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 cost of going to Salon Success Academy - Redlands can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Salon Success Academy - Redlands deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Salon Success Academy - Redlands.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Salon Success Academy - Redlands, 79% of first-year full-time students received aid of some kind some 41 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,074 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 62% | $6,010 |
| State/local grants | 4% | $1,903 |
| Federal student loans | 63% | $6,571 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Salon Success Academy - Redlands, around 57% of undergrads got grants or scholarships worth on average $4,981 (for some 242 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $4,981 |
| Federal Pell grants | 57% | $4,820 |
| Federal student loans | 54% | $5,444 |
For students living on campus and receiving title-IV aid, grants averaged $4,461.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,441 |
| $30,001 – $75,000 | $15,625 |
| Over $75,000 | $18,405 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $18,357 |
| Off-campus title-IV students | $17,497 |
To project your own net price, use Salon Success Academy - Redlands’s official net price calculator: www.salonsuccessacademy.com/wp-content/uploads/2021/09/Redlands.html.
Graduating students at Salon Success Academy - Redlands carry a median federal student debt of $7,176 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,176 |
| Median federal debt (graduates only) | $7,177 |
| Typical 10-year monthly payment (graduates) | $76.09/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. These percentiles trace how cumulative federal debt is spread among borrowers at Salon Success Academy - Redlands.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $6,313 |
| 75th percentile | $13,769 |
| 90th percentile (highest-debt students) | $17,667 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,177 |
| Middle income | $7,177 |
| High income | $4,155 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,177 |
| Continuing-generation students | $4,156 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,156 |
| Independent students | $7,177 |
The figure below distills the debt data into a single burden category for Salon Success Academy - Redlands.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Salon Success Academy - Redlands:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2935 |
| Total Stafford loan amount | $25,095,019 |
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 | 2 |
| Total GI Bill amount | $24,440 |
| Average GI Bill amount per recipient | $12,220 |
References
More about our data sources and methodologies.