Faust Institute of Cosmetology-Storm Lake

www.faustinstitute.com

Add Comparison

2019 Average Net Price

$4,949

After Financial Aid

2020 Default Rate

on Student Loans

2019 Enrolled Students

100% Full-Time

About

Faust Institute of Cosmetology-Storm Lake is a higher education institution located in Buena Vista County, IA. In 2020, the most popular 2 to 4 Year Postsecondary Certificate concentrations at Faust Institute of Cosmetology-Storm Lake were General Cosmetology (6 degrees awarded).

In 2020, 6 degrees were awarded across all undergraduate and graduate programs at Faust Institute of Cosmetology-Storm Lake. 66.7% of these degrees were awarded to women, and 33.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (4 degrees), 2 times more than then the next closest race/ethnicity group, white (2 degrees).

In 2020 the default rate for borrower's at Faust Institute of Cosmetology-Storm Lake was 0%, corresponding to 0 out of the 65 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 $4,949.

In 2019, 79% of undergraduate students attending Faust Institute of Cosmetology-Storm Lake received financial aid through grants. Comparatively, 83% of undergraduate students received financial aid through loans.

Average Net Price

$4,949

2019 Value

6.2%

1 Year Growth

In 2019 Faust Institute of Cosmetology-Storm Lake had an average net price — the price paid after factoring in grants and loans — of $4,949. Between 2018 and 2019, the average net price of Faust Institute of Cosmetology-Storm Lake grew by 6.2%.

This chart compares the average net price of Faust Institute of Cosmetology-Storm Lake (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

79%

Undergraduates Receiving Financial Aid through Grants

83%

Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Faust Institute of Cosmetology-Storm Lake received financial aid through grants or loans in 2019. This represents a growth of 8.22% with respect to 2018, when 73% of undergraduate students received financial aid.

This chart compares the average award discount at Faust Institute of Cosmetology-Storm Lake (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Faust Institute of Cosmetology-Storm Lake was 0%, which represents 0 out of the 65 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

Faust Institute of Cosmetology-Storm Lake had a total enrollment of 14 students in 2019. The full-time enrollment at Faust Institute of Cosmetology-Storm Lake is 14 students and the part-time enrollment is 0. This means that 100% of students enrolled at Faust Institute of Cosmetology-Storm Lake are enrolled full-time.

The enrolled student population at Faust Institute of Cosmetology-Storm Lake, both undergraduate and graduate, is 50% Hispanic or Latino and 50% White.

Students enrolled at Faust Institute of Cosmetology-Storm Lake in full-time Undergraduate programs are most commonly White Female (50%), followed by Hispanic or Latino Female (42.9%) and Hispanic or Latino Male (7.14%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Faust Institute of Cosmetology-Storm Lake in 2019, both undergraduate and graduate, is 14 students. The full-time enrollment at Faust Institute of Cosmetology-Storm Lake is 14 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Faust Institute of Cosmetology-Storm Lake (in red) compares to similar universities.

Retention Rate over Time

60%

2019 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 Faust Institute of Cosmetology-Storm Lake was 60%.

This chart shows the retention rate over time at Faust Institute of Cosmetology-Storm Lake (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2019)

Hispanic or Latino
7 enrolled students
White
7 enrolled students

The enrolled student population at Faust Institute of Cosmetology-Storm Lake is 50% Hispanic or Latino and 50% White. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2020, 2 more women than men received degrees from Faust Institute of Cosmetology-Storm Lake. The most common race/ethnicity group of degree recipients at Faust Institute of Cosmetology-Storm Lake is hispanic or latino (4 degrees awarded). There were 2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (2 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at Faust Institute of Cosmetology-Storm Lake is General Cosmetology (6 degrees awarded).

In 2020, the most specialized majors across all degree types at Faust Institute of Cosmetology-Storm Lake, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (6 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 Faust Institute of Cosmetology-Storm Lake 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 Faust Institute of Cosmetology-Storm Lake in 2020 are Personal & Culinary Services (6 degrees awarded) (as of 2020).

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 Faust Institute of Cosmetology-Storm Lake are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Faust Institute of Cosmetology-Storm Lake are Personal & Culinary Services (6 degrees awarded) (as of 2020).

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 Faust Institute of Cosmetology-Storm Lake 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 Faust Institute of Cosmetology-Storm Lake are Personal & Culinary Services (6 degrees awarded) (as of 2020).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Faust Institute of Cosmetology-Storm Lake.

General Cosmetology

Most Common (2020)

6 degrees awarded

In 2020, the most common 2 to 4 year postsecondary certificate concentration at Faust Institute of Cosmetology-Storm Lake was General Cosmetology with 6 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Faust Institute of Cosmetology-Storm Lake according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 2 degrees were awarded to men at Faust Institute of Cosmetology-Storm Lake, which is 0.5 times less than the number of degrees awarded to females (4).

This chart displays the sex disparity between the top 5 majors at Faust Institute of Cosmetology-Storm Lake by degrees awarded.

Most Common Male Majors

In 2020, 2 degrees were awarded to men at Faust Institute of Cosmetology-Storm Lake in General Cosmetology, which is 0.5 times less than the 4 female recipients with that same degree.

Most Common Female Majors

In 2020, 4 degrees were awarded to men at Faust Institute of Cosmetology-Storm Lake in General Cosmetology, which is 2 times more than the 2 male recipients with that same degree.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2019 at Faust Institute of Cosmetology-Storm Lake is Female and Asian (100% 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 (2020)

Hispanic or Latino
4 degrees awarded
White
2 degrees awarded

The most common race/ethnicity at Faust Institute of Cosmetology-Storm Lake is hispanic or latino (4 degrees awarded). There were 2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (2 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2020)

Hispanic or Latino Male
2 degrees awarded
Hispanic or Latino Female
2 degrees awarded
White Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Faust Institute of Cosmetology-Storm Lake is hispanic or latino male (2 degrees awarded). There were 1 times more hispanic or latino male recipients than the next closest race/ethnicity group, hispanic or latino female (2 degrees).

Operations

Salary Expenditure

$169k

2019 Salaries

2.47%

decline from 2018

In 2019, Faust Institute of Cosmetology-Storm Lake paid a median of $169k in salaries, a 2.47% decline from the previous year. This is compared to a 3% decline between 2017 and 2018, and a 3.29% decline between 2016 and 2017.

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

Keep Exploring

Magnolia College of Cosmetology

University

Mr Bela's School of Cosmetology Inc

University

Paul Mitchell the School-Madison

University

Don Roberts Beauty School

University

Professional Academy of Cosmetology

University