by our College Data Analytics TeamThe majority 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 The Salon Professional Academy - St Charles can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can TSPA - St Charles deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from The Salon Professional Academy - St Charles.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At The Salon Professional Academy - St Charles, 93% of first-year full-time students received aid of some kind around 52 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $7,071 |
| Institutional grants & scholarships | 48% | $2,939 |
| Federal Pell grants | 45% | $5,814 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $6,122 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At TSPA - St Charles, about 80% of undergrads got grants or scholarships worth on average $4,487 (among about 166 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,487 |
| Federal Pell grants | 35% | $6,231 |
| Federal student loans | 50% | $8,130 |
Title-IV recipients living on campus saw average grant aid of $3,505.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,471 |
| $30,001 – $75,000 | $13,804 |
| Over $75,000 | $16,644 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,388 |
| Off-campus title-IV students | $14,111 |
To get a personalized net price estimate, try TSPA - St Charles’s official net price calculator: tspastlouis.com/financial-aid/net-price-calculator.
Graduating students at TSPA - St Charles carry a median federal student debt of $8,243 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,243 |
| Median federal debt (graduates only) | $8,589 |
| Typical 10-year monthly payment (graduates) | $91.06/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
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 TSPA - St Charles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,431 |
| 25th percentile | $4,551 |
| 75th percentile | $9,649 |
| 90th percentile (highest-debt students) | $14,630 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,211 |
| Continuing-generation students | $8,285 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. TSPA - St Charles.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at TSPA - St Charles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 771 |
| Total Stafford loan amount | $6,604,908 |
References
More about our data sources and methodologies.