Grace International Beauty School

www.gibs.edu

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2023 Average Net Price

$14,925

After Financial Aid

2020 Default Rate

5.88%

on Student Loans

2023 Enrolled Students

100% Full-Time

About

Grace International Beauty School is a higher education institution located in Queens County, NY. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Grace International Beauty School were General Cosmetology (66 degrees awarded).

In 2023, 117 degrees were awarded across all undergraduate and graduate programs at Grace International Beauty School. 90.6% of these degrees were awarded to women, and 9.4% awarded men. The most common race/ethnicity group of degree recipients was asian (104 degrees), 34.7 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

In 2020 the default rate for borrower's at Grace International Beauty School was 5.88%, corresponding to 1 out of the 17 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 $14,925.

In 2023, 55% of undergraduate students attending Grace International Beauty School received financial aid through grants.

Average Net Price

$14,925

2023 Value

10.2%

1 Year Growth

In 2023 Grace International Beauty School had an average net price — the price paid after factoring in grants and loans — of $14,925. Between 2022 and 2023, the average net price of Grace International Beauty School grew by 10.2%.

This chart compares the average net price of Grace International Beauty School (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

55%

Undergraduates Receiving Financial Aid through Grants

55% of undergraduate students at Grace International Beauty School received financial aid through grants or loans in 2023. This represents a growth of 5.77% with respect to 2022, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at Grace International Beauty School (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.

5.88%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Grace International Beauty School was 5.88%, which represents 1 out of the 17 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

Grace International Beauty School had a total enrollment of 15 students in 2023. The full-time enrollment at Grace International Beauty School is 15 students and the part-time enrollment is 0. This means that 100% of students enrolled at Grace International Beauty School are enrolled full-time.

The enrolled student population at Grace International Beauty School, both undergraduate and graduate, is 93.3% Asian and 6.67% Hispanic or Latino.

Students enrolled at Grace International Beauty School in full-time Undergraduate programs are most commonly Asian Female (73.2%), followed by Asian Male (17.1%) and Hispanic or Latino Female (9.76%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Grace International Beauty School in 2023, both undergraduate and graduate, is 15 students. The full-time enrollment at Grace International Beauty School is 15 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Grace International Beauty School (in red) compares to similar universities.

Retention Rate over Time

92%

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 Grace International Beauty School was 92%.

This chart shows the retention rate over time at Grace International Beauty School (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Asian
14 enrolled students
Hispanic or Latino
1 enrolled students

The enrolled student population at Grace International Beauty School is 93.3% Asian and 6.67% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 95 more women than men received degrees from Grace International Beauty School. The most common race/ethnicity group of degree recipients at Grace International Beauty School is asian (104 degrees awarded). There were 34.7 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Grace International Beauty School is General Cosmetology (66 degrees awarded).

In 2023, the most specialized majors across all degree types at Grace International Beauty School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (117 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 Grace International Beauty School 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 Grace International Beauty School in 2023 are Personal & Culinary Services (117 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 Grace International Beauty School are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Grace International Beauty School are Personal & Culinary Services (117 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 Grace International Beauty School 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 Grace International Beauty School are Personal & Culinary Services (117 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 Grace International Beauty School.

General Cosmetology

Most Common (2023)

66 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Grace International Beauty School was General Cosmetology with 66 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Grace International Beauty School according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

106

Degrees Awarded to Women

in 2023

In 2023, 11 degrees were awarded to men at Grace International Beauty School, which is 0.104 times less than the number of degrees awarded to females (106).

This chart displays the sex disparity between the top 5 majors at Grace International Beauty School by degrees awarded.

Most Common Male Majors

In 2023, 6 degrees were awarded to men at Grace International Beauty School in Nail Specialist & Manicurist, which is 0.133 times less than the 45 female recipients with that same degree.

Most Common Female Majors

In 2023, 61 degrees were awarded to men at Grace International Beauty School in General Cosmetology, which is 12.2 times more than the 5 male recipients with that same degree.

Time to Complete

69%

100% Completion Time

86%

150% Completion Time

In 2023, 69% of students graduating from Grace International Beauty School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 87% 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)

Asian
104 degrees awarded
Hispanic or Latino
3 degrees awarded

The most common race/ethnicity at Grace International Beauty School is asian (104 degrees awarded). There were 34.7 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Asian Female
95 degrees awarded
Asian Male
9 degrees awarded
Hispanic or Latino Female
3 degrees awarded

The most common race/ethnicity and sex grouping at Grace International Beauty School is asian female (95 degrees awarded). There were 10.6 times more asian female recipients than the next closest race/ethnicity group, asian male (9 degrees).

Operations

Salary Expenditure

$192k

2023 Salaries

12.1%

growth from 2022

In 2023, Grace International Beauty School paid a median of $192k in salaries, a 12.1% growth from the previous year. This is compared to a 6.81% growth between 2021 and 2022, and a 4.18% decline between 2020 and 2021.

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

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