According to the latest report, tuition fees at Empire Beauty School-Laconia did not change for the 2022-23 school year, 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 tuition charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents of New Hampshire.
Data indicates that every full-time undergraduate who began studies at Empire Beauty School-Laconia in 2022-23 received some form of student financial aid. Fourteen students were awarded grants or scholarships amounting to $96,815, while the same number of students secured student loans totaling over $83,734.
Across all undergraduate students, 32 individuals received grants or scholarships totaling $195,286. Additionally, 32 students obtained federal student loans amounting to $196,087.
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-Laconia 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 | 12 | 86% | $68,412 | $5,701 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 7 | 50% | $28,403 | $4,058 |
| Grant or scholarship aid total | 14 | 100% | $96,815 | $6,915 |
| Federal student loans | 14 | 100% | $83,734 | $5,981 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 14 | 100% | $83,734 | $5,981 |
| Total student aid | 14 | 100% | $180,549 | $12,896 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
