Hair Academy II

hairacademy2.com

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2023 Average Net Price

$22,667

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

230

61.3% Full-Time

About

Hair Academy II is a higher education institution located in Prince George's County, MD. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Hair Academy II were Aesthetician & Skin Care Specialist (46 degrees awarded).

In 2023, 110 degrees were awarded across all undergraduate and graduate programs at Hair Academy II. 72.7% of these degrees were awarded to women, and 27.3% awarded men. The most common race/ethnicity group of degree recipients was black or african american (109 degrees), 109 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

In 2020 the default rate for borrower's at Hair Academy II was 0%, corresponding to 0 out of the 198 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 $22,667.

In 2023, 41% of undergraduate students attending Hair Academy II received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Average Net Price

$22,667

2023 Value

1.19%

1 Year Growth

In 2023 Hair Academy II had an average net price — the price paid after factoring in grants and loans — of $22,667. Between 2022 and 2023, the average net price of Hair Academy II grew by 1.19%.

This chart compares the average net price of Hair Academy II (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

41%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

41% of undergraduate students at Hair Academy II received financial aid through grants or loans in 2023. This represents a growth of 2.5% with respect to 2022, when 40% of undergraduate students received financial aid.

This chart compares the average award discount at Hair Academy II (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Hair Academy II was 0%, which represents 0 out of the 198 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

Hair Academy II had a total enrollment of 230 students in 2023. The full-time enrollment at Hair Academy II is 141 students and the part-time enrollment is 89. This means that 61.3% of students enrolled at Hair Academy II are enrolled full-time.

The enrolled student population at Hair Academy II, both undergraduate and graduate, is 98.7% Black or African American, 0.87% Hispanic or Latino, and 0.435% White.

Students enrolled at Hair Academy II in full-time Undergraduate programs are most commonly Black or African American Female (55%), followed by Black or African American Male (43.9%) and Hispanic or Latino Male (0.382%).

Full-Time vs Part-Time Enrollment

61.3%

Full-Time Enrollment

The total enrollment at Hair Academy II in 2023, both undergraduate and graduate, is 230 students. The full-time enrollment at Hair Academy II is 141 and the part-time enrollment is 89.

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

Retention Rate over Time

51%

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 Hair Academy II was 51%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
227 enrolled students
Hispanic or Latino
2 enrolled students
White
1 enrolled students

The enrolled student population at Hair Academy II is 98.7% Black or African American, 0.87% Hispanic or Latino, and 0.435% White. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 50 more women than men received degrees from Hair Academy II. The most common race/ethnicity group of degree recipients at Hair Academy II is black or african american (109 degrees awarded). There were 109 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Hair Academy II is Aesthetician & Skin Care Specialist (46 degrees awarded).

In 2023, the most specialized majors across all degree types at Hair Academy II, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (110 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 Hair Academy II 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 Hair Academy II in 2023 are Personal & Culinary Services (110 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 Hair Academy II are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Hair Academy II are Personal & Culinary Services (110 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 Hair Academy II 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 Hair Academy II are Personal & Culinary Services (110 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 Hair Academy II.

Most Common (2023)

Barbering
37 degrees awarded
General Cosmetology
27 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Hair Academy II was Barbering with 37 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 30 degrees were awarded to men at Hair Academy II, which is 0.375 times less than the number of degrees awarded to females (80).

This chart displays the sex disparity between the top 5 majors at Hair Academy II by degrees awarded.

Most Common Male Majors

In 2023, 29 degrees were awarded to men at Hair Academy II in Barbering, which is 3.63 times more than the 8 female recipients with that same degree.

Most Common Female Majors

In 2023, 45 degrees were awarded to men at Hair Academy II in Aesthetician & Skin Care Specialist, which is 45 times more than the 1 male recipients with that same degree.

Time to Complete

100% Completion Time

51%

150% Completion Time

In 2023, 4% of students graduating from Hair Academy II completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 51% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Black or African American
109 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Hair Academy II is black or african american (109 degrees awarded). There were 109 times more black or african american 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)

Black or African American Female
79 degrees awarded
Black or African American Male
30 degrees awarded
Hispanic or Latino Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Hair Academy II is black or african american female (79 degrees awarded). There were 2.63 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (30 degrees).

Operations

Salary Expenditure

$913k

2023 Salaries

18.3%

decline from 2022

In 2023, Hair Academy II paid a median of $913k in salaries, a 18.3% decline from the previous year. This is compared to a 113% growth between 2021 and 2022, and a 37.2% decline between 2020 and 2021.

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

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