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Monday, November 4, 2024

Cost of college was unchanged for all students at Hairmasters Institute of Cosmetology

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Tuition and fees was unchanged for 2017-18 at Hairmasters Institute of Cosmetology, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $14,250 to attend the private for-profit school in both the 2016-17 and 2017-18 academic years.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 55 students received grants or scholarships totaling $190,000 and 52 students took out student loans totaling more than $285,000.

Including all undergraduates, 108 students used grants or scholarships totaling $637,200. Another 108 took out $540,000 in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
117
$14,250
$14,250
$14,250
$14,250
0%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Hairmasters Institute of Cosmetology in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
50
91%
$180,000
$3,600
State / local grant or scholarship
0
0%
$0
Institutional grants or scholarships
20
36%
$10,000
$500
Grant or scholarship aid total
55
100%
$190,000
$3,455
Federal student loans
52
95%
$285,000
$5,481
Other student loans
0
0%
$0
Student loan aid
52
95%
$285,000
$5,481
Total student aid
55
100%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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