Scholarships, Grants, and Loan Trends at Tomorrow's Image Barber And Beauty Academy of Virginia

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 24, which is 85.33 % of all undergraduate students. 19 students which is 68.78% of undergraduate students received federal student loans and the average loan amount is $6,729.

For full-time, first-time beginning students (freshmen), 96.00% of students received grants or scholarships and 76% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Tomorrow's Image Barber And Beauty Academy of Virginia since 2014.

For that period, the average number of students who received grants aid/scholarships is 24, which is 85.33 % of all undergraduate students. 19 students which is 68.78% of undergraduate students received federal student loans and the average loan amount is $6,729.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1521 (81%)$3,85921 (81%)$3,85918 (69%)$6,980
2015-1629 (83%)$5,25027 (77%)$5,10027 (77%)$6,945
2016-1723 (92%)$6,53520 (80%)$5,76614 (56%)$8,684
2017-1825 (89%)$5,08325 (89%)$4,56118 (64%)$11,944
2018-1922 (100%)$6,38017 (77%)$5,43316 (73%)$6,742
2019-2026 (96%)$5,04224 (89%)$4,98621 (78%)$4,809
2020-2124 (75%)$5,60524 (75%)$5,36824 (75%)$4,385
2021-2220 (71%)$5,53620 (71%)$5,53620 (71%)$3,827
2022-2322 (81%)$5,26622 (81%)$5,26615 (56%)$6,245
Average24 (85.33%)$5,39522 (80.00%)$5,09719 (68.78%)$6,729
*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 10 years, on average, 21 (96.00 % of students) received grants or scholarships and its average amount is $5,562. It can cover 29.14% of tuition & fees ($19,085).

In addition, 17 (76.33 % of students) students get helped from the students loans (average amount : $6,186).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1521 (100%)$3,85916 (76%)$7,852
2015-1624 (92%)$4,83022 (85%)$4,958
2016-1722 (100%)$6,14514 (64%)$8,684
2017-1819 (86%)$5,85915 (68%)$7,667
2018-1917 (100%)$6,96514 (82%)$6,288
2019-2023 (100%)$5,70019 (83%)$5,090
2020-2124 (86%)$5,60520 (71%)$5,262
2021-2220 (100%)$5,53615 (75%)$5,103
2022-2318 (100%)$5,55715 (83%)$4,773
Average21 (96.00%)$5,56217 (76.33%)$6,186
*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, 20 (93.22 % of students) received Pell (federal) grants and its average amount is $5,168.

In addition, 2 students received State/local government grants/scholarships (8.00 % 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
2014-1521 (100%)$3,859------
2015-1622 (85%)$4,692--2 (8%)$6,350--
2016-1720 (91%)$5,7663 (14%)$6,620----
2017-1819 (86%)$5,4911 (5%)$7,000----
2018-1917 (100%)$4,5417 (41%)$5,887----
2019-2021 (91%)$5,6992 (9%)$5,710----
2020-2124 (86%)$5,3681 (4%)$5,689----
2021-2220 (100%)$5,536------
2022-2318 (100%)$5,557------
Average20 (93.22%)$5,1683 (14.60%)$6,1812 (8.00%)$6,350--
*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, 17 (76.33 % of students) get any students loan help and its average loan amount is $17.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1516 (76%)$7,85216 (76%)$7,852--
2015-1622 (85%)$4,95822 (85%)$4,958--
2016-1714 (64%)$8,68414 (64%)$8,684--
2017-1815 (68%)$7,66715 (68%)$7,667--
2018-1914 (82%)$6,28814 (82%)$6,288--
2019-2019 (83%)$5,09019 (83%)$5,090--
2020-2120 (71%)$5,26220 (71%)$5,262--
2021-2215 (75%)$5,10315 (75%)$5,103--
2022-2315 (83%)$4,77315 (83%)$4,773--
Average17 (76.33%)$6,18617 (76.33%)$6,186--

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