by our College Data Analytics TeamMost 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 price tag of going to Salon Professional Academy can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Salon Professional Academy offer, and what will you qualify for? Keep scrolling for more information. Keep going to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Salon Professional Academy.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Salon Professional Academy, 69% of new full-time first-years were awarded at least some aid (about 85 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,460 |
| Institutional grants & scholarships | 29% | $2,889 |
| Federal Pell grants | 44% | $5,253 |
| State/local grants | 0% | — |
| Federal student loans | 48% | $5,371 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Salon Professional Academy, about 42% of undergraduates were awarded an average grant or scholarship of $5,251 (across roughly 112 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $5,251 |
| Federal Pell grants | 32% | $5,412 |
| Federal student loans | 31% | $5,360 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,995.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,259 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,492 |
| Off-campus title-IV students | $22,259 |
For a personalized estimate based on your family’s financial situation, use Salon Professional Academy’s NPC: www.tspahowell.com/wp-content/uploads/sites/14/npc/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Salon Professional Academy.
References
More about our data sources and methodologies.