Financial Aid at Summit Salon Academy-Lexington
Financial Aid Amount Received
$4,316 (55.33% of tuition)
Percent of Financial Aid Received
51% of 123 students
118 undergraduate students (51% of all students) have received grants, scholarships, and/or federal student loans at Summit Salon Academy-Lexington. The percentage of students who received financial aid higher compared to Private (for-profit), Less Than 2-Years Colleges in Kentucky.
Compared to similar schools in rankings such as Barrett and Company School of Hair Design and PJ's College of Cosmetology-Bowling Green, the percentage of students who received financial aid is higher (the average of the schools is 60.78%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,316 and the average loan amount is $5,586. The average financial aid amount is 55.33% of tuition & fees (tuition & fees: $7,800).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 118 | 51% | $509,280 | $4,316 |
| Pell Grants | 118 | 51% | $509,280 | $4,316 |
| Federal Students Loans | 128 | 55% | $715,020 | $5,586 |
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), 32 students have received one or more types of financial aid at Summit Salon Academy-Lexington.
The average amount of federal, state, local or institutional grant aid is $5,600 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,689.
The following table shows the financial data by type of aid at Summit Salon Academy-Lexington.
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 | 66 | 79% | - | - |
| Grant or scholarship aid | 32 | 38% | $179,205 | $5,600 |
| Federal Grants | 32 | 38% | $179,205 | $5,600 |
| Pell Grants | 32 | 38% | $179,205 | $5,600 |
| Other Federal Grants | 0 | 0% | $0 | - |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 0 | 0% | $0 | - |
| Student Loans | 41 | 49% | $315,260 | $7,689 |
| Federal Student Loans | 41 | 49% | $315,260 | $7,689 |
| Other Student Loans | 0 | 0% | $0 | - |