by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at The Spa School can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will The Spa School offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from The Spa School.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at The Spa School, 76% of first-year full-time students received aid of some kind around 66 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,190 |
| Institutional grants & scholarships | 56% | $1,416 |
| Federal Pell grants | 52% | $4,324 |
| State/local grants | 0% | — |
| Federal student loans | 61% | $5,086 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at The Spa School, about 74% of undergrads got grants or scholarships worth on average $3,939 (among about 151 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $3,939 |
| Federal Pell grants | 49% | $4,332 |
| Federal student loans | 62% | $4,994 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,303.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,024 |
| $30,001 – $75,000 | $18,400 |
| Over $75,000 | $19,723 |
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 | $20,553 |
| Off-campus title-IV students | $18,676 |
To get a personalized net price estimate, try The Spa School’s net price calculator: salonschools.ohiostate.edu/npcalc.htm.
A typical borrower at The Spa School leaves with $7,814 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,814 |
| Median federal debt (graduates only) | $7,916 |
| Typical 10-year monthly payment (graduates) | $83.92/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at The Spa School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,583 |
| 75th percentile | $7,916 |
| 90th percentile (highest-debt students) | $7,916 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,916 |
| Middle income | $7,916 |
| High income | $4,583 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,583 |
| Independent students | $7,916 |
A handful of calculated indicators summarize the debt outlook at The Spa School.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at The Spa School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1169 |
| Total Stafford loan amount | $7,170,696 |
References
More about our data sources and methodologies.