Cosmetology & Spa Academy

www.cosmetologyandspaacademy.edu/

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2021 Average Net Price

$14,470

After Financial Aid

2019 Student Loan

2.56%

Default Rate

2021 Enrolled Students

436

91.3% Full-Time

About

Cosmetology & Spa Academy is a higher education institution located in McHenry County, IL. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Cosmetology & Spa Academy were General Cosmetology (62 degrees awarded), Barbering (31 degrees), and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2021, 154 degrees were awarded across all undergraduate and graduate programs at Cosmetology & Spa Academy. 84.4% of these degrees were awarded to women, and 15.6% awarded men. The most common race/ethnicity group of degree recipients was white (69 degrees), 1.23 times more than then the next closest race/ethnicity group, hispanic or latino (56 degrees).

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 $14,470.

In 2021, 45% of undergraduate students attending Cosmetology & Spa Academy received financial aid through grants. Comparatively, 54% of undergraduate students received financial aid through loans.

Average Net Price

$14,470

2021 Value

8.85%

1 Year Growth

In 2021 Cosmetology & Spa Academy had an average net price — the price paid after factoring in grants and loans — of $14,470. Between 2020 and 2021, the average net price of Cosmetology & Spa Academy grew by 8.85%.

This chart compares the average net price of Cosmetology & Spa Academy (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

45%

Undergraduates Receiving Financial Aid through Grants

54%

Undergraduates Receiving Financial Aid through Loans

45% of undergraduate students at Cosmetology & Spa Academy received financial aid through grants or loans in 2021. This represents a decline of 6.25% with respect to 2020, when 48% of undergraduate students received financial aid.

This chart compares the average award discount at Cosmetology & Spa Academy (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.

2.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cosmetology & Spa Academy was 2.56%, which represents 4 out of the 156 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

Cosmetology & Spa Academy had a total enrollment of 436 students in 2021. The full-time enrollment at Cosmetology & Spa Academy is 398 students and the part-time enrollment is 38. This means that 91.3% of students enrolled at Cosmetology & Spa Academy are enrolled full-time.

The enrolled student population at Cosmetology & Spa Academy, both undergraduate and graduate, is 47% Hispanic or Latino, 29.8% White, 14.4% Black or African American, 3.9% Two or More Races, 2.52% Asian, 0.459% American Indian or Alaska Native, and 0.229% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Cosmetology & Spa Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (29.4%), followed by White Female (27.4%) and Hispanic or Latino Male (15.6%).

Full-Time vs Part-Time Enrollment

91.3%

Full-Time Enrollment

The total enrollment at Cosmetology & Spa Academy in 2021, both undergraduate and graduate, is 436 students. The full-time enrollment at Cosmetology & Spa Academy is 398 and the part-time enrollment is 38.

This chart shows the full-time vs part-time enrollment status at Cosmetology & Spa Academy (in red) compares to similar universities.

Retention Rate over Time

79%

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 Cosmetology & Spa Academy was 79%. Compared with the full-time retention rate at similar (77%), Cosmetology & Spa Academy had a retention rate higher than its peers.

This chart shows the retention rate over time at Cosmetology & Spa Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
205 enrolled students
White
130 enrolled students
Black or African American
63 enrolled students

The enrolled student population at Cosmetology & Spa Academy is 47% Hispanic or Latino, 29.8% White, 14.4% Black or African American, 3.9% Two or More Races, 2.52% Asian, 0.459% American Indian or Alaska Native, and 0.229% 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.

Graduates

In 2021, 106 more women than men received degrees from Cosmetology & Spa Academy. The most common race/ethnicity group of degree recipients at Cosmetology & Spa Academy is white (69 degrees awarded). There were 1.23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (56 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Cosmetology & Spa Academy is General Cosmetology (62 degrees awarded), followed by Barbering (31 degrees) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2021, the most specialized majors across all degree types at Cosmetology & Spa Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (154 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 Cosmetology & Spa Academy are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

The most specialized majors at Cosmetology & Spa Academy in 2021 are Personal & Culinary Services (154 degrees awarded) (as of 2021).

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 Cosmetology & Spa Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Cosmetology & Spa Academy are Personal & Culinary Services (154 degrees awarded) (as of 2021).

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 Cosmetology & Spa Academy are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

The most specialized majors at Cosmetology & Spa Academy are Personal & Culinary Services (154 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Cosmetology & Spa Academy.

Most Common (2021)

General Cosmetology
62 degrees awarded
Barbering
31 degrees awarded
Cosmetology, Barber, & Nail Instructor
2 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Cosmetology & Spa Academy was General Cosmetology with 62 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

130

Degrees Awarded to Women

in 2021

In 2021, 24 degrees were awarded to men at Cosmetology & Spa Academy, which is 0.185 times less than the number of degrees awarded to females (130).

This chart displays the sex disparity between the top 5 majors at Cosmetology & Spa Academy by degrees awarded.

Most Common Male Majors

In 2021, 19 degrees were awarded to men at Cosmetology & Spa Academy in Barbering, which is 1.58 times more than the 12 female recipients with that same degree.

Most Common Female Majors

In 2021, 59 degrees were awarded to men at Cosmetology & Spa Academy in General Cosmetology, which is 19.7 times more than the 3 male recipients with that same degree.

Time to Complete

48%

100% Completion Time

48%

150% Completion Time

In 2021, 48% of students graduating from Cosmetology & Spa Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 56% 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 (2021)

White
69 degrees awarded
Hispanic or Latino
56 degrees awarded
Black or African American
10 degrees awarded

The most common race/ethnicity at Cosmetology & Spa Academy is white (69 degrees awarded). There were 1.23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (56 degrees).

1.3% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
62 degrees awarded
Hispanic or Latino Female
45 degrees awarded
Hispanic or Latino Male
11 degrees awarded

The most common race/ethnicity and sex grouping at Cosmetology & Spa Academy is white female (62 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (45 degrees).