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Summit Salon Academy - Perrysburg Financial Aid Details

100% Freshmen Get Financial Aid
$5,094 Average Grant & Scholarship
26% Undergrads Get Grant Aid

Most 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 cost of going to Summit Salon Academy - Perrysburg can seem tremendous, but do not forget that almost all students are given some form of financial help.

What financing options does Summit Salon Academy Perrysburg offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out how much school funding will be available to you.

Why You Should Understand Summit Salon Academy Perrysburg Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Summit Salon Academy - Perrysburg.

Typical First Year Financial Aid at Summit Salon Academy - Perrysburg

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Summit Salon Academy - Perrysburg, 100% of first-time, full-time freshmen received some form of financial aid (about 14 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)43%$5,961
Institutional grants & scholarships0%
Federal Pell grants43%$5,961
State/local grants0%
Federal student loans93%$8,407

Grant Aid for Undergraduates at Summit Salon Academy - Perrysburg

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 Summit Salon Academy Perrysburg, about 26% of the undergraduate population received grant aid that averaged $5,094 (across approximately 50 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)26%$5,094
Federal Pell grants26%$5,094
Federal student loans40%$5,864

Title-IV recipients living on campus saw average grant aid of $2,555.

How Cost Varies by Income at Summit Salon Academy - Perrysburg

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$10,686
$30,001 – $75,000$13,034
Over $75,000$18,766

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at Summit Salon Academy - Perrysburg

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$16,608
Off-campus title-IV students$12,774

For a personalized estimate based on your family’s financial situation, use Summit Salon Academy Perrysburg’s official net price calculator: summitsalonacademyperrysburg.edu/wp-content/uploads/NPC/index.html.

What Students Owe at Summit Salon Academy - Perrysburg

The middle student in the debt distribution at Summit Salon Academy Perrysburg owes $7,917 of cumulative federal debt.

MetricAmount
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 Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Summit Salon Academy Perrysburg.

PercentileCumulative Federal Debt
25th percentile$4,584
75th percentile$12,000

Debt Outcomes by Student Group at Summit Salon Academy - Perrysburg

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$6,987

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$6,542
Independent students$7,917

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Summit Salon Academy Perrysburg.

Student Loans at Summit Salon Academy - Perrysburg

The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Summit Salon Academy Perrysburg:

MetricValue
Stafford loan recipients457
Total Stafford loan amount$4,570,799

GI Bill and DoD Benefits at Summit Salon Academy - Perrysburg

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients4
Total GI Bill amount$37,524
Average GI Bill amount per recipient$9,381

DoD program volume

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$1,781
Average DoD amount per recipient$1,781

More Financial Aid Resources from Summit Salon Academy - Perrysburg

References

More about our data sources and methodologies.

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