Nova Academy of Cosmetology – Institution Information

Table of Contents

General Information

UNITID Item Value order
459426 City Rochester 1
459426 State MN 2
459426 Region Plains (IA, KS, MN, MO, NE, ND, SD) 3
459426 Locale City: Midsize (population of at least 100,000 but less than 250,000) 4
459426 Main Campus Yes 5
459426 Institution Type Private For-Profit 6
459426 Accreditation National Accrediting Commission of Career Arts and Sciences 7
459426 Website www.nova-academy.com/ 8
459426 Highest Degree Offered Certificate degree 9
459426 Carnegie Classification Not applicable 10

Background Information

UNITID Item Value
459426 Enrollment (undergraduate degree-seeking) 193
459426 Historically Black College and University No
459426 Predominantly Black Institution No
459426 Alaska Native Native Hawaiian serving institution No
459426 Tribal College and University No
459426 Asian American Native American Pacific Islander-serving institution No
459426 Hispanic-serving institution No
459426 Native American non-tribal institution No
459426 Men-only college No
459426 Women-only college No
459426 Online-only education No
459426 Open admissions policy Yes

Admissions

UNITID Item Value
459426 Admission rate NA%

Financials

UNITID Item Value
459426 University Tuition Information nova-academy.com/wp-content/uploads/2016/05/npcalc_nova-may16.htm
459426 Pct of Undergrads Receiving Pell Grant 36%
459426 Pct of Undergrads Receiving a Federal Loan 70%
459426 Median Debt for Completing Students $9,424
459426 Median Debt For Students Who Withdrew $4,648
459426 Median Debt For Students with Family Income $0-30K $7,115
459426 Median Debt For Students with Family Income $30-75K $7,863
459426 Median Debt For Students with Family Income $75K+ $9,086
459426 Median Debt For First-Gen Students $7,889
459426 Median Monthly Debt Payment of Completers (10 yr payment plan) $100
459426 Average Annual Cost of Attendance $20,027
459426 Average Annual Cost of Attendance ($0-30k Family Income) $18,574
459426 Average Annual Cost of Attendance ($30-48k Family Income) $19,003
459426 Average Annual Cost of Attendance ($48-75k Family Income) $20,220
459426 Average Annual Cost of Attendance ($75-110k Family Income) $22,110
459426 Average Annual Cost of Attendance ($110k+ Family Income) $22,525

Outcomes

UNITID Item Value
459426 Completion Rate 68%
459426 Fed Loan Default Rate <=10%

Programs

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