David French, French Academy of Cosmetology Director of Operations | French Academy of Cosmetology
David French, French Academy of Cosmetology Director of Operations | French Academy of Cosmetology
Data shows that students paid $17,950 on average to attend higher education courses at the time, $606 more than the previous school year.
Among the four institutions in the county, Hope College stood out with the highest tuition fees, reaching an average of $38,370. The Salon Professional Academy of Holland followed with an average of $18,715 per year. French Academy of Cosmetology students were offered the lowest annual tuition fees at $4,822.
At the time, a total of $51.6 million in grants or scholarships were awarded to full-time undergraduates who started at the Ottawa County universities in the 2022-23 school year. Additionally, federal student loans reached $17.4 million.
Currently there are four higher education institutions in Ottawa County, including Hope College, Grand Valley State University, and The Salon Professional Academy of Holland.
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.
| Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
|---|---|---|---|---|---|---|
| Grand Valley State University | 3,322 | $29,650,489 | $8,925 | 1,964 | $13,488,026 | $6,868 |
| The Salon Professional Academy of Holland | 6 | $30,870 | $5,145 | 19 | $193,386 | $10,178 |
| Hope College | 926 | $21,883,916 | $23,633 | 436 | $3,695,738 | $8,476 |
| French Academy of Cosmetology | 0 | $0 | $0 | 7 | $27,558 | $3,937 |
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