Cost of education at TIGI Hairdressing Academy Guilford stays the same for all students in 2022-23 school year

Gregory Kraushaar, Financial Aid Director - LinkedIn
Gregory Kraushaar, Financial Aid Director - LinkedIn
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According to the most recent disclosure, tuition at the TIGI Hairdressing Academy Guilford did not change for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students were charged $19,250 to attend the private for-profit institution during both the 2021-22 and 2022-23 academic years.

The entire undergraduate student body at the school consists of residents from Connecticut.

Data indicates that 86% of full-time undergraduates who enrolled at TIGI Hairdressing Academy Guilford in 2022-23 received some form of student financial aid. Specifically, six students were awarded grants or scholarships totaling $25,970, while 11 students borrowed over $70,500 in student loans.

Across the entire undergraduate population, 20 students obtained grants or scholarships amounting to $92,246. Additionally, 35 students secured federal student loans totaling $211,011.

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 TIGI Hairdressing Academy Guilford 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 6 43% $25,970 $4,328
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 6 43% $25,970 $4,328
Federal student loans 11 79% $70,500 $6,409
Other student loans 0 0% $0 $0
Student loan aid 11 79% $70,500 $6,409
Total student aid 12 86% $96,470 $8,039

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



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