Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 52, which is 49.44 % of all undergraduate students. 57 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $6,402.

For full-time, first-time beginning students (freshmen), 50.44% of students received grants or scholarships and 63% 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 52, which is 49.44 % of all undergraduate students. 57 students which is 56.00% of undergraduate students received federal student loans and the average loan amount is $6,402.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1466 (40%)$3,43166 (40%)$3,43188 (53%)$7,145
2014-1539 (45%)$3,45538 (44%)$3,44639 (45%)$7,554
2015-1668 (69%)$4,05662 (63%)$4,15080 (82%)$8,270
2016-17108 (79%)$4,33192 (67%)$4,041107 (78%)$7,218
2017-1886 (60%)$4,82869 (48%)$4,30275 (52%)$7,284
2018-1929 (27%)$3,92128 (26%)$3,65022 (20%)$6,359
2019-2030 (38%)$3,51824 (30%)$3,54347 (59%)$4,770
2020-2125 (32%)$4,34925 (32%)$4,34936 (47%)$4,986
2021-2217 (55%)$3,38017 (55%)$3,38021 (68%)$4,028
Average52 (49.44%)$3,91947 (45.00%)$3,81057 (56.00%)$6,402
*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, 16 (50.44 % of students) received grants or scholarships and its average amount is $4,416. It can cover 23.11% of tuition & fees ($19,105).

In addition, 21 (63.33 % of students) students get helped from the students loans (average amount : $5,990).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1466 (71%)$3,43188 (95%)$7,145
2014-1510 (43%)$4,60516 (70%)$7,496
2015-1612 (63%)$4,44015 (79%)$6,788
2016-1724 (80%)$4,94626 (87%)$6,351
2017-188 (53%)$3,4337 (47%)$7,214
2018-193 (18%)$7,0787 (41%)$4,344
2019-2011 (42%)$3,42714 (54%)$4,710
2020-216 (29%)$4,9477 (33%)$5,238
2021-226 (55%)$3,4377 (64%)$4,625
Average16 (50.44%)$4,41621 (63.33%)$5,990
*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, 15 (46.11 % of students) received Pell (federal) grants and its average amount is $4,294.

In addition, 2 students received State/local government grants/scholarships (11.33 % 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
2013-1466 (71%)$3,431------
2014-1510 (43%)$4,425----1 (4%)$1,800
2015-1611 (58%)$4,571----2 (11%)$1,500
2016-1722 (73%)$4,434----9 (30%)$2,353
2017-185 (33%)$3,693--3 (20%)$1,6672 (13%)$2,000
2018-193 (18%)$6,078--1 (6%)$3,000--
2019-209 (35%)$3,633--2 (8%)$2,500--
2020-216 (29%)$4,947------
2021-226 (55%)$3,437------
Average15 (46.11%)$4,294--2 (11.33%)$2,3894 (14.50%)$1,913
*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, 21 (63.33 % of students) get any students loan help and its average loan amount is $21.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1488 (95%)$7,14588 (95%)$7,145--
2014-1516 (70%)$7,49616 (70%)$7,496--
2015-1615 (79%)$6,78815 (79%)$6,788--
2016-1726 (87%)$6,35126 (87%)$6,351--
2017-187 (47%)$7,2147 (47%)$7,214--
2018-197 (41%)$4,3447 (41%)$4,344--
2019-2014 (54%)$4,71014 (54%)$4,710--
2020-217 (33%)$5,2387 (33%)$5,238--
2021-227 (64%)$4,6257 (64%)$4,625--
Average21 (63.33%)$5,99021 (63.33%)$5,990--