by our College Data Analytics TeamA lot of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Summit Salon Academy - Tampa can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Summit Salon Academy Tampa provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Summit Salon Academy - Tampa.
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.
Among first-time, full-time freshmen at Summit Salon Academy - Tampa, 78% of first-time, full-time freshmen received some form of financial aid roughly 58 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $6,584 |
| Institutional grants & scholarships | 1% | $1,500 |
| Federal Pell grants | 53% | $6,286 |
| State/local grants | 3% | $8,354 |
| Federal student loans | 68% | $7,225 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 46% of undergraduates were awarded grant or scholarship aid averaging $5,945 (among about 153 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,945 |
| Federal Pell grants | 43% | $5,436 |
| Federal student loans | 53% | $6,835 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,194.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,857 |
| $30,001 – $75,000 | $19,966 |
| Over $75,000 | $22,439 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $31,223 |
| Off-campus title-IV students | $22,105 |
For a customized cost estimate, visit Summit Salon Academy Tampa’s online cost calculator: summitsalonacademytampa.com/financial-assistance/net-price-calculator.
The median student at Summit Salon Academy Tampa graduates with $7,389 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,389 |
| Median federal debt (graduates only) | $7,389 |
| Typical 10-year monthly payment (graduates) | $78.34/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Summit Salon Academy Tampa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,293 |
| 25th percentile | $4,800 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $16,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,389 |
| Middle income | $8,842 |
| High income | $9,666 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,389 |
| Continuing-generation students | $7,389 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $7,389 |
A handful of calculated indicators summarize the debt outlook at Summit Salon Academy Tampa.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Summit Salon Academy Tampa:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1070 |
| Total Stafford loan amount | $9,736,449 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $185,780 |
| Average GI Bill amount per recipient | $16,889 |
References
More about our data sources and methodologies.