How Summit Salon Academy's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Summit Salon Academy since 2011.

For that period, the average number of students who received grants aid/scholarships is 92, which is 52.09 % of all undergraduate students. 101 students which is 57.36% of undergraduate students received federal student loans and the average loan amount is $7,489.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	87 (40%)	$4,139	73 (34%)	$4,387	90 (42%)	$7,191
2012-13	79 (45%)	$4,033	76 (43%)	$3,986	85 (48%)	$7,291
2013-14	66 (40%)	$4,025	64 (39%)	$4,057	76 (46%)	$7,398
2014-15	76 (48%)	$4,189	73 (46%)	$4,116	89 (56%)	$7,178
2015-16	100 (71%)	$4,019	99 (70%)	$3,960	103 (73%)	$8,209
2016-17	100 (61%)	$3,978	100 (61%)	$3,827	114 (70%)	$8,302
2017-18	94 (58%)	$4,353	90 (55%)	$4,098	89 (55%)	$7,874
2018-19	101 (56%)	$4,531	98 (54%)	$4,461	116 (64%)	$7,805
2019-20	97 (54%)	$4,368	93 (51%)	$4,265	107 (59%)	$6,828
2020-21	103 (47%)	$4,792	100 (46%)	$4,726	128 (59%)	$7,423
2021-22	107 (53%)	$4,474	107 (53%)	$4,446	119 (59%)	$6,883
Average	92 (52.09%)	$4,264	88 (50.18%)	$4,212	101 (57.36%)	$7,489

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 35 (73.09 % of students) received grants or scholarships and its average amount is $4,576. It can cover 30.92% of tuition & fees ($14,800).

In addition, 43 (88.55 % of students) students get helped from the students loans (average amount : $6,746).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	42 (71%)	$5,467	48 (81%)	$7,077
2012-13	40 (80%)	$4,269	43 (86%)	$7,154
2013-14	29 (67%)	$4,504	40 (93%)	$7,465
2014-15	26 (70%)	$4,898	35 (95%)	$6,967
2015-16	31 (89%)	$4,097	34 (97%)	$7,029
2016-17	27 (68%)	$4,860	36 (90%)	$6,164
2017-18	29 (81%)	$4,565	33 (92%)	$6,648
2018-19	32 (70%)	$4,264	40 (87%)	$6,592
2019-20	42 (69%)	$4,369	48 (79%)	$6,401
2020-21	50 (68%)	$4,394	67 (91%)	$6,290
2021-22	42 (71%)	$4,646	49 (83%)	$6,414
Average	35 (73.09%)	$4,576	43 (88.55%)	$6,746

^*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 12 years, on average, 33 (68.55 % of students) received Pell (federal) grants and its average amount is $4,425.

In addition, 11 students received State/local government grants/scholarships (18.50 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	36 (61%)	$4,372	-	-	17 (29%)	$1,235	35 (59%)	$1,464
2012-13	37 (74%)	$4,258	-	-	4 (8%)	$2,177	3 (6%)	$1,500
2013-14	27 (63%)	$4,615	-	-	-	-	2 (5%)	$3,000
2014-15	25 (68%)	$4,734	-	-	-	-	3 (8%)	$3,000
2015-16	30 (86%)	$3,934	-	-	-	-	3 (9%)	$3,000
2016-17	27 (68%)	$4,474	-	-	-	-	4 (10%)	$2,605
2017-18	26 (72%)	$4,169	-	-	-	-	8 (22%)	$3,000
2018-19	30 (65%)	$4,381	-	-	-	-	5 (11%)	$1,000
2019-20	38 (62%)	$4,592	-	-	-	-	9 (15%)	$1,000
2020-21	47 (64%)	$4,526	-	-	-	-	7 (9%)	$1,000
2021-22	42 (71%)	$4,622	-	-	-	-	1 (2%)	$1,000
Average	33 (68.55%)	$4,425	-	-	11 (18.50%)	$1,706	7 (14.18%)	$1,961

^*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 12 years, on average, 43 (88.55 % of students) get any students loan help and its average loan amount is $43.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	48 (81%)	$7,077	48 (81%)	$7,077	-	-
2012-13	43 (86%)	$7,154	43 (86%)	$7,154	-	-
2013-14	40 (93%)	$7,465	40 (93%)	$7,465	-	-
2014-15	35 (95%)	$6,967	35 (95%)	$6,967	-	-
2015-16	34 (97%)	$7,029	34 (97%)	$7,029	-	-
2016-17	36 (90%)	$6,164	36 (90%)	$6,164	-	-
2017-18	33 (92%)	$6,648	33 (92%)	$6,648	-	-
2018-19	40 (87%)	$6,592	40 (87%)	$6,592	-	-
2019-20	48 (79%)	$6,401	48 (79%)	$6,401	-	-
2020-21	67 (91%)	$6,290	67 (91%)	$6,290	-	-
2021-22	49 (83%)	$6,414	49 (83%)	$6,414	-	-
Average	43 (88.55%)	$6,746	43 (88.55%)	$6,746	-	-

Scholarships, Grants, and Loan Trends at Summit Salon Academy

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Compare Summit Salon Academy in a Variety of Ways