beauty College since 2013.
For that period, the average number of students who received grants aid/scholarships is 178, which is 67.78 % of all undergraduate students. 154 students which is 58.22% of undergraduate students received federal student loans and the average loan amount is $7,135.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14175 (59%)$3,863174 (58%)$3,811164 (55%)$7,311
2014-15182 (68%)$3,923179 (67%)$3,846160 (59%)$7,048
2015-16190 (72%)$4,275188 (71%)$4,256166 (63%)$7,305
2016-17223 (73%)$3,855219 (72%)$3,871186 (61%)$7,057
2017-18207 (74%)$3,665201 (72%)$3,716161 (58%)$7,073
2018-19175 (72%)$3,560170 (70%)$3,570143 (59%)$7,291
2019-20144 (65%)$3,473138 (62%)$3,531122 (55%)$7,230
2020-21174 (69%)$3,351168 (66%)$3,387165 (65%)$6,898
2021-22136 (58%)$3,644134 (57%)$3,602116 (49%)$7,003
Average178 (67.78%)$3,734175 (66.11%)$3,732154 (58.22%)$7,135

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

For the last 10 years, on average, 39 (82.89 % of students) received grants or scholarships and its average amount is $4,093. It can cover 24.29% of tuition & fees ($16,850).
In addition, 42 (90.33 % of students) students get helped from the students loans (average amount : $7,287).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1431 (78%)$4,49236 (90%)$7,577
2014-1529 (81%)$3,97631 (86%)$7,473
2015-1645 (90%)$4,74947 (94%)$8,412
2016-1759 (86%)$4,25559 (86%)$6,858
2017-1852 (87%)$4,40154 (90%)$7,430
2018-1942 (93%)$3,83844 (98%)$7,847
2019-2038 (88%)$3,72839 (91%)$7,242
2020-2138 (79%)$3,50943 (90%)$6,507
2021-2221 (64%)$3,88729 (88%)$6,236
Average39 (82.89%)$4,09342 (90.33%)$7,287
*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, 39 (82.89 % of students) received Pell (federal) grants and its average amount is $4,052.
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
2013-1431 (78%)$4,4762 (5%)$250----
2014-1529 (81%)$3,8989 (25%)$250----
2015-1645 (90%)$4,7304 (8%)$219----
2016-1759 (86%)$4,2238 (12%)$234----
2017-1852 (87%)$4,3609 (15%)$236----
2018-1942 (93%)$3,78810 (22%)$213----
2019-2038 (88%)$3,63019 (44%)$196----
2020-2138 (79%)$3,4894 (8%)$188----
2021-2221 (64%)$3,8702 (6%)$188----
Average39 (82.89%)$4,0527 (16.11%)$219----
*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, 42 (90.33 % of students) get any students loan help and its average loan amount is $42.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1436 (90%)$7,57736 (90%)$7,577--
2014-1531 (86%)$7,47331 (86%)$7,473--
2015-1647 (94%)$8,41247 (94%)$8,412--
2016-1759 (86%)$6,85859 (86%)$6,858--
2017-1854 (90%)$7,43054 (90%)$7,430--
2018-1944 (98%)$7,84744 (98%)$7,847--
2019-2039 (91%)$7,24239 (91%)$7,242--
2020-2143 (90%)$6,50743 (90%)$6,507--
2021-2229 (88%)$6,23629 (88%)$6,236--
Average42 (90.33%)$7,28742 (90.33%)$7,287--
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