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 113, which is 53.18 % of all undergraduate students. 129 students which is 60.82% of undergraduate students received federal student loans and the average loan amount is $7,781.

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	128 (53%)	$4,240	127 (52%)	$4,244	153 (63%)	$8,894
2012-13	137 (57%)	$3,989	125 (52%)	$4,041	139 (58%)	$10,139
2013-14	122 (50%)	$4,424	113 (47%)	$4,625	142 (58%)	$10,060
2014-15	120 (53%)	$4,064	117 (51%)	$4,018	130 (57%)	$9,373
2015-16	102 (50%)	$4,178	99 (49%)	$4,098	129 (64%)	$6,928
2016-17	102 (52%)	$4,777	100 (51%)	$4,585	133 (67%)	$7,557
2017-18	87 (50%)	$4,869	85 (49%)	$4,669	109 (62%)	$6,477
2018-19	95 (52%)	$4,889	92 (51%)	$4,878	117 (65%)	$6,675
2019-20	137 (65%)	$3,997	88 (42%)	$5,065	121 (57%)	$7,044
2020-21	145 (70%)	$4,467	110 (53%)	$4,662	146 (71%)	$5,599
2021-22	70 (33%)	$5,666	70 (33%)	$5,533	100 (47%)	$6,849
Average	113 (53.18%)	$4,505	102 (48.18%)	$4,583	129 (60.82%)	$7,781

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

For the last 12 years, on average, 38 (62.45 % of students) received grants or scholarships and its average amount is $4,696. It can cover 25.11% of tuition & fees ($18,700).

In addition, 46 (73.82 % of students) students get helped from the students loans (average amount : $7,993).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	72 (55%)	$4,056	93 (72%)	$8,889
2012-13	53 (65%)	$4,068	62 (76%)	$11,057
2013-14	35 (58%)	$4,731	51 (85%)	$10,102
2014-15	34 (57%)	$4,563	47 (78%)	$10,243
2015-16	31 (63%)	$4,462	39 (80%)	$6,511
2016-17	23 (61%)	$5,097	31 (82%)	$6,658
2017-18	18 (58%)	$5,720	19 (61%)	$6,567
2018-19	34 (64%)	$5,323	43 (81%)	$6,522
2019-20	42 (86%)	$3,043	35 (71%)	$6,829
2020-21	36 (82%)	$5,050	35 (80%)	$5,849
2021-22	39 (38%)	$5,540	47 (46%)	$8,698
Average	38 (62.45%)	$4,696	46 (73.82%)	$7,993

^*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, 34 (55.27 % of students) received Pell (federal) grants and its average amount is $4,753.

In addition, 2 students received State/local government grants/scholarships (3.00 % 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	67 (52%)	$4,288	-	-	3 (2%)	$917	2 (2%)	$1,000
2012-13	46 (56%)	$4,181	-	-	2 (2%)	$6,438	10 (12%)	$1,040
2013-14	34 (57%)	$4,840	-	-	-	-	1 (2%)	$1,000
2014-15	34 (57%)	$4,414	3 (5%)	$667	1 (2%)	$1,667	1 (2%)	$1,400
2015-16	30 (61%)	$4,369	8 (16%)	$758	-	-	1 (2%)	$1,200
2016-17	23 (61%)	$4,553	2 (5%)	$800	-	-	2 (5%)	$5,454
2017-18	18 (58%)	$5,024	5 (16%)	$658	2 (6%)	$4,611	-	-
2018-19	34 (64%)	$5,239	3 (6%)	$623	-	-	1 (2%)	$1,000
2019-20	21 (43%)	$4,533	38 (78%)	$859	-	-	-	-
2020-21	27 (61%)	$5,413	30 (68%)	$1,188	-	-	-	-
2021-22	39 (38%)	$5,425	9 (9%)	$500	-	-	-	-
Average	34 (55.27%)	$4,753	12 (25.38%)	$757	2 (3.00%)	$3,408	3 (3.86%)	$1,728

^*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, 46 (73.82 % of students) get any students loan help and its average loan amount is $46.

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	93 (72%)	$8,889	93 (72%)	$8,889	-	-
2012-13	62 (76%)	$11,057	62 (76%)	$11,057	-	-
2013-14	51 (85%)	$10,102	51 (85%)	$10,102	-	-
2014-15	47 (78%)	$10,243	47 (78%)	$10,243	-	-
2015-16	39 (80%)	$6,511	39 (80%)	$6,511	-	-
2016-17	31 (82%)	$6,658	31 (82%)	$6,658	-	-
2017-18	19 (61%)	$6,567	19 (61%)	$6,567	-	-
2018-19	43 (81%)	$6,522	43 (81%)	$6,522	-	-
2019-20	35 (71%)	$6,829	35 (71%)	$6,829	-	-
2020-21	35 (80%)	$5,849	35 (80%)	$5,849	-	-
2021-22	47 (46%)	$8,698	47 (46%)	$8,698	-	-
Average	46 (73.82%)	$7,993	46 (73.82%)	$7,993	-	-

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

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