Barber Tech Academy (488022)

www.barbertechacademy.com

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2022 Average Net Price

$26,410

After Financial Aid

2020 Default Rate

16.4%

on Student Loans

2022 Enrolled Students

76.9% Full-Time

About

Barber Tech Academy (488022) is a higher education institution located in Orangeburg County, SC. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Barber Tech Academy (488022) were Barbering (15 degrees awarded).

In 2022, 15 degrees were awarded across all undergraduate and graduate programs at Barber Tech Academy (488022). 33.3% of these degrees were awarded to women, and 66.7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (13 degrees), 13 times more than then the next closest race/ethnicity group, white (1 degrees).

In 2020 the default rate for borrower's at Barber Tech Academy (488022) was 16.4%, corresponding to 12 out of the 73 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 $26,410.

In 2022, 60% of undergraduate students attending Barber Tech Academy (488022) received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Average Net Price

$26,410

2022 Value

20.6%

1 Year Growth

In 2022 Barber Tech Academy (488022) had an average net price — the price paid after factoring in grants and loans — of $26,410. Between 2021 and 2022, the average net price of Barber Tech Academy (488022) grew by 20.6%.

This chart compares the average net price of Barber Tech Academy (488022) (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.

Financial Aid by Income Level

60%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

60% of undergraduate students at Barber Tech Academy (488022) received financial aid through grants or loans in 2022. This represents a decline of 6.25% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Barber Tech Academy (488022) (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.

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.

16.4%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Barber Tech Academy (488022) was 16.4%, which represents 12 out of the 73 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.

Enrollment

Barber Tech Academy (488022) had a total enrollment of 65 students in 2022. The full-time enrollment at Barber Tech Academy (488022) is 50 students and the part-time enrollment is 15. This means that 76.9% of students enrolled at Barber Tech Academy (488022) are enrolled full-time.

The enrolled student population at Barber Tech Academy (488022), both undergraduate and graduate, is 100% Black or African American.

Students enrolled at Barber Tech Academy (488022) in full-time Undergraduate programs are most commonly Black or African American Male (52%), followed by Black or African American Female (48%).

Full-Time vs Part-Time Enrollment

76.9%

Full-Time Enrollment

The total enrollment at Barber Tech Academy (488022) in 2022, both undergraduate and graduate, is 65 students. The full-time enrollment at Barber Tech Academy (488022) is 50 and the part-time enrollment is 15.

This chart shows the full-time vs part-time enrollment status at Barber Tech Academy (488022) (in red) compares to similar universities.

Retention Rate over Time

67%

2022 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 Barber Tech Academy (488022) was 67%.

This chart shows the retention rate over time at Barber Tech Academy (488022) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Black or African American

Most Common Race or Ethnicity (2022)

65 enrolled students

The enrolled student population at Barber Tech Academy (488022) is 100% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 5 fewer women than men received degrees from Barber Tech Academy (488022). The most common race/ethnicity group of degree recipients at Barber Tech Academy (488022) is black or african american (13 degrees awarded). There were 13 times more black or african american recipients than the next closest race/ethnicity group, white (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Barber Tech Academy (488022) is Barbering (15 degrees awarded).

In 2022, the most specialized majors across all degree types at Barber Tech Academy (488022), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (15 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 Barber Tech Academy (488022) are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Barber Tech Academy (488022) in 2022 are Personal & Culinary Services (15 degrees awarded) (as of 2022).

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 Barber Tech Academy (488022) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Barber Tech Academy (488022) are Personal & Culinary Services (15 degrees awarded) (as of 2022).

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 Barber Tech Academy (488022) 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 Barber Tech Academy (488022) are Personal & Culinary Services (15 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Barber Tech Academy (488022).

Barbering

Most Common (2022)

15 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Barber Tech Academy (488022) was Barbering with 15 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Barber Tech Academy (488022) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 10 degrees were awarded to men at Barber Tech Academy (488022), which is 2 times more than the number of degrees awarded to females (5).

This chart displays the sex disparity between the top 5 majors at Barber Tech Academy (488022) by degrees awarded.

Most Common Male Majors

In 2022, 10 degrees were awarded to men at Barber Tech Academy (488022) in Barbering, which is 2 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2022, 5 degrees were awarded to men at Barber Tech Academy (488022) in Barbering, which is 0.5 times less than the 10 male recipients with that same degree.

Time to Complete

100% Completion Time

33%

150% Completion Time

In 2022, 0% of students graduating from Barber Tech Academy (488022) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Black or African American
13 degrees awarded
White
1 degrees awarded

The most common race/ethnicity at Barber Tech Academy (488022) is black or african american (13 degrees awarded). There were 13 times more black or african american recipients than the next closest race/ethnicity group, white (1 degrees).

6.67% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Male
8 degrees awarded
Black or African American Female
5 degrees awarded
White Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Barber Tech Academy (488022) is black or african american male (8 degrees awarded). There were 1.6 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (5 degrees).

Operations

Salary Expenditure

$151k

2022 Salaries

23.4%

growth from 2021

In 2022, Barber Tech Academy (488022) paid a median of $151k in salaries, a 23.4% growth from the previous year. This is compared to a 6.93% decline between 2020 and 2021, and a 14.8% growth between 2019 and 2020.

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

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