Elevate Salon Institute (494001)

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2023 Average Net Price
$25,620
After Financial Aid
2023 Enrolled Students
85
38.8% Full-Time

About

Elevate Salon Institute (494001) is a higher education institution located in Durham County, NC. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Elevate Salon Institute (494001) were Other Cosmetology & Related Personal Grooming Arts (20 degrees awarded).

In 2023, 61 degrees were awarded across all undergraduate and graduate programs at Elevate Salon Institute (494001). 98.4% of these degrees were awarded to women, and 1.64% awarded men. The most common race/ethnicity group of degree recipients was black or african american (24 degrees), 1.14 times more than then the next closest race/ethnicity group, white (21 degrees).

Costs

After taking grants and loans into account, the average net price for students is $25,620.

In 2023, 28% of undergraduate students attending Elevate Salon Institute (494001) received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Average Net Price

$25,620
2023 Value
53.7%
1 Year Growth

In 2023 Elevate Salon Institute (494001) had an average net price — the price paid after factoring in grants and loans — of $25,620. Between 2022 and 2023, the average net price of Elevate Salon Institute (494001) grew by 53.7%.

This chart compares the average net price of Elevate Salon Institute (494001) (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

28%
Undergraduates Receiving Financial Aid through Grants
31%
Undergraduates Receiving Financial Aid through Loans

28% of undergraduate students at Elevate Salon Institute (494001) received financial aid through grants or loans in 2023. This represents a decline of 31.7% with respect to 2022, when 41% of undergraduate students received financial aid.

This chart compares the average award discount at Elevate Salon Institute (494001) (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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Enrollment

Elevate Salon Institute (494001) had a total enrollment of 85 students in 2023. The full-time enrollment at Elevate Salon Institute (494001) is 33 students and the part-time enrollment is 52. This means that 38.8% of students enrolled at Elevate Salon Institute (494001) are enrolled full-time.

The enrolled student population at Elevate Salon Institute (494001), both undergraduate and graduate, is 64.7% Black or African American, 20% White, 10.6% Hispanic or Latino, and 4.71% Two or More Races.

Students enrolled at Elevate Salon Institute (494001) in full-time Undergraduate programs are most commonly Black or African American Female (50%), followed by White Female (39.7%) and Hispanic or Latino Female (6.9%).

Full-Time vs Part-Time Enrollment

38.8%
Full-Time Enrollment

The total enrollment at Elevate Salon Institute (494001) in 2023, both undergraduate and graduate, is 85 students. The full-time enrollment at Elevate Salon Institute (494001) is 33 and the part-time enrollment is 52.

This chart shows the full-time vs part-time enrollment status at Elevate Salon Institute (494001) (in red) compares to similar universities.

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Retention Rate over Time

67%
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 Elevate Salon Institute (494001) was 67%.

This chart shows the retention rate over time at Elevate Salon Institute (494001) (highlighted 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
    55 enrolled students
  2. White
    17 enrolled students
  3. Hispanic or Latino
    9 enrolled students

The enrolled student population at Elevate Salon Institute (494001) is 64.7% Black or African American, 20% White, 10.6% Hispanic or Latino, and 4.71% 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, 59 more women than men received degrees from Elevate Salon Institute (494001). The most common race/ethnicity group of degree recipients at Elevate Salon Institute (494001) is black or african american (24 degrees awarded). There were 1.14 times more black or african american recipients than the next closest race/ethnicity group, white (21 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Elevate Salon Institute (494001) is Other Cosmetology & Related Personal Grooming Arts (20 degrees awarded).

In 2023,  the most specialized majors across all degree types at Elevate Salon Institute (494001), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (61 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 Elevate Salon Institute (494001) 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 Elevate Salon Institute (494001) in 2023 are Personal & Culinary Services (61 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 Elevate Salon Institute (494001) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Elevate Salon Institute (494001) are Personal & Culinary Services (61 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 Elevate Salon Institute (494001) 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 Elevate Salon Institute (494001) are Personal & Culinary Services (61 degrees awarded) (as of 2023).

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2023
60
Degrees Awarded to Women
in 2023

In 2023, 1 degrees were awarded to men at Elevate Salon Institute (494001), which is 0.0167 times less than the number of degrees awarded to females (60).

This chart displays the sex disparity between the top 5 majors at Elevate Salon Institute (494001) by degrees awarded.

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Most Common Male Majors

In 2023, 1 degrees were awarded to men at Elevate Salon Institute (494001) in Other Cosmetology & Related Personal Grooming Arts, which is 0.0526 times less than the 19 female recipients with that same degree.

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Most Common Female Majors

In 2023, 41 degrees were awarded to women at Elevate Salon Institute (494001) in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

61%
150% Completion Time

In 2023, 61% of students graduating from Elevate Salon Institute (494001) completed their program within 150% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 200% of the normal time.

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. Black or African American
    24 degrees awarded
  2. White
    21 degrees awarded
  3. Hispanic or Latino
    11 degrees awarded

The most common race/ethnicity at Elevate Salon Institute (494001) is black or african american (24 degrees awarded). There were 1.14 times more black or african american recipients than the next closest race/ethnicity group, white (21 degrees).

1.64% of degree recipients (1 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
    23 degrees awarded
  2. White Female
    21 degrees awarded
  3. Hispanic or Latino Female
    11 degrees awarded

The most common race/ethnicity and sex grouping at Elevate Salon Institute (494001) is black or african american female (23 degrees awarded). There were 1.1 times more black or african american female recipients than the next closest race/ethnicity group, white female (21 degrees).

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Operations

Salary Expenditure

$404k
2023 Salaries
48.7%
growth from 2022

In 2023, Elevate Salon Institute (494001) paid a median of $404k in salaries, a 48.7% growth from the previous year. This is compared to a 13.5% decline between 2021 and 2022, and a 20.3% growth between 2020 and 2021.

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