Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 64, which is 40.67 % of all undergraduate students. 90 students which is 55.78% of undergraduate students received federal student loans and the average loan amount is $8,628.

For full-time, first-time beginning students (freshmen), 46.67% of students received grants or scholarships and 72% 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 Salon Institute-Toledo Campus since 2013.

For that period, the average number of students who received grants aid/scholarships is 64, which is 40.67 % of all undergraduate students. 90 students which is 55.78% of undergraduate students received federal student loans and the average loan amount is $8,628.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14104 (63%)$3,831104 (63%)$3,831102 (62%)$9,784
2014-1548 (35%)$3,68748 (35%)$3,68758 (42%)$6,504
2015-1673 (52%)$4,59473 (52%)$4,59491 (65%)$8,819
2016-1767 (49%)$4,10267 (49%)$4,10286 (63%)$7,799
2017-1861 (45%)$3,72361 (45%)$3,72392 (67%)$6,581
2018-1965 (40%)$5,34665 (40%)$5,346105 (64%)$8,688
2019-2057 (32%)$5,45357 (32%)$5,453106 (59%)$9,058
2020-2136 (18%)$6,75636 (18%)$6,75656 (27%)$10,362
2021-2267 (32%)$5,77367 (32%)$5,773110 (53%)$10,056
Average64 (40.67%)$4,80764 (40.67%)$4,80790 (55.78%)$8,628
*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, 26 (46.67 % of students) received grants or scholarships and its average amount is $4,544. It can cover 19.13% of tuition & fees ($23,760).

In addition, 40 (72.22 % of students) students get helped from the students loans (average amount : $7,178).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1435 (67%)$3,96339 (75%)$10,417
2014-1519 (50%)$4,09730 (79%)$6,100
2015-1620 (53%)$4,64934 (89%)$5,794
2016-1732 (52%)$4,47449 (79%)$8,274
2017-1831 (41%)$3,54341 (54%)$7,111
2018-1931 (46%)$4,90054 (79%)$6,954
2019-2027 (40%)$4,97352 (78%)$6,389
2020-2118 (29%)$5,18721 (33%)$7,167
2021-2219 (42%)$5,11138 (84%)$6,395
Average26 (46.67%)$4,54440 (72.22%)$7,178
*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, 26 (46.33 % of students) received Pell (federal) grants and its average amount is $4,568.

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 (67%)$3,963------
2014-1518 (47%)$4,316----1 (3%)$150
2015-1620 (53%)$4,649------
2016-1732 (52%)$4,474------
2017-1831 (41%)$3,543------
2018-1931 (46%)$4,900------
2019-2027 (40%)$4,973------
2020-2118 (29%)$5,187------
2021-2219 (42%)$5,111------
Average26 (46.33%)$4,568----1 (3.00%)$150
*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, 40 (72.22 % of students) get any students loan help and its average loan amount is $40.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1439 (75%)$10,41739 (75%)$10,417--
2014-1530 (79%)$6,10030 (79%)$6,100--
2015-1634 (89%)$5,79434 (89%)$5,794--
2016-1749 (79%)$8,27449 (79%)$8,274--
2017-1841 (54%)$7,11141 (54%)$7,111--
2018-1954 (79%)$6,95454 (79%)$6,954--
2019-2052 (78%)$6,38952 (78%)$6,389--
2020-2121 (33%)$7,16721 (33%)$7,167--
2021-2238 (84%)$6,39538 (84%)$6,395--
Average40 (72.22%)$7,17840 (72.22%)$7,178--