How The Salon Professional 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 The Salon Professional Academy since 2011.

For that period, the average number of students who received grants aid/scholarships is 61, which is 48.64 % of all undergraduate students. 68 students which is 52.45% of undergraduate students received federal student loans and the average loan amount is $6,603.

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	102 (55%)	$3,679	102 (55%)	$3,679	169 (91%)	$6,361
2012-13	63 (40%)	$3,765	63 (40%)	$3,765	66 (42%)	$5,368
2013-14	68 (39%)	$3,819	68 (39%)	$3,819	72 (42%)	$5,543
2014-15	72 (45%)	$4,407	72 (45%)	$4,407	78 (48%)	$5,734
2015-16	78 (57%)	$4,365	78 (57%)	$4,365	68 (50%)	$7,333
2016-17	56 (46%)	$4,631	56 (46%)	$4,631	66 (54%)	$7,981
2017-18	50 (47%)	$5,347	50 (47%)	$5,347	48 (45%)	$7,048
2018-19	63 (62%)	$5,631	63 (62%)	$5,631	67 (66%)	$9,262
2019-20	36 (38%)	$5,919	36 (38%)	$5,919	43 (46%)	$6,549
2020-21	41 (50%)	$4,158	39 (48%)	$4,275	44 (54%)	$5,655
2021-22	45 (56%)	$3,682	44 (55%)	$3,739	31 (39%)	$5,798
Average	61 (48.64%)	$4,491	61 (48.36%)	$4,507	68 (52.45%)	$6,603

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

For the last 12 years, on average, 31 (65.82 % of students) received grants or scholarships and its average amount is $4,571. It can cover 28.78% of tuition & fees ($15,885).

In addition, 34 (70.64 % of students) students get helped from the students loans (average amount : $5,851).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	59 (91%)	$3,713	59 (91%)	$6,127
2012-13	42 (67%)	$3,979	42 (67%)	$5,341
2013-14	30 (67%)	$3,752	33 (73%)	$3,482
2014-15	52 (74%)	$4,592	56 (80%)	$5,133
2015-16	30 (70%)	$4,460	26 (60%)	$5,765
2016-17	21 (55%)	$4,962	28 (74%)	$6,439
2017-18	23 (72%)	$4,741	18 (56%)	$6,116
2018-19	33 (70%)	$4,728	43 (91%)	$7,570
2019-20	22 (54%)	$5,144	29 (71%)	$6,408
2020-21	19 (48%)	$5,199	22 (55%)	$6,195
2021-22	15 (56%)	$5,015	16 (59%)	$5,786
Average	31 (65.82%)	$4,571	34 (70.64%)	$5,851

^*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, 31 (65.82 % of students) received Pell (federal) grants and its average amount is $4,549.

In addition, 3 students received State/local government grants/scholarships (7.50 % 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	59 (91%)	$3,679	-	-	-	-	2 (3%)	$1,000
2012-13	42 (67%)	$3,979	-	-	-	-	-	-
2013-14	30 (67%)	$3,752	-	-	-	-	-	-
2014-15	52 (74%)	$4,592	-	-	-	-	-	-
2015-16	30 (70%)	$4,460	-	-	-	-	-	-
2016-17	21 (55%)	$4,962	-	-	-	-	-	-
2017-18	23 (72%)	$4,741	-	-	-	-	-	-
2018-19	33 (70%)	$4,728	-	-	-	-	-	-
2019-20	22 (54%)	$5,144	-	-	-	-	-	-
2020-21	19 (48%)	$5,067	-	-	3 (8%)	$833	-	-
2021-22	15 (56%)	$4,938	-	-	2 (7%)	$578	-	-
Average	31 (65.82%)	$4,549	-	-	3 (7.50%)	$706	2 (3.00%)	$1,000

^*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, 34 (70.64 % of students) get any students loan help and its average loan amount is $34.

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	59 (91%)	$6,127	59 (91%)	$6,127	-	-
2012-13	42 (67%)	$5,341	42 (67%)	$5,341	-	-
2013-14	33 (73%)	$3,482	33 (73%)	$3,482	-	-
2014-15	56 (80%)	$5,133	56 (80%)	$5,133	-	-
2015-16	26 (60%)	$5,765	26 (60%)	$5,765	-	-
2016-17	28 (74%)	$6,439	28 (74%)	$6,439	-	-
2017-18	18 (56%)	$6,116	18 (56%)	$6,116	-	-
2018-19	43 (91%)	$7,570	43 (91%)	$7,570	-	-
2019-20	29 (71%)	$6,408	29 (71%)	$6,408	-	-
2020-21	22 (55%)	$6,195	22 (55%)	$6,195	-	-
2021-22	16 (59%)	$5,786	16 (59%)	$5,786	-	-
Average	34 (70.64%)	$5,851	34 (70.64%)	$5,851	-	-

Scholarships, Grants, and Loan Trends at The Salon Professional Academy

All Undergraduate Students Financial Aid Over Time

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

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