Scholarships, Grants, and Loan Trends at RFD

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 180, which is 62.56 % of all undergraduate students. 172 students which is 60.22% of undergraduate students received federal student loans and the average loan amount is $7,664.
For full-time, first-time beginning students (freshmen), 87.56% of students received grants or scholarships and 95% 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 Tricoci University of Beauty Culture-Rockford since 2013.
For that period, the average number of students who received grants aid/scholarships is 180, which is 62.56 % of all undergraduate students. 172 students which is 60.22% of undergraduate students received federal student loans and the average loan amount is $7,664.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14147 (67%)$4,009123 (56%)$3,409156 (71%)$7,315
2014-15140 (61%)$4,746126 (55%)$3,843139 (61%)$7,593
2015-16128 (57%)$4,641118 (53%)$3,735127 (57%)$7,182
2016-17174 (67%)$5,258158 (61%)$4,214172 (66%)$7,701
2017-18222 (71%)$4,732214 (68%)$3,757216 (69%)$7,992
2018-19123 (35%)$6,213116 (33%)$5,175126 (35%)$8,637
2019-20256 (72%)$5,054245 (69%)$4,689204 (57%)$7,875
2020-21202 (62%)$5,721197 (60%)$4,819196 (60%)$7,401
2021-22228 (71%)$5,775224 (70%)$5,101212 (66%)$7,278
Average180 (62.56%)$5,128169 (58.33%)$4,305172 (60.22%)$7,664

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

For the last 10 years, on average, 33 (87.56 % of students) received grants or scholarships and its average amount is $5,276. It can cover 38.56% of tuition & fees ($13,684).
In addition, 35 (94.67 % of students) students get helped from the students loans (average amount : $8,687).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1443 (84%)$3,40048 (94%)$9,133
2014-1524 (83%)$4,57425 (86%)$8,440
2015-1617 (71%)$4,88024 (100%)$8,292
2016-1730 (91%)$5,54132 (97%)$7,552
2017-1856 (93%)$5,22157 (95%)$9,133
2018-1960 (90%)$5,91065 (97%)$9,306
2019-2041 (91%)$6,00141 (91%)$9,652
2020-2114 (93%)$7,08815 (100%)$6,948
2021-2212 (92%)$4,86912 (92%)$9,725
Average33 (87.56%)$5,27635 (94.67%)$8,687
*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, 31 (81.67 % of students) received Pell (federal) grants and its average amount is $4,689.
In addition, 1 students received State/local government grants/scholarships (3.00 % 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
2013-1436 (71%)$3,568----11 (22%)$1,611
2014-1522 (76%)$4,067--1 (3%)$2,50010 (34%)$1,781
2015-1615 (63%)$4,693----4 (17%)$3,143
2016-1725 (76%)$4,475--1 (3%)$3,75019 (58%)$2,663
2017-1854 (90%)$4,760----13 (22%)$2,717
2018-1958 (87%)$5,316----14 (21%)$3,304
2019-2039 (87%)$5,565----12 (27%)$2,415
2020-2114 (93%)$5,099----10 (67%)$2,784
2021-2212 (92%)$4,661----1 (8%)$2,500
Average31 (81.67%)$4,689--1 (3.00%)$3,12510 (30.67%)$2,546
*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, 35 (94.67 % of students) get any students loan help and its average loan amount is $35.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1448 (94%)$9,13348 (94%)$9,133--
2014-1525 (86%)$8,44025 (86%)$8,440--
2015-1624 (100%)$8,29223 (96%)$7,7671 (4%)$20,357
2016-1732 (97%)$7,55232 (97%)$6,9972 (6%)$8,871
2017-1857 (95%)$9,13357 (95%)$9,0791 (2%)$3,071
2018-1965 (97%)$9,30665 (97%)$9,1261 (1%)$11,718
2019-2041 (91%)$9,65241 (91%)$9,652--
2020-2115 (100%)$6,94815 (100%)$6,8481 (7%)$1,500
2021-2212 (92%)$9,72512 (92%)$9,1831 (8%)$6,504
Average35 (94.67%)$8,68735 (94.22%)$8,4691 (4.67%)$8,670
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