Scholarships, Grants, and Loan Trends at The Salon Professional Academy-Washington DC

Over the past 5 years (2018-2022), the average number of students who received grants aid/scholarships is 50, which is 38.33 % of all undergraduate students. 80 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $5,497.
For full-time, first-time beginning students (freshmen), 71.33% of students received grants or scholarships and 88% 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-Washington DC since 2018.
For that period, the average number of students who received grants aid/scholarships is 50, which is 38.33 % of all undergraduate students. 80 students which is 62.67% of undergraduate students received federal student loans and the average loan amount is $5,497.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2018-19------
2019-2051 (55%)$5,68751 (55%)$5,59088 (96%)$6,542
2020-2185 (52%)$3,71585 (52%)$3,61898 (60%)$6,159
2021-2213 (8%)$2,91813 (8%)$2,79155 (32%)$3,791
Average50 (38.33%)$4,10750 (38.33%)$4,00080 (62.67%)$5,497

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

For the last 5 years, on average, 14 (71.33 % of students) received grants or scholarships and its average amount is $4,933. It can cover 23.95% of tuition & fees ($20,600).
In addition, 17 (87.67 % of students) students get helped from the students loans (average amount : $9,279).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2018-19----
2019-2026 (87%)$4,06226 (87%)$9,402
2020-216 (75%)$7,2898 (100%)$10,552
2021-2211 (52%)$3,44816 (76%)$7,883
Average14 (71.33%)$4,93317 (87.67%)$9,279
*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 5 years, on average, 14 (71.33 % of students) received Pell (federal) grants and its average amount is $4,833.
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
2018-19--------
2019-2026 (87%)$4,062------
2020-216 (75%)$7,1396 (75%)$150----
2021-2211 (52%)$3,29811 (52%)$150----
Average14 (71.33%)$4,8339 (63.50%)$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..
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 5 years, on average, 17 (87.67 % 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
2018-19------
2019-2026 (87%)$9,40226 (87%)$9,402--
2020-218 (100%)$10,5528 (100%)$10,552--
2021-2216 (76%)$7,88316 (76%)$7,883--
Average17 (87.67%)$9,27917 (87.67%)$9,279--
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