Nova Academy of Cosmetology, MN

Private For-Profit Open Admissions Main Campus
place
5979 Bandel Road, Rochester, MN 55901
phone
(507) 280-6910

Nova Academy of Cosmetology Rankings

Affordability75
Retention12
Graduation48
Diversity29
1 ← Poor Great → 100

Academics

Academics at Nova Academy of Cosmetology

- Bachelor’s
- Associate’s
100% Certificate
Cert Highest Degree

Share of Graduates by Field of Study

Personal and Culinary Services100%

Admissions

Getting into Nova Academy of Cosmetology

- Admission Rate
- Median SAT Math
- Median SAT Reading
- Median ACT Composite

Typical Test Scores

Cost

Cost of Attending Nova Academy of Cosmetology

- In-State Tuition
- Out-of-State Tuition
$20K Average Total Cost
$15K Average Net Cost

Average Net Price by Family Income

Family Income School MN US
$0–$30K $15K $13K $14K
$30K–$48K $13K $13K $15K
$48K–$75K $20K $15K $17K
$75K–$110K $17K $19K $19K
>$110K $18K $21K $21K

Debt

Typical Debt after Nova Academy of Cosmetology

75% Receive Federal Loans
$8K Median Federal Debt
47% Repayment Rate
$88 Median Payment

Received Financial Aid

Family Income School MN US
$0–$30K 53% 43% 57%
$30K–$48K 10% 15% 16%
$48K–$75K 15% 15% 12%
$75K–$110K 10% 14% 9%
>$110K 12% 16% 11%

Student Debt

Category School MN US
The median debt for family income between $0–$30K $7K $12K $11K
The median debt for family income between $30K–$75K $7K $12K $12K
The median debt for students with family income >$75K $10K $12K $12K
The median debt for Pell students $8K $13K $12K
The median debt for no-Pell students $8K $11K $11K
Cumulative loan debt at the 90th percentile $15K $28K $25K
Cumulative loan debt at the 75th percentile $10K $20K $18K
Cumulative loan debt at the 25th percentile $6K $6K $6K
Cumulative loan debt at the 10th percentile $4K $3K $3K

Repayment Rates

Period School MN US
1-year after entering repayment 42% 52% 43%
3-years after entering repayment 47% 56% 46%
5-years after entering repayment 41% 61% 50%

Completion

Completion Rates at Nova Academy of Cosmetology

62% Retention Rate
- Transfer Rate
16% Withdrawal Rate
69% Graduation Rate

Graduation Rates by Time Taken

Time Taken School MN US
Within 4 Years 56% 38% 38%
Within 6 Years 69% 50% 55%
Within 8 Years 75% 51% 56%

Graduation Rates by Ethnicity

Ethnicity and Nativity School MN US

Outcomes

Outcomes after Nova Academy of Cosmetology

- Employment Rate
- Median Salary
- 25 Pctl Salary
- 75 Pctl Salary

Employment over Time

Period School MN US

Distribution of Earnings after Graduation

Percentile School MN US

Median Earnings over Time

Period School MN US

Students

Students at Nova Academy of Cosmetology

111 Undergraduates
100% Full-time Undergrads
25 Avg Entry Age
- Graduate Students

Enrollment by Gender

Gender School MN US
Female degree-seeking undergraduates 96% 61% 64%
Male degree-seeking undergraduates 4% 38% 35%

Enrollment by Race and Nativity

Race and Nativity School MN US
Asian 3% 5% 4%
Black 4% 10% 18%
Caucasian 77% 64% 49%
Hispanic or Latino 10% 6% 18%
Native American or Alaskan Native 1% 4% 1%
Two or more races 4% 4% 3%
Other race 2% 3% 4%

Enrollment by Family Income

Family Income School MN US
$0–$30K 23% 29% 43%
$30K–$48K 18% 16% 18%

Location Map

Nearby Colleges

Colleges near Nova Academy of Cosmetology, MN