Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 157, which is 64.78 % of all undergraduate students. 124 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $4,573.

For full-time, first-time beginning students (freshmen), 61.78% of students received grants or scholarships and 54% 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 Spa School since 2013.

For that period, the average number of students who received grants aid/scholarships is 157, which is 64.78 % of all undergraduate students. 124 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $4,573.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14110 (52%)$2,880103 (49%)$2,962131 (62%)$4,397
2014-15114 (49%)$2,81291 (39%)$3,123116 (50%)$4,947
2015-16157 (67%)$5,52076 (32%)$3,488105 (45%)$4,971
2016-17160 (68%)$5,60687 (37%)$3,207117 (50%)$4,681
2017-18190 (73%)$5,387101 (39%)$3,481126 (49%)$4,359
2018-19181 (71%)$5,387108 (42%)$3,450129 (50%)$4,249
2019-20143 (67%)$2,946107 (50%)$3,366127 (60%)$4,542
2020-21195 (75%)$2,50498 (38%)$3,547134 (52%)$4,424
2021-22160 (61%)$3,06390 (34%)$3,685134 (51%)$4,586
Average157 (64.78%)$4,01296 (40.00%)$3,368124 (52.11%)$4,573
*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, 68 (61.78 % of students) received grants or scholarships and its average amount is $3,039. It can cover 17.45% of tuition & fees ($17,415).

In addition, 60 (54.22 % of students) students get helped from the students loans (average amount : $4,374).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1481 (71%)$3,24484 (74%)$4,660
2014-1543 (52%)$2,99238 (46%)$5,369
2015-1662 (55%)$2,73954 (48%)$4,866
2016-1769 (55%)$2,53364 (51%)$4,330
2017-1877 (59%)$3,55970 (54%)$3,922
2018-1975 (56%)$2,85566 (49%)$3,819
2019-2067 (70%)$3,11860 (63%)$4,006
2020-2167 (68%)$2,85048 (49%)$3,967
2021-2267 (70%)$3,45852 (54%)$4,431
Average68 (61.78%)$3,03960 (54.22%)$4,374
*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, 46 (41.56 % of students) received Pell (federal) grants and its average amount is $3,576.

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
2013-1479 (69%)$3,032--2 (2%)$1,7508 (7%)$2,469
2014-1533 (40%)$3,650----13 (16%)$633
2015-1636 (32%)$3,508----30 (27%)$1,450
2016-1744 (35%)$3,268----38 (30%)$816
2017-1850 (38%)$3,968----41 (32%)$1,845
2018-1950 (37%)$3,617----29 (21%)$1,148
2019-2046 (48%)$3,391----34 (35%)$1,556
2020-2134 (35%)$3,94946 (47%)$883--20 (20%)$803
2021-2238 (40%)$3,80327 (28%)$1,365--35 (36%)$1,437
Average46 (41.56%)$3,57637 (37.50%)$1,1242 (2.00%)$1,75028 (24.89%)$1,351
*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, 60 (54.22 % of students) get any students loan help and its average loan amount is $60.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1484 (74%)$4,66084 (74%)$4,660--
2014-1538 (46%)$5,36938 (46%)$5,369--
2015-1654 (48%)$4,86654 (48%)$4,866--
2016-1764 (51%)$4,33064 (51%)$4,330--
2017-1870 (54%)$3,92270 (54%)$3,922--
2018-1966 (49%)$3,81966 (49%)$3,819--
2019-2060 (63%)$4,00660 (63%)$4,006--
2020-2148 (49%)$3,96748 (49%)$3,967--
2021-2252 (54%)$4,43152 (54%)$4,431--
Average60 (54.22%)$4,37460 (54.22%)$4,374--

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