Elite College of Cosmetology

www.elitecollegeofcosmetology.com

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2023 Average Net Price

$12,696

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

66.2% Full-Time

About

Elite College of Cosmetology is a higher education institution located in Henderson County, TN. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Elite College of Cosmetology were Nail Specialist & Manicurist (18 degrees awarded).

In 2023, 34 degrees were awarded across all undergraduate and graduate programs at Elite College of Cosmetology. 97.1% of these degrees were awarded to women, and 2.94% awarded men. The most common race/ethnicity group of degree recipients was white (29 degrees), 7.25 times more than then the next closest race/ethnicity group, black or african american (4 degrees).

In 2020 the default rate for borrower's at Elite College of Cosmetology was 0%, corresponding to 0 out of the 39 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 $12,696.

In 2023, 95% of undergraduate students attending Elite College of Cosmetology received financial aid through grants. Comparatively, 99% of undergraduate students received financial aid through loans.

Average Net Price

$12,696

2023 Value

29%

1 Year Growth

In 2023 Elite College of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $12,696. Between 2022 and 2023, the average net price of Elite College of Cosmetology grew by 29%.

This chart compares the average net price of Elite College of Cosmetology (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

95%

Undergraduates Receiving Financial Aid through Grants

99%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Elite College of Cosmetology received financial aid through grants or loans in 2023. This represents a growth of 31.9% with respect to 2022, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Elite College of Cosmetology (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 Elite College of Cosmetology was 0%, which represents 0 out of the 39 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

Elite College of Cosmetology had a total enrollment of 68 students in 2023. The full-time enrollment at Elite College of Cosmetology is 45 students and the part-time enrollment is 23. This means that 66.2% of students enrolled at Elite College of Cosmetology are enrolled full-time.

The enrolled student population at Elite College of Cosmetology, both undergraduate and graduate, is 77.9% White, 13.2% Black or African American, 5.88% Two or More Races, and 2.94% Hispanic or Latino.

Students enrolled at Elite College of Cosmetology in full-time Undergraduate programs are most commonly White Female (85.2%), followed by Black or African American Female (11.1%) and Two or More Races Female (2.47%).

Full-Time vs Part-Time Enrollment

66.2%

Full-Time Enrollment

The total enrollment at Elite College of Cosmetology in 2023, both undergraduate and graduate, is 68 students. The full-time enrollment at Elite College of Cosmetology is 45 and the part-time enrollment is 23.

This chart shows the full-time vs part-time enrollment status at Elite College of Cosmetology (in red) compares to similar universities.

Retention Rate over Time

74%

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 Elite College of Cosmetology was 74%.

This chart shows the retention rate over time at Elite College of Cosmetology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
53 enrolled students
Black or African American
9 enrolled students
Two or More Races
4 enrolled students

The enrolled student population at Elite College of Cosmetology is 77.9% White, 13.2% Black or African American, 5.88% Two or More Races, and 2.94% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 32 more women than men received degrees from Elite College of Cosmetology. The most common race/ethnicity group of degree recipients at Elite College of Cosmetology is white (29 degrees awarded). There were 7.25 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Elite College of Cosmetology is Nail Specialist & Manicurist (18 degrees awarded).

In 2023, the most specialized majors across all degree types at Elite College of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (34 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 Elite College of Cosmetology 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 Elite College of Cosmetology in 2023 are Personal & Culinary Services (34 degrees awarded) (as of 2023).

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 Elite College of Cosmetology are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Elite College of Cosmetology are Personal & Culinary Services (34 degrees awarded) (as of 2023).

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 Elite College of Cosmetology 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 Elite College of Cosmetology are Personal & Culinary Services (34 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 Elite College of Cosmetology.

Nail Specialist & Manicurist

Most Common (2023)

18 degrees awarded

In 2023, the most common N/A concentration at Elite College of Cosmetology was Nail Specialist & Manicurist with 18 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Elite College of Cosmetology according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 1 degrees were awarded to men at Elite College of Cosmetology, which is 0.0303 times less than the number of degrees awarded to females (33).

This chart displays the sex disparity between the top 5 majors at Elite College of Cosmetology by degrees awarded.

Most Common Male Majors

In 2023, 1 degrees were awarded to men at Elite College of Cosmetology in General Cosmetology, which is 0.0667 times less than the 15 female recipients with that same degree.

Most Common Female Majors

In 2023, 18 degrees were awarded to women at Elite College of Cosmetology in Nail Specialist & Manicurist. There were no male recipients with the same degree.

Time to Complete

100% Completion Time

82%

150% Completion Time

In 2023, 7% of students graduating from Elite College of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 82% 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
29 degrees awarded
Black or African American
4 degrees awarded
Two or More Races
1 degrees awarded

The most common race/ethnicity at Elite College of Cosmetology is white (29 degrees awarded). There were 7.25 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
28 degrees awarded
Black or African American Female
4 degrees awarded
White Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Elite College of Cosmetology is white female (28 degrees awarded). There were 7 times more white female recipients than the next closest race/ethnicity group, black or african american female (4 degrees).

Operations

Salary Expenditure

$65.3k

2023 Salaries

4.27%

decline from 2022

In 2023, Elite College of Cosmetology paid a median of $65.3k in salaries, a 4.27% decline from the previous year. This is compared to a 29% decline between 2021 and 2022, and a 14.9% decline between 2020 and 2021.

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

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