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Saturday, May 4, 2024

Cost of college was unchanged for all students at Universal Spa Training Academy

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Tuition and fees was unchanged for 2017-18 at Universal Spa Training Academy, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $15,400 to attend the private for-profit school in both the 2016-17 and 2017-18 academic years.

Data shows 78 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 92 students received grants or scholarships totaling $270,415 and 116 students took out student loans totaling more than $623,139.

Including all undergraduates, 132 students used grants or scholarships totaling $375,001. Another 156 took out $1.06 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~82
$11,450
$14,750
$15,400
$15,400
34.5%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Universal Spa Training Academy in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
92
51%
$258,715
$2,812
State / local grant or scholarship
1%
Institutional grants or scholarships
0
0%
$0
Grant or scholarship aid total
92
51%
$270,415
$2,939
Federal student loans
116
64%
$623,139
$5,372
Other student loans
0
0%
$0
Student loan aid
116
64%
$623,139
$5,372
Total student aid
142
78%

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