Cost increased for all Academy of Hair Design-Jasper students in 2022-23 school year

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Tuition for the 2022-23 school year at the Academy of Hair Design-Jasper rose by 1.6%, based on the latest available information, according to the latest disclosure from the National Center for Education Statistics.

Students paid $12,700 to attend the private for-profit institution in both the 2021-22 and 2022-23 academic years.

Approximately 89% of the undergraduate students at the school are residents of Texas, while about 5% come from other states.

Data indicates that all full-time undergraduates who began their studies at the Academy of Hair Design-Jasper in 2022-23 received some form of student financial aid. Specifically, 39 students were awarded grants or scholarships totaling $233,348, and the same number of students borrowed more than $229,489 in student loans.

Across the entire undergraduate population, 39 students received grants or scholarships amounting to $387,192. Additionally, 63 students took out federal student loans totaling $454,293.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Academy of Hair Design-Jasper 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 39 100% $228,828 $5,867
State / local grant or scholarship 0 3% $0 $0
Institutional grants or scholarships 0 3% $0 $0
Grant or scholarship aid total 39 100% $233,348 $5,983
Federal student loans 39 100% $225,264 $5,776
Other student loans 0 3% $0 $0
Student loan aid 39 100% $229,489 $5,884
Total student aid 39 100% $462,837 $11,867

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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