by our College Data Analytics TeamThe majority of students will not be asked to pay 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 sum total of attendance at Salon Professional Academy of San Antonio can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Salon Professional Academy of San Antonio deliver, and just what are you going to be eligible for? Read on for answers. Read on to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Salon Professional Academy of San Antonio.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Salon Professional Academy of San Antonio, 89% of new full-time first-years were awarded at least some aid roughly 50 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,339 |
| Institutional grants & scholarships | 55% | $887 |
| Federal Pell grants | 61% | $5,787 |
| State/local grants | 0% | — |
| Federal student loans | 77% | $5,856 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 75% of undergrads got grants or scholarships worth on average $5,062 (across approximately 123 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,062 |
| Federal Pell grants | 63% | $5,418 |
| Federal student loans | 73% | $6,104 |
For students living on campus and receiving title-IV aid, grants averaged $4,594.
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 | $13,829 |
| $30,001 – $75,000 | $15,572 |
| Over $75,000 | $20,235 |
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 | $15,403 |
| Off-campus title-IV students | $15,641 |
To get a personalized net price estimate, try Salon Professional Academy of San Antonio’s official net price calculator: www.tspasanantonio.com/financial-aid/welcome/net-price-calculator/.
A typical borrower at Salon Professional Academy of San Antonio leaves with $7,917 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
| Middle income | $6,500 |
| High income | $7,917 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $7,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,917 |
A handful of calculated indicators summarize the debt outlook at Salon Professional Academy of San Antonio.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Salon Professional Academy of San Antonio:
| Metric | Value |
|---|---|
| Stafford loan recipients | 269 |
| Total Stafford loan amount | $2,107,946 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $12,932 |
| Average GI Bill amount per recipient | $12,932 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,325 |
| Average DoD amount per recipient | $3,325 |
References
More about our data sources and methodologies.