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What is the average loan amount at Innovate Salon Academy?

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For the academic year 2022-2023, total 43 full-time, first-time students (88% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 166 students (54% of all students) have received federal student loans and the average loan amount is $6,173 at Innovate Salon Academy.

Below tables show the number and amount by source of financial aid at Innovate Salon Academy.
All Undergraduate Student Financial Aid at Innovate Salon Academy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid17356%$4,847
Pell Grants17256%$4,470
Federal Student Loans16654%$6,173
Beginning Students (Freshmen) Financial Aid at Innovate Salon Academy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid4694%-
Grants or Scholarship from All Sources3980%$4,914
Federal Grants3980%$4,914
Pell Grants3878%$5,012
Other Federal Grants510%$235
State/Local Grants00%$0
Institutional Grants00%$0
Student Loans4388%$6,539
Federal Student Loans4388%$6,539
Other Student Loans00%$0

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