Hair Academy School of Barbering & Beauty (488262)

hairacademysbb.edu

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2023 Average Net Price

$16,305

After Financial Aid

2020 Default Rate

9.8%

on Student Loans

2023 Enrolled Students

68% Full-Time

About

Hair Academy School of Barbering & Beauty (488262) is a higher education institution located in New Castle County, DE. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hair Academy School of Barbering & Beauty (488262) were Barbering (7 degrees awarded) and General Cosmetology (1 degrees).

In 2023, 8 degrees were awarded across all undergraduate and graduate programs at Hair Academy School of Barbering & Beauty (488262). 25% of these degrees were awarded to women, and 75% awarded men. The most common race/ethnicity group of degree recipients was black or african american (4 degrees), 1 times more than then the next closest race/ethnicity group, white (4 degrees).

In 2020 the default rate for borrower's at Hair Academy School of Barbering & Beauty (488262) was 9.8%, corresponding to 5 out of the 51 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 $16,305.

In 2023, 53% of undergraduate students attending Hair Academy School of Barbering & Beauty (488262) received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Average Net Price

$16,305

2023 Value

35.6%

1 Year Growth

In 2023 Hair Academy School of Barbering & Beauty (488262) had an average net price — the price paid after factoring in grants and loans — of $16,305. Between 2022 and 2023, the average net price of Hair Academy School of Barbering & Beauty (488262) grew by 35.6%.

This chart compares the average net price of Hair Academy School of Barbering & Beauty (488262) (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

53%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at Hair Academy School of Barbering & Beauty (488262) received financial aid through grants or loans in 2023. This represents a decline of 29.3% with respect to 2022, when 75% of undergraduate students received financial aid.

This chart compares the average award discount at Hair Academy School of Barbering & Beauty (488262) (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.

9.8%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Hair Academy School of Barbering & Beauty (488262) was 9.8%, which represents 5 out of the 51 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

Hair Academy School of Barbering & Beauty (488262) had a total enrollment of 25 students in 2023. The full-time enrollment at Hair Academy School of Barbering & Beauty (488262) is 17 students and the part-time enrollment is 8. This means that 68% of students enrolled at Hair Academy School of Barbering & Beauty (488262) are enrolled full-time.

The enrolled student population at Hair Academy School of Barbering & Beauty (488262), both undergraduate and graduate, is 48% Black or African American, 36% Hispanic or Latino, and 16% White.

Students enrolled at Hair Academy School of Barbering & Beauty (488262) in full-time Undergraduate programs are most commonly Black or African American Male (39.1%), followed by Hispanic or Latino Male (21.7%) and White Male (17.4%).

Full-Time vs Part-Time Enrollment

68%

Full-Time Enrollment

The total enrollment at Hair Academy School of Barbering & Beauty (488262) in 2023, both undergraduate and graduate, is 25 students. The full-time enrollment at Hair Academy School of Barbering & Beauty (488262) is 17 and the part-time enrollment is 8.

This chart shows the full-time vs part-time enrollment status at Hair Academy School of Barbering & Beauty (488262) (in red) compares to similar universities.

Retention Rate over Time

80%

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 Hair Academy School of Barbering & Beauty (488262) was 80%.

This chart shows the retention rate over time at Hair Academy School of Barbering & Beauty (488262) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
12 enrolled students
Hispanic or Latino
9 enrolled students
White
4 enrolled students

The enrolled student population at Hair Academy School of Barbering & Beauty (488262) is 48% Black or African American, 36% Hispanic or Latino, and 16% White. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 4 fewer women than men received degrees from Hair Academy School of Barbering & Beauty (488262). The most common race/ethnicity group of degree recipients at Hair Academy School of Barbering & Beauty (488262) is black or african american (4 degrees awarded). There were 1 times more black or african american recipients than the next closest race/ethnicity group, white (4 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hair Academy School of Barbering & Beauty (488262) is Barbering (7 degrees awarded), followed by General Cosmetology (1 degrees).

In 2023, the most specialized majors across all degree types at Hair Academy School of Barbering & Beauty (488262), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (8 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 Hair Academy School of Barbering & Beauty (488262) 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 Hair Academy School of Barbering & Beauty (488262) in 2023 are Personal & Culinary Services (8 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 Hair Academy School of Barbering & Beauty (488262) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Hair Academy School of Barbering & Beauty (488262) are Personal & Culinary Services (8 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 Hair Academy School of Barbering & Beauty (488262) 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 Hair Academy School of Barbering & Beauty (488262) are Personal & Culinary Services (8 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 Hair Academy School of Barbering & Beauty (488262).

Most Common (2023)

Barbering
7 degrees awarded
General Cosmetology
1 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Hair Academy School of Barbering & Beauty (488262) was Barbering with 7 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Hair Academy School of Barbering & Beauty (488262) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

Degrees Awarded to Women

in 2023

In 2023, 6 degrees were awarded to men at Hair Academy School of Barbering & Beauty (488262), which is 3 times more than the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at Hair Academy School of Barbering & Beauty (488262) by degrees awarded.

Most Common Male Majors

In 2023, 6 degrees were awarded to men at Hair Academy School of Barbering & Beauty (488262) in Barbering, which is 6 times more than the 1 female recipients with that same degree.

Most Common Female Majors

In 2023, 1 degrees were awarded to women at Hair Academy School of Barbering & Beauty (488262) in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

10%

100% Completion Time

50%

150% Completion Time

In 2023, 10% of students graduating from Hair Academy School of Barbering & Beauty (488262) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 50% 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)

Black or African American
4 degrees awarded
White
4 degrees awarded

The most common race/ethnicity at Hair Academy School of Barbering & Beauty (488262) is black or african american (4 degrees awarded). There were 1 times more black or african american recipients than the next closest race/ethnicity group, white (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Black or African American Male
3 degrees awarded
White Male
3 degrees awarded
White Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Hair Academy School of Barbering & Beauty (488262) is black or african american male (3 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, white male (3 degrees).

Operations

Salary Expenditure

$128k

2023 Salaries

4.26%

growth from 2022

In 2023, Hair Academy School of Barbering & Beauty (488262) paid a median of $128k in salaries, a 4.26% growth from the previous year. This is compared to a 5.93% growth between 2021 and 2022, and a 20.4% decline between 2020 and 2021.

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

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