Scholarships, Grants, and Loan Trends at Academy of Salon and Spa

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 68, which is 64.33 % of all undergraduate students. 60 students which is 57.11% of undergraduate students received federal student loans and the average loan amount is $6,303.

For full-time, first-time beginning students (freshmen), 79.22% of students received grants or scholarships and 83% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Academy of Salon and Spa since 2014.

For that period, the average number of students who received grants aid/scholarships is 68, which is 64.33 % of all undergraduate students. 60 students which is 57.11% of undergraduate students received federal student loans and the average loan amount is $6,303.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1572 (50%)$3,93072 (50%)$3,93062 (43%)$7,359
2015-1698 (75%)$4,37798 (75%)$4,37770 (54%)$8,461
2016-1768 (70%)$3,90968 (70%)$3,90965 (67%)$6,781
2017-1869 (75%)$4,46469 (75%)$4,46466 (72%)$6,450
2018-1954 (59%)$3,61354 (59%)$3,61350 (55%)$5,682
2019-2062 (66%)$4,09662 (66%)$4,09654 (57%)$5,115
2020-2155 (60%)$3,81555 (60%)$3,81556 (61%)$5,480
2021-2256 (60%)$3,68156 (60%)$3,68149 (53%)$5,176
2022-2379 (64%)$4,49179 (64%)$4,49164 (52%)$6,226
Average68 (64.33%)$4,04268 (64.33%)$4,04260 (57.11%)$6,303
*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, 32 (79.22 % of students) received grants or scholarships and its average amount is $4,166. It can cover 21.36% of tuition & fees ($19,500).

In addition, 33 (82.89 % of students) students get helped from the students loans (average amount : $5,939).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1537 (51%)$4,25140 (55%)$6,933
2015-1643 (86%)$4,72644 (88%)$7,815
2016-1729 (91%)$3,91732 (100%)$6,247
2017-1824 (86%)$3,70927 (96%)$6,265
2018-1922 (88%)$4,39224 (96%)$5,521
2019-2026 (87%)$4,48723 (77%)$4,796
2020-2124 (73%)$3,85528 (85%)$4,850
2021-2232 (76%)$3,59633 (79%)$5,075
2022-2348 (75%)$4,56145 (70%)$5,953
Average32 (79.22%)$4,16633 (82.89%)$5,939
*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, 32 (79.22 % of students) received Pell (federal) grants and its average amount is $4,166.

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
2014-1537 (51%)$4,251------
2015-1643 (86%)$4,726------
2016-1729 (91%)$3,917------
2017-1824 (86%)$3,709------
2018-1922 (88%)$4,392------
2019-2026 (87%)$4,487------
2020-2124 (73%)$3,855------
2021-2232 (76%)$3,596------
2022-2348 (75%)$4,561------
Average32 (79.22%)$4,166------
*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, 33 (82.89 % of students) get any students loan help and its average loan amount is $33.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1540 (55%)$6,93340 (55%)$6,933--
2015-1644 (88%)$7,81544 (88%)$7,815--
2016-1732 (100%)$6,24732 (100%)$6,247--
2017-1827 (96%)$6,26527 (96%)$6,265--
2018-1924 (96%)$5,52124 (96%)$5,521--
2019-2023 (77%)$4,79623 (77%)$4,796--
2020-2128 (85%)$4,85028 (85%)$4,850--
2021-2233 (79%)$5,07533 (79%)$5,075--
2022-2345 (70%)$5,95345 (70%)$5,953--
Average33 (82.89%)$5,93933 (82.89%)$5,939--

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