How The Spa School'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 The Spa School since 2013.

For that period, the average number of students who received grants aid/scholarships is 157, which is 64.78 % of all undergraduate students. 124 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $4,573.

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	110 (52%)	$2,880	103 (49%)	$2,962	131 (62%)	$4,397
2014-15	114 (49%)	$2,812	91 (39%)	$3,123	116 (50%)	$4,947
2015-16	157 (67%)	$5,520	76 (32%)	$3,488	105 (45%)	$4,971
2016-17	160 (68%)	$5,606	87 (37%)	$3,207	117 (50%)	$4,681
2017-18	190 (73%)	$5,387	101 (39%)	$3,481	126 (49%)	$4,359
2018-19	181 (71%)	$5,387	108 (42%)	$3,450	129 (50%)	$4,249
2019-20	143 (67%)	$2,946	107 (50%)	$3,366	127 (60%)	$4,542
2020-21	195 (75%)	$2,504	98 (38%)	$3,547	134 (52%)	$4,424
2021-22	160 (61%)	$3,063	90 (34%)	$3,685	134 (51%)	$4,586
Average	157 (64.78%)	$4,012	96 (40.00%)	$3,368	124 (52.11%)	$4,573

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

Overview

For the last 10 years, on average, 68 (61.78 % of students) received grants or scholarships and its average amount is $3,039. It can cover 17.45% of tuition & fees ($17,415).

In addition, 60 (54.22 % of students) students get helped from the students loans (average amount : $4,374).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	81 (71%)	$3,244	84 (74%)	$4,660
2014-15	43 (52%)	$2,992	38 (46%)	$5,369
2015-16	62 (55%)	$2,739	54 (48%)	$4,866
2016-17	69 (55%)	$2,533	64 (51%)	$4,330
2017-18	77 (59%)	$3,559	70 (54%)	$3,922
2018-19	75 (56%)	$2,855	66 (49%)	$3,819
2019-20	67 (70%)	$3,118	60 (63%)	$4,006
2020-21	67 (68%)	$2,850	48 (49%)	$3,967
2021-22	67 (70%)	$3,458	52 (54%)	$4,431
Average	68 (61.78%)	$3,039	60 (54.22%)	$4,374

^*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, 46 (41.56 % of students) received Pell (federal) grants and its average amount is $3,576.

In addition, 2 students received State/local government grants/scholarships (2.00 % of students).

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	79 (69%)	$3,032	-	-	2 (2%)	$1,750	8 (7%)	$2,469
2014-15	33 (40%)	$3,650	-	-	-	-	13 (16%)	$633
2015-16	36 (32%)	$3,508	-	-	-	-	30 (27%)	$1,450
2016-17	44 (35%)	$3,268	-	-	-	-	38 (30%)	$816
2017-18	50 (38%)	$3,968	-	-	-	-	41 (32%)	$1,845
2018-19	50 (37%)	$3,617	-	-	-	-	29 (21%)	$1,148
2019-20	46 (48%)	$3,391	-	-	-	-	34 (35%)	$1,556
2020-21	34 (35%)	$3,949	46 (47%)	$883	-	-	20 (20%)	$803
2021-22	38 (40%)	$3,803	27 (28%)	$1,365	-	-	35 (36%)	$1,437
Average	46 (41.56%)	$3,576	37 (37.50%)	$1,124	2 (2.00%)	$1,750	28 (24.89%)	$1,351

^*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, 60 (54.22 % of students) get any students loan help and its average loan amount is $60.

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	84 (74%)	$4,660	84 (74%)	$4,660	-	-
2014-15	38 (46%)	$5,369	38 (46%)	$5,369	-	-
2015-16	54 (48%)	$4,866	54 (48%)	$4,866	-	-
2016-17	64 (51%)	$4,330	64 (51%)	$4,330	-	-
2017-18	70 (54%)	$3,922	70 (54%)	$3,922	-	-
2018-19	66 (49%)	$3,819	66 (49%)	$3,819	-	-
2019-20	60 (63%)	$4,006	60 (63%)	$4,006	-	-
2020-21	48 (49%)	$3,967	48 (49%)	$3,967	-	-
2021-22	52 (54%)	$4,431	52 (54%)	$4,431	-	-
Average	60 (54.22%)	$4,374	60 (54.22%)	$4,374	-	-

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Scholarships, Grants, and Loan Trends at The Spa School

All Undergraduate Students Financial Aid Over Time

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