Students of a local beauty school find themselves the losers in a standoff between school administrators and the department of education. Financial aid has been suspended for all 37 Marinello Schools of Cosmetology in California, including the one in Redding, after unspecified allegations of fraud. The school was located on North Market Street for many years before moving to the downtown promenade. There's also a location in Chico. On its website Marinello says they'll hold meetings next week to issue transcripts to students and guidance on how to complete their education.