Studio Academy of Beauty

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2023 Average Net Price
$19,047
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
668
77.7% Full-Time

About

Studio Academy of Beauty is a higher education institution located in Maricopa County, AZ. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Studio Academy of Beauty were Aesthetician & Skin Care Specialist (521 degrees awarded).

In 2023, 645 degrees were awarded across all undergraduate and graduate programs at Studio Academy of Beauty. 99.1% of these degrees were awarded to women, and 0.93% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (320 degrees), 2.13 times more than then the next closest race/ethnicity group, white (150 degrees).

In 2020 the default rate for borrower's at Studio Academy of Beauty was 0%, corresponding to 0 out of the 621 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $19,047.

In 2023, 76% of undergraduate students attending Studio Academy of Beauty received financial aid through grants. Comparatively, 77% of undergraduate students received financial aid through loans.

Average Net Price

$19,047
2023 Value
6.22%
1 Year Growth

In 2023 Studio Academy of Beauty had an average net price — the price paid after factoring in grants and loans — of $19,047. Between 2022 and 2023, the average net price of Studio Academy of Beauty grew by 6.22%.

This chart compares the average net price of Studio Academy of Beauty (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.

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Financial Aid by Income Level

76%
Undergraduates Receiving Financial Aid through Grants
77%
Undergraduates Receiving Financial Aid through Loans

76% of undergraduate students at Studio Academy of Beauty received financial aid through grants or loans in 2023. This represents a growth of 22.6% with respect to 2022, when 62% of undergraduate students received financial aid.

This chart compares the average award discount at Studio Academy of Beauty (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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Studio Academy of Beauty was 0%, which represents 0 out of the 621 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.

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Enrollment

Studio Academy of Beauty had a total enrollment of 668 students in 2023. The full-time enrollment at Studio Academy of Beauty is 519 students and the part-time enrollment is 149. This means that 77.7% of students enrolled at Studio Academy of Beauty are enrolled full-time.

The enrolled student population at Studio Academy of Beauty, both undergraduate and graduate, is 46.1% Hispanic or Latino, 27.4% White, 12% Two or More Races, 11.1% Black or African American, 1.35% American Indian or Alaska Native, 1.2% Asian, and 0.15% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Studio Academy of Beauty in full-time Undergraduate programs are most commonly Hispanic or Latino Female (45.3%), followed by White Female (26.5%) and Black or African American Female (12.1%).

Full-Time vs Part-Time Enrollment

77.7%
Full-Time Enrollment

The total enrollment at Studio Academy of Beauty in 2023, both undergraduate and graduate, is 668 students. The full-time enrollment at Studio Academy of Beauty is 519 and the part-time enrollment is 149.

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

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Retention Rate over Time

77%
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 Studio Academy of Beauty was 77%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    308 enrolled students
  2. White
    183 enrolled students
  3. Two or More Races
    80 enrolled students

The enrolled student population at Studio Academy of Beauty is 46.1% Hispanic or Latino, 27.4% White, 12% Two or More Races, 11.1% Black or African American, 1.35% American Indian or Alaska Native, 1.2% Asian, and 0.15% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 633 more women than men received degrees from Studio Academy of Beauty. The most common race/ethnicity group of degree recipients at Studio Academy of Beauty is hispanic or latino (320 degrees awarded). There were 2.13 times more hispanic or latino recipients than the next closest race/ethnicity group, white (150 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Studio Academy of Beauty is Aesthetician & Skin Care Specialist (521 degrees awarded).

In 2023,  the most specialized majors across all degree types at Studio Academy of Beauty, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (645 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Studio Academy of Beauty 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 Studio Academy of Beauty in 2023 are Personal & Culinary Services (645 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Studio Academy of Beauty are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Studio Academy of Beauty are Personal & Culinary Services (645 degrees awarded) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Studio Academy of Beauty 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 Studio Academy of Beauty are Personal & Culinary Services (645 degrees awarded) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Studio Academy of Beauty.
Most Common (2023)
521 degrees awarded

In 2023, the most common N/A concentration at Studio Academy of Beauty was Aesthetician & Skin Care Specialist with 521 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Studio Academy of Beauty according to their major.

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Sex Breakdown for Common Majors

6
Degrees Awarded to Men
in 2023
639
Degrees Awarded to Women
in 2023

In 2023, 6 degrees were awarded to men at Studio Academy of Beauty, which is 0.00939 times less than the number of degrees awarded to females (639).

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

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Most Common Male Majors

In 2023, 3 degrees were awarded to men at Studio Academy of Beauty in General Cosmetology, which is 0.0326 times less than the 92 female recipients with that same degree.

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Most Common Female Majors

In 2023, 519 degrees were awarded to men at Studio Academy of Beauty in Aesthetician & Skin Care Specialist, which is 260 times more than the 2 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
72%
150% Completion Time

In 2023, 47% of students graduating from Studio Academy of Beauty completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    320 degrees awarded
  2. White
    150 degrees awarded
  3. Black or African American
    83 degrees awarded

The most common race/ethnicity at Studio Academy of Beauty is hispanic or latino (320 degrees awarded). There were 2.13 times more hispanic or latino recipients than the next closest race/ethnicity group, white (150 degrees).

2.48% of degree recipients (16 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    319 degrees awarded
  2. White Female
    149 degrees awarded
  3. Black or African American Female
    81 degrees awarded

The most common race/ethnicity and sex grouping at Studio Academy of Beauty is hispanic or latino female (319 degrees awarded). There were 2.14 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (149 degrees).

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Operations

Salary Expenditure

$3.87M
2023 Salaries
10.3%
growth from 2022

In 2023, Studio Academy of Beauty paid a median of $3.87M in salaries, a 10.3% growth from the previous year. This is compared to a 9.08% growth between 2021 and 2022, and a 15.6% growth between 2020 and 2021.

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

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