Michael's School of Hair Design & Esthetics

www.michaelsschool.com

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2021 Average Net Price

$20,574

After Financial Aid

2019 Default Rate

1.1%

on Student Loans

2021 Enrolled Students

79.8% Full-Time

About

Michael's School of Hair Design & Esthetics is a higher education institution located in Hillsborough County, NH. In 2022, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Michael's School of Hair Design & Esthetics were Aesthetician & Skin Care Specialist (35 degrees awarded).

In 2022, 67 degrees were awarded across all undergraduate and graduate programs at Michael's School of Hair Design & Esthetics. 98.5% of these degrees were awarded to women, and 1.49% awarded men. The most common race/ethnicity group of degree recipients was white (56 degrees), 11.2 times more than then the next closest race/ethnicity group, hispanic or latino (5 degrees).

In 2019 the default rate for borrower's at Michael's School of Hair Design & Esthetics was 1.1%, corresponding to 1 out of the 91 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 $20,574.

In 2021, 92% of undergraduate students attending Michael's School of Hair Design & Esthetics received financial aid through grants. Comparatively, 86% of undergraduate students received financial aid through loans.

Average Net Price

$20,574

2021 Value

34.9%

1 Year Growth

In 2021 Michael's School of Hair Design & Esthetics had an average net price — the price paid after factoring in grants and loans — of $20,574. Between 2020 and 2021, the average net price of Michael's School of Hair Design & Esthetics grew by 34.9%.

This chart compares the average net price of Michael's School of Hair Design & Esthetics (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

92%

Undergraduates Receiving Financial Aid through Grants

86%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Michael's School of Hair Design & Esthetics received financial aid through grants or loans in 2021. This represents a growth of 24.3% with respect to 2020, when 74% of undergraduate students received financial aid.

This chart compares the average award discount at Michael's School of Hair Design & Esthetics (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.

1.1%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Michael's School of Hair Design & Esthetics was 1.1%, which represents 1 out of the 91 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

Michael's School of Hair Design & Esthetics had a total enrollment of 84 students in 2021. The full-time enrollment at Michael's School of Hair Design & Esthetics is 67 students and the part-time enrollment is 17. This means that 79.8% of students enrolled at Michael's School of Hair Design & Esthetics are enrolled full-time.

The enrolled student population at Michael's School of Hair Design & Esthetics, both undergraduate and graduate, is 85.7% White, 7.14% Black or African American, 5.95% Hispanic or Latino, and 1.19% Asian.

Students enrolled at Michael's School of Hair Design & Esthetics in full-time Undergraduate programs are most commonly White Female (82%), followed by Hispanic or Latino Female (9.01%) and Black or African American Female (6.31%).

Full-Time vs Part-Time Enrollment

79.8%

Full-Time Enrollment

The total enrollment at Michael's School of Hair Design & Esthetics in 2021, both undergraduate and graduate, is 84 students. The full-time enrollment at Michael's School of Hair Design & Esthetics is 67 and the part-time enrollment is 17.

This chart shows the full-time vs part-time enrollment status at Michael's School of Hair Design & Esthetics (in red) compares to similar universities.

Retention Rate over Time

93%

2021 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 Michael's School of Hair Design & Esthetics was 93%.

This chart shows the retention rate over time at Michael's School of Hair Design & Esthetics (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
72 enrolled students
Black or African American
6 enrolled students
Hispanic or Latino
5 enrolled students

The enrolled student population at Michael's School of Hair Design & Esthetics is 85.7% White, 7.14% Black or African American, 5.95% Hispanic or Latino, and 1.19% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 65 more women than men received degrees from Michael's School of Hair Design & Esthetics. The most common race/ethnicity group of degree recipients at Michael's School of Hair Design & Esthetics is white (56 degrees awarded). There were 11.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Michael's School of Hair Design & Esthetics is Aesthetician & Skin Care Specialist (35 degrees awarded).

In 2022, the most specialized majors across all degree types at Michael's School of Hair Design & Esthetics, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (67 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 Michael's School of Hair Design & Esthetics 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 Michael's School of Hair Design & Esthetics in 2022 are Personal & Culinary Services (67 degrees awarded) (as of 2022).

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 Michael's School of Hair Design & Esthetics are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Michael's School of Hair Design & Esthetics are Personal & Culinary Services (67 degrees awarded) (as of 2022).

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 Michael's School of Hair Design & Esthetics 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 Michael's School of Hair Design & Esthetics are Personal & Culinary Services (67 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Michael's School of Hair Design & Esthetics.

Aesthetician & Skin Care Specialist

Most Common (2022)

35 degrees awarded

In 2022, the most common N/A concentration at Michael's School of Hair Design & Esthetics was Aesthetician & Skin Care Specialist with 35 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Michael's School of Hair Design & Esthetics according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 1 degrees were awarded to men at Michael's School of Hair Design & Esthetics, which is 0.0152 times less than the number of degrees awarded to females (66).

This chart displays the sex disparity between the top 5 majors at Michael's School of Hair Design & Esthetics by degrees awarded.

Most Common Male Majors

In 2022, 1 degrees were awarded to men at Michael's School of Hair Design & Esthetics in Aesthetician & Skin Care Specialist, which is 0.0294 times less than the 34 female recipients with that same degree.

Most Common Female Majors

In 2022, 34 degrees were awarded to men at Michael's School of Hair Design & Esthetics in Aesthetician & Skin Care Specialist, which is 34 times more than the 1 male recipients with that same degree.

Time to Complete

21%

100% Completion Time

77%

150% Completion Time

In 2021, 21% of students graduating from Michael's School of Hair Design & Esthetics completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 77% 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 (2022)

White
56 degrees awarded
Hispanic or Latino
5 degrees awarded
Black or African American
5 degrees awarded

The most common race/ethnicity at Michael's School of Hair Design & Esthetics is white (56 degrees awarded). There were 11.2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
55 degrees awarded
Hispanic or Latino Female
5 degrees awarded
Black or African American Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Michael's School of Hair Design & Esthetics is white female (55 degrees awarded). There were 11 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (5 degrees).

Operations

Salary Expenditure

$375k

2021 Salaries

18.4%

decline from 2020

In 2021, Michael's School of Hair Design & Esthetics paid a median of $375k in salaries, a 18.4% decline from the previous year. This is compared to a 20.8% decline between 2019 and 2020, and a 41.8% decline between 2018 and 2019.

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

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