International Cosmetology Academy (455053)

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2018 Average Net Price
$16,394
After Financial Aid
2015 Default Rate
32.6%
on Student Loans
2018 Enrolled Students
28
92.9% Full-Time

About

International Cosmetology Academy (455053) is a higher education institution located in Kent County, MI. In 2018, the most popular Less than 1 Year Postsecondary Certificate concentrations at International Cosmetology Academy (455053) were Nail Specialist & Manicurist (6 degrees awarded).

In 2018, 12 degrees were awarded across all undergraduate and graduate programs at International Cosmetology Academy (455053). 91.7% of these degrees were awarded to women, and 8.33% awarded men. The most common race/ethnicity group of degree recipients was black or african american (6 degrees), 1.2 times more than then the next closest race/ethnicity group, white (5 degrees).

In 2015 the default rate for borrower's at International Cosmetology Academy (455053) was 32.6%, corresponding to 15 out of the 46 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 $16,394.

In 2018, 67% of undergraduate students attending International Cosmetology Academy (455053) received financial aid through grants. Comparatively, 59% of undergraduate students received financial aid through loans.

Average Net Price

$16,394
2018 Value
15.7%
1 Year Growth

In 2018 International Cosmetology Academy (455053) had an average net price — the price paid after factoring in grants and loans — of $16,394. Between 2017 and 2018, the average net price of International Cosmetology Academy (455053) grew by 15.7%.

This chart compares the average net price of International Cosmetology Academy (455053) (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

67%
Undergraduates Receiving Financial Aid through Grants
59%
Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at International Cosmetology Academy (455053) received financial aid through grants or loans in 2018. This represents a growth of 15.5% with respect to 2017, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at International Cosmetology Academy (455053) (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.
32.6%
2015 Default Rate
15
Number of Defaults

In 2015 the default rate for borrower's at International Cosmetology Academy (455053) was 32.6%, which represents 15 out of the 46 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

International Cosmetology Academy (455053) had a total enrollment of 28 students in 2018. The full-time enrollment at International Cosmetology Academy (455053) is 26 students and the part-time enrollment is 2. This means that 92.9% of students enrolled at International Cosmetology Academy (455053) are enrolled full-time.

The enrolled student population at International Cosmetology Academy (455053), both undergraduate and graduate, is 75% Black or African American, 17.9% White, and 7.14% Two or More Races.

Students enrolled at International Cosmetology Academy (455053) in full-time Undergraduate programs are most commonly Black or African American Female (57.1%), followed by White Female (18.4%) and Black or African American Male (14.3%).

Full-Time vs Part-Time Enrollment

92.9%
Full-Time Enrollment

The total enrollment at International Cosmetology Academy (455053) in 2018, both undergraduate and graduate, is 28 students. The full-time enrollment at International Cosmetology Academy (455053) is 26 and the part-time enrollment is 2.

This chart shows the full-time vs part-time enrollment status at International Cosmetology Academy (455053) (in red) compares to similar universities.

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Retention Rate over Time

33%
2018 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 International Cosmetology Academy (455053) was 33%.

This chart shows the retention rate over time at International Cosmetology Academy (455053) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2018)
  1. Black or African American
    21 enrolled students
  2. White
    5 enrolled students
  3. Two or More Races
    2 enrolled students

The enrolled student population at International Cosmetology Academy (455053) is 75% Black or African American, 17.9% White, and 7.14% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2018, 10 more women than men received degrees from International Cosmetology Academy (455053). The most common race/ethnicity group of degree recipients at International Cosmetology Academy (455053) is black or african american (6 degrees awarded). There were 1.2 times more black or african american recipients than the next closest race/ethnicity group, white (5 degrees).

The most common Less than 1 Year Postsecondary Certificate concentration at International Cosmetology Academy (455053) is Nail Specialist & Manicurist (6 degrees awarded).

In 2018,  the most specialized majors across all degree types at International Cosmetology Academy (455053), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (12 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 International Cosmetology Academy (455053) 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 International Cosmetology Academy (455053) in 2018 are Personal & Culinary Services (12 degrees awarded) (as of 2018).

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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 International Cosmetology Academy (455053) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at International Cosmetology Academy (455053) are Personal & Culinary Services (12 degrees awarded) (as of 2018).

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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 International Cosmetology Academy (455053) 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 International Cosmetology Academy (455053) are Personal & Culinary Services (12 degrees awarded) (as of 2018).

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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 International Cosmetology Academy (455053).
Nail Specialist & Manicurist
Most Common (2018)
6 degrees awarded

In 2018, the most common less than 1 year postsecondary certificate concentration at International Cosmetology Academy (455053) was Nail Specialist & Manicurist with 6 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from less than 1 year postsecondary certificate programs at International Cosmetology Academy (455053) according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2018
11
Degrees Awarded to Women
in 2018

In 2018, 1 degrees were awarded to men at International Cosmetology Academy (455053), which is 0.0909 times less than the number of degrees awarded to females (11).

This chart displays the sex disparity between the top 5 majors at International Cosmetology Academy (455053) by degrees awarded.

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Most Common Male Majors

In 2018, 1 degrees were awarded to men at International Cosmetology Academy (455053) in General Cosmetology, which is 0.2 times less than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2018, 6 degrees were awarded to women at International Cosmetology Academy (455053) in Nail Specialist & Manicurist. There were no male recipients with the same degree.

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Time to Complete

17%
100% Completion Time
94%
150% Completion Time

In 2018, 17% of students graduating from International Cosmetology Academy (455053) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 100% 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 (2018)
  1. Black or African American
    6 degrees awarded
  2. White
    5 degrees awarded
  3. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at International Cosmetology Academy (455053) is black or african american (6 degrees awarded). There were 1.2 times more black or african american recipients than the next closest race/ethnicity group, white (5 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2018)
  1. White Female
    5 degrees awarded
  2. Black or African American Female
    5 degrees awarded
  3. Hispanic or Latino Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at International Cosmetology Academy (455053) is white female (5 degrees awarded). There were 1 times more white female recipients than the next closest race/ethnicity group, black or african american female (5 degrees).

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Operations

Salary Expenditure

$99.3k
2018 Salaries
19.1%
decline from 2017

In 2018, International Cosmetology Academy (455053) paid a median of $99.3k in salaries, a 19.1% decline from the previous year. This is compared to a 16.4% decline between 2016 and 2017, and a 67.9% growth between 2015 and 2016.

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

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