The Hair Academy School of Barbering & Beauty did not increase tuition fees for the 2022-23 school year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $13,450 in tuition for both the 2021-22 and 2022-23 academic years.
Approximately 70% of the undergraduate students at the school are residents of Delaware, while the remaining 30% come from other states.
Records indicate that every full-time undergraduate who began studies at Hair Academy School of Barbering & Beauty in 2022-23 received some form of student financial aid. Ten students were awarded grants or scholarships totaling $33,943, and the same number took out student loans exceeding $28,661.
Across all undergraduate students, 17 individuals received grants or scholarships amounting to $52,761. Additionally, 15 students borrowed a combined total of $65,236 in federal student loans.
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 Hair Academy School of Barbering & Beauty 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 | 10 | 91% | $33,943 | $3,394 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 10 | 91% | $33,943 | $3,394 |
| Federal student loans | 10 | 91% | $28,661 | $2,866 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 10 | 91% | $28,661 | $2,866 |
| Total student aid | 11 | 100% | $62,604 | $5,691 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
