by our College Data Analytics TeamMany students are not billed 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 total cost of going to Universal Spa Training Academy can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Universal Spa Training Academy provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Universal Spa Training Academy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Universal Spa Training Academy, 48% of first-time, full-time freshmen received some form of financial aid roughly 58 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 32% | $4,151 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 32% | $4,151 |
| State/local grants | 0% | — |
| Federal student loans | 37% | $9,231 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 38% of undergraduate students received gift aid averaging $4,330 (among about 88 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $4,330 |
| Federal Pell grants | 38% | $4,367 |
| Federal student loans | 45% | $8,578 |
For on-campus title-IV students, average grant aid came to $2,791.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,078 |
| $30,001 – $75,000 | $20,646 |
| Over $75,000 | $22,560 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $21,965 |
| Off-campus title-IV students | $20,547 |
For a personalized estimate based on your family’s financial situation, use Universal Spa Training Academy’s online cost calculator: www.spatrainingacademy.edu/npcalc/npcalc.htm.
The median federal debt load at Universal Spa Training Academy comes to $6,861 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,861 |
| Median federal debt (graduates only) | $7,283 |
| Typical 10-year monthly payment (graduates) | $77.21/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Universal Spa Training Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,959 |
| 25th percentile | $5,000 |
| 75th percentile | $7,917 |
| 90th percentile (highest-debt students) | $7,917 |
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 | $7,283 |
| Middle income | $6,861 |
| High income | $4,583 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,861 |
| Continuing-generation students | $7,667 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,583 |
| Independent students | $7,917 |
These indicators are derived from the underlying debt data and summarize the overall picture at Universal Spa Training Academy.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Universal Spa Training Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 943 |
| Total Stafford loan amount | $5,839,826 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $64,800 |
| Average GI Bill amount per recipient | $16,200 |
References
More about our data sources and methodologies.