The Academy of Esthetics and Cosmetology maintained its tuition rates for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $12,100 in tuition for both the 2021-22 and 2022-23 academic years.
All undergraduate students at the school are residents of California.
Data indicates that 80% of full-time undergraduates who began studies at the Academy of Esthetics and Cosmetology in 2022-23 received some form of student financial aid. Specifically, eight students were awarded grants or scholarships totaling $48,713, while seven students borrowed over $37,656 in student loans.
Among all undergraduates, 22 students received grants or scholarships amounting to $117,906. Additionally, 21 students took out federal student loans totaling $114,677.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Academy of Esthetics and Cosmetology in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 8 | 80% | $48,713 | $6,089 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 8 | 80% | $48,713 | $6,089 |
| Federal student loans | 7 | 70% | $37,656 | $5,379 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 7 | 70% | $37,656 | $5,379 |
| Total student aid | 8 | 80% | $86,369 | $10,796 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
