Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 93, which is 59.89 % of all undergraduate students. 92 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $6,937.

For full-time, first-time beginning students (freshmen), 69.33% of students received grants or scholarships and 85% 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 Summit Salon Academy-Kokomo since 2013.

For that period, the average number of students who received grants aid/scholarships is 93, which is 59.89 % of all undergraduate students. 92 students which is 59.33% of undergraduate students received federal student loans and the average loan amount is $6,937.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1463 (50%)$3,62063 (50%)$3,62061 (48%)$6,688
2014-1593 (64%)$3,40693 (64%)$3,40670 (48%)$6,657
2015-16121 (75%)$3,690116 (72%)$3,540110 (68%)$7,146
2016-1799 (64%)$3,79591 (59%)$3,45185 (55%)$6,166
2017-18102 (70%)$3,95394 (65%)$4,118102 (70%)$6,923
2018-1977 (50%)$4,74177 (50%)$4,740101 (66%)$6,621
2019-2073 (51%)$4,42373 (51%)$4,42387 (61%)$6,897
2020-21103 (58%)$4,369103 (58%)$4,369105 (59%)$7,697
2021-22103 (57%)$4,366103 (57%)$4,366106 (59%)$7,642
Average93 (59.89%)$4,04090 (58.44%)$4,00492 (59.33%)$6,937
*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, 36 (69.33 % of students) received grants or scholarships and its average amount is $4,467. It can cover 28.09% of tuition & fees ($15,900).

In addition, 46 (85.33 % of students) students get helped from the students loans (average amount : $6,284).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1423 (79%)$4,10425 (86%)$6,200
2014-1527 (82%)$4,14127 (82%)$6,729
2015-1633 (63%)$4,61745 (87%)$6,117
2016-1727 (69%)$5,50633 (85%)$5,787
2017-1851 (69%)$3,96669 (93%)$6,109
2018-1938 (54%)$4,65760 (85%)$6,143
2019-2025 (63%)$4,62332 (80%)$6,374
2020-2151 (74%)$4,10758 (84%)$6,409
2021-2252 (71%)$4,48263 (86%)$6,691
Average36 (69.33%)$4,46746 (85.33%)$6,284
*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, 36 (69.33 % of students) received Pell (federal) grants and its average amount is $4,264.

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
2013-1423 (79%)$4,104------
2014-1527 (82%)$4,141------
2015-1633 (63%)$4,330----5 (10%)$1,900
2016-1727 (69%)$3,969----20 (51%)$2,075
2017-1851 (69%)$3,966------
2018-1938 (54%)$4,657------
2019-2025 (63%)$4,623------
2020-2151 (74%)$4,107------
2021-2252 (71%)$4,482------
Average36 (69.33%)$4,264----13 (30.50%)$1,988
*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, 46 (85.33 % of students) get any students loan help and its average loan amount is $46.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1425 (86%)$6,20025 (86%)$6,200--
2014-1527 (82%)$6,72927 (82%)$6,729--
2015-1645 (87%)$6,11745 (87%)$6,117--
2016-1733 (85%)$5,78733 (85%)$5,787--
2017-1869 (93%)$6,10969 (93%)$6,109--
2018-1960 (85%)$6,14360 (85%)$6,143--
2019-2032 (80%)$6,37432 (80%)$6,374--
2020-2158 (84%)$6,40958 (84%)$6,409--
2021-2263 (86%)$6,69163 (86%)$6,691--
Average46 (85.33%)$6,28446 (85.33%)$6,284--

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