Praxis Institute

www.praxis.edu

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2023 Average Net Price
$8,441
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
440
100% Full-Time

About

Praxis Institute is a higher education institution located in Miami-Dade County, FL. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Praxis Institute were Massage Therapy (270 degrees awarded), General Cosmetology (60 degrees), and Other Cosmetology & Related Personal Grooming Arts (50 degrees).

In 2023, 380 degrees were awarded across all undergraduate and graduate programs at Praxis Institute. 63.2% of these degrees were awarded to women, and 36.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (380 degrees).

In 2020 the default rate for borrower's at Praxis Institute was 0%, corresponding to 0 out of the 333 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 $8,441.

In 2023, 75% of undergraduate students attending Praxis Institute received financial aid through grants. Comparatively, 68% of undergraduate students received financial aid through loans.

Average Net Price

$8,441
2023 Value
1.08%
1 Year Growth

In 2023 Praxis Institute had an average net price — the price paid after factoring in grants and loans — of $8,441. Between 2022 and 2023, the average net price of Praxis Institute grew by 1.08%.

This chart compares the average net price of Praxis Institute (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

75%
Undergraduates Receiving Financial Aid through Grants
68%
Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at Praxis Institute received financial aid through grants or loans in 2023. This represents a decline of 1.32% with respect to 2022, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Praxis Institute (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 Praxis Institute was 0%, which represents 0 out of the 333 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

Praxis Institute had a total enrollment of 440 students in 2023. The full-time enrollment at Praxis Institute is 440 students and the part-time enrollment is 0. This means that 100% of students enrolled at Praxis Institute are enrolled full-time.

The enrolled student population at Praxis Institute, both undergraduate and graduate, is 99.3% Hispanic or Latino and 0.682% White.

Students enrolled at Praxis Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (52.9%), followed by Hispanic or Latino Male (46.8%) and White Male (0.353%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Praxis Institute in 2023, both undergraduate and graduate, is 440 students. The full-time enrollment at Praxis Institute is 440 and the part-time enrollment is 0.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    437 enrolled students
  2. White
    3 enrolled students

The enrolled student population at Praxis Institute is 99.3% Hispanic or Latino and 0.682% White. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 100 more women than men received degrees from Praxis Institute. The most common race/ethnicity group of degree recipients at Praxis Institute is hispanic or latino (380 degrees awarded).

The most common Certificate of at least 1 but less than 2 academic years concentration at Praxis Institute is Massage Therapy (270 degrees awarded), followed by General Cosmetology (60 degrees) and Other Cosmetology & Related Personal Grooming Arts (50 degrees).

In 2023,  the most specialized majors across all degree types at Praxis Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (110 degrees awarded) and Health (270 degrees).

Common Jobs by Major

Registered nurses
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Praxis Institute are Registered nurses (1,452,593 people), Medical & health services managers (156,374 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at Praxis Institute in 2023 are Personal & Culinary Services (110 degrees awarded) and Health (270 degrees) (as of 2023).

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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 Praxis Institute are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Praxis Institute are Personal & Culinary Services (110 degrees awarded) and Health (270 degrees) (as of 2023).

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Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Praxis Institute are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at Praxis Institute are Personal & Culinary Services (110 degrees awarded) and Health (270 degrees) (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 Praxis Institute.
Most Common (2023)
  1. Massage Therapy
    270 degrees awarded
  2. General Cosmetology
    60 degrees awarded
  3. Other Cosmetology & Related Personal Grooming Arts
    50 degrees awarded

In 2023, the most common N/A concentration at Praxis Institute was Massage Therapy with 270 degrees awarded.

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

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Sex Breakdown for Common Majors

140
Degrees Awarded to Men
in 2023
240
Degrees Awarded to Women
in 2023

In 2023, 140 degrees were awarded to men at Praxis Institute, which is 0.583 times less than the number of degrees awarded to females (240).

This chart displays the sex disparity between the top 5 majors at Praxis Institute by degrees awarded.

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Most Common Male Majors

In 2023, 120 degrees were awarded to men at Praxis Institute in Massage Therapy, which is 0.8 times less than the 150 female recipients with that same degree.

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Most Common Female Majors

In 2023, 150 degrees were awarded to men at Praxis Institute in Massage Therapy, which is 1.25 times more than the 120 male recipients with that same degree.

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Time to Complete

78%
100% Completion Time
84%
150% Completion Time

In 2023, 78% of students graduating from Praxis Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 84% 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

Hispanic or Latino
Most Common Student Race or Ethnicity (2023)
380 degrees awarded

The most common race/ethnicity at Praxis Institute is hispanic or latino (380 degrees awarded).

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
    240 degrees awarded
  2. Hispanic or Latino Male
    140 degrees awarded

The most common race/ethnicity and sex grouping at Praxis Institute is hispanic or latino female (240 degrees awarded). There were 1.71 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (140 degrees).

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Operations

Salary Expenditure

$2.3M
2023 Salaries
3.43%
decline from 2022

In 2023, Praxis Institute paid a median of $2.3M in salaries, a 3.43% decline from the previous year. This is compared to a 9.04% decline between 2021 and 2022, and a 0.111% growth between 2020 and 2021.

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

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