Model College of Hair Design

www.modelcollegeofhairdesign.com

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2023 Average Net Price
$17,738
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
108
97.2% Full-Time

About

Model College of Hair Design is a higher education institution located in Stearns County, MN. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Model College of Hair Design were General Cosmetology (44 degrees awarded).

In 2023, 93 degrees were awarded across all undergraduate and graduate programs at Model College of Hair Design. 98.9% of these degrees were awarded to women, and 1.08% awarded men. The most common race/ethnicity group of degree recipients was white (60 degrees), 3.33 times more than then the next closest race/ethnicity group, black or african american (18 degrees).

In 2020 the default rate for borrower's at Model College of Hair Design was 0%, corresponding to 0 out of the 59 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 $17,738.

In 2023, 57% of undergraduate students attending Model College of Hair Design received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Average Net Price

$17,738
2023 Value
34.2%
1 Year Growth

In 2023 Model College of Hair Design had an average net price — the price paid after factoring in grants and loans — of $17,738. Between 2022 and 2023, the average net price of Model College of Hair Design grew by 34.2%.

This chart compares the average net price of Model College of Hair Design (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

57%
Undergraduates Receiving Financial Aid through Grants
53%
Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Model College of Hair Design received financial aid through grants or loans in 2023. This represents a decline of 13.6% with respect to 2022, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Model College of Hair Design (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 Model College of Hair Design was 0%, which represents 0 out of the 59 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

Model College of Hair Design had a total enrollment of 108 students in 2023. The full-time enrollment at Model College of Hair Design is 105 students and the part-time enrollment is 3. This means that 97.2% of students enrolled at Model College of Hair Design are enrolled full-time.

The enrolled student population at Model College of Hair Design, both undergraduate and graduate, is 77.8% White, 13.9% Black or African American, 6.48% Hispanic or Latino, 0.926% American Indian or Alaska Native, and 0.926% Asian.

Students enrolled at Model College of Hair Design in full-time Undergraduate programs are most commonly White Female (73.9%), followed by Black or African American Female (10.1%) and Hispanic or Latino Female (7.34%).

Full-Time vs Part-Time Enrollment

97.2%
Full-Time Enrollment

The total enrollment at Model College of Hair Design in 2023, both undergraduate and graduate, is 108 students. The full-time enrollment at Model College of Hair Design is 105 and the part-time enrollment is 3.

This chart shows the full-time vs part-time enrollment status at Model College of Hair Design (in red) compares to similar universities.

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Retention Rate over Time

85%
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 Model College of Hair Design was 85%.

This chart shows the retention rate over time at Model College of Hair Design (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    84 enrolled students
  2. Black or African American
    15 enrolled students
  3. Hispanic or Latino
    7 enrolled students

The enrolled student population at Model College of Hair Design is 77.8% White, 13.9% Black or African American, 6.48% Hispanic or Latino, 0.926% American Indian or Alaska Native, and 0.926% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 91 more women than men received degrees from Model College of Hair Design. The most common race/ethnicity group of degree recipients at Model College of Hair Design is white (60 degrees awarded). There were 3.33 times more white recipients than the next closest race/ethnicity group, black or african american (18 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Model College of Hair Design is General Cosmetology (44 degrees awarded).

In 2023,  the most specialized majors across all degree types at Model College of Hair Design, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (93 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 Model College of Hair Design 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 Model College of Hair Design in 2023 are Personal & Culinary Services (93 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 Model College of Hair Design are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Model College of Hair Design are Personal & Culinary Services (93 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 Model College of Hair Design 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 Model College of Hair Design are Personal & Culinary Services (93 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 Model College of Hair Design.
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    36 degrees awarded
  2. Nail Specialist & Manicurist
    13 degrees awarded

In 2023, the most common N/A concentration at Model College of Hair Design was Aesthetician & Skin Care Specialist with 36 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Model College of Hair Design according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2023
92
Degrees Awarded to Women
in 2023

In 2023, 1 degrees were awarded to men at Model College of Hair Design, which is 0.0109 times less than the number of degrees awarded to females (92).

This chart displays the sex disparity between the top 5 majors at Model College of Hair Design by degrees awarded.

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Most Common Male Majors

In 2023, 1 degrees were awarded to men at Model College of Hair Design in General Cosmetology, which is 0.0233 times less than the 43 female recipients with that same degree.

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Most Common Female Majors

In 2023, 43 degrees were awarded to men at Model College of Hair Design in General Cosmetology, which is 43 times more than the 1 male recipients with that same degree.

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Time to Complete

3%
100% Completion Time
76%
150% Completion Time

In 2023, 3% of students graduating from Model College of Hair Design completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 76% completed their degrees within 150% of the normal time, and 76% 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 (2023)
  1. White
    60 degrees awarded
  2. Black or African American
    18 degrees awarded
  3. Hispanic or Latino
    7 degrees awarded

The most common race/ethnicity at Model College of Hair Design is white (60 degrees awarded). There were 3.33 times more white recipients than the next closest race/ethnicity group, black or african american (18 degrees).

1.08% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    59 degrees awarded
  2. Black or African American Female
    18 degrees awarded
  3. Hispanic or Latino Female
    7 degrees awarded

The most common race/ethnicity and sex grouping at Model College of Hair Design is white female (59 degrees awarded). There were 3.28 times more white female recipients than the next closest race/ethnicity group, black or african american female (18 degrees).

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Operations

Salary Expenditure

$549k
2023 Salaries
25.5%
growth from 2022

In 2023, Model College of Hair Design paid a median of $549k in salaries, a 25.5% growth from the previous year. This is compared to a 9.73% growth between 2021 and 2022, and a 25.1% growth between 2020 and 2021.

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

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