Salon Institute-Toledo Campus

www.saloninstitute.edu

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2023 Average Net Price
$16,431
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
152
100% Full-Time
2023 Graduation Rate
59.3%
35 Graduates

About

Salon Institute-Toledo Campus is a higher education institution located in Lucas County, OH. In 2023, the most popular 2 to 4 Year Postsecondary Certificate concentrations at Salon Institute-Toledo Campus were General Cosmetology (67 degrees awarded).

In 2023, 77 degrees were awarded across all undergraduate and graduate programs at Salon Institute-Toledo Campus. 94.8% of these degrees were awarded to women, and 5.19% awarded men. The most common race/ethnicity group of degree recipients was white (70 degrees), 23.3 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

In 2020 the default rate for borrower's at Salon Institute-Toledo Campus was 0%, corresponding to 0 out of the 63 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 $16,431.

In 2023, 42% of undergraduate students attending Salon Institute-Toledo Campus received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Average Net Price

$16,431
2023 Value
10.9%
1 Year Growth

In 2023 Salon Institute-Toledo Campus had an average net price — the price paid after factoring in grants and loans — of $16,431. Between 2022 and 2023, the average net price of Salon Institute-Toledo Campus grew by 10.9%.

This chart compares the average net price of Salon Institute-Toledo Campus (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

42%
Undergraduates Receiving Financial Aid through Grants
60%
Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at Salon Institute-Toledo Campus received financial aid through grants or loans in 2023. This represents a growth of 31.3% with respect to 2022, when 32% of undergraduate students received financial aid.

This chart compares the average award discount at Salon Institute-Toledo Campus (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 Salon Institute-Toledo Campus was 0%, which represents 0 out of the 63 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

Salon Institute-Toledo Campus had a total enrollment of 152 students in 2023. The full-time enrollment at Salon Institute-Toledo Campus is 152 students and the part-time enrollment is 0. This means that 100% of students enrolled at Salon Institute-Toledo Campus are enrolled full-time.

The enrolled student population at Salon Institute-Toledo Campus, both undergraduate and graduate, is 82.9% White, 7.24% Hispanic or Latino, 5.26% Black or African American, 3.29% Two or More Races, and 1.32% Asian.

Students enrolled at Salon Institute-Toledo Campus in full-time Undergraduate programs are most commonly White Female (80.3%), followed by Hispanic or Latino Female (6.44%) and Black or African American Female (4.75%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Salon Institute-Toledo Campus in 2023, both undergraduate and graduate, is 152 students. The full-time enrollment at Salon Institute-Toledo Campus is 152 and the part-time enrollment is 0.

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

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Retention Rate over Time

88%
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 Salon Institute-Toledo Campus was 88%.

This chart shows the retention rate over time at Salon Institute-Toledo Campus (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    126 enrolled students
  2. Hispanic or Latino
    11 enrolled students
  3. Black or African American
    8 enrolled students

The enrolled student population at Salon Institute-Toledo Campus is 82.9% White, 7.24% Hispanic or Latino, 5.26% Black or African American, 3.29% Two or More Races, and 1.32% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 69 more women than men received degrees from Salon Institute-Toledo Campus. The most common race/ethnicity group of degree recipients at Salon Institute-Toledo Campus is white (70 degrees awarded). There were 23.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at Salon Institute-Toledo Campus is General Cosmetology (67 degrees awarded).

In 2023,  the most specialized majors across all degree types at Salon Institute-Toledo Campus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (77 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 Salon Institute-Toledo Campus 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 Salon Institute-Toledo Campus in 2023 are Personal & Culinary Services (77 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 Salon Institute-Toledo Campus are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Salon Institute-Toledo Campus are Personal & Culinary Services (77 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 Salon Institute-Toledo Campus 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 Salon Institute-Toledo Campus are Personal & Culinary Services (77 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 Salon Institute-Toledo Campus.
General Cosmetology
Most Common (2023)
67 degrees awarded

In 2023, the most common 2 to 4 year postsecondary certificate concentration at Salon Institute-Toledo Campus was General Cosmetology with 67 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Salon Institute-Toledo Campus according to their major.

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Sex Breakdown for Common Majors

4
Degrees Awarded to Men
in 2023
73
Degrees Awarded to Women
in 2023

In 2023, 4 degrees were awarded to men at Salon Institute-Toledo Campus, which is 0.0548 times less than the number of degrees awarded to females (73).

This chart displays the sex disparity between the top 5 majors at Salon Institute-Toledo Campus by degrees awarded.

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Most Common Male Majors

In 2023, 3 degrees were awarded to men at Salon Institute-Toledo Campus in General Cosmetology, which is 0.0469 times less than the 64 female recipients with that same degree.

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Most Common Female Majors

In 2023, 64 degrees were awarded to men at Salon Institute-Toledo Campus in General Cosmetology, which is 21.3 times more than the 3 male recipients with that same degree.

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Time to Complete

18%
100% Completion Time
61%
150% Completion Time

In 2023, 18% of students graduating from Salon Institute-Toledo Campus completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 61% 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.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Salon Institute-Toledo Campus is Female and Two or More Races (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. White
    70 degrees awarded
  2. Hispanic or Latino
    3 degrees awarded
  3. Black or African American
    2 degrees awarded

The most common race/ethnicity at Salon Institute-Toledo Campus is white (70 degrees awarded). There were 23.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

1.3% 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
    66 degrees awarded
  2. White Male
    4 degrees awarded
  3. Hispanic or Latino Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Salon Institute-Toledo Campus is white female (66 degrees awarded). There were 16.5 times more white female recipients than the next closest race/ethnicity group, white male (4 degrees).

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Operations

Salary Expenditure

$1.14M
2023 Salaries
18.5%
growth from 2022

In 2023, Salon Institute-Toledo Campus paid a median of $1.14M in salaries, a 18.5% growth from the previous year. This is compared to a 131% growth between 2021 and 2022, and a 41.4% decline between 2020 and 2021.

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

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