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 total cost of going to The Salon Professional Academy - Kenosha can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does TSPA - Kenosha deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at The Salon Professional Academy - Kenosha.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at The Salon Professional Academy - Kenosha, 100% of first-time, full-time freshmen received some form of financial aid roughly 30 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $6,381 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $6,381 |
| State/local grants | 0% | — |
| Federal student loans | 97% | $7,589 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At TSPA - Kenosha, some 68% of undergraduates were awarded grant or scholarship aid averaging $5,694 (among about 89 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $5,694 |
| Federal Pell grants | 68% | $5,694 |
| Federal student loans | 66% | $8,506 |
On-campus students receiving title-IV aid were awarded grants averaging $5,318.
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 | $24,986 |
| $30,001 – $75,000 | $25,837 |
| Over $75,000 | $29,285 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $30,353 |
| Off-campus title-IV students | $24,923 |
For a personalized estimate based on your family’s financial situation, use TSPA - Kenosha’s net price tool: kenoshatspa.com/NetPriceTemplate/.
A typical borrower at TSPA - Kenosha leaves with $6,333 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at TSPA - Kenosha.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,655 |
| 25th percentile | $6,333 |
| 75th percentile | $13,331 |
| 90th percentile (highest-debt students) | $17,362 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,090 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. TSPA - Kenosha.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at TSPA - Kenosha:
| Metric | Value |
|---|---|
| Stafford loan recipients | 657 |
| Total Stafford loan amount | $6,409,503 |
References
More about our data sources and methodologies.