A large number of students will never be charged 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 price tag of going to International Salon and Spa Academy can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can International Salon and Spa Academy deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from International Salon and Spa Academy.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At International Salon and Spa Academy, 81% of new full-time first-years were awarded at least some aid some 34 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $5,923 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $5,668 |
| State/local grants | 48% | $1,306 |
| Federal student loans | 60% | $5,674 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at International Salon and Spa Academy, around 58% of undergraduates were awarded an average grant or scholarship of $5,801 (among about 248 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,801 |
| Federal Pell grants | 54% | $5,239 |
| Federal student loans | 53% | $5,386 |
For students living on campus and receiving title-IV aid, grants averaged $7,447.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,208 |
| $30,001 – $75,000 | $20,043 |
| Over $75,000 | $25,340 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,725 |
| Off-campus title-IV students | $20,904 |
For a personalized estimate based on your family’s financial situation, use International Salon and Spa Academy’s official net price calculator: www.csbeautyschools.com/financial-aid.
The median student at International Salon and Spa Academy graduates with $5,117 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,117 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at International Salon and Spa Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,108 |
| 25th percentile | $3,325 |
| 75th percentile | $6,650 |
| 90th percentile (highest-debt students) | $10,333 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,750 |
| Middle income | $6,333 |
| High income | $3,899 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,750 |
| Continuing-generation students | $5,660 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,936 |
| Independent students | $6,106 |
The figure below distills the debt data into a single burden category for International Salon and Spa Academy.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at International Salon and Spa Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2389 |
| Total Stafford loan amount | $17,200,188 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $395,205 |
| Average GI Bill amount per recipient | $11,624 |
References
More about our data sources and methodologies.