Elevate Salon Institute

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2023 Average Net Price

$12,991

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

169

88.8% Full-Time

About

Elevate Salon Institute is a higher education institution located in Oakland County, MI. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Elevate Salon Institute were Aesthetician & Skin Care Specialist (111 degrees awarded), Nail Specialist & Manicurist (10 degrees), and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, 152 degrees were awarded across all undergraduate and graduate programs at Elevate Salon Institute. 98.7% of these degrees were awarded to women, and 1.32% awarded men. The most common race/ethnicity group of degree recipients was white (96 degrees), 2.59 times more than then the next closest race/ethnicity group, black or african american (37 degrees).

In 2020 the default rate for borrower's at Elevate Salon Institute was 0%, corresponding to 0 out of the 78 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 $12,991.

In 2023, 33% of undergraduate students attending Elevate Salon Institute received financial aid through grants. Comparatively, 44% of undergraduate students received financial aid through loans.

Average Net Price

$12,991

2023 Value

0.0462%

1 Year Growth

In 2023 Elevate Salon Institute had an average net price — the price paid after factoring in grants and loans — of $12,991. Between 2022 and 2023, the average net price of Elevate Salon Institute grew by 0.0462%.

This chart compares the average net price of Elevate Salon Institute (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

33%

Undergraduates Receiving Financial Aid through Grants

44%

Undergraduates Receiving Financial Aid through Loans

33% of undergraduate students at Elevate Salon Institute received financial aid through grants or loans in 2023. This represents a decline of 17.5% with respect to 2022, when 40% of undergraduate students received financial aid.

This chart compares the average award discount at Elevate Salon Institute (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 Elevate Salon Institute was 0%, which represents 0 out of the 78 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

Elevate Salon Institute had a total enrollment of 169 students in 2023. The full-time enrollment at Elevate Salon Institute is 150 students and the part-time enrollment is 19. This means that 88.8% of students enrolled at Elevate Salon Institute are enrolled full-time.

The enrolled student population at Elevate Salon Institute, both undergraduate and graduate, is 68.6% White, 25.4% Black or African American, 2.37% Asian, 1.78% Native Hawaiian or Other Pacific Islanders, 0.592% Hispanic or Latino, 0.592% American Indian or Alaska Native, and 0.592% Two or More Races.

Students enrolled at Elevate Salon Institute in full-time Undergraduate programs are most commonly White Female (68.3%), followed by Black or African American Female (23.5%) and Asian Female (3.48%).

Full-Time vs Part-Time Enrollment

88.8%

Full-Time Enrollment

The total enrollment at Elevate Salon Institute in 2023, both undergraduate and graduate, is 169 students. The full-time enrollment at Elevate Salon Institute is 150 and the part-time enrollment is 19.

This chart shows the full-time vs part-time enrollment status at Elevate Salon Institute (in red) compares to similar universities.

Retention Rate over Time

96%

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 Elevate Salon Institute was 96%.

This chart shows the retention rate over time at Elevate Salon Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
116 enrolled students
Black or African American
43 enrolled students
Asian
4 enrolled students

The enrolled student population at Elevate Salon Institute is 68.6% White, 25.4% Black or African American, 2.37% Asian, 1.78% Native Hawaiian or Other Pacific Islanders, 0.592% Hispanic or Latino, 0.592% American Indian or Alaska Native, and 0.592% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 148 more women than men received degrees from Elevate Salon Institute. The most common race/ethnicity group of degree recipients at Elevate Salon Institute is white (96 degrees awarded). There were 2.59 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Elevate Salon Institute is Aesthetician & Skin Care Specialist (111 degrees awarded), followed by Nail Specialist & Manicurist (10 degrees) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, the most specialized majors across all degree types at Elevate Salon Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (152 degrees awarded), Education (0 degrees), and Health (0 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 Elevate Salon Institute are Registered nurses (1,492,323 people), Elementary & middle school teachers (1,483,198 people), Secondary school teachers (471,762 people), Education administrators (254,771 people), and Special education teachers (204,535 people).

The most specialized majors at Elevate Salon Institute in 2023 are Personal & Culinary Services (152 degrees awarded), Education (0 degrees), and Health (0 degrees) (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 Elevate Salon Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Elevate Salon Institute are Personal & Culinary Services (152 degrees awarded), Education (0 degrees), and Health (0 degrees) (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 Elevate Salon Institute 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 Elevate Salon Institute are Personal & Culinary Services (152 degrees awarded), Education (0 degrees), and Health (0 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 Elevate Salon Institute.

Most Common (2023)

Aesthetician & Skin Care Specialist
111 degrees awarded
Nail Specialist & Manicurist
10 degrees awarded
Cosmetology, Barber, & Nail Instructor
2 degrees awarded

In 2023, the most common N/A concentration at Elevate Salon Institute was Aesthetician & Skin Care Specialist with 111 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Elevate Salon Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

150

Degrees Awarded to Women

in 2023

In 2023, 2 degrees were awarded to men at Elevate Salon Institute, which is 0.0133 times less than the number of degrees awarded to females (150).

This chart displays the sex disparity between the top 5 majors at Elevate Salon Institute by degrees awarded.

Most Common Male Majors

In 2023, 1 degrees were awarded to men at Elevate Salon Institute in General Cosmetology, which is 0.0357 times less than the 28 female recipients with that same degree.

Most Common Female Majors

In 2023, 110 degrees were awarded to men at Elevate Salon Institute in Aesthetician & Skin Care Specialist, which is 110 times more than the 1 male recipients with that same degree.

Time to Complete

13%

100% Completion Time

78%

150% Completion Time

In 2023, 13% of students graduating from Elevate Salon Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 78% 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)

White
96 degrees awarded
Black or African American
37 degrees awarded
Asian
7 degrees awarded

The most common race/ethnicity at Elevate Salon Institute is white (96 degrees awarded). There were 2.59 times more white recipients than the next closest race/ethnicity group, black or african american (37 degrees).

2.63% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
95 degrees awarded
Black or African American Female
36 degrees awarded
Asian Female
7 degrees awarded

The most common race/ethnicity and sex grouping at Elevate Salon Institute is white female (95 degrees awarded). There were 2.64 times more white female recipients than the next closest race/ethnicity group, black or african american female (36 degrees).

Operations

Salary Expenditure

$856k

2023 Salaries

0.4%

decline from 2022

In 2023, Elevate Salon Institute paid a median of $856k in salaries, a 0.4% decline from the previous year. This is compared to a 31.2% growth between 2021 and 2022, and a 22.6% growth between 2020 and 2021.

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

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