by our College Data Analytics TeamA large number of 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 total cost of going to The Salon Professional Academy - Fargo can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can TSPA - Fargo offer, and what will you qualify for? Keep reading for more information. Keep scrolling to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from The Salon Professional Academy - Fargo.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at The Salon Professional Academy - Fargo, 43% of first-year full-time students received aid of some kind roughly 38 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 22% | $4,155 |
| Institutional grants & scholarships | 3% | $1,250 |
| Federal Pell grants | 18% | $4,865 |
| State/local grants | 3% | $500 |
| Federal student loans | 40% | $104 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At TSPA - Fargo, approximately 31% of undergraduates were awarded an average grant or scholarship of $5,950 (for some 77 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $5,950 |
| Federal Pell grants | 28% | $5,380 |
| Federal student loans | 36% | $6,744 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,278.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,714 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,814 |
| Off-campus title-IV students | $17,482 |
For a personalized estimate based on your family’s financial situation, use TSPA - Fargo’s official net price calculator: www.tspafargo.com/wp-content/uploads/sites/11/npc/.
Graduating students at TSPA - Fargo carry a median federal student debt of $12,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at TSPA - Fargo.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $17,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $9,500 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at TSPA - Fargo.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at TSPA - Fargo:
| Metric | Value |
|---|---|
| Stafford loan recipients | 678 |
| Total Stafford loan amount | $7,145,193 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $63,214 |
| Average GI Bill amount per recipient | $9,031 |
References
More about our data sources and methodologies.