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 sum total of attendance at Sandra Academy of Salon Services, Inc can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Sandra Academy of Salon Services, Inc offer, and what will you qualify for? Keep reading for more information. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Sandra Academy of Salon Services, Inc.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Sandra Academy of Salon Services, Inc, 97% of first-year full-time students received aid of some kind approximately 33 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $5,645 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 88% | $6,150 |
| State/local grants | 0% | — |
| Federal student loans | 88% | $7,249 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Sandra Academy of Salon Services, Inc, some 41% of undergraduates were awarded an average grant or scholarship of $5,479 (among about 34 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $5,479 |
| Federal Pell grants | 36% | $6,150 |
| Federal student loans | 37% | $7,015 |
For students living on campus and receiving title-IV aid, grants averaged $6,655.
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 | $7,494 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,621 |
| Off-campus title-IV students | $7,494 |
For a customized cost estimate, visit Sandra Academy of Salon Services, Inc’s net price calculator: www.sandraacademy.edu/net-price-calculator.
The median federal debt load at Sandra Academy of Salon Services, Inc comes to $7,910 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,910 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Sandra Academy of Salon Services, Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,014 |
| 75th percentile | $5,892 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Sandra Academy of Salon Services, Inc.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Sandra Academy of Salon Services, Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 268 |
| Total Stafford loan amount | $2,118,752 |
References
More about our data sources and methodologies.