Studio Academy of Beauty

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2021 Average Net Price
$15,841
After Financial Aid
2019 Student Loan
0.222%
Default Rate
2021 Enrolled Students
704
79.5% Full-Time

About

Studio Academy of Beauty is a higher education institution located in Maricopa County, AZ. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Studio Academy of Beauty were General Cosmetology (92 degrees awarded) and Hair Styling & Design (35 degrees).

In 2021, 483 degrees were awarded across all undergraduate and graduate programs at Studio Academy of Beauty. 96.9% of these degrees were awarded to women, and 3.11% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (189 degrees), 1.12 times more than then the next closest race/ethnicity group, white (169 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $15,841.

In 2021, 82% of undergraduate students attending Studio Academy of Beauty received financial aid through grants. Comparatively, 89% of undergraduate students received financial aid through loans.

Average Net Price

$15,841
2021 Value
0.126%
1 Year Growth

In 2021 Studio Academy of Beauty had an average net price — the price paid after factoring in grants and loans — of $15,841. Between 2020 and 2021, the average net price of Studio Academy of Beauty grew by 0.126%.

This chart compares the average net price of Studio Academy of Beauty (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

82%
Undergraduates Receiving Financial Aid through Grants
89%
Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at Studio Academy of Beauty received financial aid through grants or loans in 2021. This represents a growth of 6.49% with respect to 2020, when 77% of undergraduate students received financial aid.

This chart compares the average award discount at Studio Academy of Beauty (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.
0.222%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Studio Academy of Beauty was 0.222%, which represents 1 out of the 451 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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bookEnrollment

Studio Academy of Beauty had a total enrollment of 704 students in 2021. The full-time enrollment at Studio Academy of Beauty is 560 students and the part-time enrollment is 144. This means that 79.5% of students enrolled at Studio Academy of Beauty are enrolled full-time.

The enrolled student population at Studio Academy of Beauty, both undergraduate and graduate, is 43.9% Hispanic or Latino, 27% White, 15.8% Black or African American, 6.68% Two or More Races, 1.56% American Indian or Alaska Native, 1.28% Native Hawaiian or Other Pacific Islanders, and 0.71% Asian.

Students enrolled at Studio Academy of Beauty in full-time Undergraduate programs are most commonly Hispanic or Latino Female (41.4%), followed by White Female (28.2%) and Black or African American Female (13.4%).

Full-Time vs Part-Time Enrollment

79.5%
Full-Time Enrollment

The total enrollment at Studio Academy of Beauty in 2021, both undergraduate and graduate, is 704 students. The full-time enrollment at Studio Academy of Beauty is 560 and the part-time enrollment is 144.

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

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Retention Rate over Time

81%
2021 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 Studio Academy of Beauty was 81%. Compared with the full-time retention rate at similar (77%), Studio Academy of Beauty had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Hispanic or Latino
    309 enrolled students
  2. White
    190 enrolled students
  3. Black or African American
    111 enrolled students

The enrolled student population at Studio Academy of Beauty is 43.9% Hispanic or Latino, 27% White, 15.8% Black or African American, 6.68% Two or More Races, 1.56% American Indian or Alaska Native, 1.28% Native Hawaiian or Other Pacific Islanders, and 0.71% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 453 more women than men received degrees from Studio Academy of Beauty. The most common race/ethnicity group of degree recipients at Studio Academy of Beauty is hispanic or latino (189 degrees awarded). There were 1.12 times more hispanic or latino recipients than the next closest race/ethnicity group, white (169 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Studio Academy of Beauty is General Cosmetology (92 degrees awarded), followed by Hair Styling & Design (35 degrees).

In 2021,  the most specialized majors across all degree types at Studio Academy of Beauty, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (478 degrees awarded) and EDUCATION. (5 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Studio Academy of Beauty are Elementary & middle school teachers (1,563,363 people), Secondary school teachers (385,592 people), Education administrators (229,408 people), Special education teachers (164,052 people), and Preschool & kindergarten teachers (145,098 people).

The most specialized majors at Studio Academy of Beauty in 2021 are Personal & Culinary Services (478 degrees awarded) and EDUCATION. (5 degrees) (as of 2021).

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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 Studio Academy of Beauty are Chief executives & legislators, Surgeons, Physicians, Cardiovascular technologists and technicians, and Podiatrists

The most specialized majors at Studio Academy of Beauty are Personal & Culinary Services (478 degrees awarded) and EDUCATION. (5 degrees) (as of 2021).

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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 Studio Academy of Beauty are Elementary & secondary schools (2,575,882 people), Colleges, universities & professional schools, including junior colleges (177,652 people), Child day care services (89,352 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (86,407 people), and Restaurants & Food Services (48,057 people).

The most specialized majors at Studio Academy of Beauty are Personal & Culinary Services (478 degrees awarded) and EDUCATION. (5 degrees) (as of 2021).

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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 Studio Academy of Beauty.
Most Common (2021)
  1. 92 degrees awarded
  2. 35 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Studio Academy of Beauty was General Cosmetology with 92 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Studio Academy of Beauty according to their major.

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Sex Breakdown for Common Majors

15
Degrees Awarded to Men
in 2021
468
Degrees Awarded to Women
in 2021

In 2021, 15 degrees were awarded to men at Studio Academy of Beauty, which is 0.0321 times less than the number of degrees awarded to females (468).

This chart displays the sex disparity between the top 5 majors at Studio Academy of Beauty by degrees awarded.

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Most Common Male Majors

In 2021, 7 degrees were awarded to men at Studio Academy of Beauty in General Cosmetology, which is 0.0824 times less than the 85 female recipients with that same degree.

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Most Common Female Majors

In 2021, 345 degrees were awarded to men at Studio Academy of Beauty in Aesthetician & Skin Care Specialist, which is 57.5 times more than the 6 male recipients with that same degree.

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Time to Complete

69%
100% Completion Time
76%
150% Completion Time

In 2021, 69% of students graduating from Studio Academy of Beauty completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 76% completed their degrees within 150% of the normal time, and 76% 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 (2021)
  1. Hispanic or Latino
    189 degrees awarded
  2. White
    169 degrees awarded
  3. Black or African American
    63 degrees awarded

The most common race/ethnicity at Studio Academy of Beauty is hispanic or latino (189 degrees awarded). There were 1.12 times more hispanic or latino recipients than the next closest race/ethnicity group, white (169 degrees).

1.66% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    183 degrees awarded
  2. White Female
    166 degrees awarded
  3. Black or African American Female
    59 degrees awarded

The most common race/ethnicity and sex grouping at Studio Academy of Beauty is hispanic or latino female (183 degrees awarded). There were 1.1 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (166 degrees).

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briefcaseOperations

Salary Expenditure

$3.22M
2021 Salaries
15.6%
growth from 2020

In 2021, Studio Academy of Beauty paid a median of $3.22M in salaries, a 15.6% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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