Nova Academy of Cosmetology

What the IPEDS & College Scorecard Data Shows for Nova Academy of Cosmetology

Nova Academy of Cosmetology operates as a private for-profit institution located in Rochester, Minnesota (city: midsize), with a total reported enrollment of 205 students of which 349 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Nova Academy of Cosmetology is categorized as “-2” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. Admission rate data is not currently reported for this institution. The average net price after grants and scholarships is $21,473 and a Pell grant recipient share of 35.2%. Median federal student debt at graduation is $9,424, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. Four-year completion rate data is unavailable, rising to 79.1% at six years. Graduates earn a median of $32,156 ten years after enrolling, compared with $24,551 six years post-enrollment. Within three years of entering repayment, 13100.0% of borrowers are making progress on their federal loans. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.