Scholarships, Grants, and Loan Trends at The Salon Professional Academy-St Charles

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 122, which is 65.56 % of all undergraduate students. 82 students which is 44.89% of undergraduate students received federal student loans and the average loan amount is $6,983.
For full-time, first-time beginning students (freshmen), 74.44% of students received grants or scholarships and 47% 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 The Salon Professional Academy-St Charles since 2013.
For that period, the average number of students who received grants aid/scholarships is 122, which is 65.56 % of all undergraduate students. 82 students which is 44.89% of undergraduate students received federal student loans and the average loan amount is $6,983.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14103 (64%)$4,44676 (47%)$4,01085 (53%)$7,949
2014-1594 (75%)$3,84960 (48%)$3,95272 (58%)$7,200
2015-1698 (69%)$3,25164 (45%)$3,59778 (55%)$6,598
2016-17118 (69%)$4,77474 (44%)$3,93190 (53%)$7,086
2017-18139 (71%)$3,52354 (27%)$5,698104 (53%)$7,566
2018-1954 (29%)$2,73720 (11%)$3,33222 (12%)$5,922
2019-20141 (78%)$3,17145 (25%)$4,55050 (28%)$7,282
2020-21158 (70%)$4,03471 (32%)$5,521110 (49%)$5,795
2021-22190 (65%)$3,93087 (30%)$5,482126 (43%)$7,446
Average122 (65.56%)$3,74661 (34.33%)$4,45382 (44.89%)$6,983

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

For the last 10 years, on average, 45 (74.44 % of students) received grants or scholarships and its average amount is $3,890. It can cover 19.49% of tuition & fees ($19,954).
In addition, 27 (46.56 % of students) students get helped from the students loans (average amount : $7,557).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1433 (69%)$4,29323 (48%)$8,613
2014-1527 (79%)$4,19419 (56%)$8,821
2015-1622 (88%)$4,46216 (64%)$6,694
2016-1740 (80%)$3,97727 (54%)$6,909
2017-1850 (71%)$3,40136 (51%)$7,703
2018-1951 (66%)$2,89822 (29%)$5,922
2019-2054 (78%)$3,37220 (29%)$6,745
2020-2159 (70%)$4,29740 (48%)$8,413
2021-2272 (69%)$4,11642 (40%)$8,193
Average45 (74.44%)$3,89027 (46.56%)$7,557
*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, 21 (38.00 % of students) received Pell (federal) grants and its average amount is $4,637.
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
2013-1425 (52%)$4,075----12 (25%)$3,316
2014-1516 (47%)$4,249----16 (47%)$2,828
2015-1614 (56%)$4,558----16 (64%)$2,147
2016-1724 (48%)$4,649----26 (52%)$1,827
2017-1823 (33%)$4,606----37 (53%)$1,733
2018-1917 (22%)$3,920----34 (44%)$2,387
2019-2017 (25%)$4,484----49 (71%)$2,161
2020-2125 (30%)$6,004----44 (52%)$2,350
2021-2230 (29%)$5,191----54 (51%)$2,605
Average21 (38.00%)$4,637----32 (51.00%)$2,373
*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, 27 (46.56 % of students) get any students loan help and its average loan amount is $27.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (48%)$8,61323 (48%)$8,613--
2014-1519 (56%)$8,82119 (56%)$8,821--
2015-1616 (64%)$6,69416 (64%)$6,694--
2016-1727 (54%)$6,90927 (54%)$6,909--
2017-1836 (51%)$7,70336 (51%)$7,703--
2018-1922 (29%)$5,92222 (29%)$5,922--
2019-2020 (29%)$6,74520 (29%)$6,745--
2020-2140 (48%)$8,41340 (48%)$8,413--
2021-2242 (40%)$8,19342 (40%)$8,193--
Average27 (46.56%)$7,55727 (46.56%)$7,557--
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