The Salon Professional Academy
2 Year Degrees
Main Campus
Southeast Region
http://littlerockbeautyschool.com/
Average Annual Tuition at The Salon Professional Academy
The latest data we have for The Salon Professional Academy's annual average net costs are from 2021. These costs and and the average Arkansas schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| The Salon Professional Academy | $15,990 | $15,990 | $6,333 | $11,051 |
| AR Average | $7,386 | $7,386 | $10,939 | $13,729 |
As you can see, annual costs at The Salon Professional Academy have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Arkansas as well. Arkansas's' higher education costs rose by 30% in just the last 10 years, ranking as the 34th highest state.
The Salon Professional Academy Financial Assistance
35% of students enrolled at The Salon Professional Academy receive some form of Federal loan assistance. You can view The Salon Professional Academy's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Arkansas’ direct-sold 529 savings program, the GIFT College Investing Plan, is managed by Ascensus College Savings and features age-based and static portfolio options utilizing Vanguard mutual funds. An advisor-sold Arkansas 529 plan, the iShares 529 Plan, was added in 2007 as the first 529 plan to exclusively feature exchange-traded funds (ETF).
| State Plan Name: | GIFT College Investing Plan |
|---|---|
| Minimum Contribution: | $25 |
| Maximum Contribution: | Up to $366,000 in total account balances in a single beneficiary’s name; earnings continue to accrue. |
| Fees: | 0.39% to 0.53% asset management fee; non-residents pay a $20 annual account maintenance fee, unless the beneficiary lives in Arizona. |
Arkansas School Statistics
We've analyzed all other higher education schools in AR, and wrapped it up nicely into a report for you. View our AR analysis report.
There are 30 other accredited private schools located in the state of Arkansas. You can view all AR schools here.