Nova Academy of Cosmetology, MN

Private For-ProfitOpen AdmissionsMain Campus
5979 Bandel Road, Rochester, MN 55901
(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
CertHighest 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
$20KAverage Total Cost
$15KAverage Net Cost

Average Net Price by Family Income

Family IncomeSchoolMNUS
$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
$8KMedian Federal Debt
47%Repayment Rate
$88Median Payment

Received Financial Aid

Family IncomeSchoolMNUS
$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

CategorySchoolMNUS
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

PeriodSchoolMNUS
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 TakenSchoolMNUS
Within 4 Years 56%38%38%
Within 6 Years 69%50%55%
Within 8 Years 75%51%56%

Graduation Rates by Ethnicity

Ethnicity and NativitySchoolMNUS

Outcomes

Outcomes after Nova Academy of Cosmetology

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

Employment over Time

PeriodSchoolMNUS

Distribution of Earnings after Graduation

PercentileSchoolMNUS

Median Earnings over Time

PeriodSchoolMNUS

Students

Students at Nova Academy of Cosmetology

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

Enrollment by Gender

GenderSchoolMNUS
Female degree-seeking undergraduates 96%61%64%
Male degree-seeking undergraduates 4%38%35%

Enrollment by Race and Nativity

Race and NativitySchoolMNUS
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 IncomeSchoolMNUS
$0–$30K 23%29%43%
$30K–$48K 18%16%18%

Location Map

Nearby Colleges

Colleges near Nova Academy of Cosmetology, MN