Over the past 6 years (2019-2023), the average number of students who received grants aid/scholarships is 45, which is 32.75 % of all undergraduate students. 69 students which is 51.75% of undergraduate students received federal student loans and the average loan amount is $5,354.
For full-time, first-time beginning students (freshmen), 58.00% 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-Washington DC since 2018.
For that period, the average number of students who received grants aid/scholarships is 45, which is 32.75 % of all undergraduate students. 69 students which is 51.75% of undergraduate students received federal student loans and the average loan amount is $5,354.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | - | - | - | - | - | - |
| 2019-20 | 51 (55%) | $5,687 | 51 (55%) | $5,590 | 88 (96%) | $6,542 |
| 2020-21 | 85 (52%) | $3,715 | 85 (52%) | $3,618 | 98 (60%) | $6,159 |
| 2021-22 | 13 (8%) | $2,918 | 13 (8%) | $2,791 | 55 (32%) | $3,791 |
| 2022-23 | 30 (16%) | $4,279 | 29 (16%) | $3,426 | 35 (19%) | $4,923 |
| Average | 45 (32.75%) | $4,150 | 45 (32.75%) | $3,856 | 69 (51.75%) | $5,354 |
For the last 6 years, on average, 13 (58.00 % of students) received grants or scholarships and its average amount is $5,263. It can cover 23.92% of tuition & fees ($22,000).
In addition, 16 (72.50 % of students) students get helped from the students loans (average amount : $8,157).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | - | - | - | - |
| 2019-20 | 26 (87%) | $4,062 | 26 (87%) | $9,402 |
| 2020-21 | 6 (75%) | $7,289 | 8 (100%) | $10,552 |
| 2021-22 | 11 (52%) | $3,448 | 16 (76%) | $7,883 |
| 2022-23 | 8 (18%) | $6,251 | 12 (27%) | $4,791 |
| Average | 13 (58.00%) | $5,263 | 16 (72.50%) | $8,157 |
The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 13 (58.00 % of students) received Pell (federal) grants and its average amount is $4,795.
| 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 | |
| 2018-19 | - | - | - | - | - | - | - | - |
| 2019-20 | 26 (87%) | $4,062 | - | - | - | - | - | - |
| 2020-21 | 6 (75%) | $7,139 | 6 (75%) | $150 | - | - | - | - |
| 2021-22 | 11 (52%) | $3,298 | 11 (52%) | $150 | - | - | - | - |
| 2022-23 | 8 (18%) | $4,680 | 8 (18%) | $1,571 | - | - | - | - |
| Average | 13 (58.00%) | $4,795 | 8 (48.33%) | $624 | - | - | - | - |
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 6 years, on average, 16 (72.50 % of students) get any students loan help and its average loan amount is $16.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | - | - | - | - | - | - |
| 2019-20 | 26 (87%) | $9,402 | 26 (87%) | $9,402 | - | - |
| 2020-21 | 8 (100%) | $10,552 | 8 (100%) | $10,552 | - | - |
| 2021-22 | 16 (76%) | $7,883 | 16 (76%) | $7,883 | - | - |
| 2022-23 | 12 (27%) | $4,791 | 12 (27%) | $4,791 | - | - |
| Average | 16 (72.50%) | $8,157 | 16 (72.50%) | $8,157 | - | - |
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