Summit Salon Academy

summitsalonacademytampa.com

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2023 Average Net Price
$17,179
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
222
72.1% Full-Time

About

Summit Salon Academy is a higher education institution located in Hillsborough County, FL. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Summit Salon Academy were Other Cosmetology & Related Personal Grooming Arts (64 degrees awarded), Aesthetician & Skin Care Specialist (11 degrees), and Massage Therapy (5 degrees).

In 2023, 152 degrees were awarded across all undergraduate and graduate programs at Summit Salon Academy. 93.4% of these degrees were awarded to women, and 6.58% awarded men. The most common race/ethnicity group of degree recipients was white (79 degrees), 1.76 times more than then the next closest race/ethnicity group, hispanic or latino (45 degrees).

In 2020 the default rate for borrower's at Summit Salon Academy was 0%, corresponding to 0 out of the 125 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 $17,179.

In 2023, 48% of undergraduate students attending Summit Salon Academy received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Average Net Price

$17,179
2023 Value
0.333%
1 Year Growth

In 2023 Summit Salon Academy had an average net price — the price paid after factoring in grants and loans — of $17,179. Between 2022 and 2023, the average net price of Summit Salon Academy grew by 0.333%.

This chart compares the average net price of Summit Salon Academy (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

48%
Undergraduates Receiving Financial Aid through Grants
54%
Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Summit Salon Academy received financial aid through grants or loans in 2023. This represents a growth of 2.13% with respect to 2022, when 47% of undergraduate students received financial aid.

This chart compares the average award discount at Summit Salon Academy (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 Summit Salon Academy was 0%, which represents 0 out of the 125 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

Summit Salon Academy had a total enrollment of 222 students in 2023. The full-time enrollment at Summit Salon Academy is 160 students and the part-time enrollment is 62. This means that 72.1% of students enrolled at Summit Salon Academy are enrolled full-time.

The enrolled student population at Summit Salon Academy, both undergraduate and graduate, is 57.2% White, 23.9% Hispanic or Latino, 11.7% Black or African American, 1.35% Asian, and 0.901% Two or More Races.

Students enrolled at Summit Salon Academy in full-time Undergraduate programs are most commonly White Female (61.2%), followed by Hispanic or Latino Female (18.5%) and Black or African American Female (8.54%).

Full-Time vs Part-Time Enrollment

72.1%
Full-Time Enrollment

The total enrollment at Summit Salon Academy in 2023, both undergraduate and graduate, is 222 students. The full-time enrollment at Summit Salon Academy is 160 and the part-time enrollment is 62.

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

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Retention Rate over Time

100%
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 Summit Salon Academy was 100%.

This chart shows the retention rate over time at Summit Salon Academy (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    127 enrolled students
  2. Hispanic or Latino
    53 enrolled students
  3. Black or African American
    26 enrolled students

The enrolled student population at Summit Salon Academy is 57.2% White, 23.9% Hispanic or Latino, 11.7% Black or African American, 1.35% Asian, and 0.901% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 132 more women than men received degrees from Summit Salon Academy. The most common race/ethnicity group of degree recipients at Summit Salon Academy is white (79 degrees awarded). There were 1.76 times more white recipients than the next closest race/ethnicity group, hispanic or latino (45 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Summit Salon Academy is Other Cosmetology & Related Personal Grooming Arts (64 degrees awarded), followed by Aesthetician & Skin Care Specialist (11 degrees) and Massage Therapy (5 degrees).

In 2023,  the most specialized majors across all degree types at Summit Salon Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (147 degrees awarded) and Health (5 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 Summit Salon Academy 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 Summit Salon Academy in 2023 are Personal & Culinary Services (147 degrees awarded) and Health (5 degrees) (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 Summit Salon Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Summit Salon Academy are Personal & Culinary Services (147 degrees awarded) and Health (5 degrees) (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 Summit Salon Academy 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 Summit Salon Academy are Personal & Culinary Services (147 degrees awarded) and Health (5 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 Summit Salon Academy.
Most Common (2023)
  1. Other Cosmetology & Related Personal Grooming Arts
    64 degrees awarded
  2. Aesthetician & Skin Care Specialist
    11 degrees awarded
  3. Massage Therapy
    5 degrees awarded

In 2023, the most common N/A concentration at Summit Salon Academy was Other Cosmetology & Related Personal Grooming Arts with 64 degrees awarded.

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

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Sex Breakdown for Common Majors

10
Degrees Awarded to Men
in 2023
142
Degrees Awarded to Women
in 2023

In 2023, 10 degrees were awarded to men at Summit Salon Academy, which is 0.0704 times less than the number of degrees awarded to females (142).

This chart displays the sex disparity between the top 5 majors at Summit Salon Academy by degrees awarded.

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Most Common Male Majors

In 2023, 8 degrees were awarded to men at Summit Salon Academy in Barbering, which is 1.14 times more than the 7 female recipients with that same degree.

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Most Common Female Majors

In 2023, 64 degrees were awarded to women at Summit Salon Academy in Other Cosmetology & Related Personal Grooming Arts. There were no male recipients with the same degree.

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Time to Complete

50%
100% Completion Time
83%
150% Completion Time

In 2023, 50% of students graduating from Summit Salon Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 83% 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
    79 degrees awarded
  2. Hispanic or Latino
    45 degrees awarded
  3. Black or African American
    16 degrees awarded

The most common race/ethnicity at Summit Salon Academy is white (79 degrees awarded). There were 1.76 times more white recipients than the next closest race/ethnicity group, hispanic or latino (45 degrees).

2.63% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    77 degrees awarded
  2. Hispanic or Latino Female
    39 degrees awarded
  3. Black or African American Female
    15 degrees awarded

The most common race/ethnicity and sex grouping at Summit Salon Academy is white female (77 degrees awarded). There were 1.97 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (39 degrees).

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Operations

Salary Expenditure

$1.34M
2023 Salaries
17.5%
growth from 2022

In 2023, Summit Salon Academy paid a median of $1.34M in salaries, a 17.5% growth from the previous year. This is compared to a 4.68% growth between 2021 and 2022.

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

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