Scholarships, Grants, and Loan Trends at International Salon and Spa Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 259, which is 62.56 % of all undergraduate students. 214 students which is 51.78% of undergraduate students received federal student loans and the average loan amount is $5,942.
For full-time, first-time beginning students (freshmen), 68.67% of students received grants or scholarships and 69% 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 International Salon and Spa Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 259, which is 62.56 % of all undergraduate students. 214 students which is 51.78% of undergraduate students received federal student loans and the average loan amount is $5,942.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14235 (62%)$3,345203 (53%)$3,292219 (57%)$6,514
2014-15237 (62%)$4,350227 (59%)$3,722190 (50%)$6,209
2015-16258 (63%)$5,041235 (58%)$3,741209 (51%)$6,815
2016-17287 (65%)$5,494268 (60%)$3,865233 (53%)$5,968
2017-18295 (68%)$5,482267 (61%)$4,462226 (52%)$5,581
2018-19290 (63%)$5,674282 (61%)$4,331241 (52%)$5,861
2019-20281 (64%)$4,580255 (58%)$3,803205 (47%)$5,629
2020-21200 (55%)$5,348192 (53%)$4,389176 (48%)$5,416
2021-22245 (61%)$5,447237 (59%)$4,309223 (56%)$5,484
Average259 (62.56%)$4,973241 (58.00%)$3,990214 (51.78%)$5,942

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

For the last 10 years, on average, 32 (68.67 % of students) received grants or scholarships and its average amount is $4,926. It can cover 25.91% of tuition & fees ($19,015).
In addition, 32 (69.00 % of students) students get helped from the students loans (average amount : $6,254).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1442 (75%)$3,36447 (84%)$6,718
2014-1538 (72%)$4,76832 (60%)$7,915
2015-1633 (69%)$3,66432 (67%)$6,658
2016-1732 (71%)$4,40434 (76%)$6,293
2017-1829 (64%)$6,06935 (78%)$5,217
2018-1936 (80%)$6,22728 (62%)$5,793
2019-2033 (69%)$4,43331 (65%)$6,162
2020-2121 (64%)$5,82123 (70%)$5,571
2021-2221 (54%)$5,58723 (59%)$5,957
Average32 (68.67%)$4,92632 (69.00%)$6,254
*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, 30 (65.44 % of students) received Pell (federal) grants and its average amount is $4,374.
In addition, 14 students received State/local government grants/scholarships (31.78 % 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
2013-1435 (63%)$3,37924 (43%)$50021 (38%)$524--
2014-1538 (72%)$4,33719 (36%)$17922 (42%)$591--
2015-1633 (69%)$3,37011 (23%)$20911 (23%)$673--
2016-1732 (71%)$3,87310 (22%)$22014 (31%)$1,056--
2017-1829 (64%)$5,22011 (24%)$1,28116 (36%)$658--
2018-1936 (80%)$4,75117 (38%)$2,2221 (2%)$4,77516 (36%)$663
2019-2029 (60%)$4,10416 (33%)$93119 (40%)$651--
2020-2121 (64%)$5,12914 (42%)$21416 (48%)$721--
2021-2218 (46%)$5,2079 (23%)$1,67010 (26%)$857--
Average30 (65.44%)$4,37415 (31.56%)$82514 (31.78%)$1,16716 (36.00%)$663
*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, 32 (69.00 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1447 (84%)$6,71847 (84%)$6,718--
2014-1532 (60%)$7,91532 (60%)$7,915--
2015-1632 (67%)$6,65832 (67%)$6,658--
2016-1734 (76%)$6,29334 (76%)$6,293--
2017-1835 (78%)$5,21735 (78%)$5,217--
2018-1928 (62%)$5,79328 (62%)$5,793--
2019-2031 (65%)$6,16231 (65%)$6,162--
2020-2123 (70%)$5,57123 (70%)$5,571--
2021-2223 (59%)$5,95723 (59%)$5,957--
Average32 (69.00%)$6,25432 (69.00%)$6,254--
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