Financial Aid at Summit Salon Academy
Financial Aid Amount Received
$4,474 (30.23% of tuition)
Percent of Financial Aid Received
53% of 138 students
107 undergraduate students (53% of all students) have received grants, scholarships, and/or federal student loans at Summit Salon Academy (Anderson, IN). The percentage of students who received financial aid lower compared to Private (for-profit), Less Than 2-Years Colleges in Indiana.
Compared to similar schools in rankings such as Tricoci University of Beauty Culture-Highland and Don Roberts School of Hair Design, the percentage of students who received financial aid is higher (the average of the schools is 61.80%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,474 and the average loan amount is $6,883. The average financial aid amount is 30.23% of tuition & fees (tuition & fees: $14,800).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 107 | 53% | $478,697 | $4,474 |
| Pell Grants | 107 | 53% | $475,697 | $4,446 |
| Federal Students Loans | 119 | 59% | $819,059 | $6,883 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 42 students have received one or more types of financial aid at Summit Salon Academy (Anderson, IN).
The average amount of federal, state, local or institutional grant aid is $4,646 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,414.
The following table shows the financial data by type of aid at Summit Salon Academy (Anderson, IN).
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 52 | 88% | - | - |
| Grant or scholarship aid | 42 | 71% | $195,111 | $4,646 |
| Federal Grants | 42 | 71% | $194,111 | $4,622 |
| Pell Grants | 42 | 71% | $194,111 | $4,622 |
| Other Federal Grants | 0 | 0% | $0 | $0 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 1 | 2% | $1,000 | $1,000 |
| Student Loans | 49 | 83% | $314,308 | $6,414 |
| Federal Student Loans | 49 | 83% | $314,308 | $6,414 |
| Other Student Loans | 0 | 0% | $0 | $0 |