Private (for-profit)

Nova Academy of Cosmetology

Rochester, Minnesota·Private for-profit, less-than 2-year·Plains·novaacademy.edu
6-yr Graduation
77%
—
Total enrollment
205
peer median 205
Avg net price
$21,473
—
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OutcomesProgram outcomesAccreditationCostFederal aidLoan defaultsAcademic programsEnrollment trendsCampus safetyFacultyCampuses

Graduation rate & outcomes

Completion, retention, and the equity gap between Pell and non-Pell students.

IPEDS
Overall completion
77%
Full-time retention
83%

Pell equity

20.2pp gap
Pell recipients
68%32 of 47
Non-Pell (all)
88%30 of 34
Subsidized loan, no Pell
100%25 of 25
No Federal Aid
56%5 of 9

Non-Pell students graduate at a 20.2-point higher rate than Pell recipients.

Source: IPEDS Graduation Rates (GR) — Pell/SSL cohort, 2024 cohort.

Program outcomes

Federal Program Performance Data: how each program's graduate earnings and debt measure up under Financial Value Transparency and Gainful Employment.

FVT/GE

Of 1 Title IV programs, 0 pass the federal Gainful Employment test and 0 fail. 1 have graduate earnings too small to publish, so they carry no pass/fail verdict.

Total programs
1
Passing
0
0.0% of portfolio
Failing (GE)
0
0.0% of portfolio
Fail rate
0.0%
-0.6pp vs 0.6% national

Pass / fail distribution

1programs
  • Passing0 · 0.0%
  • No Data1 · 100.0%
  • Failing0 · 0.0%

Severity spectrum

Critical
0
Severe
0
Recoverable
0
At Risk
0
Watch
0
Safe
0
No data
1

Tiers band programs by how far graduate earnings sit above or below the benchmark, from Critical (below −15%) through Safe (above +25%). No data means earnings were privacy-suppressed.

Debt vs earnings

Median completer debt against median graduate earnings, highest burden first.

1
Cosmetology and Related Personal Grooming Services
Undergraduate Certificate · Personal And Culinary Services
25%
$8,945 debt · $36,079 earn

Accreditation status & history

Who accredits the institution, current standing, and any past actions.

DAPIP
AccreditedInstitutional accreditor

National Accrediting Commission of Career Arts and Sciences, Inc.

Accredited since 2009Next review Jan 2026

Action history · 10

  1. Dec 2024Removal of Monitoring Status
    National Accrediting Commission of Career Arts and Sciences, Inc.
  2. Apr 2024Probation or Equivalent or More Severe Status: Monitoring
    National Accrediting Commission of Career Arts and Sciences, Inc.
  3. Mar 2024Renewal of Accreditation
    National Accrediting Commission of Career Arts and Sciences, Inc.
  4. Nov 2023Grant Substantive Change: Program
    National Accrediting Commission of Career Arts and Sciences, Inc.
  5. Mar 2023Grant Substantive Change: Program
    National Accrediting Commission of Career Arts and Sciences, Inc.

Source: U.S. Dept. of Education

Tuition & cost

What families actually pay, broken down by family income.

College Scorecard

Net price by family income

Aid exceeds costFamily pays
$0–30k$18,099
$30–48k$17,760
$48–75k$22,496
$75–110k$23,160
$110k+$24,885

Negative values mean aid exceeds the published cost of attendance for that income band.

Avg net price (private)
$21,473
vs peer median $21,473
Federal loans
60.2%

Federal aid volume & trends

Pell grants and federal Direct Loan volume disbursed to students, and how they've trended.

Federal Student Aid

In AY 2024–25, 169 students received $948K in Pell grants, alongside $2.2M in federal Direct Loans.

Pell recipients
169
AY 2024–25
Pell disbursed
$948K
$947,986 total
Direct Loans
$2.2M
537 loan awards

Pell recipients · 5-year trend

0k
’20
0k
’21
0k
’22
0k
’23
0k
’24

Loan volume by type · AY 2024–25

Subsidized$767K
238 loan awards
Unsubsidized · UG$929K
263 loan awards
Parent PLUS$537K
36 loan awards

Loan awards count each loan type a student holds, not unique borrowers; one student may carry several (e.g. subsidized and unsubsidized), so the per-type figures are the reliable detail.

Source: U.S. Dept. of Education

Student loan default rate

The share of student borrowers who default on federal loans within three years, against the national benchmark.

Cohort Default Rate

Of 92 borrowers who entered repayment, 4 (4.3%) defaulted within three years — above the 2.3% national rate.

Default rate
4.3%
+2.0pp vs 2.3% national
Borrowers in repayment
92
Defaulted
4
Measurement window
3 years
Federal CDR standard

Default rate vs national, by cohort

2016
12.9%
2017
13.2%
2018
17.8%
2019
4.3%
2020*
0.0%
This institutionNational rate

* Cohorts 2020 and later read near 0% because the federal COVID-19 payment pause (CARES Act) suspended defaults nationwide. These years reflect a national policy, not institutional performance; the 2019 cohort is the last measured under normal repayment.

