The Salon Professional Academy-Evansville

www.tspaevansville.com

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2023 Average Net Price

$11,731

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

169

64.5% Full-Time

About

The Salon Professional Academy-Evansville is a higher education institution located in Vanderburgh County, IN. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at The Salon Professional Academy-Evansville were General Cosmetology (59 degrees awarded).

In 2023, 119 degrees were awarded across all undergraduate and graduate programs at The Salon Professional Academy-Evansville. 97.5% of these degrees were awarded to women, and 2.52% awarded men. The most common race/ethnicity group of degree recipients was white (98 degrees), 9.8 times more than then the next closest race/ethnicity group, black or african american (10 degrees).

In 2020 the default rate for borrower's at The Salon Professional Academy-Evansville was 0%, corresponding to 0 out of the 110 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 $11,731.

In 2023, 49% of undergraduate students attending The Salon Professional Academy-Evansville received financial aid through grants. Comparatively, 51% of undergraduate students received financial aid through loans.

Average Net Price

$11,731

2023 Value

9.47%

1 Year Growth

In 2023 The Salon Professional Academy-Evansville had an average net price — the price paid after factoring in grants and loans — of $11,731. Between 2022 and 2023, the average net price of The Salon Professional Academy-Evansville grew by 9.47%.

This chart compares the average net price of The Salon Professional Academy-Evansville (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

49%

Undergraduates Receiving Financial Aid through Grants

51%

Undergraduates Receiving Financial Aid through Loans

49% of undergraduate students at The Salon Professional Academy-Evansville received financial aid through grants or loans in 2023. This represents a growth of 14% with respect to 2022, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at The Salon Professional Academy-Evansville (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 Salon Professional Academy-Evansville was 0%, which represents 0 out of the 110 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 Salon Professional Academy-Evansville had a total enrollment of 169 students in 2023. The full-time enrollment at The Salon Professional Academy-Evansville is 109 students and the part-time enrollment is 60. This means that 64.5% of students enrolled at The Salon Professional Academy-Evansville are enrolled full-time.

The enrolled student population at The Salon Professional Academy-Evansville, both undergraduate and graduate, is 88.8% White, 4.14% Hispanic or Latino, 3.55% Two or More Races, 2.37% Black or African American, and 1.18% Asian.

Students enrolled at The Salon Professional Academy-Evansville in full-time Undergraduate programs are most commonly White Female (82.1%), followed by Black or African American Female (6.28%) and White Male (4.35%).

Full-Time vs Part-Time Enrollment

64.5%

Full-Time Enrollment

The total enrollment at The Salon Professional Academy-Evansville in 2023, both undergraduate and graduate, is 169 students. The full-time enrollment at The Salon Professional Academy-Evansville is 109 and the part-time enrollment is 60.

This chart shows the full-time vs part-time enrollment status at The Salon Professional Academy-Evansville (in red) compares to similar universities.

Retention Rate over Time

89%

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 Salon Professional Academy-Evansville was 89%.

This chart shows the retention rate over time at The Salon Professional Academy-Evansville (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
150 enrolled students
Hispanic or Latino
7 enrolled students
Two or More Races
6 enrolled students

The enrolled student population at The Salon Professional Academy-Evansville is 88.8% White, 4.14% Hispanic or Latino, 3.55% Two or More Races, 2.37% Black or African American, and 1.18% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 113 more women than men received degrees from The Salon Professional Academy-Evansville. The most common race/ethnicity group of degree recipients at The Salon Professional Academy-Evansville is white (98 degrees awarded). There were 9.8 times more white recipients than the next closest race/ethnicity group, black or african american (10 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at The Salon Professional Academy-Evansville is General Cosmetology (59 degrees awarded).

In 2023, the most specialized majors across all degree types at The Salon Professional Academy-Evansville, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (119 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 The Salon Professional Academy-Evansville 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 The Salon Professional Academy-Evansville in 2023 are Personal & Culinary Services (119 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 The Salon Professional Academy-Evansville are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at The Salon Professional Academy-Evansville are Personal & Culinary Services (119 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 The Salon Professional Academy-Evansville 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 The Salon Professional Academy-Evansville are Personal & Culinary Services (119 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 The Salon Professional Academy-Evansville.

Most Common (2023)

Aesthetician & Skin Care Specialist
45 degrees awarded
Nail Specialist & Manicurist
15 degrees awarded

In 2023, the most common N/A concentration at The Salon Professional Academy-Evansville was Aesthetician & Skin Care Specialist with 45 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at The Salon Professional Academy-Evansville according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

116

Degrees Awarded to Women

in 2023

In 2023, 3 degrees were awarded to men at The Salon Professional Academy-Evansville, which is 0.0259 times less than the number of degrees awarded to females (116).

This chart displays the sex disparity between the top 5 majors at The Salon Professional Academy-Evansville by degrees awarded.

Most Common Male Majors

In 2023, 3 degrees were awarded to men at The Salon Professional Academy-Evansville in General Cosmetology, which is 0.0536 times less than the 56 female recipients with that same degree.

Most Common Female Majors

In 2023, 56 degrees were awarded to men at The Salon Professional Academy-Evansville in General Cosmetology, which is 18.7 times more than the 3 male recipients with that same degree.

Time to Complete

23%

100% Completion Time

71%

150% Completion Time

In 2023, 23% of students graduating from The Salon Professional Academy-Evansville completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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
98 degrees awarded
Black or African American
10 degrees awarded
Hispanic or Latino
7 degrees awarded

The most common race/ethnicity at The Salon Professional Academy-Evansville is white (98 degrees awarded). There were 9.8 times more white recipients than the next closest race/ethnicity group, black or african american (10 degrees).

0% of degree recipients (0 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
10 degrees awarded
Hispanic or Latino Female
7 degrees awarded

The most common race/ethnicity and sex grouping at The Salon Professional Academy-Evansville is white female (95 degrees awarded). There were 9.5 times more white female recipients than the next closest race/ethnicity group, black or african american female (10 degrees).

Operations

Salary Expenditure

$569k

2023 Salaries

5.91%

decline from 2022

In 2023, The Salon Professional Academy-Evansville paid a median of $569k in salaries, a 5.91% decline from the previous year. This is compared to a 3.1% growth between 2021 and 2022, and a 14.2% growth between 2020 and 2021.

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

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