Cost of college increased for all Catherine Hinds Institute of Esthetics students in 2022-23 school year

An G. Hinds President & CEO - Catherine Hinds Institute of Esthetics
An G. Hinds President & CEO - Catherine Hinds Institute of Esthetics
0Comments

The Catherine Hinds Institute of Esthetics reported a 1.4% tuition increase for the 2022-23 school year, based on 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 $13,820 this year, which is $195 higher than the $13,625 charged during the 2021-22 academic year.

Approximately 87% of the undergraduate student body at the school are residents of Massachusetts, while about 13% come from other states.

Data indicates that half of the full-time undergraduates who began their studies at the Catherine Hinds Institute of Esthetics in 2022-23 received some form of student financial aid. Specifically, 41 students were awarded grants or scholarships totaling $183,248, and 41 students obtained student loans exceeding $205,124.

Across the entire undergraduate population, 127 students received grants or scholarships amounting to $469,624. Additionally, 191 students secured federal student loans totaling $659,204.

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 the Catherine Hinds Institute of Esthetics 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 41 50% $166,248 $4,055
State / local grant or scholarship 15 18% $17,000 $1,133
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 41 50% $183,248 $4,469
Federal student loans 41 50% $205,124 $5,003
Other student loans 0 0% $0 $0
Student loan aid 41 50% $205,124 $5,003
Total student aid 41 50% $388,372 $9,472

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



Related

Julie Chen, Ph.D. Chancellor - University of Massachusetts-Lowell

Cost of education increases for all University of Massachusetts-Lowell students in 2022-23 school year

The University of Massachusetts-Lowell reported a 3.1% increase in in-state tuition for the 2022-23 academic year, according to recent data, according to the latest disclosure from the National Center for Education Statistics.

Patrick Tutwiler Massachusetts Secretary of Education - https://www.bc.edu/bc-web/bcnews/nation-world-society/education/lynch-school-graduate-named-mass-education-secretary.html

Did Collegiate Charter School of Lowell District students succeed or flounder in their 2023-24 English tests?

MCAS results are in, and 26.6% of Collegiate Charter School of Lowell District students passed the English Language Arts portion of the test in the 2023-24 school year, according to the Massachusetts Department of Elementary and Secondary Education.

Patrick Tutwiler Massachusetts Secretary of Education - https://www.mass.gov/info-details/secretary-of-education#:~:text=As%20Massachusetts%20Secretary%20of%20Education,the%20University%20of%20Massachusetts%20system.

Minuteman Regional Vocational Technical School District: How many students met or exceeded expectations in math in 2023-24 school year?

MCAS results are in, and 59.4% of Minuteman Regional Vocational Technical School District students passed the math portion of the test in the 2023-24 school year, according to the Massachusetts Department of Elementary and Secondary Education.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Merrimack Valley News.