The International School of Beauty Inc reported a 14.8% decrease in tuition fees for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled in the private for-profit institution paid $15,000 this year, which is $2,600 less than the $17,600 charged in the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents from California.
Data indicates that 74% of full-time undergraduates who began their studies at the International School of Beauty Inc in 2022-23 received some form of financial aid. Specifically, 75 students were awarded grants or scholarships totaling $576,874, while 61 students obtained student loans amounting to over $294,212.
Across all undergraduate students, 158 individuals received grants or scholarships totaling $1.1 million. Additionally, 127 students secured federal student loans totaling $658,544.
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 International School of Beauty Inc 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 | 75 | 67% | $576,874 | $7,692 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 75 | 67% | $576,874 | $7,692 |
| Federal student loans | 61 | 54% | $294,212 | $4,823 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 61 | 54% | $294,212 | $4,823 |
| Total student aid | 83 | 74% | $871,086 | $10,495 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
