Elevate Salon Institute (457891)

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2018 Average Net Price

$11,792

After Financial Aid

2015 Default Rate

36.1%

on Student Loans

2018 Enrolled Students

100% Full-Time

About

Elevate Salon Institute (457891) is a higher education institution located in Cuyahoga County, OH. In 2018, the most popular 2 to 4 Year Postsecondary Certificate concentrations at Elevate Salon Institute (457891) were General Cosmetology (20 degrees awarded).

In 2017, 22 degrees were awarded across all undergraduate and graduate programs at Elevate Salon Institute (457891). 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (10 degrees), 2 times more than then the next closest race/ethnicity group, hispanic or latino (5 degrees).

In 2015 the default rate for borrower's at Elevate Salon Institute (457891) was 36.1%, corresponding to 13 out of the 36 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 $11,792.

In 2018, 93% of undergraduate students attending Elevate Salon Institute (457891) received financial aid through grants. Comparatively, 100% of undergraduate students received financial aid through loans.

Average Net Price

$11,792

2018 Value

3.63%

1 Year Growth

In 2018 Elevate Salon Institute (457891) had an average net price — the price paid after factoring in grants and loans — of $11,792. Between 2017 and 2018, the average net price of Elevate Salon Institute (457891) grew by 3.63%.

This chart compares the average net price of Elevate Salon Institute (457891) (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

93%

Undergraduates Receiving Financial Aid through Grants

100%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Elevate Salon Institute (457891) received financial aid through grants or loans in 2018. This represents a growth of 2.2% with respect to 2017, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Elevate Salon Institute (457891) (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.

36.1%

2015 Default Rate

Number of Defaults

In 2015 the default rate for borrower's at Elevate Salon Institute (457891) was 36.1%, which represents 13 out of the 36 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

Elevate Salon Institute (457891) had a total enrollment of 25 students in 2018. The full-time enrollment at Elevate Salon Institute (457891) is 25 students and the part-time enrollment is 0. This means that 100% of students enrolled at Elevate Salon Institute (457891) are enrolled full-time.

The enrolled student population at Elevate Salon Institute (457891), both undergraduate and graduate, is 52% White, 24% Black or African American, 8% Asian, 8% Hispanic or Latino, and 8% Two or More Races.

Students enrolled at Elevate Salon Institute (457891) in full-time Undergraduate programs are most commonly White Female (52%), followed by Black or African American Female (24%) and Asian Female (8%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Elevate Salon Institute (457891) in 2018, both undergraduate and graduate, is 25 students. The full-time enrollment at Elevate Salon Institute (457891) is 25 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Elevate Salon Institute (457891) (in red) compares to similar universities.

Retention Rate over Time

47%

2018 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 (457891) was 47%.

This chart shows the retention rate over time at Elevate Salon Institute (457891) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2018)

White
13 enrolled students
Black or African American
6 enrolled students
Asian
2 enrolled students

The enrolled student population at Elevate Salon Institute (457891) is 52% White, 24% Black or African American, 8% Asian, 8% Hispanic or Latino, and 8% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2017, 22 more women than men received degrees from Elevate Salon Institute (457891). The most common race/ethnicity group of degree recipients at Elevate Salon Institute (457891) is white (10 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at Elevate Salon Institute (457891) is General Cosmetology (20 degrees awarded).

In 2018, the most specialized majors across all degree types at Elevate Salon Institute (457891), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (20 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

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 (457891) are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Elevate Salon Institute (457891) in 2018 are Personal & Culinary Services (20 degrees awarded) (as of 2018).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Elevate Salon Institute (457891) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Elevate Salon Institute (457891) are Personal & Culinary Services (20 degrees awarded) (as of 2018).

Common Industries by Major

Elementary & secondary schools

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 (457891) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Elevate Salon Institute (457891) are Personal & Culinary Services (20 degrees awarded) (as of 2018).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Elevate Salon Institute (457891).

General Cosmetology

Most Common (2018)

20 degrees awarded

In 2018, the most common 2 to 4 year postsecondary certificate concentration at Elevate Salon Institute (457891) was General Cosmetology with 20 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Elevate Salon Institute (457891) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

Degrees Awarded to Women

in 2017

In 2017, 0 degrees were awarded to men at Elevate Salon Institute (457891), which is 0 times less than the number of degrees awarded to females (22).

This chart displays the sex disparity between the top 5 majors at Elevate Salon Institute (457891) by degrees awarded.

Most Common Female Majors

In 2018, 20 degrees were awarded to women at Elevate Salon Institute (457891) in General Cosmetology. There were no male recipients with the same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (46.2%)

The student demographic with the highest graduation rate in 2018 at Elevate Salon Institute (457891) is Female and White (46.2% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2018)

White
10 degrees awarded
Hispanic or Latino
5 degrees awarded
Black or African American
3 degrees awarded

The most common race/ethnicity at Elevate Salon Institute (457891) is white (10 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2018)

White Female
10 degrees awarded
Hispanic or Latino Female
5 degrees awarded
Black or African American Female
3 degrees awarded

The most common race/ethnicity and sex grouping at Elevate Salon Institute (457891) is white female (10 degrees awarded). There were 2 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (5 degrees).

Operations

Salary Expenditure

$234k

2018 Salaries

18.6%

growth from 2017

In 2018, Elevate Salon Institute (457891) paid a median of $234k in salaries, a 18.6% growth from the previous year. This is compared to a 34.1% decline between 2016 and 2017, and a 3.95% decline between 2015 and 2016.

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

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