Scholarships, Grants, and Loan Trends at Summit Salon Academy-Gainesville

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 78, which is 60.11 % of all undergraduate students. 81 students which is 61.89% of undergraduate students received federal student loans and the average loan amount is $5,850.
For full-time, first-time beginning students (freshmen), 76.78% of students received grants or scholarships and 73% 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 Summit Salon Academy-Gainesville since 2013.
For that period, the average number of students who received grants aid/scholarships is 78, which is 60.11 % of all undergraduate students. 81 students which is 61.89% of undergraduate students received federal student loans and the average loan amount is $5,850.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1424 (25%)$4,75822 (23%)$5,10024 (25%)$6,505
2014-1525 (33%)$5,45025 (33%)$5,45025 (33%)$6,500
2015-1680 (59%)$3,65279 (58%)$3,43374 (54%)$6,678
2016-17109 (77%)$3,455105 (74%)$3,247103 (73%)$6,398
2017-18101 (76%)$3,24898 (74%)$3,322107 (80%)$5,328
2018-1984 (68%)$4,56284 (68%)$4,14986 (70%)$5,980
2019-2081 (65%)$4,11379 (63%)$3,72588 (70%)$5,062
2020-21103 (66%)$4,086103 (66%)$4,086109 (69%)$5,486
2021-2298 (72%)$4,08298 (72%)$4,082114 (83%)$4,710
Average78 (60.11%)$4,15677 (59.00%)$4,06681 (61.89%)$5,850

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

For the last 10 years, on average, 44 (76.78 % of students) received grants or scholarships and its average amount is $4,437. It can cover 33.50% of tuition & fees ($13,245).
In addition, 42 (73.44 % of students) students get helped from the students loans (average amount : $6,279).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1424 (92%)$4,75824 (92%)$6,505
2014-1525 (93%)$5,39025 (93%)$6,500
2015-1626 (72%)$3,71121 (58%)$6,905
2016-1765 (74%)$3,38760 (68%)$6,237
2017-1859 (69%)$3,95161 (71%)$5,946
2018-1931 (70%)$4,27628 (64%)$6,045
2019-2043 (62%)$5,08446 (67%)$6,737
2020-2164 (74%)$4,82368 (78%)$6,663
2021-2256 (85%)$4,55446 (70%)$4,975
Average44 (76.78%)$4,43742 (73.44%)$6,279
*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, 43 (75.00 % of students) received Pell (federal) grants and its average amount is $4,381.
In addition, 2 students received State/local government grants/scholarships (3.25 % 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
2013-1422 (85%)$5,100----4 (15%)$500
2014-1525 (93%)$5,350----2 (7%)$500
2015-1625 (69%)$3,357--2 (6%)$6,280--
2016-1762 (70%)$3,107--3 (3%)$7,8492 (2%)$2,000
2017-1858 (67%)$4,010--1 (1%)$500--
2018-1931 (70%)$4,276------
2019-2043 (62%)$4,848--2 (3%)$5,064--
2020-2164 (74%)$4,823------
2021-2256 (85%)$4,554------
Average43 (75.00%)$4,381--2 (3.25%)$4,9233 (8.00%)$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 10 years, on average, 42 (73.44 % of students) get any students loan help and its average loan amount is $42.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1424 (92%)$6,50524 (92%)$6,505--
2014-1525 (93%)$6,50025 (93%)$6,500--
2015-1621 (58%)$6,90521 (58%)$6,905--
2016-1760 (68%)$6,23760 (68%)$6,237--
2017-1861 (71%)$5,94661 (71%)$5,946--
2018-1928 (64%)$6,04528 (64%)$6,045--
2019-2046 (67%)$6,73746 (67%)$6,737--
2020-2168 (78%)$6,66368 (78%)$6,663--
2021-2246 (70%)$4,97546 (70%)$4,975--
Average42 (73.44%)$6,27942 (73.44%)$6,279--
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