Source: U.S. Dept. of Education

Academic programs at Nova Academy of Cosmetology

Top program areas ranked by completions.

IPEDS
Distinct CIP programs6
UndergraduateOffered
GraduateOffered

Enrollment trends & demographics

Fall headcount, 12-month unduplicated enrollment, and student body composition.

IPEDS
Fall total
205
12-mo unduplicated
460
Undergraduate
460
Graduate
0

Gender split

Men
2%11
Women
98%449

Race / ethnicity composition

White
74.2%
Two or more
7.8%
Hispanic
7.3%
Black
3.9%
Asian
3.4%
American Indian / Alaska Native
1.9%
Unknown
1.5%

Campus safety & crime statistics

Reported on-campus crimes over the last three years, including violence and hate crimes.

Clery Act
Criminal offenses · per 1,000 students
5.75
1 offenses · 174 students

3-year trend

0.002 yrs ago0.001 yr ago5.75Latest
Offenses · 3-yr
1
Last three years
VAWA · 3-yr
0
DV, dating, stalking
Hate crimes · 3-yr
0
Res-hall fires · 3-yr
0

Criminal offenses by type

Burglary
1

By location

1total
  • On campus1

VAWA offenses

0
Domestic violence
0
Dating violence
0
Stalking
0 total under the Violence Against Women Act.

Hate crimes by bias

No hate crimes reported.

Arrests vs disciplinary referrals

CategoryArrestsReferrals
Weapons00
Drugs00
Liquor00

Residence-hall fires

No residence-hall fires reported.

Source: U.S. Dept. of Education

Student-faculty ratio

Student-to-faculty ratio and instructional staff counts.

IPEDS
Student-to-faculty
19.0:1

Campuses

The 1 campus that make up Nova Academy of Cosmetology.

IPEDS

Frequently asked questions about Nova Academy of Cosmetology

Quick answers to the questions most often asked about Nova Academy of Cosmetology.

What is the graduation rate at Nova Academy of Cosmetology?

Nova Academy of Cosmetology reports a 6-year graduation rate of 77% per the latest IPEDS.

How many students attend Nova Academy of Cosmetology?

Nova Academy of Cosmetology reports a total enrollment of 205 students per the latest IPEDS.

What is the average net price at Nova Academy of Cosmetology?

The average net price at Nova Academy of Cosmetology is $21,473 per the latest College Scorecard. Net price is the published cost of attendance minus grant aid.

Where is Nova Academy of Cosmetology located?

Nova Academy of Cosmetology is located in Rochester, Minnesota 55901.

About the data on this page

Every figure comes from an official federal or public source. Here is each one and the release it is currently on.

IPEDS2025 provisional data (Fall 2025–26 release, July 28, 2026)
Enrollment, completions, graduation rates, tuition, financial aid, staffing, and finance for every U.S. institution in federal student aid programs.
National Center for Education Statistics, U.S. Department of Education
College ScorecardJune 10, 2026 release (merged 2025–26 files)
Institution and field-of-study costs, graduate earnings, debt, completion, and admissions outcomes compiled from federal aid records, tax data, and IPEDS.
U.S. Department of Education
FVT/GE program performanceProvisional preview, May 18, 2026 release
Program-level debt-to-earnings and earnings-premium measures behind the FVT/GE and STATS accountability frameworks.
U.S. Department of Education
DAPIP accreditationContinuously refreshed
Accreditation status for institutions and programs, reported by recognized accrediting agencies.
U.S. Department of Education, Office of Postsecondary Education
Federal Pell Grant volumeAY 2025–26 (through Q3), through March 31, 2026
Pell Grant recipient counts, award amounts, and disbursements by institution and award year.
U.S. Department of Education, Federal Student Aid
Federal student loan volumeAY 2025–26 (through Q3), through March 31, 2026
Federal Direct Loan recipient counts and disbursement volume by institution and award year.
U.S. Department of Education, Federal Student Aid
Cohort Default RatesFY 2022 official rates
Institution-level federal student loan default rates, measuring borrowers who default within three years of entering repayment.
U.S. Department of Education, Federal Student Aid
Equity in Athletics (EADA)Academic year 2024–25
Athletics participation, coaching, revenues, and expenses by sport and gender for Title IV institutions.
U.S. Department of Education, Office of Postsecondary Education
Campus Safety & SecurityData through reporting year 2024
Criminal offenses, arrests, disciplinary actions, VAWA offenses, and fire statistics reported by campus under the Clery Act.
U.S. Department of Education, Office of Postsecondary Education
Last reviewed July 2026All data sources & release dates →

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