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Nova Academy of Cosmetology

Private for-profit

5979 Bandel Road, Rochester, MN 55901

(507) 280-6910

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Quick Facts

174

Total Enrollment

81%

Graduation Rate

$24,551

Median Earnings (6yr)

$29,868

Avg Net Price

15:1

Student-Faculty Ratio

About Nova Academy of Cosmetology

Institution Details

Type Private for-profit
Size Under 1,000
Accreditation National Accrediting Commission of Career Arts and Sciences
Primary Degree Certificate
Highest Degree Certificate

Location

Address 5979 Bandel Road
City Rochester, MN
ZIP Code 55901
County Olmsted County

President/Chief Administrator: Michelle Forstner (C.E.O.)

Programs & Degrees

Degree information not available.

Undergraduate Programs: Yes
Graduate Programs: No

Admissions

Enrollment Statistics

Total Enrollment 174

Student Demographics

Female 98%
Male 2%

Race/Ethnicity

White 74.7%
Black 2.9%
Hispanic 10.3%
Asian 1.7%
American Indian/Alaska Native 0.6%
Two or More Races 3.5%
Unknown 6.3%

Student Characteristics

Age 25 and Older 21.3%

Tuition & Financial Aid

$32,211

Total Cost of Attendance

$29,868

Avg. Net Price

Financial Aid Statistics

Students Receiving Pell Grants 38%
Students with Federal Loans 67%
Students Receiving Any Aid 38%

Student Debt & Repayment

Median Debt at Graduation $9,424
Median Total Debt $7,863
90th Percentile Debt $15,318
3-Year Repayment Rate 47%

Net Price by Family Income

What families actually pay after grants and scholarships:

$0 - $30,000 $28,219
$30,001 - $48,000 $28,482
$48,001 - $75,000 $29,506
$75,001 - $110,000 $31,318
$110,001+ $32,211

Earnings After Graduation

Median earnings for students who received federal financial aid:

$24,551

6 Years After

$26,572

8 Years After

$32,156

10 Years After

Earnings Range (6 years after enrollment):

25th percentile: $13,059  |  75th percentile: $38,485

Earnings by Family Income Background

$17,649

Low Income

$26,858

Middle Income

$29,517

High Income

Student Outcomes

85%

Part-Time Retention

81%

Graduation Rate

Institutional Resources

15:1

Student-Faculty Ratio

$4,866

Instructional Expenditure

(per student)

Contact Information

Phone: (507) 280-6910

Website: Visit Site

Admissions: Apply Now

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