Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 58, which is 73.86 % of all undergraduate students. 55 students which is 72.00% of undergraduate students received federal student loans and the average loan amount is $4,106.

For full-time, first-time beginning students (freshmen), 87.86% of students received grants or scholarships and 75% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Phipps Academy of Barbering since 2015.

For that period, the average number of students who received grants aid/scholarships is 58, which is 73.86 % of all undergraduate students. 55 students which is 72.00% of undergraduate students received federal student loans and the average loan amount is $4,106.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1612 (40%)$3,92612 (40%)$2,80313 (43%)$2,474
2016-1758 (81%)$5,08458 (81%)$5,08470 (97%)$5,376
2017-1858 (64%)$9,03054 (59%)$5,91730 (33%)$6,774
2018-1982 (92%)$3,65680 (90%)$3,74781 (91%)$3,352
2019-2092 (83%)$3,77591 (82%)$2,90782 (74%)$3,162
2020-2159 (73%)$6,34559 (73%)$6,34560 (74%)$2,507
2021-2243 (84%)$6,49543 (84%)$6,49547 (92%)$5,100
Average58 (73.86%)$5,47357 (72.71%)$4,75755 (72.00%)$4,106
*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.

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

For the last 8 years, on average, 26 (87.86 % of students) received grants or scholarships and its average amount is $5,310. It can cover 28.70% of tuition & fees ($18,500).

In addition, 22 (75.29 % of students) students get helped from the students loans (average amount : $5,933).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1612 (100%)$3,9267 (58%)$4,595
2016-1716 (89%)$4,72516 (89%)$8,027
2017-1829 (58%)$5,90415 (30%)$8,856
2018-1979 (92%)$3,79480 (93%)$3,393
2019-2041 (76%)$6,03131 (57%)$4,781
2020-213 (100%)$6,3453 (100%)$2,377
2021-225 (100%)$6,4455 (100%)$9,500
Average26 (87.86%)$5,31022 (75.29%)$5,933
*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 8 years, on average, 26 (87.57 % of students) received Pell (federal) grants and its average amount is $4,875.

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
2015-1612 (100%)$2,803----4 (33%)$3,370
2016-1716 (89%)$4,725------
2017-1829 (58%)$5,904------
2018-1979 (92%)$3,794------
2019-2040 (74%)$4,11227 (50%)$3,067----
2020-213 (100%)$6,345------
2021-225 (100%)$6,445------
Average26 (87.57%)$4,87527 (50.00%)$3,067--4 (33.00%)$3,370
*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 8 years, on average, 22 (75.29 % of students) get any students loan help and its average loan amount is $22.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-167 (58%)$4,5957 (58%)$4,595--
2016-1716 (89%)$8,02716 (89%)$8,027--
2017-1815 (30%)$8,85615 (30%)$8,856--
2018-1980 (93%)$3,39380 (93%)$3,393--
2019-2031 (57%)$4,78131 (57%)$4,781--
2020-213 (100%)$2,3773 (100%)$2,377--
2021-225 (100%)$9,5005 (100%)$9,500--
Average22 (75.29%)$5,93322 (75.29%)$5,933--

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