How Salon Institute-Toledo Campus'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 Salon Institute-Toledo Campus since 2013.

For that period, the average number of students who received grants aid/scholarships is 64, which is 40.67 % of all undergraduate students. 90 students which is 55.78% of undergraduate students received federal student loans and the average loan amount is $8,628.

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
2013-14	104 (63%)	$3,831	104 (63%)	$3,831	102 (62%)	$9,784
2014-15	48 (35%)	$3,687	48 (35%)	$3,687	58 (42%)	$6,504
2015-16	73 (52%)	$4,594	73 (52%)	$4,594	91 (65%)	$8,819
2016-17	67 (49%)	$4,102	67 (49%)	$4,102	86 (63%)	$7,799
2017-18	61 (45%)	$3,723	61 (45%)	$3,723	92 (67%)	$6,581
2018-19	65 (40%)	$5,346	65 (40%)	$5,346	105 (64%)	$8,688
2019-20	57 (32%)	$5,453	57 (32%)	$5,453	106 (59%)	$9,058
2020-21	36 (18%)	$6,756	36 (18%)	$6,756	56 (27%)	$10,362
2021-22	67 (32%)	$5,773	67 (32%)	$5,773	110 (53%)	$10,056
Average	64 (40.67%)	$4,807	64 (40.67%)	$4,807	90 (55.78%)	$8,628

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

Overview

For the last 10 years, on average, 26 (46.67 % of students) received grants or scholarships and its average amount is $4,544. It can cover 19.13% of tuition & fees ($23,760).

In addition, 40 (72.22 % of students) students get helped from the students loans (average amount : $7,178).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	35 (67%)	$3,963	39 (75%)	$10,417
2014-15	19 (50%)	$4,097	30 (79%)	$6,100
2015-16	20 (53%)	$4,649	34 (89%)	$5,794
2016-17	32 (52%)	$4,474	49 (79%)	$8,274
2017-18	31 (41%)	$3,543	41 (54%)	$7,111
2018-19	31 (46%)	$4,900	54 (79%)	$6,954
2019-20	27 (40%)	$4,973	52 (78%)	$6,389
2020-21	18 (29%)	$5,187	21 (33%)	$7,167
2021-22	19 (42%)	$5,111	38 (84%)	$6,395
Average	26 (46.67%)	$4,544	40 (72.22%)	$7,178

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 26 (46.33 % of students) received Pell (federal) grants and its average amount is $4,568.

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
2013-14	35 (67%)	$3,963	-	-	-	-	-	-
2014-15	18 (47%)	$4,316	-	-	-	-	1 (3%)	$150
2015-16	20 (53%)	$4,649	-	-	-	-	-	-
2016-17	32 (52%)	$4,474	-	-	-	-	-	-
2017-18	31 (41%)	$3,543	-	-	-	-	-	-
2018-19	31 (46%)	$4,900	-	-	-	-	-	-
2019-20	27 (40%)	$4,973	-	-	-	-	-	-
2020-21	18 (29%)	$5,187	-	-	-	-	-	-
2021-22	19 (42%)	$5,111	-	-	-	-	-	-
Average	26 (46.33%)	$4,568	-	-	-	-	1 (3.00%)	$150

^*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..

Student Loans

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, 40 (72.22 % of students) get any students loan help and its average loan amount is $40.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	39 (75%)	$10,417	39 (75%)	$10,417	-	-
2014-15	30 (79%)	$6,100	30 (79%)	$6,100	-	-
2015-16	34 (89%)	$5,794	34 (89%)	$5,794	-	-
2016-17	49 (79%)	$8,274	49 (79%)	$8,274	-	-
2017-18	41 (54%)	$7,111	41 (54%)	$7,111	-	-
2018-19	54 (79%)	$6,954	54 (79%)	$6,954	-	-
2019-20	52 (78%)	$6,389	52 (78%)	$6,389	-	-
2020-21	21 (33%)	$7,167	21 (33%)	$7,167	-	-
2021-22	38 (84%)	$6,395	38 (84%)	$6,395	-	-
Average	40 (72.22%)	$7,178	40 (72.22%)	$7,178	-	-

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Scholarships, Grants, and Loan Trends at Salon Institute-Toledo Campus

All Undergraduate Students Financial Aid Over Time

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