Financial Need, Cost of Attendance, and Net Price Calculator
Understanding Financial Need
Financial aid can include both need-based and non-need-based assistance. Your FAFSA information, Student Aid Index, Cost of Attendance, and other financial assistance are used when determining your eligibility for applicable financial aid programs.
What Is Financial Need?
Financial need is used when determining eligibility for need-based financial assistance. Not all forms of financial aid are need-based, so a student who does not demonstrate financial need may still be considered for other forms of financial assistance for which the student is eligible.
Summit Salon Academy's Financial Aid Office will review your eligibility for the financial aid programs available to you based on applicable federal, state, institutional, and program requirements.
Your Student Aid Index
Information provided on the FAFSA is used to calculate your Student Aid Index, also called the SAI. The SAI is used as part of the federal student aid process and when determining eligibility for certain need-based financial aid.
The SAI is not your bill from Summit Salon Academy and should not be interpreted as the amount that you or your family will necessarily pay toward your education.
What If I Do Not Demonstrate Financial Need?
Not demonstrating financial need does not necessarily mean that you are ineligible for all financial assistance.
Depending on your individual eligibility, you may still be considered for non-need-based financial assistance. The Financial Aid Office will review the information available and determine the financial aid programs for which you may qualify.
Your Cost of Attendance Matters
Cost of Attendance is one of the basic components used in the financial aid process. It is an estimate of educational expenses for a student's period of enrollment and may include both costs charged by the school and estimated expenses a student may incur while attending.
The next section explains Summit Salon Academy's Cost of Attendance and the types of expenses included in the financial aid budget.
Understanding Cost of Attendance
Cost of Attendance, also called COA, is an estimate of the educational and living expenses associated with attending Summit Salon Academy for a specific period of enrollment.
Understanding Your Cost of Attendance
Your Cost of Attendance Is Not Your Bill
The Cost of Attendance includes more than the charges you pay directly to Summit Salon Academy. It also includes estimated living and other expenses you may incur while attending school. Your actual expenses may be higher or lower depending on your individual circumstances.
Why Is Cost of Attendance Important?
Cost of Attendance is an important part of the financial aid process. It is used when determining financial need and establishes limits used when financial aid is awarded under applicable federal student aid programs.
When comparing schools or reviewing your financial aid options, consider the overall estimated cost of attending your program rather than looking only at the amount of financial assistance offered.
What's Included in Cost of Attendance?
Tuition and Fees
This component includes tuition and applicable fees associated with attending your program. The amount included in the Cost of Attendance depends on the applicable program and enrollment period.
Books, Course Materials, Supplies, and Equipment
This component includes books, course materials, supplies, and equipment associated with your program. Summit Salon Academy's program costs may include educational supplies, course materials, equipment, and applicable technology-related expenses.
Housing
The Cost of Attendance may include an estimated housing allowance based on the student's applicable living situation. Housing is an estimated living expense and is not a charge paid to Summit Salon Academy.
Food
The Cost of Attendance includes an estimated allowance for food during the applicable enrollment period. This is a budgeting estimate and is not a charge paid to Summit Salon Academy.
Transportation
The transportation allowance is an estimate of transportation expenses associated with attending school, such as travel between your residence, school, and other applicable locations. The transportation allowance does not include the purchase of a vehicle.
Miscellaneous Personal Expenses
For students whose enrollment meets applicable federal requirements, the Cost of Attendance may include an estimated allowance for miscellaneous personal expenses. These are estimated expenses and are not charges paid to Summit Salon Academy.
Federal Student Loan Fees
For students receiving applicable federal student loans, the Cost of Attendance may include required federal loan fees. Summit Salon Academy's published Cost of Attendance budgets include applicable estimated loan fees for borrowers.
Program Costs and Estimated Expenses Are Different
Some Cost of Attendance components relate to program costs associated with attending Summit Salon Academy, while other components are estimates of expenses that may be incurred outside the Academy.
Program Costs
Program costs include applicable tuition, fees, books, course materials, supplies, and equipment associated with your program.
Estimated Living and Other Expenses
Estimated expenses may include housing, food, transportation, miscellaneous personal expenses, and applicable federal student loan fees. These estimates help create the financial aid budget but do not necessarily represent amounts you will pay to Summit Salon Academy.
Review Your Program's 2026-27 Budget
The next section provides Summit Salon Academy's 2026-27 Cost of Attendance budgets for programs eligible for federal Title IV student financial aid.
Find Your Estimated Cost of Attendance
Select your program information below to view the Cost of Attendance budget that applies to your program, start-date pricing, dependency status, and schedule.
Pricing Is Based on Your Program Start Date
Students starting on or before December 31, 2026 use the applicable 2026 program pricing. Students starting January 1, 2027 or later use the applicable 2027 program pricing. Your pricing is based on when your program begins.
Build Your Estimate
Your Estimate
Estimated Cost of Attendance
Academic Year 1 Estimated Cost of Attendance
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Program Costs
Estimated Living & Other Expenses
Important
Cost of Attendance is a financial aid budget and is not the amount you will necessarily owe Summit Salon Academy. Housing, food, transportation, miscellaneous personal expenses, and applicable federal student loan fees are estimated allowances used for financial aid purposes and are not additional charges billed by the Academy.
Estimate Your Net Price
The Net Price Calculator is another tool you can use to estimate the cost of attending Summit Salon Academy after considering estimated grant and scholarship assistance.
What Is Net Price?
The Net Price Calculator estimates net price by considering estimated Cost of Attendance and subtracting estimated grant and scholarship assistance.
The calculator compares the information you provide with information from similar students who attended Summit Salon Academy in a previous year.
Your Calculator Result Is an Estimate
The result from the Net Price Calculator is not a final financial aid determination, financial aid offer, or final net price.
Cost of Attendance and financial aid availability can change from year to year, so your actual costs and financial aid eligibility may differ from the calculator estimate.
Important
The Net Price Calculator does not replace the FAFSA. Complete the applicable Free Application for Federal Student Aid so Summit Salon Academy can determine your actual eligibility for federal student aid.
The calculator does not ask for personally identifying information and states that the information provided through the calculator is confidential.
Ready to Estimate Your Net Price?
Use Summit Salon Academy's Net Price Calculator to receive an estimated net price based on the information you provide.
Use the Net Price Calculator