Elite School of Cosmetology

www.eliteschoolofcosmetology.com

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2023 Average Net Price

$22,462

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

179

91.1% Full-Time

2023 Graduation Rate

59.1%

39 Graduates

About

Elite School of Cosmetology is a higher education institution located in Huron County, OH. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Elite School of Cosmetology were Nail Specialist & Manicurist (63 degrees awarded), Aesthetician & Skin Care Specialist (49 degrees), and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, 138 degrees were awarded across all undergraduate and graduate programs at Elite School of Cosmetology. 92.8% of these degrees were awarded to women, and 7.25% awarded men. The most common race/ethnicity group of degree recipients was white (80 degrees), 3.2 times more than then the next closest race/ethnicity group, black or african american (25 degrees).

In 2020 the default rate for borrower's at Elite School of Cosmetology was 0%, corresponding to 0 out of the 50 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 $22,462.

In 2023, 48% of undergraduate students attending Elite School of Cosmetology received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Average Net Price

$22,462

2023 Value

6.93%

1 Year Growth

In 2023 Elite School of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $22,462. Between 2022 and 2023, the average net price of Elite School of Cosmetology grew by 6.93%.

This chart compares the average net price of Elite School 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

48%

Undergraduates Receiving Financial Aid through Grants

52%

Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Elite School of Cosmetology received financial aid through grants or loans in 2023. This represents a decline of 7.69% with respect to 2022, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at Elite School 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 School of Cosmetology was 0%, which represents 0 out of the 50 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 School of Cosmetology had a total enrollment of 179 students in 2023. The full-time enrollment at Elite School of Cosmetology is 163 students and the part-time enrollment is 16. This means that 91.1% of students enrolled at Elite School of Cosmetology are enrolled full-time.

The enrolled student population at Elite School of Cosmetology, both undergraduate and graduate, is 67% White, 20.1% Black or African American, 7.82% Asian, 4.47% Hispanic or Latino, and 0.559% Two or More Races.

Students enrolled at Elite School of Cosmetology in full-time Undergraduate programs are most commonly White Female (64%), followed by Black or African American Female (20.6%) and Hispanic or Latino Female (5.14%).

Full-Time vs Part-Time Enrollment

91.1%

Full-Time Enrollment

The total enrollment at Elite School of Cosmetology in 2023, both undergraduate and graduate, is 179 students. The full-time enrollment at Elite School of Cosmetology is 163 and the part-time enrollment is 16.

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

Retention Rate over Time

62%

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 School of Cosmetology was 62%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
120 enrolled students
Black or African American
36 enrolled students
Asian
14 enrolled students

The enrolled student population at Elite School of Cosmetology is 67% White, 20.1% Black or African American, 7.82% Asian, 4.47% Hispanic or Latino, and 0.559% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 118 more women than men received degrees from Elite School of Cosmetology. The most common race/ethnicity group of degree recipients at Elite School of Cosmetology is white (80 degrees awarded). There were 3.2 times more white recipients than the next closest race/ethnicity group, black or african american (25 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Elite School of Cosmetology is Nail Specialist & Manicurist (63 degrees awarded), followed by Aesthetician & Skin Care Specialist (49 degrees) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, the most specialized majors across all degree types at Elite School of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (138 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 School 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 School of Cosmetology in 2023 are Personal & Culinary Services (138 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 Elite School of Cosmetology are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Elite School of Cosmetology are Personal & Culinary Services (138 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 Elite School of Cosmetology 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 Elite School of Cosmetology are Personal & Culinary Services (138 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 School of Cosmetology.

Most Common (2023)

Nail Specialist & Manicurist
63 degrees awarded
Aesthetician & Skin Care Specialist
49 degrees awarded
Cosmetology, Barber, & Nail Instructor
2 degrees awarded

In 2023, the most common N/A concentration at Elite School of Cosmetology was Nail Specialist & Manicurist with 63 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

128

Degrees Awarded to Women

in 2023

In 2023, 10 degrees were awarded to men at Elite School of Cosmetology, which is 0.0781 times less than the number of degrees awarded to females (128).

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

Most Common Male Majors

In 2023, 8 degrees were awarded to men at Elite School of Cosmetology in Nail Specialist & Manicurist, which is 0.145 times less than the 55 female recipients with that same degree.

Most Common Female Majors

In 2023, 55 degrees were awarded to men at Elite School of Cosmetology in Nail Specialist & Manicurist, which is 6.88 times more than the 8 male recipients with that same degree.

Time to Complete

100% Completion Time

58%

150% Completion Time

In 2023, 4% of students graduating from Elite School of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 58% completed their degrees within 150% of the normal time, and 58% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Elite School of Cosmetology is Female and Hispanic or Latino (100% graduation rate). Across all , Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
80 degrees awarded
Black or African American
25 degrees awarded
Asian
18 degrees awarded

The most common race/ethnicity at Elite School of Cosmetology is white (80 degrees awarded). There were 3.2 times more white recipients than the next closest race/ethnicity group, black or african american (25 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
78 degrees awarded
Black or African American Female
25 degrees awarded
Asian Female
11 degrees awarded

The most common race/ethnicity and sex grouping at Elite School of Cosmetology is white female (78 degrees awarded). There were 3.12 times more white female recipients than the next closest race/ethnicity group, black or african american female (25 degrees).

Operations

Salary Expenditure

$783k

2023 Salaries

13.4%

growth from 2022

In 2023, Elite School of Cosmetology paid a median of $783k in salaries, a 13.4% growth from the previous year. This is compared to a 27.6% growth between 2021 and 2022, and a 1.33% decline between 2020 and 2021.

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

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