Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 58, which is 36.78 % of all undergraduate students. 70 students which is 44.56% of undergraduate students received federal student loans and the average loan amount is $6,852.

For full-time, first-time beginning students (freshmen), 48.33% of students received grants or scholarships and 61% 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 The Salon Professional Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 58, which is 36.78 % of all undergraduate students. 70 students which is 44.56% of undergraduate students received federal student loans and the average loan amount is $6,852.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1445 (40%)$4,07235 (31%)$3,79853 (47%)$6,811
2014-1554 (50%)$4,50454 (50%)$4,06059 (55%)$6,998
2015-1666 (45%)$4,34466 (45%)$4,34489 (61%)$7,589
2016-1777 (42%)$4,54277 (42%)$4,54280 (44%)$7,654
2017-1864 (36%)$5,45764 (36%)$5,45774 (41%)$7,548
2018-1973 (43%)$5,69373 (43%)$5,69396 (57%)$7,635
2019-2069 (37%)$4,91769 (37%)$4,91784 (45%)$6,419
2020-2119 (10%)$5,92919 (10%)$5,92932 (16%)$5,240
2021-2254 (28%)$5,42254 (28%)$5,42266 (35%)$5,775
Average58 (36.78%)$4,98757 (35.78%)$4,90770 (44.56%)$6,852
*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, 46 (48.33 % of students) received grants or scholarships and its average amount is $4,291. It can cover 26.84% of tuition & fees ($15,990).

In addition, 57 (60.78 % of students) students get helped from the students loans (average amount : $6,405).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1433 (47%)$4,93152 (74%)$6,836
2014-1547 (75%)$5,17557 (90%)$7,244
2015-1650 (58%)$4,29162 (72%)$7,251
2016-1763 (55%)$4,51068 (59%)$6,564
2017-1842 (43%)$4,77249 (51%)$6,824
2018-1949 (52%)$4,56769 (73%)$6,392
2019-2057 (46%)$4,25571 (57%)$5,897
2020-2119 (17%)$1,69123 (20%)$4,996
2021-2252 (42%)$4,42763 (51%)$5,642
Average46 (48.33%)$4,29157 (60.78%)$6,405
*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, 46 (48.33 % of students) received Pell (federal) grants and its average amount is $4,121.

In addition, 9 students received State/local government grants/scholarships (13.50 % 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
2013-1433 (47%)$3,913--10 (14%)$3,359--
2014-1547 (75%)$4,665--8 (13%)$2,998--
2015-1650 (58%)$4,291------
2016-1763 (55%)$4,510------
2017-1842 (43%)$4,772------
2018-1949 (52%)$4,567------
2019-2057 (46%)$4,255------
2020-2119 (17%)$1,691------
2021-2252 (42%)$4,427------
Average46 (48.33%)$4,121--9 (13.50%)$3,179--
*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, 57 (60.78 % of students) get any students loan help and its average loan amount is $57.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1452 (74%)$6,83652 (74%)$6,836--
2014-1557 (90%)$7,24457 (90%)$7,244--
2015-1662 (72%)$7,25162 (72%)$7,251--
2016-1768 (59%)$6,56468 (59%)$6,564--
2017-1849 (51%)$6,82449 (51%)$6,824--
2018-1969 (73%)$6,39269 (73%)$6,392--
2019-2071 (57%)$5,89771 (57%)$5,897--
2020-2123 (20%)$4,99623 (20%)$4,996--
2021-2263 (51%)$5,64263 (51%)$5,642--
Average57 (60.78%)$6,40557 (60.78%)$6,405--