$5,895

Avg. Federal Grant

$5,906

Avg. Federal Loan

$737,177

Total Aid Awarded

Raphaels School of Beauty Culture Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$737.177K

Financial Aid Official Website

www.raphaelsbeautyschool.edu

As many as 95% of the students at RSBCIN get some sort of financial aid, and the total amount of assistance/loans provided is more than $875,371 in a year. Notably, a total of 83% of the applicants to Raphael's School of Beauty Culture Inc-Niles receive the Federal Grant every year. In comparison, 90% of the students are awarded the Student Grant, 40% get the Institution Grant, and 83% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,099. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At RSBCIN, an estimated number of 78% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

3%

Institution Grant Aid

13%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$5,895

State Grant Aid

$3,916

Institution Grant Aid

$900

Pell Grant

$5,895

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,501

$30,001 - $48,000

$7,275

$48,001 - $75,000

$7,420

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Raphaels School of Beauty Culture Inc

Average Loan Amount Average Loan Amount received per year.

$5,906/Year

Students Taking Out Loans

59%

Loan Default Rate

11.5%

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  • University acceptance rate of 75%.

  • The student-faculty ratio is 18:1.

Athens, Ohio 4 years Public

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Online Education at YSU

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Online Education at American Sentinel University

  • Students are offered a diverse number of degree programs along with an excellent faculty and student support system.

  • The online degrees are convenient for those who wish to pursue their higher

Aurora, Colorado 4 years Private For-Profit

#N/A

Tempe, Arizona 2 years Private For-Profit