The Institute of Beauty and Wellness

www.ibw.edu

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2023 Average Net Price

$10,488

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

207

34.3% Full-Time

2017 Graduation Rate

72.6%

61 Graduates

About

The Institute of Beauty and Wellness is a higher education institution located in Milwaukee County, WI. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at The Institute of Beauty and Wellness were Aesthetician & Skin Care Specialist (103 degrees awarded), Nail Specialist & Manicurist (35 degrees), and Massage Therapy (15 degrees).

In 2023, 227 degrees were awarded across all undergraduate and graduate programs at The Institute of Beauty and Wellness. 94.3% of these degrees were awarded to women, and 5.73% awarded men. The most common race/ethnicity group of degree recipients was white (111 degrees), 2.18 times more than then the next closest race/ethnicity group, black or african american (51 degrees).

In 2020 the default rate for borrower's at The Institute of Beauty and Wellness was 0%, corresponding to 0 out of the 237 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 $10,488.

In 2023, 52% of undergraduate students attending The Institute of Beauty and Wellness received financial aid through grants. Comparatively, 77% of undergraduate students received financial aid through loans.

Average Net Price

$10,488

2023 Value

5.67%

1 Year Growth

In 2023 The Institute of Beauty and Wellness had an average net price — the price paid after factoring in grants and loans — of $10,488. Between 2022 and 2023, the average net price of The Institute of Beauty and Wellness grew by 5.67%.

This chart compares the average net price of The Institute of Beauty and Wellness (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

52%

Undergraduates Receiving Financial Aid through Grants

77%

Undergraduates Receiving Financial Aid through Loans

52% of undergraduate students at The Institute of Beauty and Wellness received financial aid through grants or loans in 2023. This represents a growth of 10.6% with respect to 2022, when 47% of undergraduate students received financial aid.

This chart compares the average award discount at The Institute of Beauty and Wellness (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 The Institute of Beauty and Wellness was 0%, which represents 0 out of the 237 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

The Institute of Beauty and Wellness had a total enrollment of 207 students in 2023. The full-time enrollment at The Institute of Beauty and Wellness is 71 students and the part-time enrollment is 136. This means that 34.3% of students enrolled at The Institute of Beauty and Wellness are enrolled full-time.

The enrolled student population at The Institute of Beauty and Wellness, both undergraduate and graduate, is 49.8% White, 22.2% Black or African American, 20.3% Hispanic or Latino, 3.38% Two or More Races, 2.42% Asian, and 0.966% American Indian or Alaska Native.

Students enrolled at The Institute of Beauty and Wellness in full-time Undergraduate programs are most commonly White Female (53.9%), followed by Black or African American Female (20.4%) and Hispanic or Latino Female (15.8%).

Full-Time vs Part-Time Enrollment

34.3%

Full-Time Enrollment

The total enrollment at The Institute of Beauty and Wellness in 2023, both undergraduate and graduate, is 207 students. The full-time enrollment at The Institute of Beauty and Wellness is 71 and the part-time enrollment is 136.

This chart shows the full-time vs part-time enrollment status at The Institute of Beauty and Wellness (in red) compares to similar universities.

Retention Rate over Time

93%

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 The Institute of Beauty and Wellness was 93%.

This chart shows the retention rate over time at The Institute of Beauty and Wellness (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
103 enrolled students
Black or African American
46 enrolled students
Hispanic or Latino
42 enrolled students

The enrolled student population at The Institute of Beauty and Wellness is 49.8% White, 22.2% Black or African American, 20.3% Hispanic or Latino, 3.38% Two or More Races, 2.42% Asian, and 0.966% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 201 more women than men received degrees from The Institute of Beauty and Wellness. The most common race/ethnicity group of degree recipients at The Institute of Beauty and Wellness is white (111 degrees awarded). There were 2.18 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at The Institute of Beauty and Wellness is Aesthetician & Skin Care Specialist (103 degrees awarded), followed by Nail Specialist & Manicurist (35 degrees) and Massage Therapy (15 degrees).

In 2023, the most specialized majors across all degree types at The Institute of Beauty and Wellness, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (201 degrees awarded) and Health (26 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The Institute of Beauty and Wellness are Registered nurses (1,452,593 people), Medical & health services managers (156,374 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at The Institute of Beauty and Wellness in 2023 are Personal & Culinary Services (201 degrees awarded) and Health (26 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The Institute of Beauty and Wellness are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at The Institute of Beauty and Wellness are Personal & Culinary Services (201 degrees awarded) and Health (26 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at The Institute of Beauty and Wellness are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at The Institute of Beauty and Wellness are Personal & Culinary Services (201 degrees awarded) and Health (26 degrees) (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 The Institute of Beauty and Wellness.

Most Common (2023)

Aesthetician & Skin Care Specialist
103 degrees awarded
Nail Specialist & Manicurist
35 degrees awarded
Massage Therapy
15 degrees awarded

In 2023, the most common N/A concentration at The Institute of Beauty and Wellness was Aesthetician & Skin Care Specialist with 103 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at The Institute of Beauty and Wellness according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

214

Degrees Awarded to Women

in 2023

In 2023, 13 degrees were awarded to men at The Institute of Beauty and Wellness, which is 0.0607 times less than the number of degrees awarded to females (214).

This chart displays the sex disparity between the top 5 majors at The Institute of Beauty and Wellness by degrees awarded.

Most Common Male Majors

In 2023, 7 degrees were awarded to men at The Institute of Beauty and Wellness in Barbering, which is 7 times more than the 1 female recipients with that same degree.

Most Common Female Majors

In 2023, 102 degrees were awarded to men at The Institute of Beauty and Wellness in Aesthetician & Skin Care Specialist, which is 102 times more than the 1 male recipients with that same degree.

Time to Complete

100% Completion Time

84%

150% Completion Time

In 2023, 7% of students graduating from The Institute of Beauty and Wellness completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 84% 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2017 at The Institute of Beauty and Wellness is Female and Asian (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
111 degrees awarded
Black or African American
51 degrees awarded
Hispanic or Latino
42 degrees awarded

The most common race/ethnicity at The Institute of Beauty and Wellness is white (111 degrees awarded). There were 2.18 times more white recipients than the next closest race/ethnicity group, black or african american (51 degrees).

0.441% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
105 degrees awarded
Black or African American Female
50 degrees awarded
Hispanic or Latino Female
39 degrees awarded

The most common race/ethnicity and sex grouping at The Institute of Beauty and Wellness is white female (105 degrees awarded). There were 2.1 times more white female recipients than the next closest race/ethnicity group, black or african american female (50 degrees).

Operations

Salary Expenditure

$1.91M

2023 Salaries

8.15%

growth from 2022

In 2023, The Institute of Beauty and Wellness paid a median of $1.91M in salaries, a 8.15% growth from the previous year. This is compared to a 26% growth between 2021 and 2022, and a 3.56% decline between 2020 and 2021.

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

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