New Beginning
College of Cosmetology
For-profit College in Albertville, AL.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. 77% of full-time first-years come back for year two, so about one in four are gone before sophomore year. At 20:1, class sizes land in the normal range for an undergraduate institution. As a for-profit short-program school, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers. This is a small school — 54 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 54 degree- or certificate-seeking undergraduates
At $14,347 a year on average after grant aid, cost is low here relative to most undergraduate institutions. Income makes less difference than usual: $13,830 at $0–30k, $14,086 at $75–110k. 78% of students receive grant aid, averaging $3,538 — common but not automatic. Most students borrow — 72% 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 | $13,830 |
| $30–48k | $16,413 |
| $48–75k | $15,201 |
| $75–110k | $14,086 |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 39 of these 54 students, totalling $170,052 — an average of $4,360 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Marshall County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026