by our College Data Analytics TeamMost 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 price of attendance at The Salon Professional Academy - Ft Myers can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will TSPA - Ft Myers deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from The Salon Professional Academy - Ft Myers.
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.
At The Salon Professional Academy - Ft Myers, 53% of new full-time first-years were awarded at least some aid around 10 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $7,464 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 42% | $7,464 |
| State/local grants | 0% | — |
| Federal student loans | 42% | $7,083 |
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 TSPA - Ft Myers, about 21% of undergraduate students received gift aid averaging $7,456 (across approximately 35 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 21% | $7,456 |
| Federal Pell grants | 21% | $7,456 |
| Federal student loans | 24% | $7,993 |
For on-campus title-IV students, average grant aid came to $7,464.
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 | $20,140 |
| $30,001 – $75,000 | $20,140 |
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 | $21,091 |
| Off-campus title-IV students | $17,891 |
For a personalized estimate based on your family’s financial situation, use TSPA - Ft Myers’s official net price calculator: www.tspaftmyers.com/financial-aid/welcome/.
The median student at TSPA - Ft Myers graduates with $7,667 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,667 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at TSPA - Ft Myers.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,707 |
| 75th percentile | $13,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $12,892 |
The figure below distills the debt data into a single burden category for TSPA - Ft Myers.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at TSPA - Ft Myers:
| Metric | Value |
|---|---|
| Stafford loan recipients | 425 |
| Total Stafford loan amount | $4,169,529 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.