by our College Data Analytics TeamMany students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Tenaj Salon Institute can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does Tenaj Salon Institute offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Tenaj Salon Institute.
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.
Looking at the entering class at Tenaj Salon Institute, 95% of new full-time first-years were awarded at least some aid around 21 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $7,037 |
| Institutional grants & scholarships | 5% | $3,419 |
| Federal Pell grants | 77% | $6,836 |
| State/local grants | 0% | — |
| Federal student loans | 95% | $8,996 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 58% of undergrads got grants or scholarships worth on average $6,452 (among about 62 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $6,452 |
| Federal Pell grants | 58% | $6,396 |
| Federal student loans | 71% | $8,140 |
For on-campus title-IV students, average grant aid came to $5,697.
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 | $25,247 |
| $30,001 – $75,000 | $26,968 |
| Over $75,000 | $31,583 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,502 |
| Off-campus title-IV students | $25,834 |
For an estimate tailored to your family circumstances, see Tenaj Salon Institute’s net price tool: tenajsaloninstitute.edu/net-price-calculator/.
The median student at Tenaj Salon Institute graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Tenaj Salon Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,961 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,000 |
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 | $12,015 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $11,534 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $13,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Tenaj Salon Institute.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Tenaj Salon Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1194 |
| Total Stafford loan amount | $11,705,343 |
References
More about our data sources and methodologies.