Over the past 7 years (2018-2023), the average number of students who received grants aid/scholarships is 32, which is 42.33 % of all undergraduate students. 41 students which is 55.00% of undergraduate students received federal student loans and the average loan amount is $7,606.
For full-time, first-time beginning students (freshmen), 59.00% of students received grants or scholarships and 73% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at The Salon Professional Academy-Georgetown since 2017.
For that period, the average number of students who received grants aid/scholarships is 32, which is 42.33 % of all undergraduate students. 41 students which is 55.00% of undergraduate students received federal student loans and the average loan amount is $7,606.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2017-18 | 4 (8%) | $3,563 | 4 (8%) | $3,563 | 2 (4%) | $9,500 |
| 2018-19 | 28 (41%) | $5,927 | 28 (41%) | $5,927 | 38 (56%) | $9,298 |
| 2019-20 | 54 (78%) | $4,420 | 37 (54%) | $4,531 | 55 (80%) | $4,572 |
| 2020-21 | 36 (49%) | $6,017 | 36 (49%) | $5,361 | 50 (68%) | $6,515 |
| 2021-22 | 30 (38%) | $7,489 | 28 (36%) | $6,316 | 55 (71%) | $7,826 |
| 2022-23 | 37 (40%) | $6,038 | 37 (40%) | $6,038 | 47 (51%) | $7,922 |
| Average | 32 (42.33%) | $5,576 | 28 (38.00%) | $5,289 | 41 (55.00%) | $7,606 |
For the last 7 years, on average, 22 (59.00 % of students) received grants or scholarships and its average amount is $5,746. It can cover 33.55% of tuition & fees ($17,125).
In addition, 28 (73.40 % of students) students get helped from the students loans (average amount : $6,083).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2017-18 | - | - | - | - |
| 2018-19 | 15 (60%) | $5,245 | 22 (88%) | $5,614 |
| 2019-20 | 28 (88%) | $4,750 | 30 (94%) | $4,572 |
| 2020-21 | 23 (56%) | $6,457 | 23 (56%) | $4,881 |
| 2021-22 | 21 (45%) | $6,744 | 31 (66%) | $8,452 |
| 2022-23 | 25 (46%) | $5,535 | 34 (63%) | $6,896 |
| Average | 22 (59.00%) | $5,746 | 28 (73.40%) | $6,083 |
The following table shows the trends of grants or scholarships over time. For the last 7 years, on average, 21 (53.20 % of students) received Pell (federal) grants and its average amount is $5,458.
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2017-18 | - | - | - | - | - | - | - | - |
| 2018-19 | 15 (60%) | $5,245 | - | - | - | - | - | - |
| 2019-20 | 19 (59%) | $5,724 | - | - | - | - | 18 (56%) | $1,347 |
| 2020-21 | 23 (56%) | $5,457 | - | - | - | - | 23 (56%) | $1,000 |
| 2021-22 | 21 (45%) | $5,328 | 14 (30%) | $911 | - | - | 17 (36%) | $1,000 |
| 2022-23 | 25 (46%) | $5,535 | - | - | - | - | - | - |
| Average | 21 (53.20%) | $5,458 | 14 (30.00%) | $911 | - | - | 19 (49.33%) | $1,116 |
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 7 years, on average, 28 (73.40 % of students) get any students loan help and its average loan amount is $28.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2017-18 | - | - | - | - | - | - |
| 2018-19 | 22 (88%) | $5,614 | 22 (88%) | $5,614 | - | - |
| 2019-20 | 30 (94%) | $4,572 | 30 (94%) | $4,572 | - | - |
| 2020-21 | 23 (56%) | $4,881 | 23 (56%) | $4,881 | - | - |
| 2021-22 | 31 (66%) | $8,452 | 31 (66%) | $8,452 | - | - |
| 2022-23 | 34 (63%) | $6,896 | 34 (63%) | $6,896 | - | - |
| Average | 28 (73.40%) | $6,083 | 28 (73.40%) | $6,083 | - | - |
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