Hair Academy
School of Barbering & Beauty
For-profit College in Newark, DE.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
No six-year graduation rate is reported for this institution, which is common for schools whose students are mostly part-time, transfer in, or enroll in short programs that the federal cohort measure does not track. Its absence is not itself a bad sign, but it does remove the clearest completion signal. Retention is strong at 100%, and first-year attrition is where most degrees are lost. A 7:1 ratio points to small classes and accessible faculty. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 47 degree- or certificate-seeking undergraduates
Average net price is $9,698 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. The gap between the $0–30k and $110k+ bands is narrow ($12,403 versus $15,435), meaning aid is not strongly need-weighted. About 72% get grants averaging $5,628, so plan on the possibility of paying closer to full price. Most students borrow — 68% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 19 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $12,403 |
| $30–48k | $10,623 |
| $48–75k | $11,064 |
| $75–110k | $11,988 |
| $110k+ | $15,435 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 32 of these 47 students, totalling $236,173 — an average of $7,380 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (New Castle County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)