As many as 90% of the students at SSA get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,010,301 in a year. At SSA, the total percentage of applicants who receive the Federal Grant stands at 74%. In comparison, 77% of the students are awarded the Student Grant, 6% get the Institution Grant, and 74% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,512. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Summit Salon Academy, the percentage of candidates who opt to avail of student loans is around 71%.