Academy of Cosmetology Inc

www.academycosmetology.com

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2023 Average Net Price

$14,797

After Financial Aid

2020 Default Rate

2.56%

on Student Loans

2023 Enrolled Students

100% Full-Time

2017 Graduation Rate

78.6%

11 Graduates

About

Academy of Cosmetology Inc is a higher education institution located in Gallatin County, MT. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Academy of Cosmetology Inc were General Cosmetology (21 degrees awarded).

In 2023, 21 degrees were awarded across all undergraduate and graduate programs at Academy of Cosmetology Inc. 95.2% of these degrees were awarded to women, and 4.76% awarded men. The most common race/ethnicity group of degree recipients was white (19 degrees), 19 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

In 2020 the default rate for borrower's at Academy of Cosmetology Inc was 2.56%, corresponding to 1 out of the 39 total borrowers.

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 $14,797.

In 2023, 37% of undergraduate students attending Academy of Cosmetology Inc received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$14,797

2023 Value

4.9%

1 Year Growth

In 2023 Academy of Cosmetology Inc had an average net price — the price paid after factoring in grants and loans — of $14,797. Between 2022 and 2023, the average net price of Academy of Cosmetology Inc grew by 4.9%.

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.

Financial Aid by Income Level

37%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

37% of undergraduate students at Academy of Cosmetology Inc received financial aid through grants or loans in 2023. This represents a decline of 22.9% with respect to 2022, when 48% 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.

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.

2.56%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Academy of Cosmetology Inc was 2.56%, which represents 1 out of the 39 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

Academy of Cosmetology Inc had a total enrollment of 35 students in 2023. The full-time enrollment at Academy of Cosmetology Inc is 35 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 91.4% White, 2.86% Hispanic or Latino, 2.86% Two or More Races, and 2.86% Black or African American.

Students enrolled at Academy of Cosmetology Inc in full-time Undergraduate programs are most commonly White Female (87.5%), followed by Black or African American Female (4.17%) and White Male (2.78%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Academy of Cosmetology Inc in 2023, both undergraduate and graduate, is 35 students. The full-time enrollment at Academy of Cosmetology Inc is 35 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.

Retention Rate over Time

94%

2023 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 94%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
32 enrolled students
Hispanic or Latino
1 enrolled students
Two or More Races
1 enrolled students

The enrolled student population at Academy of Cosmetology Inc is 91.4% White, 2.86% Hispanic or Latino, 2.86% Two or More Races, and 2.86% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 19 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 (19 degrees awarded). There were 19 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

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

In 2023, 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

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 Academy of Cosmetology Inc are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Academy of Cosmetology Inc in 2023 are Personal & Culinary Services (21 degrees awarded) (as of 2023).

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 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 2023).

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 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 2023).

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.

General Cosmetology

Most Common (2023)

21 degrees awarded

In 2023, 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.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 1 degrees were awarded to men at Academy of Cosmetology Inc, which is 0.05 times less than the number of degrees awarded to females (20).

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

Most Common Male Majors

In 2023, 1 degrees were awarded to men at Academy of Cosmetology Inc in General Cosmetology, which is 0.05 times less than the 20 female recipients with that same degree.

Most Common Female Majors

In 2023, 20 degrees were awarded to men at Academy of Cosmetology Inc in General Cosmetology, which is 20 times more than the 1 male recipients with that same degree.

Time to Complete

77%

100% Completion Time

77%

150% Completion Time

In 2023, 77% 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, 77% completed their degrees within 150% of the normal time, and 77% 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.

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 , Non-resident Alien Male students have the highest graduation rate (65.7%).

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 (2023)

White
19 degrees awarded
Hispanic or Latino
1 degrees awarded
Black or African American
1 degrees awarded

The most common race/ethnicity at Academy of Cosmetology Inc is white (19 degrees awarded). There were 19 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
18 degrees awarded
Black or African American Female
1 degrees awarded
White Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Academy of Cosmetology Inc is white female (18 degrees awarded). There were 18 times more white female recipients than the next closest race/ethnicity group, black or african american female (1 degrees).

Operations

Salary Expenditure

$156k

2023 Salaries

1.44%

growth from 2022

In 2023, Academy of Cosmetology Inc paid a median of $156k in salaries, a 1.44% growth from the previous year. This is compared to a 11.3% growth between 2021 and 2022, and a 1.67% growth between 2020 and 2021.

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

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