Does this school offer financial aid like Pell Grants?

Yes, financial aid is common here. Reported data shows that 66.7% of students receive Pell Grants.

What is the completion rate for this program?

The completion rate is reported as 47.8%, indicating that slightly less than half of students finish their training.

How many students attend this school?

There are currently 81 students enrolled, which means you would be in a very small class environment.

Is this school public or private?

It is a private for-profit school that mainly awards certificates rather than degrees.

How does student debt compare to the cost of attendance?

The median student debt at completion is $9,500, while the average annual net price after aid is $14,347.

Home › Alabama › Cosmetology schools › New Beginning College of Cosmetology

New Beginning College of Cosmetology

Albertville, Alabama · private for-profit · mainly awards certificates · 81 students · CosmetologyBarbering

Avg net price / yr

$14,347

cheaper than 55% of comparable schools

Completion rate

47.8%

Median debt at completion

$9,500

Median earnings (10 yrs after entry)

not reported

About

New Beginning College of Cosmetology in Albertville, AL is a private for-profit school that mainly awards certificates in cosmetology and related personal grooming services. The institution serves a small cohort of 81 students and relies heavily on financial aid, with two-thirds of its student body receiving Pell Grants.

What to know

The average annual net price after aid is $14,347, which leads to a median student debt of $9,500 for those who complete the program. The reported completion rate is 47.8%, meaning roughly half of enrolled students finish their training. Typical earnings ten years after entry are not reported in the available federal data.

Net price is 19% above the Alabama median ($12,018) for schools offering these programs.

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Programs & what graduates earn

Program	Credential	Median earnings 2 yrs after completion
Cosmetology and Related Personal Grooming Services	undergraduate certificate	not reported

Questions students ask

Does this school offer financial aid like Pell Grants?: Yes, financial aid is common here. Reported data shows that 66.7% of students receive Pell Grants.
What is the completion rate for this program?: The completion rate is reported as 47.8%, indicating that slightly less than half of students finish their training.
How many students attend this school?: There are currently 81 students enrolled, which means you would be in a very small class environment.
Is this school public or private?: It is a private for-profit school that mainly awards certificates rather than degrees.
How does student debt compare to the cost of attendance?: The median student debt at completion is $9,500, while the average annual net price after aid is $14,347.

Other options in Alabama

School	City	Net price / yr	Completion	Earnings (10 yr)
Central Alabama Community College	Alexander City	$15,996	27.6%	$33,506
Coastal Alabama Community College	Bay Minette	$13,644	24.1%	$34,894
Gadsden State Community College	Gadsden	$3,515	31.2%	$32,937
George C Wallace Community College-Dothan	Dothan	$1,170	36.5%	$31,399
George C Wallace State Community College-Hanceville	Hanceville	$13,170	44.4%	$39,842
George C Wallace State Community College-Selma	Selma	$9,272	30.4%	$31,598

Data: U.S. Department of Education College Scorecard (most recent release, pulled July 2026), school ID 101277. Figures are federally reported medians and may lag current prices. "Not reported" means the federal dataset suppresses or lacks the value — often due to small cohort sizes. How we compute comparisons. This site is independent and not affiliated with any government agency or school.