Academy of Hair Design-Springfield

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2023 Average Net Price
$17,818
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
267
45.7% Full-Time

About

Academy of Hair Design-Springfield is a higher education institution located in Greene County, MO. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Academy of Hair Design-Springfield were Barbering (107 degrees awarded) and General Cosmetology (19 degrees).

In 2023, 187 degrees were awarded across all undergraduate and graduate programs at Academy of Hair Design-Springfield. 56.7% of these degrees were awarded to women, and 43.3% awarded men. The most common race/ethnicity group of degree recipients was white (87 degrees), 1.5 times more than then the next closest race/ethnicity group, hispanic or latino (58 degrees).

In 2020 the default rate for borrower's at Academy of Hair Design-Springfield was 0%, corresponding to 0 out of the 193 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $17,818.

In 2023, 54% of undergraduate students attending Academy of Hair Design-Springfield received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.

Average Net Price

$17,818
2023 Value
6.3%
1 Year Growth

In 2023 Academy of Hair Design-Springfield had an average net price — the price paid after factoring in grants and loans — of $17,818. Between 2022 and 2023, the average net price of Academy of Hair Design-Springfield grew by 6.3%.

This chart compares the average net price of Academy of Hair Design-Springfield (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

54%
Undergraduates Receiving Financial Aid through Grants
69%
Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Academy of Hair Design-Springfield received financial aid through grants or loans in 2023. This represents a growth of 1.89% with respect to 2022, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Academy of Hair Design-Springfield (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 Academy of Hair Design-Springfield was 0%, which represents 0 out of the 193 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

Academy of Hair Design-Springfield had a total enrollment of 267 students in 2023. The full-time enrollment at Academy of Hair Design-Springfield is 122 students and the part-time enrollment is 145. This means that 45.7% of students enrolled at Academy of Hair Design-Springfield are enrolled full-time.

The enrolled student population at Academy of Hair Design-Springfield, both undergraduate and graduate, is 47.9% White, 25.8% Hispanic or Latino, 17.6% Black or African American, 5.24% Two or More Races, and 1.5% American Indian or Alaska Native.

Students enrolled at Academy of Hair Design-Springfield in full-time Undergraduate programs are most commonly White Female (40.7%), followed by Hispanic or Latino Male (17.5%) and Black or African American Male (10.9%).

Full-Time vs Part-Time Enrollment

45.7%
Full-Time Enrollment

The total enrollment at Academy of Hair Design-Springfield in 2023, both undergraduate and graduate, is 267 students. The full-time enrollment at Academy of Hair Design-Springfield is 122 and the part-time enrollment is 145.

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

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Retention Rate over Time

69%
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 Academy of Hair Design-Springfield was 69%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    128 enrolled students
  2. Hispanic or Latino
    69 enrolled students
  3. Black or African American
    47 enrolled students

The enrolled student population at Academy of Hair Design-Springfield is 47.9% White, 25.8% Hispanic or Latino, 17.6% Black or African American, 5.24% Two or More Races, and 1.5% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 25 more women than men received degrees from Academy of Hair Design-Springfield. The most common race/ethnicity group of degree recipients at Academy of Hair Design-Springfield is white (87 degrees awarded). There were 1.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (58 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Academy of Hair Design-Springfield is Barbering (107 degrees awarded), followed by General Cosmetology (19 degrees).

In 2023,  the most specialized majors across all degree types at Academy of Hair Design-Springfield, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (187 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 Academy of Hair Design-Springfield 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 Academy of Hair Design-Springfield in 2023 are Personal & Culinary Services (187 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Academy of Hair Design-Springfield are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Academy of Hair Design-Springfield are Personal & Culinary Services (187 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 Academy of Hair Design-Springfield are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Academy of Hair Design-Springfield are Personal & Culinary Services (187 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 Academy of Hair Design-Springfield.
Most Common (2023)
  1. 107 degrees awarded
  2. 19 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Academy of Hair Design-Springfield was Barbering with 107 degrees awarded.

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

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Sex Breakdown for Common Majors

81
Degrees Awarded to Men
in 2023
106
Degrees Awarded to Women
in 2023

In 2023, 81 degrees were awarded to men at Academy of Hair Design-Springfield, which is 0.764 times less than the number of degrees awarded to females (106).

This chart displays the sex disparity between the top 5 majors at Academy of Hair Design-Springfield by degrees awarded.

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Most Common Male Majors

In 2023, 81 degrees were awarded to men at Academy of Hair Design-Springfield in Barbering, which is 3.12 times more than the 26 female recipients with that same degree.

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Most Common Female Majors

In 2023, 35 degrees were awarded to women at Academy of Hair Design-Springfield in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

23%
100% Completion Time
54%
150% Completion Time

In 2023, 23% of students graduating from Academy of Hair Design-Springfield completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 65% 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. White
    87 degrees awarded
  2. Hispanic or Latino
    58 degrees awarded
  3. Black or African American
    21 degrees awarded

The most common race/ethnicity at Academy of Hair Design-Springfield is white (87 degrees awarded). There were 1.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (58 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    71 degrees awarded
  2. Hispanic or Latino Male
    42 degrees awarded
  3. Hispanic or Latino Female
    16 degrees awarded

The most common race/ethnicity and sex grouping at Academy of Hair Design-Springfield is white female (71 degrees awarded). There were 1.69 times more white female recipients than the next closest race/ethnicity group, hispanic or latino male (42 degrees).

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Operations

Salary Expenditure

$1.76M
2023 Salaries
4.5%
growth from 2022

In 2023, Academy of Hair Design-Springfield paid a median of $1.76M in salaries, a 4.5% growth from the previous year. This is compared to a 15% growth between 2021 and 2022, and a 0.959% growth between 2020 and 2021.

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

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