Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 116, which is 46.11 % of all undergraduate students. 122 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $6,363.

For full-time, first-time beginning students (freshmen), 58.56% of students received grants or scholarships and 68% 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 Innovate Salon Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 116, which is 46.11 % of all undergraduate students. 122 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $6,363.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1449 (23%)$3,76247 (22%)$3,80347 (22%)$6,832
2014-1585 (35%)$4,28483 (34%)$4,25690 (37%)$7,235
2015-16119 (57%)$3,845118 (57%)$3,555126 (61%)$6,386
2016-17107 (52%)$3,936105 (51%)$3,704124 (60%)$6,322
2017-18116 (53%)$3,729114 (53%)$3,536135 (62%)$6,163
2018-19121 (51%)$4,493121 (51%)$4,237134 (57%)$6,134
2019-20147 (51%)$4,273146 (51%)$4,152146 (51%)$6,049
2020-21149 (47%)$4,861144 (45%)$4,470144 (45%)$6,404
2021-22150 (46%)$4,498150 (46%)$4,129155 (48%)$5,743
Average116 (46.11%)$4,187114 (45.56%)$3,982122 (49.22%)$6,363
*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, 28 (58.56 % of students) received grants or scholarships and its average amount is $4,942. It can cover 38.83% of tuition & fees ($12,726).

In addition, 32 (67.56 % of students) students get helped from the students loans (average amount : $7,298).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1437 (30%)$3,93731 (25%)$7,633
2014-1524 (60%)$4,32823 (58%)$8,644
2015-1622 (69%)$5,55925 (78%)$7,853
2016-1731 (61%)$5,18638 (75%)$7,237
2017-1831 (69%)$4,44436 (80%)$7,294
2018-1927 (66%)$4,97732 (78%)$6,338
2019-2030 (60%)$5,83435 (70%)$7,276
2020-2125 (60%)$5,36030 (71%)$7,229
2021-2227 (52%)$4,85438 (73%)$6,181
Average28 (58.56%)$4,94232 (67.56%)$7,298
*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, 28 (57.33 % of students) received Pell (federal) grants and its average amount is $4,664.

In addition, 2 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
2013-1435 (28%)$4,002--2 (2%)$2,800--
2014-1521 (53%)$4,637--1 (3%)$4,0002 (5%)$1,250
2015-1622 (69%)$4,7964 (13%)$319--10 (31%)$1,550
2016-1731 (61%)$4,33710 (20%)$284--17 (33%)$1,382
2017-1831 (69%)$4,04613 (29%)$225--25 (56%)$376
2018-1927 (66%)$4,5498 (20%)$258--8 (20%)$1,188
2019-2029 (58%)$5,53711 (22%)$2052 (4%)$6,100--
2020-2125 (60%)$5,2975 (12%)$315----
2021-2227 (52%)$4,77110 (19%)$225----
Average28 (57.33%)$4,6649 (19.29%)$2622 (3.00%)$4,30012 (29.00%)$1,149
*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, 32 (67.56 % of students) get any students loan help and its average loan amount is $32.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1431 (25%)$7,63331 (25%)$7,633--
2014-1523 (58%)$8,64423 (58%)$8,644--
2015-1625 (78%)$7,85325 (78%)$7,853--
2016-1738 (75%)$7,23738 (75%)$7,237--
2017-1836 (80%)$7,29436 (80%)$7,294--
2018-1932 (78%)$6,33832 (78%)$6,338--
2019-2035 (70%)$7,27635 (70%)$7,276--
2020-2130 (71%)$7,22930 (71%)$7,229--
2021-2238 (73%)$6,18138 (73%)$6,181--
Average32 (67.56%)$7,29832 (67.56%)$7,298--