Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 19, which is 28.67 % of all undergraduate students. 33 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $6,216.

For full-time, first-time beginning students (freshmen), 60.80% of students received grants or scholarships and 69% 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-Nashville since 2013.

For that period, the average number of students who received grants aid/scholarships is 19, which is 28.67 % of all undergraduate students. 33 students which is 49.22% of undergraduate students received federal student loans and the average loan amount is $6,216.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1431 (34%)$3,80831 (34%)$3,80836 (40%)$6,796
2014-1516 (18%)$3,77716 (18%)$3,77732 (36%)$6,846
2015-1613 (17%)$4,98513 (17%)$4,98538 (49%)$8,765
2016-179 (11%)$4,4169 (11%)$4,41620 (25%)$6,328
2017-1820 (24%)$1,98920 (24%)$1,98925 (29%)$5,026
2018-1914 (15%)$3,86514 (15%)$3,86530 (31%)$4,844
2019-2010 (20%)$4,34410 (20%)$4,34418 (37%)$4,999
2020-2141 (82%)$5,44641 (82%)$5,44649 (98%)$8,117
2021-2219 (37%)$5,13519 (37%)$5,13551 (98%)$4,224
Average19 (28.67%)$4,19619 (28.67%)$4,19633 (49.22%)$6,216
*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, 12 (60.80 % of students) received grants or scholarships and its average amount is $4,198. It can cover 21.57% of tuition & fees ($19,460).

In addition, 14 (69.40 % of students) students get helped from the students loans (average amount : $5,637).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1414 (37%)$3,96316 (42%)$6,938
2014-157 (47%)$4,47412 (80%)$2,954
2015-166 (32%)$1,3837 (37%)$5,571
2016-17----
2017-18----
2018-19----
2019-20----
2020-2117 (94%)$5,42917 (94%)$6,521
2021-2217 (94%)$5,73917 (94%)$6,201
Average12 (60.80%)$4,19814 (69.40%)$5,637
*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, 12 (60.80 % of students) received Pell (federal) grants and its average amount is $4,198.

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
2013-1414 (37%)$3,963------
2014-157 (47%)$4,474------
2015-166 (32%)$1,383------
2016-17--------
2017-18--------
2018-19--------
2019-20--------
2020-2117 (94%)$5,429------
2021-2217 (94%)$5,739------
Average12 (60.80%)$4,198------
*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, 14 (69.40 % of students) get any students loan help and its average loan amount is $14.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1416 (42%)$6,93816 (42%)$6,938--
2014-1512 (80%)$2,95412 (80%)$2,954--
2015-167 (37%)$5,5717 (37%)$5,571--
2016-17------
2017-18------
2018-19------
2019-20------
2020-2117 (94%)$6,52117 (94%)$6,521--
2021-2217 (94%)$6,20117 (94%)$6,201--
Average14 (69.40%)$5,63714 (69.40%)$5,637--

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