Cost of education at Tomorrow’s Image Barber and Beauty Academy of Virginia stays the same for all students in 2022-23 school year

Nirav D. Shah, CDC Principal Deputy Director
Nirav D. Shah, CDC Principal Deputy Director
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The tuition at Tomorrow’s Image Barber And Beauty Academy of Virginia did not change for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $19,085 this year, an increase of $1,950 compared to the $17,135 charged during the 2021-22 academic year.

Approximately 65% of the undergraduate students at the school are Virginia residents, while around 35% come from other states.

Records indicate that all full-time undergraduates who began their studies at Tomorrow’s Image Barber And Beauty Academy of Virginia in 2022-23 received some form of student financial aid. Eighteen students were awarded grants or scholarships totaling $100,032, and 15 students secured student loans exceeding $71,590.

Among all undergraduates, 22 students utilized grants or scholarships amounting to $115,858. Additionally, 15 students borrowed $93,672 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 Tomorrow’s Image Barber And Beauty Academy of Virginia 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 18 100% $100,032 $5,557
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 18 100% $100,032 $5,557
Federal student loans 15 83% $71,590 $4,773
Other student loans 0 0% $0 $0
Student loan aid 15 83% $71,590 $4,773
Total student aid 18 100% $171,622 $9,534

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



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