Creative Hair School of Cosmetology

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2022 Average Net Price
$13,673
After Financial Aid
2020 Default Rate
12.7%
on Student Loans
2022 Enrolled Students
58
100% Full-Time

About

Creative Hair School of Cosmetology is a higher education institution located in Genesee County, MI.

In 2020 the default rate for borrower's at Creative Hair School of Cosmetology was 12.7%, corresponding to 9 out of the 71 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $13,673.

In 2022, 46% of undergraduate students attending Creative Hair School of Cosmetology received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Average Net Price

$13,673
2022 Value
34.7%
1 Year Growth

In 2022 Creative Hair School of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $13,673. Between 2021 and 2022, the average net price of Creative Hair School of Cosmetology grew by 34.7%.

This chart compares the average net price of Creative Hair School of Cosmetology (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

46%
Undergraduates Receiving Financial Aid through Grants
46%
Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at Creative Hair School of Cosmetology received financial aid through grants or loans in 2022. This represents a growth of 17.9% with respect to 2021, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at Creative Hair School of Cosmetology (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.
12.7%
2020 Default Rate
9
Number of Defaults

In 2020 the default rate for borrower's at Creative Hair School of Cosmetology was 12.7%, which represents 9 out of the 71 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

Creative Hair School of Cosmetology had a total enrollment of 58 students in 2022. The full-time enrollment at Creative Hair School of Cosmetology is 58 students and the part-time enrollment is 0. This means that 100% of students enrolled at Creative Hair School of Cosmetology are enrolled full-time.

The enrolled student population at Creative Hair School of Cosmetology, both undergraduate and graduate, is 70.7% Black or African American, 15.5% White, 10.3% Two or More Races, and 3.45% Hispanic or Latino.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Creative Hair School of Cosmetology in 2022, both undergraduate and graduate, is 58 students. The full-time enrollment at Creative Hair School of Cosmetology is 58 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Creative Hair School of Cosmetology (in red) compares to similar universities.

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Retention Rate over Time

60%
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 Creative Hair School of Cosmetology was 60%.

This chart shows the retention rate over time at Creative Hair School of Cosmetology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    41 enrolled students
  2. White
    9 enrolled students
  3. Two or More Races
    6 enrolled students

The enrolled student population at Creative Hair School of Cosmetology is 70.7% Black or African American, 15.5% White, 10.3% Two or More Races, and 3.45% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In N/A, N/A N/A women than men received degrees from Creative Hair School of Cosmetology. The most common race/ethnicity group of degree recipients at Creative Hair School of Cosmetology is black or african american (30 degrees awarded). There were 3 times more black or african american recipients than the next closest race/ethnicity group, white (10 degrees).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Creative Hair School of Cosmetology.
N/A
Most Common (2022)
N/A degrees awarded

In 2022, the most common N/A concentration at Creative Hair School of Cosmetology was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Creative Hair School of Cosmetology according to their major.

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Time to Complete

33%
100% Completion Time
67%
150% Completion Time

In 2022, 33% of students graduating from Creative Hair School of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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 (2022)
  1. Black or African American
    30 degrees awarded
  2. White
    10 degrees awarded
  3. Two or More Races
    3 degrees awarded

The most common race/ethnicity at Creative Hair School of Cosmetology is black or african american (30 degrees awarded). There were 3 times more black or african american recipients than the next closest race/ethnicity group, white (10 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    30 degrees awarded
  2. White Female
    10 degrees awarded
  3. Two or More Races Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Creative Hair School of Cosmetology is black or african american female (30 degrees awarded). There were 3 times more black or african american female recipients than the next closest race/ethnicity group, white female (10 degrees).

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Operations

Salary Expenditure

$92.8k
2022 Salaries
1.62%
growth from 2021

In 2022, Creative Hair School of Cosmetology paid a median of $92.8k in salaries, a 1.62% growth from the previous year. This is compared to a 6.71% decline between 2020 and 2021, and a 11% decline between 2019 and 2020.

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