For the 2022-23 school year, tuition at the Skin Science Institute rose by 2.1%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $14,750 this year, which is $200 less than the $14,950 tuition charged during the 2021-22 academic year.
Approximately 86% of the undergraduate student body at the Skin Science Institute are residents of Utah, while the remaining 14% come from other states.
Data indicates that 75% of full-time undergraduates who began studies at the Skin Science Institute in 2022-23 received some form of financial aid. Specifically, 33 students were awarded grants or scholarships totaling $125,000, and 26 students took out loans exceeding $250,000.
Across all undergraduate students, 50 individuals received grants or scholarships amounting to $557,000. Additionally, 50 students borrowed a total of $258,904 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.
The following data includes only full-time students who began an undergraduate program at the the Skin Science Institute 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 | 33 | 55% | $120,000 | $3,636 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 5 | 8% | $5,000 | $1,000 |
| Grant or scholarship aid total | 33 | 55% | $125,000 | $3,788 |
| Federal student loans | 26 | 43% | $250,000 | $9,615 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 26 | 43% | $250,000 | $9,615 |
| Total student aid | 45 | 75% | $375,000 | $8,333 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
