by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Academy for Salon Professionals can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Academy for Salon Professionals deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Academy for Salon Professionals.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Academy for Salon Professionals, 52% of first-time, full-time freshmen received some form of financial aid around 22 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $5,594 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 45% | $5,594 |
| State/local grants | 0% | — |
| Federal student loans | 45% | $4,927 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Academy for Salon Professionals, some 46% of undergrads got grants or scholarships worth on average $4,787 (covering around 117 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,787 |
| Federal Pell grants | 46% | $4,776 |
| Federal student loans | 51% | $5,410 |
On-campus students receiving title-IV aid were awarded grants averaging $3,666.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,653 |
| $30,001 – $75,000 | $12,032 |
| Over $75,000 | $15,355 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,137 |
| Off-campus title-IV students | $12,408 |
To project your own net price, use Academy for Salon Professionals’s net price tool: www.academyla.com/our-programs/financial-aid/.
The middle student in the debt distribution at Academy for Salon Professionals owes $6,304 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,304 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Academy for Salon Professionals.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,333 |
| 25th percentile | $3,666 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $10,556 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,063 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at Academy for Salon Professionals.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Academy for Salon Professionals:
| Metric | Value |
|---|---|
| Stafford loan recipients | 577 |
| Total Stafford loan amount | $3,732,585 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $30,310 |
| Average GI Bill amount per recipient | $15,155 |
References
More about our data sources and methodologies.