Scholarships, Grants, and Loan Trends at The Salon Professional Academy-Evansville

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 95, which is 43.67 % of all undergraduate students. 110 students which is 50.89% of undergraduate students received federal student loans and the average loan amount is $7,063.

For full-time, first-time beginning students (freshmen), 66.22% of students received grants or scholarships and 77% 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 The Salon Professional Academy-Evansville since 2014.

For that period, the average number of students who received grants aid/scholarships is 95, which is 43.67 % of all undergraduate students. 110 students which is 50.89% of undergraduate students received federal student loans and the average loan amount is $7,063.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1558 (35%)$3,46958 (35%)$3,46993 (55%)$6,649
2015-1690 (52%)$4,20290 (52%)$4,013104 (60%)$7,132
2016-1786 (50%)$3,64883 (48%)$3,68393 (54%)$6,675
2017-18117 (55%)$4,61395 (45%)$4,955125 (59%)$7,584
2018-1994 (42%)$4,54778 (35%)$4,807105 (47%)$7,214
2019-2095 (41%)$4,99381 (35%)$5,312121 (52%)$7,205
2020-2169 (26%)$5,04068 (26%)$4,99787 (33%)$6,865
2021-22113 (43%)$4,87998 (37%)$4,983125 (47%)$7,562
2022-23135 (49%)$4,394114 (41%)$4,651141 (51%)$6,683
Average95 (43.67%)$4,42185 (39.33%)$4,541110 (50.89%)$7,063
*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, 29 (66.22 % of students) received grants or scholarships and its average amount is $4,733. It can cover 24.97% of tuition & fees ($18,950).

In addition, 33 (77.33 % of students) students get helped from the students loans (average amount : $6,440).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1517 (45%)$3,79032 (84%)$6,497
2015-1629 (59%)$5,30939 (80%)$6,006
2016-1721 (55%)$4,30928 (74%)$6,589
2017-1835 (78%)$3,78936 (80%)$6,582
2018-1933 (75%)$4,17234 (77%)$6,530
2019-2040 (67%)$5,06347 (78%)$6,409
2020-2121 (55%)$5,55523 (61%)$6,624
2021-2234 (85%)$5,44834 (85%)$6,561
2022-2327 (77%)$5,15827 (77%)$6,160
Average29 (66.22%)$4,73333 (77.33%)$6,440
*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, 23 (54.11 % of students) received Pell (federal) grants and its average amount is $4,969.

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
2014-1517 (45%)$3,790------
2015-1629 (59%)$4,723----13 (27%)$1,308
2016-1721 (55%)$4,309------
2017-1821 (47%)$4,458----21 (47%)$1,857
2018-1922 (50%)$4,848----18 (41%)$1,722
2019-2031 (52%)$5,598----17 (28%)$1,706
2020-2121 (55%)$5,412----1 (3%)$3,000
2021-2229 (73%)$5,457----13 (33%)$2,077
2022-2318 (51%)$6,126----17 (49%)$1,706
Average23 (54.11%)$4,969----14 (32.57%)$1,911
*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 (77.33 % 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
2014-1532 (84%)$6,49732 (84%)$6,497--
2015-1639 (80%)$6,00639 (80%)$6,006--
2016-1728 (74%)$6,58928 (74%)$6,589--
2017-1836 (80%)$6,58236 (80%)$6,582--
2018-1934 (77%)$6,53034 (77%)$6,530--
2019-2047 (78%)$6,40947 (78%)$6,409--
2020-2123 (61%)$6,62423 (61%)$6,624--
2021-2234 (85%)$6,56134 (85%)$6,561--
2022-2327 (77%)$6,16027 (77%)$6,160--
Average33 (77.33%)$6,44033 (77.33%)$6,440--

Ratings & Review

Share your experiences and thoughts about The Salon Professional Academy-Evansville. It will be a great help to applicants and prospective students!

Be the first reviewer
Most Searched Indiana Colleges (last 30 days)
Related Articles and Ads