Aveda Institute-New Mexico

www.avedanm.com

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2023 Average Net Price
$16,436
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
157
100% Full-Time

About

Aveda Institute-New Mexico is a higher education institution located in Bernalillo County, NM. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Aveda Institute-New Mexico were General Cosmetology (53 degrees awarded).

In 2023, 95 degrees were awarded across all undergraduate and graduate programs at Aveda Institute-New Mexico. 93.7% of these degrees were awarded to women, and 6.32% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (63 degrees), 2.33 times more than then the next closest race/ethnicity group, white (27 degrees).

In 2020 the default rate for borrower's at Aveda Institute-New Mexico was 0%, corresponding to 0 out of the 59 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 $16,436.

In 2023, 54% of undergraduate students attending Aveda Institute-New Mexico received financial aid through grants. Comparatively, 51% of undergraduate students received financial aid through loans.

Average Net Price

$16,436
2023 Value
15.7%
1 Year Growth

In 2023 Aveda Institute-New Mexico had an average net price — the price paid after factoring in grants and loans — of $16,436. Between 2022 and 2023, the average net price of Aveda Institute-New Mexico grew by 15.7%.

This chart compares the average net price of Aveda Institute-New Mexico (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
51%
Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Aveda Institute-New Mexico received financial aid through grants or loans in 2023. This represents a decline of 3.57% with respect to 2022, when 56% of undergraduate students received financial aid.

This chart compares the average award discount at Aveda Institute-New Mexico (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 Institute-New Mexico was 0%, which represents 0 out of the 59 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 Institute-New Mexico had a total enrollment of 157 students in 2023. The full-time enrollment at Aveda Institute-New Mexico is 157 students and the part-time enrollment is 0. This means that 100% of students enrolled at Aveda Institute-New Mexico are enrolled full-time.

The enrolled student population at Aveda Institute-New Mexico, both undergraduate and graduate, is 62.4% Hispanic or Latino, 25.5% White, 5.73% Black or African American, 4.46% American Indian or Alaska Native, 1.27% Native Hawaiian or Other Pacific Islanders, and 0.637% Asian.

Students enrolled at Aveda Institute-New Mexico in full-time Undergraduate programs are most commonly Hispanic or Latino Female (57%), followed by White Female (29.5%) and Hispanic or Latino Male (3.97%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Aveda Institute-New Mexico in 2023, both undergraduate and graduate, is 157 students. The full-time enrollment at Aveda Institute-New Mexico is 157 and the part-time enrollment is 0.

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

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Retention Rate over Time

97%
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 Institute-New Mexico was 97%.

This chart shows the retention rate over time at Aveda Institute-New Mexico (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
    98 enrolled students
  2. White
    40 enrolled students
  3. Black or African American
    9 enrolled students

The enrolled student population at Aveda Institute-New Mexico is 62.4% Hispanic or Latino, 25.5% White, 5.73% Black or African American, 4.46% American Indian or Alaska Native, 1.27% Native Hawaiian or Other Pacific Islanders, and 0.637% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 83 more women than men received degrees from Aveda Institute-New Mexico. The most common race/ethnicity group of degree recipients at Aveda Institute-New Mexico is hispanic or latino (63 degrees awarded). There were 2.33 times more hispanic or latino recipients than the next closest race/ethnicity group, white (27 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Aveda Institute-New Mexico is General Cosmetology (53 degrees awarded).

In 2023,  the most specialized majors across all degree types at Aveda Institute-New Mexico, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (95 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 Aveda Institute-New Mexico 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 Aveda Institute-New Mexico in 2023 are Personal & Culinary Services (95 degrees awarded) (as of 2023).

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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 Aveda Institute-New Mexico are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Aveda Institute-New Mexico are Personal & Culinary Services (95 degrees awarded) (as of 2023).

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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 Aveda Institute-New Mexico 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 Aveda Institute-New Mexico are Personal & Culinary Services (95 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 Aveda Institute-New Mexico.
General Cosmetology
Most Common (2023)
53 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Aveda Institute-New Mexico was General Cosmetology with 53 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Aveda Institute-New Mexico according to their major.

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Sex Breakdown for Common Majors

6
Degrees Awarded to Men
in 2023
89
Degrees Awarded to Women
in 2023

In 2023, 6 degrees were awarded to men at Aveda Institute-New Mexico, which is 0.0674 times less than the number of degrees awarded to females (89).

This chart displays the sex disparity between the top 5 majors at Aveda Institute-New Mexico by degrees awarded.

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Most Common Male Majors

In 2023, 5 degrees were awarded to men at Aveda Institute-New Mexico in General Cosmetology, which is 0.104 times less than the 48 female recipients with that same degree.

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Most Common Female Majors

In 2023, 48 degrees were awarded to men at Aveda Institute-New Mexico in General Cosmetology, which is 9.6 times more than the 5 male recipients with that same degree.

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Time to Complete

N/A%
100% Completion Time
77%
150% Completion Time

In 2023, N/A% of students graduating from Aveda Institute-New Mexico completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 84% 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
    63 degrees awarded
  2. White
    27 degrees awarded
  3. American Indian or Alaska Native
    2 degrees awarded

The most common race/ethnicity at Aveda Institute-New Mexico is hispanic or latino (63 degrees awarded). There were 2.33 times more hispanic or latino recipients than the next closest race/ethnicity group, white (27 degrees).

1.05% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    61 degrees awarded
  2. White Female
    24 degrees awarded
  3. White Male
    3 degrees awarded

The most common race/ethnicity and sex grouping at Aveda Institute-New Mexico is hispanic or latino female (61 degrees awarded). There were 2.54 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (24 degrees).

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Operations

Salary Expenditure

$910k
2023 Salaries
18.5%
growth from 2022

In 2023, Aveda Institute-New Mexico paid a median of $910k in salaries, a 18.5% growth from the previous year. This is compared to a 6.03% growth between 2021 and 2022, and a 13.7% decline between 2020 and 2021.

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

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