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 price of attendance at Parisian Spa Institute can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Parisian Spa Institute provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Parisian Spa Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Parisian Spa Institute, 14% of the incoming full-time class was awarded financial aid (about 3 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 0% | — |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 0% | — |
| State/local grants | 0% | — |
| Federal student loans | 14% | $2,723 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Parisian Spa Institute, around 21% of the undergraduate population received grant aid that averaged $4,206 (covering around 82 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 21% | $4,206 |
| Federal Pell grants | 21% | $4,206 |
| Federal student loans | 38% | $4,182 |
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,710 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,538 |
| Off-campus title-IV students | $8,710 |
For a personalized estimate based on your family’s financial situation, use Parisian Spa Institute’s net price tool: psijax.edu/wp-content/uploads/2022/10/index.html.
A typical borrower at Parisian Spa Institute leaves with $3,167 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,167 |
| Median federal debt (graduates only) | $3,167 |
| Typical 10-year monthly payment (graduates) | $33.58/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 Parisian Spa Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,834 |
| 25th percentile | $3,167 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $10,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,167 |
| Middle income | $3,167 |
| High income | $3,167 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,167 |
| Continuing-generation students | $3,167 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,167 |
| Independent students | $3,167 |
The figure below distills the debt data into a single burden category for Parisian Spa Institute.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Parisian Spa Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 994 |
| Total Stafford loan amount | $4,745,744 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $204,556 |
| Average GI Bill amount per recipient | $7,054 |
References
More about our data sources and methodologies.