Financial Aid at Summit Salon Academy-Lexington
Financial Aid Amount Received
$2,850 (36.54% of tuition)
Percent of Financial Aid Received
49% of 96 students
114 undergraduate students (49% 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 lower (the average of the schools is 61.89%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $2,850 and the average loan amount is $5,755. The average financial aid amount is 36.54% 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 | 114 | 49% | $324,950 | $2,850 |
| Pell Grants | 114 | 49% | $324,950 | $2,850 |
| Federal Students Loans | 135 | 58% | $776,901 | $5,755 |
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), 53 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 $6,013 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,515.
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 | 61 | 79% | - | - |
| Grant or scholarship aid | 53 | 69% | $318,703 | $6,013 |
| Federal Grants | 53 | 69% | $318,703 | $6,013 |
| Pell Grants | 53 | 69% | $318,703 | $6,013 |
| Other Federal Grants | 0 | 0% | $0 | $0 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 0 | 0% | $0 | $0 |
| Student Loans | 61 | 79% | $458,390 | $7,515 |
| Federal Student Loans | 61 | 79% | $458,390 | $7,515 |
| Other Student Loans | 0 | 0% | $0 | $0 |