The Salon Professional Academy-Delray Beach did not increase tuition rates for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $14,520 for both the 2021-22 and 2022-23 academic years.
All undergraduate students at the academy are residents of Florida.
Data indicates that 82% of full-time undergraduates who began studies at The Salon Professional Academy-Delray Beach in 2022-23 received some form of student financial aid. Specifically, 17 students were awarded grants or scholarships totaling $81,335, while 16 students borrowed more than $74,726 in student loans.
Across the entire undergraduate body, 42 students received grants or scholarships amounting to $160,970. Additionally, 46 students obtained federal student loans totaling $186,498.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the The Salon Professional Academy-Delray Beach in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 17 | 77% | $70,251 | $4,132 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 7 | 32% | $11,084 | $1,583 |
| Grant or scholarship aid total | 17 | 77% | $81,335 | $4,784 |
| Federal student loans | 16 | 73% | $74,726 | $4,670 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 16 | 73% | $74,726 | $4,670 |
| Total student aid | 18 | 82% | $156,061 | $8,670 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
