Academy of Cosmetology Inc

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2022 Average Net Price
$14,106
After Financial Aid
2019 Default Rate
2.44%
on Student Loans
2022 Enrolled Students
37
100% Full-Time

About

Academy of Cosmetology Inc is a higher education institution located in Gallatin County, MT. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Academy of Cosmetology Inc were General Cosmetology (21 degrees awarded).

In 2021, 22 degrees were awarded across all undergraduate and graduate programs at Academy of Cosmetology Inc. 95.5% of these degrees were awarded to women, and 4.55% awarded men. The most common race/ethnicity group of degree recipients was white (18 degrees), 9 times more than then the next closest race/ethnicity group, two or more races (2 degrees).

Costs

After taking grants and loans into account, the average net price for students is $14,106.

In 2022, 48% of undergraduate students attending Academy of Cosmetology Inc received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Average Net Price

$14,106
2022 Value
16.3%
1 Year Growth

In 2022 Academy of Cosmetology Inc had an average net price — the price paid after factoring in grants and loans — of $14,106. Between 2021 and 2022, the average net price of Academy of Cosmetology Inc grew by 16.3%.

This chart compares the average net price of Academy of Cosmetology Inc (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

48%
Undergraduates Receiving Financial Aid through Grants
61%
Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Academy of Cosmetology Inc received financial aid through grants or loans in 2022. This represents a growth of 11.6% with respect to 2021, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Academy of Cosmetology Inc (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
2.44%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Academy of Cosmetology Inc was 2.44%, which represents 1 out of the 41 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Academy of Cosmetology Inc had a total enrollment of 37 students in 2022. The full-time enrollment at Academy of Cosmetology Inc is 37 students and the part-time enrollment is 0. This means that 100% of students enrolled at Academy of Cosmetology Inc are enrolled full-time.

The enrolled student population at Academy of Cosmetology Inc, both undergraduate and graduate, is 89.2% White, 5.41% Black or African American, 2.7% Hispanic or Latino, and 2.7% American Indian or Alaska Native.

Students enrolled at Academy of Cosmetology Inc in full-time Undergraduate programs are most commonly White Female (86.5%), followed by Black or African American Female (5.41%) and Hispanic or Latino Female (2.7%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Academy of Cosmetology Inc in 2022, both undergraduate and graduate, is 37 students. The full-time enrollment at Academy of Cosmetology Inc is 37 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Academy of Cosmetology Inc (in red) compares to similar universities.

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Retention Rate over Time

95%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Academy of Cosmetology Inc was 95%. Compared with the full-time retention rate at similar (79%), Academy of Cosmetology Inc had a retention rate higher than its peers.

This chart shows the retention rate over time at Academy of Cosmetology Inc (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    33 enrolled students
  2. Black or African American
    2 enrolled students
  3. Hispanic or Latino
    1 enrolled students

The enrolled student population at Academy of Cosmetology Inc is 89.2% White, 5.41% Black or African American, 2.7% Hispanic or Latino, and 2.7% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2021, 20 more women than men received degrees from Academy of Cosmetology Inc. The most common race/ethnicity group of degree recipients at Academy of Cosmetology Inc is white (18 degrees awarded). There were 9 times more white recipients than the next closest race/ethnicity group, two or more races (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Academy of Cosmetology Inc is General Cosmetology (21 degrees awarded).

In 2022,  the most specialized majors across all degree types at Academy of Cosmetology Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (21 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Academy of Cosmetology Inc are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Academy of Cosmetology Inc in 2022 are Personal & Culinary Services (21 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Academy of Cosmetology Inc are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Academy of Cosmetology Inc are Personal & Culinary Services (21 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Academy of Cosmetology Inc are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Academy of Cosmetology Inc are Personal & Culinary Services (21 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Academy of Cosmetology Inc.
Most Common (2022)
21 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Academy of Cosmetology Inc was General Cosmetology with 21 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Academy of Cosmetology Inc according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2021
21
Degrees Awarded to Women
in 2021

In 2021, 1 degrees were awarded to men at Academy of Cosmetology Inc, which is 0.0476 times less than the number of degrees awarded to females (21).

This chart displays the sex disparity between the top 5 majors at Academy of Cosmetology Inc by degrees awarded.

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Most Common Female Majors

In 2022, 21 degrees were awarded to women at Academy of Cosmetology Inc in General Cosmetology. There were no male recipients with the same degree.

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Time to Complete

91%
100% Completion Time
91%
150% Completion Time

In 2022, 91% of students graduating from Academy of Cosmetology Inc completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 91% completed their degrees within 150% of the normal time, and 91% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2017 at Academy of Cosmetology Inc is Female and American Indian or Alaska Native (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    18 degrees awarded
  2. Two or More Races
    2 degrees awarded
  3. Black or African American
    1 degrees awarded

The most common race/ethnicity at Academy of Cosmetology Inc is white (18 degrees awarded). There were 9 times more white recipients than the next closest race/ethnicity group, two or more races (2 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    18 degrees awarded
  2. Two or More Races Female
    2 degrees awarded
  3. Black or African American Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Academy of Cosmetology Inc is white female (18 degrees awarded). There were 9 times more white female recipients than the next closest race/ethnicity group, two or more races female (2 degrees).

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Operations

Salary Expenditure

$154k
2022 Salaries
11.3%
growth from 2021

In 2022, Academy of Cosmetology Inc paid a median of $154k in salaries, a 11.3% growth from the previous year.

The median for similar is 668k (13.2% of overall expenditures).

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