Faust Institute of Cosmetology-Spirit Lake

www.faustinstitute.com/

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2021 Average Net Price

$6,274

After Financial Aid

2019 Student Loan

7.14%

Default Rate

2021 Enrolled Students

100% Full-Time

2021 Graduation Rate

66.7%

2 Graduates

About

Faust Institute of Cosmetology-Spirit Lake is a higher education institution located in Dickinson County, IA. In 2021, the most popular 2 to 4 Year Postsecondary Certificate concentrations at Faust Institute of Cosmetology-Spirit Lake were General Cosmetology (6 degrees awarded).

In 2021, 8 degrees were awarded across all undergraduate and graduate programs at Faust Institute of Cosmetology-Spirit Lake. 87.5% of these degrees were awarded to women, and 12.5% awarded men. The most common race/ethnicity group of degree recipients was white (6 degrees), 3 times more than then the next closest race/ethnicity group, hispanic or latino (2 degrees).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $6,274.

In 2021, 78% of undergraduate students attending Faust Institute of Cosmetology-Spirit Lake received financial aid through grants. Comparatively, 74% of undergraduate students received financial aid through loans.

Average Net Price

$6,274

2021 Value

5.39%

1 Year Growth

In 2021 Faust Institute of Cosmetology-Spirit Lake had an average net price — the price paid after factoring in grants and loans — of $6,274. Between 2020 and 2021, the average net price of Faust Institute of Cosmetology-Spirit Lake grew by 5.39%.

This chart compares the average net price of Faust Institute of Cosmetology-Spirit Lake (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.

Financial Aid by Income Level

78%

Undergraduates Receiving Financial Aid through Grants

74%

Undergraduates Receiving Financial Aid through Loans

78% of undergraduate students at Faust Institute of Cosmetology-Spirit Lake received financial aid through grants or loans in 2021. This represents a decline of 16.1% with respect to 2020, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Faust Institute of Cosmetology-Spirit Lake (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.

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.

7.14%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Faust Institute of Cosmetology-Spirit Lake was 7.14%, which represents 5 out of the 70 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.

Enrollment

Faust Institute of Cosmetology-Spirit Lake had a total enrollment of 15 students in 2021. The full-time enrollment at Faust Institute of Cosmetology-Spirit Lake is 15 students and the part-time enrollment is 0. This means that 100% of students enrolled at Faust Institute of Cosmetology-Spirit Lake are enrolled full-time.

The enrolled student population at Faust Institute of Cosmetology-Spirit Lake, both undergraduate and graduate, is 73.3% White, 13.3% Black or African American, and 13.3% Hispanic or Latino.

Students enrolled at Faust Institute of Cosmetology-Spirit Lake in full-time Undergraduate programs are most commonly White Female (73.3%), followed by Hispanic or Latino Female (13.3%) and Black or African American Male (6.67%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Faust Institute of Cosmetology-Spirit Lake in 2021, both undergraduate and graduate, is 15 students. The full-time enrollment at Faust Institute of Cosmetology-Spirit Lake is 15 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Faust Institute of Cosmetology-Spirit Lake (in red) compares to similar universities.

Retention Rate over Time

100%

2021 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 Faust Institute of Cosmetology-Spirit Lake was 100%. Compared with the full-time retention rate at similar (77%), Faust Institute of Cosmetology-Spirit Lake had a retention rate higher than its peers.

This chart shows the retention rate over time at Faust Institute of Cosmetology-Spirit Lake (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
11 enrolled students
Black or African American
2 enrolled students
Hispanic or Latino
2 enrolled students

The enrolled student population at Faust Institute of Cosmetology-Spirit Lake is 73.3% White, 13.3% Black or African American, and 13.3% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2021, 6 more women than men received degrees from Faust Institute of Cosmetology-Spirit Lake. The most common race/ethnicity group of degree recipients at Faust Institute of Cosmetology-Spirit Lake is white (6 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at Faust Institute of Cosmetology-Spirit Lake is General Cosmetology (6 degrees awarded).

In 2021, the most specialized majors across all degree types at Faust Institute of Cosmetology-Spirit Lake, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (8 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Faust Institute of Cosmetology-Spirit Lake are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

The most specialized majors at Faust Institute of Cosmetology-Spirit Lake in 2021 are Personal & Culinary Services (8 degrees awarded) (as of 2021).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Faust Institute of Cosmetology-Spirit Lake are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Faust Institute of Cosmetology-Spirit Lake are Personal & Culinary Services (8 degrees awarded) (as of 2021).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Faust Institute of Cosmetology-Spirit Lake are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

The most specialized majors at Faust Institute of Cosmetology-Spirit Lake are Personal & Culinary Services (8 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Faust Institute of Cosmetology-Spirit Lake.

General Cosmetology

Most Common (2021)

6 degree-majors awarded

In 2021, the most common 2 to 4 year postsecondary certificate concentration at Faust Institute of Cosmetology-Spirit Lake was General Cosmetology with 6 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Faust Institute of Cosmetology-Spirit Lake according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 1 degrees were awarded to men at Faust Institute of Cosmetology-Spirit Lake, which is 0.143 times less than the number of degrees awarded to females (7).

This chart displays the sex disparity between the top 5 majors at Faust Institute of Cosmetology-Spirit Lake by degrees awarded.

Most Common Male Majors

In 2021, 1 degrees were awarded to men at Faust Institute of Cosmetology-Spirit Lake in General Cosmetology, which is 0.2 times less than the 5 female recipients with that same degree.

Most Common Female Majors

In 2021, 5 degrees were awarded to men at Faust Institute of Cosmetology-Spirit Lake in General Cosmetology, which is 5 times more than the 1 male recipients with that same degree.

Time to Complete

100% Completion Time

80%

150% Completion Time

In 2021, 0% of students graduating from Faust Institute of Cosmetology-Spirit Lake completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 80% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate in 2021 at Faust Institute of Cosmetology-Spirit Lake is Female and White (66.7% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
6 degrees awarded
Hispanic or Latino
2 degrees awarded

The most common race/ethnicity at Faust Institute of Cosmetology-Spirit Lake is white (6 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
5 degrees awarded
Hispanic or Latino Female
2 degrees awarded
White Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Faust Institute of Cosmetology-Spirit Lake is white female (5 degrees awarded). There were 2.5 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (2 degrees).