Milan Institute of Cosmetology-Reno

www.milaninstitute.edu

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2023 Average Net Price
$21,028
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
243
100% Full-Time
2016 Graduation Rate
48.6%
68 Graduates

About

Milan Institute of Cosmetology-Reno is a higher education institution located in Washoe County, NV. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Milan Institute of Cosmetology-Reno were Aesthetician & Skin Care Specialist (79 degrees awarded), Nail Specialist & Manicurist (58 degrees), and Cosmetology, Barber, & Nail Instructor (8 degrees).

In 2023, 181 degrees were awarded across all undergraduate and graduate programs at Milan Institute of Cosmetology-Reno. 95.6% of these degrees were awarded to women, and 4.42% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (75 degrees), 1.06 times more than then the next closest race/ethnicity group, white (71 degrees).

In 2020 the default rate for borrower's at Milan Institute of Cosmetology-Reno was 0%, corresponding to 0 out of the 700 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 $21,028.

In 2023, 56% of undergraduate students attending Milan Institute of Cosmetology-Reno received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Average Net Price

$21,028
2023 Value
2.15%
1 Year Growth

In 2023 Milan Institute of Cosmetology-Reno had an average net price — the price paid after factoring in grants and loans — of $21,028. Between 2022 and 2023, the average net price of Milan Institute of Cosmetology-Reno grew by 2.15%.

This chart compares the average net price of Milan Institute of Cosmetology-Reno (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

56%
Undergraduates Receiving Financial Aid through Grants
62%
Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Milan Institute of Cosmetology-Reno received financial aid through grants or loans in 2023. This represents a decline of 12.5% with respect to 2022, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Milan Institute of Cosmetology-Reno (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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Milan Institute of Cosmetology-Reno was 0%, which represents 0 out of the 700 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

Milan Institute of Cosmetology-Reno had a total enrollment of 243 students in 2023. The full-time enrollment at Milan Institute of Cosmetology-Reno is 243 students and the part-time enrollment is 0. This means that 100% of students enrolled at Milan Institute of Cosmetology-Reno are enrolled full-time.

The enrolled student population at Milan Institute of Cosmetology-Reno, both undergraduate and graduate, is 46.5% Hispanic or Latino, 38.3% White, 5.76% Two or More Races, 3.7% Black or African American, 3.7% Asian, 1.23% American Indian or Alaska Native, and 0.823% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Milan Institute of Cosmetology-Reno in full-time Undergraduate programs are most commonly Hispanic or Latino Female (43%), followed by White Female (36.6%) and Two or More Races Female (5.45%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Milan Institute of Cosmetology-Reno in 2023, both undergraduate and graduate, is 243 students. The full-time enrollment at Milan Institute of Cosmetology-Reno is 243 and the part-time enrollment is 0.

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

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Retention Rate over Time

93%
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 Milan Institute of Cosmetology-Reno was 93%.

This chart shows the retention rate over time at Milan Institute of Cosmetology-Reno (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    113 enrolled students
  2. White
    93 enrolled students
  3. Two or More Races
    14 enrolled students

The enrolled student population at Milan Institute of Cosmetology-Reno is 46.5% Hispanic or Latino, 38.3% White, 5.76% Two or More Races, 3.7% Black or African American, 3.7% Asian, 1.23% American Indian or Alaska Native, and 0.823% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 165 more women than men received degrees from Milan Institute of Cosmetology-Reno. The most common race/ethnicity group of degree recipients at Milan Institute of Cosmetology-Reno is hispanic or latino (75 degrees awarded). There were 1.06 times more hispanic or latino recipients than the next closest race/ethnicity group, white (71 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Milan Institute of Cosmetology-Reno is Aesthetician & Skin Care Specialist (79 degrees awarded), followed by Nail Specialist & Manicurist (58 degrees) and Cosmetology, Barber, & Nail Instructor (8 degrees).

In 2023,  the most specialized majors across all degree types at Milan Institute of Cosmetology-Reno, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (181 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 Milan Institute of Cosmetology-Reno 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 Milan Institute of Cosmetology-Reno in 2023 are Personal & Culinary Services (181 degrees awarded) (as of 2023).

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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 Milan Institute of Cosmetology-Reno are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Milan Institute of Cosmetology-Reno are Personal & Culinary Services (181 degrees awarded) (as of 2023).

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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 Milan Institute of Cosmetology-Reno 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 Milan Institute of Cosmetology-Reno are Personal & Culinary Services (181 degrees awarded) (as of 2023).

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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 Milan Institute of Cosmetology-Reno.
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    79 degrees awarded
  2. Nail Specialist & Manicurist
    58 degrees awarded
  3. Cosmetology, Barber, & Nail Instructor
    8 degrees awarded

In 2023, the most common N/A concentration at Milan Institute of Cosmetology-Reno was Aesthetician & Skin Care Specialist with 79 degrees awarded.

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

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Sex Breakdown for Common Majors

8
Degrees Awarded to Men
in 2023
173
Degrees Awarded to Women
in 2023

In 2023, 8 degrees were awarded to men at Milan Institute of Cosmetology-Reno, which is 0.0462 times less than the number of degrees awarded to females (173).

This chart displays the sex disparity between the top 5 majors at Milan Institute of Cosmetology-Reno by degrees awarded.

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Most Common Male Majors

In 2023, 6 degrees were awarded to men at Milan Institute of Cosmetology-Reno in General Cosmetology, which is 0.2 times less than the 30 female recipients with that same degree.

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Most Common Female Majors

In 2023, 79 degrees were awarded to women at Milan Institute of Cosmetology-Reno in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

1%
100% Completion Time
50%
150% Completion Time

In 2023, 1% of students graduating from Milan Institute of Cosmetology-Reno 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 71% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2016 at Milan Institute of Cosmetology-Reno is Male and Asian (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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    75 degrees awarded
  2. White
    71 degrees awarded
  3. Asian
    12 degrees awarded

The most common race/ethnicity at Milan Institute of Cosmetology-Reno is hispanic or latino (75 degrees awarded). There were 1.06 times more hispanic or latino recipients than the next closest race/ethnicity group, white (71 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    74 degrees awarded
  2. White Female
    67 degrees awarded
  3. Asian Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute of Cosmetology-Reno is hispanic or latino female (74 degrees awarded). There were 1.1 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (67 degrees).

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Operations

Salary Expenditure

$759k
2023 Salaries
1.42%
decline from 2022

In 2023, Milan Institute of Cosmetology-Reno paid a median of $759k in salaries, a 1.42% decline from the previous year. This is compared to a 21.3% growth between 2021 and 2022, and a 4.81% growth between 2020 and 2021.

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

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