The Salon Professional Academy-Melbourne

www.tspamelbourne.com

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2023 Average Net Price
$19,116
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
132
55.3% Full-Time

About

The Salon Professional Academy-Melbourne is a higher education institution located in Brevard County, FL. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at The Salon Professional Academy-Melbourne were General Cosmetology (45 degrees awarded) and Barbering (4 degrees).

In 2023, 135 degrees were awarded across all undergraduate and graduate programs at The Salon Professional Academy-Melbourne. 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 (62 degrees), 2 times more than then the next closest race/ethnicity group, black or african american (31 degrees).

In 2020 the default rate for borrower's at The Salon Professional Academy-Melbourne was 0%, corresponding to 0 out of the 128 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 $19,116.

In 2023, 41% of undergraduate students attending The Salon Professional Academy-Melbourne received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Average Net Price

$19,116
2023 Value
10.9%
1 Year Growth

In 2023 The Salon Professional Academy-Melbourne had an average net price — the price paid after factoring in grants and loans — of $19,116. Between 2022 and 2023, the average net price of The Salon Professional Academy-Melbourne grew by 10.9%.

This chart compares the average net price of The Salon Professional Academy-Melbourne (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

41%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

41% of undergraduate students at The Salon Professional Academy-Melbourne received financial aid through grants or loans in 2023. This represents a decline of 42.3% with respect to 2022, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at The Salon Professional Academy-Melbourne (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 The Salon Professional Academy-Melbourne was 0%, which represents 0 out of the 128 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

The Salon Professional Academy-Melbourne had a total enrollment of 132 students in 2023. The full-time enrollment at The Salon Professional Academy-Melbourne is 73 students and the part-time enrollment is 59. This means that 55.3% of students enrolled at The Salon Professional Academy-Melbourne are enrolled full-time.

The enrolled student population at The Salon Professional Academy-Melbourne, both undergraduate and graduate, is 55.3% White, 15.2% Black or African American, 11.4% Two or More Races, 8.33% Hispanic or Latino, 2.27% American Indian or Alaska Native, and 2.27% Asian.

Students enrolled at The Salon Professional Academy-Melbourne in full-time Undergraduate programs are most commonly White Female (47%), followed by Hispanic or Latino Female (13.2%) and Black or African American Female (13.2%).

Full-Time vs Part-Time Enrollment

55.3%
Full-Time Enrollment

The total enrollment at The Salon Professional Academy-Melbourne in 2023, both undergraduate and graduate, is 132 students. The full-time enrollment at The Salon Professional Academy-Melbourne is 73 and the part-time enrollment is 59.

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

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Retention Rate over Time

95%
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 The Salon Professional Academy-Melbourne was 95%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    73 enrolled students
  2. Black or African American
    20 enrolled students
  3. Two or More Races
    15 enrolled students

The enrolled student population at The Salon Professional Academy-Melbourne is 55.3% White, 15.2% Black or African American, 11.4% Two or More Races, 8.33% Hispanic or Latino, 2.27% American Indian or Alaska Native, and 2.27% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

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Graduates

In 2023, 121 more women than men received degrees from The Salon Professional Academy-Melbourne. The most common race/ethnicity group of degree recipients at The Salon Professional Academy-Melbourne is white (62 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at The Salon Professional Academy-Melbourne is General Cosmetology (45 degrees awarded), followed by Barbering (4 degrees).

In 2023,  the most specialized majors across all degree types at The Salon Professional Academy-Melbourne, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (135 degrees awarded) and Health (0 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 The Salon Professional Academy-Melbourne 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 The Salon Professional Academy-Melbourne in 2023 are Personal & Culinary Services (135 degrees awarded) and Health (0 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 The Salon Professional Academy-Melbourne are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at The Salon Professional Academy-Melbourne are Personal & Culinary Services (135 degrees awarded) and Health (0 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 The Salon Professional Academy-Melbourne 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 The Salon Professional Academy-Melbourne are Personal & Culinary Services (135 degrees awarded) and Health (0 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 The Salon Professional Academy-Melbourne.
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    41 degrees awarded
  2. Other Cosmetology & Related Personal Grooming Arts
    31 degrees awarded
  3. Nail Specialist & Manicurist
    9 degrees awarded

In 2023, the most common N/A concentration at The Salon Professional Academy-Melbourne was Aesthetician & Skin Care Specialist with 41 degrees awarded.

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

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Sex Breakdown for Common Majors

7
Degrees Awarded to Men
in 2023
128
Degrees Awarded to Women
in 2023

In 2023, 7 degrees were awarded to men at The Salon Professional Academy-Melbourne, which is 0.0547 times less than the number of degrees awarded to females (128).

This chart displays the sex disparity between the top 5 majors at The Salon Professional Academy-Melbourne by degrees awarded.

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Most Common Male Majors

In 2023, 6 degrees were awarded to men at The Salon Professional Academy-Melbourne in Barbering, which is 2 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2023, 44 degrees were awarded to men at The Salon Professional Academy-Melbourne in General Cosmetology, which is 44 times more than the 1 male recipients with that same degree.

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Time to Complete

51%
100% Completion Time
79%
150% Completion Time

In 2023, 51% of students graduating from The Salon Professional Academy-Melbourne completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 79% 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
    62 degrees awarded
  2. Black or African American
    31 degrees awarded
  3. Hispanic or Latino
    15 degrees awarded

The most common race/ethnicity at The Salon Professional Academy-Melbourne is white (62 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

2.96% 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
    59 degrees awarded
  2. Black or African American Female
    28 degrees awarded
  3. Hispanic or Latino Female
    15 degrees awarded

The most common race/ethnicity and sex grouping at The Salon Professional Academy-Melbourne is white female (59 degrees awarded). There were 2.11 times more white female recipients than the next closest race/ethnicity group, black or african american female (28 degrees).

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Operations

Salary Expenditure

$557k
2023 Salaries
15.1%
decline from 2022

In 2023, The Salon Professional Academy-Melbourne paid a median of $557k in salaries, a 15.1% decline from the previous year. This is compared to a 0.824% decline between 2021 and 2022, and a 23.6% growth between 2020 and 2021.

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

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