Aveda Institute-Minneapolis

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2021 Average Net Price
$17,977
After Financial Aid
2019 Student Loan
1.15%
Default Rate
2021 Enrolled Students
618
100% Full-Time

About

Aveda Institute-Minneapolis is a higher education institution located in Hennepin County, MN. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Aveda Institute-Minneapolis were General Cosmetology (120 degrees awarded).

In 2021, 316 degrees were awarded across all undergraduate and graduate programs at Aveda Institute-Minneapolis. 96.5% of these degrees were awarded to women, and 3.48% awarded men. The most common race/ethnicity group of degree recipients was white (222 degrees), 8.88 times more than then the next closest race/ethnicity group, black or african american (25 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $17,977.

In 2021, 42% of undergraduate students attending Aveda Institute-Minneapolis received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Average Net Price

$17,977
2021 Value
19.9%
1 Year Growth

In 2021 Aveda Institute-Minneapolis had an average net price — the price paid after factoring in grants and loans — of $17,977. Between 2020 and 2021, the average net price of Aveda Institute-Minneapolis grew by 19.9%.

This chart compares the average net price of Aveda Institute-Minneapolis (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

42%
Undergraduates Receiving Financial Aid through Grants
48%
Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at Aveda Institute-Minneapolis received financial aid through grants or loans in 2021. This represents a decline of 8.7% with respect to 2020, when 46% of undergraduate students received financial aid.

This chart compares the average award discount at Aveda Institute-Minneapolis (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.
1.15%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Aveda Institute-Minneapolis was 1.15%, which represents 3 out of the 261 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

Aveda Institute-Minneapolis had a total enrollment of 618 students in 2021. The full-time enrollment at Aveda Institute-Minneapolis is 618 students and the part-time enrollment is 0. This means that 100% of students enrolled at Aveda Institute-Minneapolis are enrolled full-time.

The enrolled student population at Aveda Institute-Minneapolis, both undergraduate and graduate, is 65% White, 11.5% Black or African American, 9.55% Two or More Races, 6.8% Hispanic or Latino, 3.56% Asian, 1.62% American Indian or Alaska Native, and 0.485% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Aveda Institute-Minneapolis in full-time Undergraduate programs are most commonly White Female (61.8%), followed by Black or African American Female (10.8%) and Two or More Races Female (8.9%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Aveda Institute-Minneapolis in 2021, both undergraduate and graduate, is 618 students. The full-time enrollment at Aveda Institute-Minneapolis is 618 and the part-time enrollment is 0.

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

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Retention Rate over Time

80%
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 Aveda Institute-Minneapolis was 80%. Compared with the full-time retention rate at similar (77%), Aveda Institute-Minneapolis had a retention rate higher than its peers.

This chart shows the retention rate over time at Aveda Institute-Minneapolis (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    402 enrolled students
  2. Black or African American
    71 enrolled students
  3. Two or More Races
    59 enrolled students

The enrolled student population at Aveda Institute-Minneapolis is 65% White, 11.5% Black or African American, 9.55% Two or More Races, 6.8% Hispanic or Latino, 3.56% Asian, 1.62% American Indian or Alaska Native, and 0.485% Native Hawaiian or Other Pacific Islanders. 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.

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, 8 students (1.29%) did not report their race.

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learningGraduates

In 2021, 294 more women than men received degrees from Aveda Institute-Minneapolis. The most common race/ethnicity group of degree recipients at Aveda Institute-Minneapolis is white (222 degrees awarded). There were 8.88 times more white recipients than the next closest race/ethnicity group, black or african american (25 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Aveda Institute-Minneapolis is General Cosmetology (120 degrees awarded).

In 2021,  the most specialized majors across all degree types at Aveda Institute-Minneapolis, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (277 degrees awarded) and Health (39 degrees).

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 Aveda Institute-Minneapolis are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Aveda Institute-Minneapolis in 2021 are Personal & Culinary Services (277 degrees awarded) and Health (39 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 Aveda Institute-Minneapolis are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Aveda Institute-Minneapolis are Personal & Culinary Services (277 degrees awarded) and Health (39 degrees) (as of 2021).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Aveda Institute-Minneapolis are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

The most specialized majors at Aveda Institute-Minneapolis are Personal & Culinary Services (277 degrees awarded) and Health (39 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 Aveda Institute-Minneapolis.
Most Common (2021)
120 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Aveda Institute-Minneapolis was General Cosmetology with 120 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Aveda Institute-Minneapolis according to their major.

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Sex Breakdown for Common Majors

11
Degrees Awarded to Men
in 2021
305
Degrees Awarded to Women
in 2021

In 2021, 11 degrees were awarded to men at Aveda Institute-Minneapolis, which is 0.0361 times less than the number of degrees awarded to females (305).

This chart displays the sex disparity between the top 5 majors at Aveda Institute-Minneapolis by degrees awarded.

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Most Common Male Majors

In 2021, 5 degrees were awarded to men at Aveda Institute-Minneapolis in Aesthetician & Skin Care Specialist, which is 0.0329 times less than the 152 female recipients with that same degree.

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Most Common Female Majors

In 2021, 152 degrees were awarded to men at Aveda Institute-Minneapolis in Aesthetician & Skin Care Specialist, which is 30.4 times more than the 5 male recipients with that same degree.

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Time to Complete

9%
100% Completion Time
71%
150% Completion Time

In 2021, 9% of students graduating from Aveda Institute-Minneapolis completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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. White
    222 degrees awarded
  2. Black or African American
    25 degrees awarded
  3. Two or More Races
    23 degrees awarded

The most common race/ethnicity at Aveda Institute-Minneapolis is white (222 degrees awarded). There were 8.88 times more white recipients than the next closest race/ethnicity group, black or african american (25 degrees).

0.949% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    213 degrees awarded
  2. Black or African American Female
    24 degrees awarded
  3. Two or More Races Female
    23 degrees awarded

The most common race/ethnicity and sex grouping at Aveda Institute-Minneapolis is white female (213 degrees awarded). There were 8.88 times more white female recipients than the next closest race/ethnicity group, black or african american female (24 degrees).

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briefcaseOperations

Salary Expenditure

$2.31M
2021 Salaries
4.56%
growth from 2020

In 2021, Aveda Institute-Minneapolis paid a median of $2.31M in salaries, a 4.56% growth from the previous year.

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

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