Aveda Arts & Sciences Institute Minneapolis (173744)

avedaarts.edu/locations/minneapolis

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2023 Average Net Price
$16,193
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
608
100% Full-Time

About

Aveda Arts & Sciences Institute Minneapolis (173744) is a higher education institution located in Hennepin County, MN. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Aveda Arts & Sciences Institute Minneapolis (173744) were General Cosmetology (162 degrees awarded).

In 2023, 343 degrees were awarded across all undergraduate and graduate programs at Aveda Arts & Sciences Institute Minneapolis (173744). 95.3% of these degrees were awarded to women, and 4.66% awarded men. The most common race/ethnicity group of degree recipients was white (224 degrees), 5.6 times more than then the next closest race/ethnicity group, black or african american (40 degrees).

In 2020 the default rate for borrower's at Aveda Arts & Sciences Institute Minneapolis (173744) was 0%, corresponding to 0 out of the 325 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 $16,193.

In 2023, 37% of undergraduate students attending Aveda Arts & Sciences Institute Minneapolis (173744) received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

Average Net Price

$16,193
2023 Value
11.2%
1 Year Growth

In 2023 Aveda Arts & Sciences Institute Minneapolis (173744) had an average net price — the price paid after factoring in grants and loans — of $16,193. Between 2022 and 2023, the average net price of Aveda Arts & Sciences Institute Minneapolis (173744) grew by 11.2%.

This chart compares the average net price of Aveda Arts & Sciences Institute Minneapolis (173744) (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

37%
Undergraduates Receiving Financial Aid through Grants
40%
Undergraduates Receiving Financial Aid through Loans

37% of undergraduate students at Aveda Arts & Sciences Institute Minneapolis (173744) received financial aid through grants or loans in 2023. This represents a decline of 5.13% with respect to 2022, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at Aveda Arts & Sciences Institute Minneapolis (173744) (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 Aveda Arts & Sciences Institute Minneapolis (173744) was 0%, which represents 0 out of the 325 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

Aveda Arts & Sciences Institute Minneapolis (173744) had a total enrollment of 608 students in 2023. The full-time enrollment at Aveda Arts & Sciences Institute Minneapolis (173744) is 608 students and the part-time enrollment is 0. This means that 100% of students enrolled at Aveda Arts & Sciences Institute Minneapolis (173744) are enrolled full-time.

The enrolled student population at Aveda Arts & Sciences Institute Minneapolis (173744), both undergraduate and graduate, is 59.5% White, 11.3% Black or African American, 8.55% Hispanic or Latino, 5.1% Two or More Races, 4.28% Asian, 1.48% American Indian or Alaska Native, and 0.493% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Aveda Arts & Sciences Institute Minneapolis (173744) in full-time Undergraduate programs are most commonly White Female (58.3%), followed by Black or African American Female (11%) and Hispanic or Latino Female (7.8%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Aveda Arts & Sciences Institute Minneapolis (173744) in 2023, both undergraduate and graduate, is 608 students. The full-time enrollment at Aveda Arts & Sciences Institute Minneapolis (173744) is 608 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Aveda Arts & Sciences Institute Minneapolis (173744) (in red) compares to similar universities.

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Retention Rate over Time

83%
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 Aveda Arts & Sciences Institute Minneapolis (173744) was 83%.

This chart shows the retention rate over time at Aveda Arts & Sciences Institute Minneapolis (173744) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

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

The enrolled student population at Aveda Arts & Sciences Institute Minneapolis (173744) is 59.5% White, 11.3% Black or African American, 8.55% Hispanic or Latino, 5.1% Two or More Races, 4.28% Asian, 1.48% American Indian or Alaska Native, and 0.493% 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, 311 more women than men received degrees from Aveda Arts & Sciences Institute Minneapolis (173744). The most common race/ethnicity group of degree recipients at Aveda Arts & Sciences Institute Minneapolis (173744) is white (224 degrees awarded). There were 5.6 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Aveda Arts & Sciences Institute Minneapolis (173744) is General Cosmetology (162 degrees awarded).

In 2023,  the most specialized majors across all degree types at Aveda Arts & Sciences Institute Minneapolis (173744), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (313 degrees awarded) and Health (30 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 Aveda Arts & Sciences Institute Minneapolis (173744) 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 Aveda Arts & Sciences Institute Minneapolis (173744) in 2023 are Personal & Culinary Services (313 degrees awarded) and Health (30 degrees) (as of 2023).

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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 Aveda Arts & Sciences Institute Minneapolis (173744) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Aveda Arts & Sciences Institute Minneapolis (173744) are Personal & Culinary Services (313 degrees awarded) and Health (30 degrees) (as of 2023).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Aveda Arts & Sciences Institute Minneapolis (173744) 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 Aveda Arts & Sciences Institute Minneapolis (173744) are Personal & Culinary Services (313 degrees awarded) and Health (30 degrees) (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 Aveda Arts & Sciences Institute Minneapolis (173744).
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    151 degrees awarded
  2. Massage Therapy
    30 degrees awarded

In 2023, the most common N/A concentration at Aveda Arts & Sciences Institute Minneapolis (173744) was Aesthetician & Skin Care Specialist with 151 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Aveda Arts & Sciences Institute Minneapolis (173744) according to their major.

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Sex Breakdown for Common Majors

16
Degrees Awarded to Men
in 2023
327
Degrees Awarded to Women
in 2023

In 2023, 16 degrees were awarded to men at Aveda Arts & Sciences Institute Minneapolis (173744), which is 0.0489 times less than the number of degrees awarded to females (327).

This chart displays the sex disparity between the top 5 majors at Aveda Arts & Sciences Institute Minneapolis (173744) by degrees awarded.

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Most Common Male Majors

In 2023, 9 degrees were awarded to men at Aveda Arts & Sciences Institute Minneapolis (173744) in General Cosmetology, which is 0.0588 times less than the 153 female recipients with that same degree.

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Most Common Female Majors

In 2023, 153 degrees were awarded to men at Aveda Arts & Sciences Institute Minneapolis (173744) in General Cosmetology, which is 17 times more than the 9 male recipients with that same degree.

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Time to Complete

9%
100% Completion Time
66%
150% Completion Time

In 2023, 9% of students graduating from Aveda Arts & Sciences Institute Minneapolis (173744) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% completed their degrees within 150% of the normal time, and 66% 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
    224 degrees awarded
  2. Black or African American
    40 degrees awarded
  3. Hispanic or Latino
    29 degrees awarded

The most common race/ethnicity at Aveda Arts & Sciences Institute Minneapolis (173744) is white (224 degrees awarded). There were 5.6 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

1.75% of degree recipients (6 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    212 degrees awarded
  2. Black or African American Female
    40 degrees awarded
  3. Hispanic or Latino Female
    27 degrees awarded

The most common race/ethnicity and sex grouping at Aveda Arts & Sciences Institute Minneapolis (173744) is white female (212 degrees awarded). There were 5.3 times more white female recipients than the next closest race/ethnicity group, black or african american female (40 degrees).

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Operations

Salary Expenditure

$2.76M
2023 Salaries
5.96%
growth from 2022

In 2023, Aveda Arts & Sciences Institute Minneapolis (173744) paid a median of $2.76M in salaries, a 5.96% growth from the previous year. This is compared to a 12.6% growth between 2021 and 2022, and a 4.56% growth between 2020 and 2021.

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

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