For the 2022-23 school year, tuition at Charles of Italy Beauty College dropped by 0.7%, as revealed in 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 $13,750 this year, a $100 reduction from the $13,850 charged during the 2021-22 academic year.
Approximately 80% of the college’s undergraduate students are residents of Arizona, while around 9% come from other states.
Data indicates that 72% of full-time undergraduates who began studies at Charles of Italy Beauty College in 2022-23 received some form of financial aid. Specifically, 67 students were awarded grants or scholarships totaling $340,340, and 79 students obtained student loans exceeding $432,134.
Across all undergraduate students, 76 received grants or scholarships amounting to $368,890. Additionally, 88 students borrowed a total of $471,524 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 Charles of Italy Beauty College 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 | 67 | 56% | $340,340 | $5,080 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 67 | 56% | $340,340 | $5,080 |
| Federal student loans | 79 | 66% | $432,134 | $5,470 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 79 | 66% | $432,134 | $5,470 |
| Total student aid | 86 | 72% | $772,474 | $8,982 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
