Scholarships, Grants, and Loan Trends at Reflections Academy of Beauty

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 33, which is 81.56 % of all undergraduate students. 35 students which is 76.13% of undergraduate students received federal student loans and the average loan amount is $5,190.
For full-time, first-time beginning students (freshmen), 87.25% of students received grants or scholarships and 79% 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 Reflections Academy of Beauty since 2013.
For that period, the average number of students who received grants aid/scholarships is 33, which is 81.56 % of all undergraduate students. 35 students which is 76.13% of undergraduate students received federal student loans and the average loan amount is $5,190.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1426 (90%)$7,37125 (86%)$3,26217 (59%)$6,477
2014-156 (86%)$3,6995 (71%)$3,774--
2015-1622 (100%)$4,00922 (100%)$4,00918 (82%)$5,414
2016-1760 (91%)$4,83760 (91%)$4,83761 (92%)$1,624
2017-1828 (65%)$5,01628 (65%)$5,01634 (79%)$5,517
2018-1924 (48%)$3,96424 (48%)$3,96426 (52%)$5,449
2019-2056 (98%)$2,51256 (98%)$2,51256 (98%)$6,004
2020-2139 (85%)$3,99524 (52%)$6,33639 (85%)$5,571
2021-2232 (71%)$3,84130 (67%)$3,81428 (62%)$5,466
Average33 (81.56%)$4,36030 (75.33%)$4,16935 (76.13%)$5,190

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

For the last 10 years, on average, 25 (87.25 % of students) received grants or scholarships and its average amount is $4,192. It can cover 25.25% of tuition & fees ($16,600).
In addition, 24 (78.50 % of students) students get helped from the students loans (average amount : $5,211).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1414 (88%)$4,4929 (56%)$7,300
2014-15----
2015-1622 (100%)$4,00918 (82%)$5,414
2016-1760 (97%)$4,83760 (97%)$1,651
2017-1828 (65%)$5,01634 (79%)$5,517
2018-1915 (63%)$4,19715 (63%)$5,688
2019-2027 (96%)$3,61127 (96%)$4,831
2020-2124 (100%)$3,26121 (88%)$5,116
2021-228 (89%)$4,1146 (67%)$6,171
Average25 (87.25%)$4,19224 (78.50%)$5,211
*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, 25 (87.25 % of students) received Pell (federal) grants and its average amount is $4,192.
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
2013-1414 (88%)$4,492------
2014-15--------
2015-1622 (100%)$4,009------
2016-1760 (97%)$4,837------
2017-1828 (65%)$5,016------
2018-1915 (63%)$4,197------
2019-2027 (96%)$3,611------
2020-2124 (100%)$3,261------
2021-228 (89%)$4,114------
Average25 (87.25%)$4,192------
*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, 24 (78.50 % of students) get any students loan help and its average loan amount is $24.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-149 (56%)$7,3009 (56%)$7,300--
2014-15------
2015-1618 (82%)$5,41418 (82%)$5,414--
2016-1760 (97%)$1,65160 (97%)$1,651--
2017-1834 (79%)$5,51734 (79%)$5,517--
2018-1915 (63%)$5,68815 (63%)$5,688--
2019-2027 (96%)$4,83127 (96%)$4,831--
2020-2121 (88%)$5,11621 (88%)$5,116--
2021-226 (67%)$6,1716 (67%)$6,171--
Average24 (78.50%)$5,21124 (78.50%)$5,211--
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