Ideal Beauty Academy (480161)

idealbeautyacademy.net

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2023 Average Net Price
$21,588
After Financial Aid
2021 Default Rate
0%
on Student Loans
2023 Enrolled Students
7
100% Full-Time
2018 Graduation Rate
40%
2 Graduates

About

Ideal Beauty Academy (480161) is a higher education institution located in Jefferson County, KY. N/A

In 2022, 14 degrees were awarded across all undergraduate and graduate programs at Ideal Beauty Academy (480161). 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was black or african american (9 degrees), 1.29 times more than then the next closest race/ethnicity group, white (7 degrees).

In 2021 the default rate for borrower's at Ideal Beauty Academy (480161) was 0%, corresponding to 0 out of the 43 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 $21,588.

In 2023, 58% of undergraduate students attending Ideal Beauty Academy (480161) received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Average Net Price

$21,588
2023 Value
23.5%
1 Year Growth

In 2023 Ideal Beauty Academy (480161) had an average net price — the price paid after factoring in grants and loans — of $21,588. Between 2022 and 2023, the average net price of Ideal Beauty Academy (480161) grew by 23.5%.

This chart compares the average net price of Ideal Beauty Academy (480161) (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

58%
Undergraduates Receiving Financial Aid through Grants
42%
Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Ideal Beauty Academy (480161) received financial aid through grants or loans in 2023. This represents a decline of 10.8% with respect to 2022, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Ideal Beauty Academy (480161) (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%
2021 Default Rate
0
Number of Defaults

In 2021 the default rate for borrower's at Ideal Beauty Academy (480161) was 0%, which represents 0 out of the 43 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

Ideal Beauty Academy (480161) had a total enrollment of 7 students in 2023. The full-time enrollment at Ideal Beauty Academy (480161) is 7 students and the part-time enrollment is 0. This means that 100% of students enrolled at Ideal Beauty Academy (480161) are enrolled full-time.

The enrolled student population at Ideal Beauty Academy (480161), both undergraduate and graduate, is 42.9% Black or African American, 42.9% White, and 14.3% Asian.

Students enrolled at Ideal Beauty Academy (480161) in full-time Undergraduate programs are most commonly White Female (42.1%), followed by Black or African American Female (36.8%) and Black or African American Male (10.5%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Ideal Beauty Academy (480161) in 2023, both undergraduate and graduate, is 7 students. The full-time enrollment at Ideal Beauty Academy (480161) is 7 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Ideal Beauty Academy (480161) (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Black or African American
    3 enrolled students
  2. White
    3 enrolled students
  3. Asian
    1 enrolled students

The enrolled student population at Ideal Beauty Academy (480161) is 42.9% Black or African American, 42.9% White, and 14.3% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 14 more women than men received degrees from Ideal Beauty Academy (480161). The most common race/ethnicity group of degree recipients at Ideal Beauty Academy (480161) is black or african american (9 degrees awarded). There were 1.29 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

In 2023,  the most specialized majors across all degree types at Ideal Beauty Academy (480161), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (17 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 Ideal Beauty Academy (480161) 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 Ideal Beauty Academy (480161) in 2023 are Personal & Culinary Services (17 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 Ideal Beauty Academy (480161) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Ideal Beauty Academy (480161) are Personal & Culinary Services (17 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 Ideal Beauty Academy (480161) are Restaurants & Food Services (10,934 people), uninformed (2,945 people), Funeral homes, & cemeteries & crematories (2,828 people), Elementary & secondary schools (2,087 people), and Traveler accommodation (1,672 people).

The most specialized majors at Ideal Beauty Academy (480161) are Personal & Culinary Services (17 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 Ideal Beauty Academy (480161).
N/A
Most Common (2023)
N/A degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Ideal Beauty Academy (480161) was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Ideal Beauty Academy (480161) according to their major.

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Sex Breakdown for Common Majors

0
Degrees Awarded to Men
in 2022
14
Degrees Awarded to Women
in 2022

In 2022, 0 degrees were awarded to men at Ideal Beauty Academy (480161), which is 0 times less than the number of degrees awarded to females (14).

This chart displays the sex disparity between the top 5 majors at Ideal Beauty Academy (480161) by degrees awarded.

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Most Common Female Majors

In 2023, 17 degrees were awarded to women at Ideal Beauty Academy (480161) in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

75%
100% Completion Time
75%
150% Completion Time

In 2023, 75% of students graduating from Ideal Beauty Academy (480161) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 75% 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.
Black or African American Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2018 at Ideal Beauty Academy (480161) is Male and Black or African American (100% graduation rate). Across all , Asian Female students have the highest graduation rate (74.3%).

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. Black or African American
    9 degrees awarded
  2. White
    7 degrees awarded
  3. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Ideal Beauty Academy (480161) is black or african american (9 degrees awarded). There were 1.29 times more black or african american recipients than the next closest race/ethnicity group, white (7 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. Black or African American Female
    9 degrees awarded
  2. White Female
    7 degrees awarded
  3. Hispanic or Latino Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Ideal Beauty Academy (480161) is black or african american female (9 degrees awarded). There were 1.29 times more black or african american female recipients than the next closest race/ethnicity group, white female (7 degrees).

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Operations

Salary Expenditure

$43.6k
2023 Salaries
42.6%
decline from 2022

In 2023, Ideal Beauty Academy (480161) paid a median of $43.6k in salaries, a 42.6% decline from the previous year. This is compared to a 1.33% growth between 2021 and 2022, and a 49.7% growth between 2020 and 2021.

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