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

13%

Received Percent Changed

$438

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 52, which is 42.78 % of all undergraduate students. 54 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $5,492.

For full-time, first-time beginning students (freshmen), 58.44% of students received grants or scholarships and 62% of students received student loans.

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-Colorado Springs since 2014.

For that period, the average number of students who received grants aid/scholarships is 52, which is 42.78 % of all undergraduate students. 54 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $5,492.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1537 (36%)$4,64435 (34%)$4,82432 (31%)$6,706
2015-1642 (40%)$3,53935 (33%)$3,97546 (44%)$6,888
2016-1730 (26%)$3,53830 (26%)$3,05433 (28%)$4,714
2017-1881 (58%)$4,35581 (58%)$3,95281 (58%)$5,805
2018-1996 (78%)$1,15566 (54%)$1,40275 (61%)$4,746
2019-2029 (25%)$6,59929 (25%)$5,96941 (35%)$5,548
2020-2140 (32%)$6,51540 (32%)$6,31548 (39%)$3,755
2021-2251 (41%)$3,91951 (41%)$3,62067 (54%)$5,670
2022-2361 (49%)$5,08261 (49%)$3,95165 (52%)$5,598
Average52 (42.78%)$4,37248 (39.11%)$4,11854 (44.67%)$5,492
*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, 28 (58.44 % of students) received grants or scholarships and its average amount is $4,405. It can cover 53.72% of tuition & fees ($8,200).

In addition, 27 (61.56 % of students) students get helped from the students loans (average amount : $5,301).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1525 (47%)$4,77326 (49%)$6,206
2015-1617 (45%)$3,74217 (45%)$7,607
2016-1720 (39%)$4,02719 (37%)$4,065
2017-1880 (92%)$3,69160 (69%)$4,302
2018-1934 (72%)$2,49135 (74%)$3,670
2019-2011 (30%)$6,21917 (46%)$5,310
2020-2111 (41%)$5,10119 (70%)$5,176
2021-2220 (71%)$4,99821 (75%)$6,260
2022-2333 (89%)$4,60233 (89%)$5,111
Average28 (58.44%)$4,40527 (61.56%)$5,301
*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, 25 (53.11 % of students) received Pell (federal) grants and its average amount is $4,220.

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
2014-1523 (43%)$5,083----3 (6%)$800
2015-1614 (37%)$4,222----5 (13%)$900
2016-1720 (39%)$3,302----16 (31%)$906
2017-1880 (92%)$3,632----6 (7%)$792
2018-1917 (36%)$4,209----17 (36%)$772
2019-2011 (30%)$4,560----11 (30%)$1,659
2020-2111 (41%)$4,374----11 (41%)$727
2021-2220 (71%)$4,235----20 (71%)$763
2022-2333 (89%)$4,363----9 (24%)$878
Average25 (53.11%)$4,220----11 (28.78%)$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, 27 (61.56 % of students) get any students loan help and its average loan amount is $27.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1526 (49%)$6,20626 (49%)$6,206--
2015-1617 (45%)$7,60717 (45%)$7,607--
2016-1719 (37%)$4,06519 (37%)$4,065--
2017-1860 (69%)$4,30260 (69%)$4,302--
2018-1935 (74%)$3,67035 (74%)$3,670--
2019-2017 (46%)$5,31017 (46%)$5,310--
2020-2119 (70%)$5,17619 (70%)$5,176--
2021-2221 (75%)$6,26021 (75%)$6,260--
2022-2333 (89%)$5,11133 (89%)$5,111--
Average27 (61.56%)$5,30127 (61.56%)$5,301--

Ratings & Review

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