Cost of education at Lawrence & Company College of Cosmetology stays the same for all students in 2022-23 school year

Jennie Keen Educator
Jennie Keen Educator
0Comments

According to the most recent disclosure, tuition fees at Lawrence & Company College of Cosmetology did not change for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, for-profit institution paid $14,000 this year, an increase of $400 from the $13,600 charged during the 2021-22 academic year.

All undergraduate students at the college are residents of California.

Data indicates that 49% of full-time undergraduates who began studies at Lawrence & Company College of Cosmetology in 2022-23 received some form of financial aid. Specifically, 21 students were awarded grants or scholarships totaling $107,202, while 19 students secured student loans exceeding $122,241.

Across the entire undergraduate body, 40 students received grants or scholarships amounting to $211,136. Additionally, 45 students borrowed $259,420 in federal student loans.

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 Lawrence & Company College of Cosmetology 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 21 45% $107,202 $5,105
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 21 45% $107,202 $5,105
Federal student loans 19 40% $122,241 $6,434
Other student loans 0 0% $0 $0
Student loan aid 19 40% $122,241 $6,434
Total student aid 23 49% $229,443 $9,975

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



Related

California Department of Education

Hanford Joint Union High School District’s dropout rate lower then California average in 2023-24 school year

Hanford Joint Union High School District reported a lower dropout rate than the California average in the 2023-24 school year.

California Department of Education

Reef-Sunset Unified School District’s dropout rate below California average in 2023-24 school year

Reef-Sunset Unified School District reported a lower dropout rate than the California average in the 2023-24 school year.

California Department of Education

Student dropouts in Corcoran Joint Unified School District fall in 2023-24 school year

Corcoran Joint Unified School District reported a higher dropout rate than the California average in the 2023-24 school year.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Kings County Times.