Lu Ross Academy

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2023 Average Net Price
$15,104
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
277
69.7% Full-Time

About

Lu Ross Academy is a higher education institution located in Ventura County, CA. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Lu Ross Academy were Aesthetician & Skin Care Specialist (114 degrees awarded) and Nail Specialist & Manicurist (20 degrees).

In 2023, 242 degrees were awarded across all undergraduate and graduate programs at Lu Ross Academy. 85.1% of these degrees were awarded to women, and 14.9% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (186 degrees), 4.43 times more than then the next closest race/ethnicity group, white (42 degrees).

In 2020 the default rate for borrower's at Lu Ross Academy was 0%, corresponding to 0 out of the 233 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $15,104.

In 2023, 62% of undergraduate students attending Lu Ross Academy received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Average Net Price

$15,104
2023 Value
5.18%
1 Year Growth

In 2023 Lu Ross Academy had an average net price — the price paid after factoring in grants and loans — of $15,104. Between 2022 and 2023, the average net price of Lu Ross Academy grew by 5.18%.

This chart compares the average net price of Lu Ross 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

62%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at Lu Ross Academy received financial aid through grants or loans in 2023. This represents a decline of 11.4% with respect to 2022, when 70% of undergraduate students received financial aid.

This chart compares the average award discount at Lu Ross 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 Lu Ross Academy was 0%, which represents 0 out of the 233 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

Lu Ross Academy had a total enrollment of 277 students in 2023. The full-time enrollment at Lu Ross Academy is 193 students and the part-time enrollment is 84. This means that 69.7% of students enrolled at Lu Ross Academy are enrolled full-time.

The enrolled student population at Lu Ross Academy, both undergraduate and graduate, is 76.9% Hispanic or Latino, 15.2% White, 3.25% American Indian or Alaska Native, 1.44% Asian, 0.361% Two or More Races, and 0.361% Black or African American.

Students enrolled at Lu Ross Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (58.8%), followed by Hispanic or Latino Male (19.4%) and White Female (14.6%).

Full-Time vs Part-Time Enrollment

69.7%
Full-Time Enrollment

The total enrollment at Lu Ross Academy in 2023, both undergraduate and graduate, is 277 students. The full-time enrollment at Lu Ross Academy is 193 and the part-time enrollment is 84.

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

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Retention Rate over Time

94%
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 Lu Ross Academy was 94%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    213 enrolled students
  2. White
    42 enrolled students
  3. American Indian or Alaska Native
    9 enrolled students

The enrolled student population at Lu Ross Academy is 76.9% Hispanic or Latino, 15.2% White, 3.25% American Indian or Alaska Native, 1.44% Asian, 0.361% Two or More Races, and 0.361% Black or African American. 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, 4 students (1.44%) did not report their race.

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Graduates

In 2023, 170 more women than men received degrees from Lu Ross Academy. The most common race/ethnicity group of degree recipients at Lu Ross Academy is hispanic or latino (186 degrees awarded). There were 4.43 times more hispanic or latino recipients than the next closest race/ethnicity group, white (42 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Lu Ross Academy is Aesthetician & Skin Care Specialist (114 degrees awarded), followed by Nail Specialist & Manicurist (20 degrees).

In 2023,  the most specialized majors across all degree types at Lu Ross Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (242 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lu Ross Academy 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 Lu Ross Academy in 2023 are Personal & Culinary Services (242 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lu Ross Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Lu Ross Academy are Personal & Culinary Services (242 degrees awarded) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lu Ross 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 Lu Ross Academy are Personal & Culinary Services (242 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 Lu Ross Academy.
Most Common (2023)
  1. 114 degrees awarded
  2. 20 degrees awarded

In 2023, the most common N/A concentration at Lu Ross Academy was Aesthetician & Skin Care Specialist with 114 degrees awarded.

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

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Sex Breakdown for Common Majors

36
Degrees Awarded to Men
in 2023
206
Degrees Awarded to Women
in 2023

In 2023, 36 degrees were awarded to men at Lu Ross Academy, which is 0.175 times less than the number of degrees awarded to females (206).

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

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Most Common Male Majors

In 2023, 33 degrees were awarded to men at Lu Ross Academy in Barbering, which is 2.06 times more than the 16 female recipients with that same degree.

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Most Common Female Majors

In 2023, 113 degrees were awarded to men at Lu Ross Academy in Aesthetician & Skin Care Specialist, which is 113 times more than the 1 male recipients with that same degree.

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Time to Complete

32%
100% Completion Time
61%
150% Completion Time

In 2023, 32% of students graduating from Lu Ross Academy 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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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    186 degrees awarded
  2. White
    42 degrees awarded
  3. Two or More Races
    4 degrees awarded

The most common race/ethnicity at Lu Ross Academy is hispanic or latino (186 degrees awarded). There were 4.43 times more hispanic or latino recipients than the next closest race/ethnicity group, white (42 degrees).

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
    155 degrees awarded
  2. White Female
    39 degrees awarded
  3. Hispanic or Latino Male
    31 degrees awarded

The most common race/ethnicity and sex grouping at Lu Ross Academy is hispanic or latino female (155 degrees awarded). There were 3.97 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (39 degrees).

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Operations

Salary Expenditure

$1.8M
2023 Salaries
42.1%
growth from 2022

In 2023, Lu Ross Academy paid a median of $1.8M in salaries, a 42.1% growth from the previous year. This is compared to a 42.1% growth between 2021 and 2022, and a 51.4% decline between 2020 and 2021.

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

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