Understanding Financial Aid: How to Reach for Your Dreams

Investing in yourself is one of the best things you can do.

Reading a book, learning to meditate, taking the time to look your best each day. There are many ways that you can invest in yourself and in your happiness. There is one way, however, that often gets cast to the side. Creating a life that makes you happy everyday.

That investment leads to joy not only in your day to day, but in your life for years to come.

One of the biggest things you can do to find that joy is creating a career that you wake up every day excited to do. This may sound easy to some, but for others that dream falls to the side due to money, or time, or even just not thinking that you will be able to make a living doing the things that makes them happy.

Don’t let the roadblocks keep you from seeing all the amazing possibilities!

When it comes to financial roadblocks. The Salon Professional Academy(TSPA), Shorewood is ready to help you conquer them! With financial aid available to those who qualify as well as multiple scholarship opportunities, your opportunity to create a positive future is ready for you!

When considering an investment in your education it’s important that you get all the facts.

At TSPA Shorewood we are ready to help you navigate your financial aid opportunities as you move toward this investment. Schedule a tour to sit down with our admissions coordinator today to discuss your options, and see how close your dreams really are.

Here is a simple financial aid break down to help you navigate the next steps.

Who Can Utilize Financial Aid?

Paper FAFSA Applications

Federal financial aid is funding that is designed for students with financial difficulty to be able to pursue an education. The distribution of this funding is monitored by The United States Department of Education and it is their standard that determine not only the qualifications but the qualification amounts for applicants.

If you are in need of financial assistance to pursue your education, Federal Financial Aid could be an option.

In order to find out if you qualify you must first fill out the Free Application for Federal Student Aid (FAFSA) online. From there you will work with the Financial Aid Administrator at your school to determine your qualification amounts as well as your next steps.

What Types of Aid Are Available?

cute piggy back with piled coins

There are a few different types of financial aid options that qualified students can receive. We hope this brief breakdown can help you gain an understanding on what’s out there.

Make sure to grab a paper and pen and write down any questions that you have, this will help you be prepared for your tour and to fully understand what is available to you.

  • Unsubsidized Loans

    These loans are the full responsibility of the student to pay back. The interest for these loans is accrued throughout your time spent at school so it is recommended to limit your usage of these loans, and to make payments toward them while you are in school if possible.

  • Subsidized Loans

    While these loans are also the full responsibility of the student to payback, they do not accrue interest during enrollment. That said, once you have left school these loans begin to accrue interest so it is important to be aware of the added cost and make plans to pay them back right as soon as possible.

  • Direct Parent Plus Loans

    If you are still a dependant of your parents and there is unmet need within your home your parents can qualify for this loan to help with your education.

The types of loans that are available to qualified individuals are varied, so make sure you take the time to sit down with your financial aid administrator to ask questions and fully understand the options that are before you.

Are There Scholarships or Grants I Could Receive?

Happy women with books, talking after school

In addition to loans, there are also grants and scholarship opportunities available. Different that student loans, grants and scholarships do not have to be paid back.

However, they can be harder to get, or the dollar amount could be limited over your lifetime. Make sure you take the time to ask questions before applying so that you fully understand what is required. Our Financial Aid Administrator is ready to help you with any question you might have.

  • Pell Grants

    Pell grants are disbursed to qualified individuals who have an unmet need in regards to their ability to pursue their education. There are limits on disbursement amounts and time frame, so be aware of all of the rules before utilizing these.

  • TSPA Scholarships

    As part of The Salon Professional Academy family we are honored to be able to offer scholarship opportunities that are exclusive to our network of schools. Among these, the Redken and Diamond Academy scholarship is available to our students. If accepted, these disbursements could save you thousands of dollars off your investment.

  • Local Opportunities

    In addition to Scholarships within the TSPA family there may also be opportunities in your local community for you to apply to scholarships that you may not have thought of.

If you are interested in any of these opportunities make sure to come in today and find out how you can take advantage of these options.

What is My First Step?

If you are interested in utilizing federal financial aid or scholarship to fund your education investment we would love to speak with you!

Read our blog about how to find your perfect cosmetology school, and once you have found your perfect match schedule your tour to get started today!

We would love to speak with you and help you fully understand all of the financial aid options that are waiting for you. Sitting down with our Financial Aid Administrator is the first step to getting all your questions answered and submitting your application. We can help guide you through your options and figure out what your needs are, and how to make your future exactly what you want it to be.

Contact us today to get started!

Don’t let anything stop you from investing in your future. We are here for you!


Financial Aid is available to those who qualify. Scholarship qualification and application processes vary, not all will qualify. Contact us today to speak to a financial aid administrator for more information.