Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 89, which is 71.44 % of all undergraduate students. 86 students which is 69.33% of undergraduate students received federal student loans and the average loan amount is $5,425.

For full-time, first-time beginning students (freshmen), 76.67% of students received grants or scholarships and 76% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Salon & Spa Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 89, which is 71.44 % of all undergraduate students. 86 students which is 69.33% of undergraduate students received federal student loans and the average loan amount is $5,425.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1489 (58%)$4,87089 (58%)$4,87087 (57%)$9,186
2014-1577 (67%)$3,95577 (67%)$3,95576 (66%)$6,442
2015-1630 (33%)$3,78630 (33%)$3,78640 (44%)$4,281
2016-17103 (74%)$2,538103 (74%)$2,538108 (78%)$4,355
2017-1898 (77%)$4,54198 (77%)$4,54197 (76%)$5,254
2018-1995 (86%)$4,24895 (86%)$4,24890 (81%)$5,396
2019-20103 (78%)$3,53289 (67%)$4,08790 (68%)$5,268
2020-21105 (88%)$2,81080 (67%)$3,68887 (73%)$4,395
2021-22104 (82%)$3,749104 (82%)$3,749103 (81%)$4,246
Average89 (71.44%)$3,78185 (67.89%)$3,94086 (69.33%)$5,425
*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.

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

For the last 10 years, on average, 38 (76.67 % of students) received grants or scholarships and its average amount is $4,341. It can cover 31.00% of tuition & fees ($14,000).

In addition, 38 (75.56 % of students) students get helped from the students loans (average amount : $6,203).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1474 (80%)$4,87972 (77%)$9,867
2014-1551 (85%)$4,22248 (80%)$7,484
2015-1617 (28%)$3,41322 (37%)$4,098
2016-1739 (100%)$4,71036 (92%)$7,798
2017-1830 (91%)$3,63628 (85%)$4,861
2018-1940 (80%)$5,08940 (80%)$6,168
2019-2050 (79%)$4,22049 (78%)$5,312
2020-2139 (72%)$3,96441 (76%)$4,791
2021-223 (75%)$4,9323 (75%)$5,451
Average38 (76.67%)$4,34138 (75.56%)$6,203
*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, 38 (76.67 % of students) received Pell (federal) grants and its average amount is $4,332.

In addition, 2 students received State/local government grants/scholarships (2.00 % 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
2013-1474 (80%)$4,834--2 (2%)$1,666--
2014-1551 (85%)$4,190--1 (2%)$1,667--
2015-1617 (28%)$3,413------
2016-1739 (100%)$4,710------
2017-1830 (91%)$3,636------
2018-1940 (80%)$5,089------
2019-2050 (79%)$4,220------
2020-2139 (72%)$3,964------
2021-223 (75%)$4,932------
Average38 (76.67%)$4,332--2 (2.00%)$1,667--
*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, 38 (75.56 % of students) get any students loan help and its average loan amount is $38.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1472 (77%)$9,86772 (77%)$9,867--
2014-1548 (80%)$7,48448 (80%)$7,484--
2015-1622 (37%)$4,09822 (37%)$4,098--
2016-1736 (92%)$7,79836 (92%)$7,798--
2017-1828 (85%)$4,86128 (85%)$4,861--
2018-1940 (80%)$6,16840 (80%)$6,168--
2019-2049 (78%)$5,31249 (78%)$5,312--
2020-2141 (76%)$4,79141 (76%)$4,791--
2021-223 (75%)$5,4513 (75%)$5,451--
Average38 (75.56%)$6,20338 (75.56%)$6,203--

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