New Beginning College of Cosmetology

www.nbccosmetology.com

2024 Average Net Price

$14,347

After Financial Aid

2023 Default Rate

4.26%

on Student Loans

2024 Enrolled Students

100% Full-Time

Costs

After taking grants and loans into account, the average net price for students is $14,347.

In 2024, 78% of undergraduate students attending New Beginning College of Cosmetology received financial aid through grants. Comparatively, 72% of undergraduate students received financial aid through loans.

Average Net Price

$14,347

2024 Value

9.83%

1 Year Growth

In 2024 New Beginning College of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $14,347. Between 2023 and 2024, the average net price of New Beginning College of Cosmetology grew by 9.83%.

This chart compares the average net price of New Beginning College of Cosmetology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

78%

Undergraduates Receiving Financial Aid through Grants

72%

Undergraduates Receiving Financial Aid through Loans

78% of undergraduate students at New Beginning College of Cosmetology received financial aid through grants or loans in 2024. This represents a growth of 59.2% with respect to 2023, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at New Beginning College of Cosmetology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

4.26%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at New Beginning College of Cosmetology was 4.26%, which represents 2 out of the 47 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Graduates

In 2024, 54 more women than men received degrees from New Beginning College of Cosmetology. The most common race/ethnicity group of degree recipients at New Beginning College of Cosmetology is white (43 degrees awarded). There were 4.78 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at New Beginning College of Cosmetology is General Cosmetology (37 degrees awarded), followed by Aesthetician & Skin Care Specialist (17 degrees).

In 2024, the most specialized majors across all degree types at New Beginning College of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (54 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New Beginning College of Cosmetology are Chefs & head cooks (8,029 people), Morticians, undertakers, & funeral directors (2,563 people), Cooks (2,527 people), Food service managers (2,129 people), and Other managers (1,234 people).

The most specialized majors at New Beginning College of Cosmetology in 2024 are Personal & Culinary Services (54 degrees awarded) (as of 2024).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New Beginning College of Cosmetology are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

The most specialized majors at New Beginning College of Cosmetology are Personal & Culinary Services (54 degrees awarded) (as of 2024).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at New Beginning College of Cosmetology are Restaurants & Food Services (10,067 people), Funeral homes, & cemeteries & crematories (2,964 people), Elementary & secondary schools (2,291 people), Traveler accommodation (1,906 people), and Construction (1,185 people).

The most specialized majors at New Beginning College of Cosmetology are Personal & Culinary Services (54 degrees awarded) (as of 2024).

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2024

Degrees Awarded to Women

in 2024

In 2024, 0 degrees were awarded to men at New Beginning College of Cosmetology, which is 0 times less than the number of degrees awarded to females (54).

This chart displays the sex disparity between the top 5 majors at New Beginning College of Cosmetology by degrees awarded.

Most Common Female Majors

In 2024, 37 degrees were awarded to women at New Beginning College of Cosmetology in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

100% Completion Time

56%

150% Completion Time

In 2024, 3% of students graduating from New Beginning College of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
43 degrees awarded
Hispanic or Latino
9 degrees awarded
Black or African American
2 degrees awarded

The most common race/ethnicity at New Beginning College of Cosmetology is white (43 degrees awarded). There were 4.78 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
118 degrees awarded
White Female
61 degrees awarded
White Female
56 degrees awarded

The most common race/ethnicity and sex grouping at New Beginning College of Cosmetology is white female (118 degrees awarded). There were 1.93 times more white female recipients than the next closest race/ethnicity group, white female (61 degrees).

New Beginning College of Cosmetology

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New Beginning College of Cosmetology

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About

Costs

Average Net Price

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Sex Breakdown for Common Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

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