The Salon Professional Academy-Colorado Springs campus
The Salon Professional Academy-Colorado Springs logo

The Salon Professional Academy-Colorado Springs

Type Less than 2 year, Private
Business Model For Profit
Campus locale City: Large
Degrees offered Undergraduate
Calendar system Continuous
Student body size Small
Student to faculty ratio 15 to 1
Students retention rate 58%
On-time graduation rate 15%

Located in Colorado Springs, Colorado, Tspa is a private, for profit institution that offers undergraduate degrees. The college operates on a continuous calendar system, providing flexibility in scheduling.

One of the notable aspects of The Salon Professional Academy-Colorado Springs is its open admission policy. This means that all high school graduates and individuals who hold a GED qualification are eligible to apply for admission. This inclusive approach allows a wide range of students to pursue their higher education goals, regardless of their academic background.

The Salon Professional Academy-Colorado Springs is accredited by the National Accrediting Commission of Career Arts and Sciences, ensuring that the institution meets certain standards of quality and effectiveness. This accreditation also allows students to transfer credits to other accredited institutions if they choose to continue their education elsewhere.

While the on-time graduation rate at Tspa is reported to be 15%, it is essential to consider the context of this statistic. For-profit institutions often serve a diverse student population, including many non-traditional students who may face unique challenges in completing their degrees. For comparison, Colorado state's graduation rate for the 2021-2022 was 43% whereas the national average was 69%.

The retention rate of students at Tspa is 58% , which is lower than both the state and national averages. The state average retention rate in Colorado is 69%, while the national average is 76%. This indicates that a significant proportion of students who enroll at Tspa do not continue their studies after the first year.


  • Accredited by: National Accrediting Commission of Career Arts and Sciences

Admission

Open Admission

The institution does not have any selection criteria for enrollment. All high school graduates and GED certificate holders are eligible for admission.

Tuition & Fees

The most popular programs at Tspa are Cosmetology/Cosmetologist, General, Barbering/Barber. Below is the cost of attendance for these programs as well as the cost of attendance for similar schools that provide the same program.

Cosmetology/Cosmetologist, General

Barbering/Barber

Average Net Price

The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at The Salon Professional Academy-Colorado Springs was $12,825. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.

Financial aid includes federal, state, or local government grants and institutional grants and scholarships

Tspa net price calculator

$12,825

Below is the average net price of Less than 2 year, private For Profit colleges in Colorado and nationwide.

Colorado's average $14,122
National average $17,367
Below is the net price of Tspa for the past 10 years categorized by different levels of family income brackets.
Year Average Price Change Less than $30k $30k to $48k $48k to $75k $75k to $110k over $110k
2022 $12,825 $4,105 (47%) $10,995 $7,548 $10,018
2021 $8,720 $209 (2%) $12,187 $12,887 $13,040 $13,970
2020 $8,511 $7,906 (48%) $10,096 $9,074 $13,379 $13,379 $13,379
2019 $16,417 $11,240 (41%) $11,589 $12,801 $14,317 $14,934 $14,934
2018 $27,657 $11,500 (71%) $28,185
2017 $16,157 $5,049 (45%) $15,474 $16,770 $13,883 $17,733
2016 $11,108 $682 (6%) $10,064 $8,935 $10,008 $14,928 $14,488
2015 $11,790 $578 (5%) $11,017 $11,240 $13,556 $15,570
2014 $12,368 -- $11,749 $13,618 $14,834 $15,856

How does Tspa's $12,825 net price compare to similar institutions nationwide?

The national average net price of private, Less than 2 year institutions is $17,367. However, for Colorado colleges, that number is $14,122. The table below displays the average net price of comparable colleges:
College name College Type Average net price Comparison
Tenaj Salon Institute logo Tenaj Salon Institute
The Villages FL
Private $18,123 41% Expensive

Tuition Plans

Tuition plans offered by The Salon Professional Academy-Colorado Springs during 2022 academic year.

  • Prepaid tuition plan
    Not Offered
  • Guaranteed tuition plan
    Not Offered
  • Tuition payment plan
    Offered
  • Other alternative tuition plan
    Not Offered

Financial Aid

Average Grant & Scholarships

In 2022, 41 of freshman students at The Salon Professional Academy-Colorado Springs received on average $5,101 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$5,101
Students Receiving Aid Average Amount Total Amount
Pell Grant 11 41% $4,374 $48,116
Other Federal Grant 11 41% $4,374 $48,116
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 11 41% $727 $8,000
Total Grant & Scholarships 11 41% $5,101 $56,116

Average Student Loans

In 2022, 70% of freshman students at The Salon Professional Academy-Colorado Springs received $5,176 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,176
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 19 70% $5,176 $98,336
Private Loans 0 0% - -
Total Loans 19 70% $5,176 $98,336

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

NO DATA
NO DATA

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$5,366
Average aid amount
2022

Academic Programs

Below is a list of academic programs offered at The Salon Professional Academy-Colorado Springs sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 57

Aesthetician/Esthetician and Skin Care Specialist

Undergraduate Certificate 33 students

Cosmetology/Cosmetologist

Undergraduate Certificate 17 students

Nail Technician/Specialist and Manicurist

Undergraduate Certificate 7 students

Barbering/Barber

No graduate

Outcome

Graduation Rate

Out of 47 students who enrolled in 2018 and after, 7 students graduated within the normal graduation time of their respective program and 34 students graduated late (within 150% of the normal time it takes to graduate).

72.3%

Dropout Rate

Out of 47 students who enrolled in 2018 and after, 13 students dropped out of the school.

27.7%

Students Population

Gender Diversity

Very Low

Based on the 2021-2022 data, the undergraduate student population at Tspa is greatly skewed towards women students, with 100.0% of undergraduate students being women and 0.0% being men. The total number of full-time, first-year undergraduate students is 74, with 74 women and 0 men.

  • men 0.0% 0 students
  • women 100.0% 74 students

Students Age Diversity

  • 20-21 21% 14 students
  • 25-29 21% 14 students
  • 18-19 16% 11 students
  • 22-24 13% 9 students
  • 30-34 13% 9 students
  • 40-49 9% 6 students
  • 35-39 7% 5 students

Miscellaneous

Educational Offerings

The Salon Professional Academy-Colorado Springs offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Occupational

Veteran Services

  • Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)