How Universal Spa Training Academy'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 Universal Spa Training Academy since 2013.

For that period, the average number of students who received grants aid/scholarships is 113, which is 53.67 % of all undergraduate students. 140 students which is 66.56% of undergraduate students received federal student loans and the average loan amount is $5,396.

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	174 (84%)	$1,955	174 (84%)	$1,777	189 (92%)	$3,438
2014-15	61 (40%)	$4,664	50 (33%)	$4,250	67 (44%)	$7,888
2015-16	132 (60%)	$2,841	111 (50%)	$2,331	156 (71%)	$6,789
2016-17	64 (41%)	$3,384	64 (41%)	$3,220	88 (56%)	$6,534
2017-18	83 (50%)	$2,707	83 (50%)	$2,707	107 (64%)	$5,109
2018-19	111 (51%)	$3,169	111 (51%)	$3,169	130 (60%)	$4,971
2019-20	127 (55%)	$2,182	127 (55%)	$2,182	172 (75%)	$4,887
2020-21	113 (51%)	$2,966	113 (51%)	$2,966	175 (78%)	$4,099
2021-22	151 (51%)	$3,115	151 (51%)	$3,115	176 (59%)	$4,852
Average	113 (53.67%)	$2,998	109 (51.78%)	$2,857	140 (66.56%)	$5,396

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

Overview

For the last 10 years, on average, 36 (42.67 % of students) received grants or scholarships and its average amount is $3,315. It can cover 19.22% of tuition & fees ($17,250).

In addition, 47 (56.00 % of students) students get helped from the students loans (average amount : $5,352).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	50 (56%)	$4,280	50 (56%)	$6,200
2014-15	40 (41%)	$3,741	68 (69%)	$6,163
2015-16	92 (51%)	$2,939	116 (64%)	$5,372
2016-17	31 (31%)	$3,269	40 (40%)	$5,794
2017-18	43 (41%)	$2,952	63 (61%)	$4,977
2018-19	16 (46%)	$2,993	16 (46%)	$4,665
2019-20	12 (38%)	$3,090	22 (69%)	$4,933
2020-21	15 (33%)	$3,273	26 (58%)	$4,864
2021-22	27 (47%)	$3,301	24 (41%)	$5,198
Average	36 (42.67%)	$3,315	47 (56.00%)	$5,352

^*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, 35 (41.44 % of students) received Pell (federal) grants and its average amount is $3,360.

In addition, 2 students received State/local government grants/scholarships (1.33 % 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	50 (56%)	$4,200	-	-	-	-	5 (6%)	$800
2014-15	29 (30%)	$4,659	-	-	1 (1%)	$5,000	10 (10%)	$953
2015-16	92 (51%)	$2,812	-	-	2 (1%)	$5,850	-	-
2016-17	31 (31%)	$2,961	-	-	2 (2%)	$4,775	-	-
2017-18	43 (41%)	$2,952	-	-	-	-	-	-
2018-19	16 (46%)	$2,993	-	-	-	-	-	-
2019-20	12 (38%)	$3,090	-	-	-	-	-	-
2020-21	15 (33%)	$3,273	-	-	-	-	-	-
2021-22	27 (47%)	$3,301	-	-	-	-	-	-
Average	35 (41.44%)	$3,360	-	-	2 (1.33%)	$5,208	8 (8.00%)	$877

^*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, 47 (56.00 % of students) get any students loan help and its average loan amount is $47.

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	50 (56%)	$6,200	50 (56%)	$6,200	-	-
2014-15	68 (69%)	$6,163	66 (67%)	$6,251	2 (2%)	$3,250
2015-16	116 (64%)	$5,372	116 (64%)	$5,372	-	-
2016-17	40 (40%)	$5,794	40 (40%)	$5,794	-	-
2017-18	63 (61%)	$4,977	63 (61%)	$4,977	-	-
2018-19	16 (46%)	$4,665	16 (46%)	$4,665	-	-
2019-20	22 (69%)	$4,933	22 (69%)	$4,933	-	-
2020-21	26 (58%)	$4,864	26 (58%)	$4,864	-	-
2021-22	24 (41%)	$5,198	24 (41%)	$5,198	-	-
Average	47 (56.00%)	$5,352	47 (55.78%)	$5,362	2 (2.00%)	$3,250

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Scholarships, Grants, and Loan Trends at Universal Spa Training Academy

All Undergraduate Students Financial Aid Over Time

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