For the 2022-23 school year, tuition at Empire Beauty School-Somersworth did not change, as indicated by 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 $21,480 this year, which is $2,985 higher than the $18,495 charged during the 2021-22 academic year.
Approximately 78% of the undergraduate students at the school are residents of New Hampshire, while about 22% come from other states.
Data reveals that 78% of full-time undergraduates who began their studies in 2022-23 received some form of financial aid. Specifically, 12 students obtained grants or scholarships amounting to $38,237, and nine students secured student loans exceeding $58,339.
Among all undergraduate students, 85 received grants or scholarships totaling $318,619, and 77 students borrowed $463,238 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 Empire Beauty School-Somersworth 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 | 5 | 14% | $26,987 | $5,397 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 10 | 28% | $11,250 | $1,125 |
| Grant or scholarship aid total | 12 | 33% | $38,237 | $3,186 |
| Federal student loans | 9 | 25% | $58,339 | $6,482 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 9 | 25% | $58,339 | $6,482 |
| Total student aid | 28 | 78% | $96,576 | $3,449 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
