Scholarships, Grants, and Loan Trends at Universal Spa Training Academy

11%

Received Percent Changed

-$1,461

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 108, which is 50.00 % of all undergraduate students. 134 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $5,806.

For full-time, first-time beginning students (freshmen), 44.00% of students received grants or scholarships and 58% 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 Universal Spa Training Academy since 2014.

For that period, the average number of students who received grants aid/scholarships is 108, which is 50.00 % of all undergraduate students. 134 students which is 62.56% of undergraduate students received federal student loans and the average loan amount is $5,806.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1561 (40%)$4,66450 (33%)$4,25067 (44%)$7,888
2015-16132 (60%)$2,841111 (50%)$2,331156 (71%)$6,789
2016-1764 (41%)$3,38464 (41%)$3,22088 (56%)$6,534
2017-1883 (50%)$2,70783 (50%)$2,707107 (64%)$5,109
2018-19111 (51%)$3,169111 (51%)$3,169130 (60%)$4,971
2019-20127 (55%)$2,182127 (55%)$2,182172 (75%)$4,887
2020-21113 (51%)$2,966113 (51%)$2,966175 (78%)$4,099
2021-22151 (51%)$3,115151 (51%)$3,115176 (59%)$4,852
2022-23126 (51%)$3,203126 (51%)$3,203136 (56%)$7,127
Average108 (50.00%)$3,137104 (48.11%)$3,016134 (62.56%)$5,806
*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, 37 (44.00 % of students) received grants or scholarships and its average amount is $3,211. It can cover 18.56% of tuition & fees ($17,300).

In addition, 48 (58.22 % of students) students get helped from the students loans (average amount : $5,533).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1540 (41%)$3,74168 (69%)$6,163
2015-1692 (51%)$2,939116 (64%)$5,372
2016-1731 (31%)$3,26940 (40%)$5,794
2017-1843 (41%)$2,95263 (61%)$4,977
2018-1916 (46%)$2,99316 (46%)$4,665
2019-2012 (38%)$3,09022 (69%)$4,933
2020-2115 (33%)$3,27326 (58%)$4,864
2021-2227 (47%)$3,30124 (41%)$5,198
2022-2353 (68%)$3,34259 (76%)$7,831
Average37 (44.00%)$3,21148 (58.22%)$5,533
*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, 35 (42.78 % of students) received Pell (federal) grants and its average amount is $3,265.

In addition, 2 students received State/local government grants/scholarships (1.33 % of students).

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
2014-1529 (30%)$4,659--1 (1%)$5,00010 (10%)$953
2015-1692 (51%)$2,812--2 (1%)$5,850--
2016-1731 (31%)$2,961--2 (2%)$4,775--
2017-1843 (41%)$2,952------
2018-1916 (46%)$2,993------
2019-2012 (38%)$3,090------
2020-2115 (33%)$3,273------
2021-2227 (47%)$3,301------
2022-2353 (68%)$3,342------
Average35 (42.78%)$3,265--2 (1.33%)$5,20810 (10.00%)$953
*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, 48 (58.22 % of students) get any students loan help and its average loan amount is $48.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1568 (69%)$6,16366 (67%)$6,2512 (2%)$3,250
2015-16116 (64%)$5,372116 (64%)$5,372--
2016-1740 (40%)$5,79440 (40%)$5,794--
2017-1863 (61%)$4,97763 (61%)$4,977--
2018-1916 (46%)$4,66516 (46%)$4,665--
2019-2022 (69%)$4,93322 (69%)$4,933--
2020-2126 (58%)$4,86426 (58%)$4,864--
2021-2224 (41%)$5,19824 (41%)$5,198--
2022-2359 (76%)$7,83159 (76%)$7,831--
Average48 (58.22%)$5,53348 (58.00%)$5,5432 (2.00%)$3,250

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