Scholarships, Grants, and Loan Trends at Academy of Salon Professionals

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 42, which is 62.89 % of all undergraduate students. 41 students which is 60.67% of undergraduate students received federal student loans and the average loan amount is $7,620.
For full-time, first-time beginning students (freshmen), 67.22% of students received grants or scholarships and 78% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Academy of Salon Professionals since 2013.
For that period, the average number of students who received grants aid/scholarships is 42, which is 62.89 % of all undergraduate students. 41 students which is 60.67% of undergraduate students received federal student loans and the average loan amount is $7,620.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1417 (46%)$3,63617 (46%)$3,63613 (35%)$7,220
2014-1527 (55%)$4,08927 (55%)$4,08927 (55%)$8,019
2015-1644 (66%)$4,07944 (66%)$4,07950 (75%)$8,586
2016-1748 (65%)$3,83447 (64%)$3,89446 (62%)$7,555
2017-1852 (63%)$4,38148 (58%)$4,57951 (61%)$7,257
2018-1939 (57%)$5,04735 (51%)$5,33843 (63%)$8,601
2019-2046 (68%)$5,38839 (57%)$5,77945 (66%)$7,459
2020-2148 (68%)$5,06847 (66%)$5,05940 (56%)$6,916
2021-2261 (78%)$4,31552 (67%)$4,63857 (73%)$6,971
Average42 (62.89%)$4,42640 (58.89%)$4,56641 (60.67%)$7,620

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

For the last 10 years, on average, 14 (67.22 % of students) received grants or scholarships and its average amount is $4,716. It can cover 34.93% of tuition & fees ($13,500).
In addition, 17 (77.67 % of students) students get helped from the students loans (average amount : $7,329).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143 (30%)$5,6453 (30%)$9,500
2014-1513 (100%)$4,41313 (100%)$8,577
2015-1611 (79%)$5,00114 (100%)$7,297
2016-1719 (79%)$4,21220 (83%)$6,892
2017-1822 (73%)$4,67225 (83%)$6,824
2018-1912 (57%)$4,30215 (71%)$7,417
2019-2017 (63%)$4,97520 (74%)$6,771
2020-2113 (65%)$4,90614 (70%)$6,382
2021-2220 (59%)$4,31830 (88%)$6,303
Average14 (67.22%)$4,71617 (77.67%)$7,329
*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, 14 (67.22 % of students) received Pell (federal) grants and its average amount is $4,713.
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
2013-143 (30%)$5,645------
2014-1513 (100%)$4,413------
2015-1611 (79%)$5,001------
2016-1719 (79%)$4,212------
2017-1822 (73%)$4,649----1 (3%)$500
2018-1912 (57%)$4,302------
2019-2017 (63%)$4,975------
2020-2113 (65%)$4,906------
2021-2220 (59%)$4,318------
Average14 (67.22%)$4,713----1 (3.00%)$500
*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, 17 (77.67 % of students) get any students loan help and its average loan amount is $17.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-143 (30%)$9,5003 (30%)$9,500--
2014-1513 (100%)$8,57713 (100%)$8,577--
2015-1614 (100%)$7,29714 (100%)$7,297--
2016-1720 (83%)$6,89220 (83%)$6,892--
2017-1825 (83%)$6,82425 (83%)$6,824--
2018-1915 (71%)$7,41715 (71%)$7,417--
2019-2020 (74%)$6,77120 (74%)$6,771--
2020-2114 (70%)$6,38214 (70%)$6,382--
2021-2230 (88%)$6,30330 (88%)$6,303--
Average17 (77.67%)$7,32917 (77.67%)$7,329--
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