Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 59, which is 33.67 % of all undergraduate students. 65 students which is 36.89% of undergraduate students received federal student loans and the average loan amount is $8,133.

For full-time, first-time beginning students (freshmen), 42.44% of students received grants or scholarships and 61% 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 The Salon Professional Academy-Fargo since 2013.

For that period, the average number of students who received grants aid/scholarships is 59, which is 33.67 % of all undergraduate students. 65 students which is 36.89% of undergraduate students received federal student loans and the average loan amount is $8,133.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1438 (24%)$3,82838 (24%)$3,82867 (42%)$6,370
2014-1545 (28%)$3,89345 (28%)$3,89348 (30%)$6,407
2015-1648 (33%)$4,35248 (33%)$4,35258 (39%)$7,282
2016-1735 (24%)$4,17035 (24%)$4,17051 (34%)$8,614
2017-1851 (29%)$5,68051 (29%)$5,68069 (40%)$7,834
2018-1956 (28%)$6,00956 (28%)$6,00764 (32%)$8,438
2019-2078 (37%)$5,60878 (37%)$5,57688 (41%)$10,248
2020-2156 (26%)$5,64154 (25%)$5,60468 (31%)$9,542
2021-22126 (74%)$2,66361 (36%)$5,32574 (43%)$8,464
Average59 (33.67%)$4,64952 (29.33%)$4,93765 (36.89%)$8,133
*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, 22 (42.44 % of students) received grants or scholarships and its average amount is $4,710. It can cover 24.60% of tuition & fees ($19,150).

In addition, 32 (61.22 % of students) students get helped from the students loans (average amount : $9,941).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1421 (50%)$4,06034 (81%)$9,681
2014-1517 (65%)$4,27720 (77%)$9,583
2015-1620 (37%)$4,47931 (57%)$12,902
2016-1711 (28%)$4,54824 (60%)$14,971
2017-1829 (44%)$5,11642 (64%)$13,990
2018-1944 (48%)$4,41451 (55%)$6,552
2019-2020 (41%)$5,23832 (65%)$7,617
2020-2117 (29%)$5,04028 (48%)$7,190
2021-2221 (40%)$5,21923 (44%)$6,987
Average22 (42.44%)$4,71032 (61.22%)$9,941
*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, 22 (42.44 % of students) received Pell (federal) grants and its average amount is $4,674.

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
2013-1421 (50%)$4,060------
2014-1517 (65%)$4,277------
2015-1620 (37%)$4,479------
2016-1711 (28%)$4,548------
2017-1829 (44%)$5,116------
2018-1944 (48%)$4,414------
2019-2020 (41%)$5,176----1 (2%)$1,250
2020-2117 (29%)$4,893----3 (5%)$833
2021-2221 (40%)$5,100----2 (4%)$1,250
Average22 (42.44%)$4,674----2 (3.67%)$1,111
*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, 32 (61.22 % of students) get any students loan help and its average loan amount is $32.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1434 (81%)$9,68134 (81%)$6,22914 (33%)$8,384
2014-1520 (77%)$9,58320 (77%)$5,8256 (23%)$12,528
2015-1631 (57%)$12,90231 (57%)$6,75616 (30%)$11,909
2016-1724 (60%)$14,97124 (60%)$6,34916 (40%)$12,933
2017-1842 (64%)$13,99042 (64%)$6,63233 (50%)$9,366
2018-1951 (55%)$6,55251 (55%)$6,552--
2019-2032 (65%)$7,61732 (65%)$7,617--
2020-2128 (48%)$7,19028 (48%)$7,190--
2021-2223 (44%)$6,98723 (44%)$6,987--
Average32 (61.22%)$9,94132 (61.22%)$6,68217 (35.20%)$11,024

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