The Salon Professional Academy-Ft Myers saw a 2.8% tuition increase for the 2022-23 school year, as revealed in the most recent data disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled in the private for-profit institution paid $16,725 this year, which is $450 higher than the $16,275 tuition charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents of Florida.
Data indicates that 40% of full-time undergraduates who began studies at The Salon Professional Academy-Ft Myers in 2022-23 received some form of student financial aid. Specifically, seven students were awarded grants or scholarships totaling $27,275, while seven others obtained student loans amounting to more than $57,500.
Across all undergraduate students, 41 individuals received grants or scholarships totaling $244,349. Additionally, 51 students secured federal student loans totaling $375,371.
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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 7 | 35% | $27,275 | $3,896 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 7 | 35% | $27,275 | $3,896 |
| Federal student loans | 7 | 35% | $57,500 | $8,214 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 7 | 35% | $57,500 | $8,214 |
| Total student aid | 8 | 40% | $84,775 | $10,596 |
