Hair Academy-New Carrollton Campus

www.hairacademymd.com

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2023 Average Net Price

$19,860

After Financial Aid

2022 Default Rate

on Student Loans

2023 Enrolled Students

241

41.5% Full-Time

About

Hair Academy-New Carrollton Campus is a higher education institution located in Prince George's County, MD. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hair Academy-New Carrollton Campus were General Cosmetology (39 degrees awarded) and Barbering (35 degrees).

In 2023, 165 degrees were awarded across all undergraduate and graduate programs at Hair Academy-New Carrollton Campus. 79.4% of these degrees were awarded to women, and 20.6% awarded men. The most common race/ethnicity group of degree recipients was black or african american (156 degrees), 31.2 times more than then the next closest race/ethnicity group, hispanic or latino (5 degrees).

In 2022 the default rate for borrower's at Hair Academy-New Carrollton Campus was 0%, corresponding to 0 out of the 273 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 $19,860.

In 2023, 27% of undergraduate students attending Hair Academy-New Carrollton Campus received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

Average Net Price

$19,860

2023 Value

7.23%

1 Year Growth

In 2023 Hair Academy-New Carrollton Campus had an average net price — the price paid after factoring in grants and loans — of $19,860. Between 2022 and 2023, the average net price of Hair Academy-New Carrollton Campus grew by 7.23%.

This chart compares the average net price of Hair Academy-New Carrollton Campus (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

27%

Undergraduates Receiving Financial Aid through Grants

28%

Undergraduates Receiving Financial Aid through Loans

27% of undergraduate students at Hair Academy-New Carrollton Campus received financial aid through grants or loans in 2023. This represents a decline of 6.9% with respect to 2022, when 29% of undergraduate students received financial aid.

This chart compares the average award discount at Hair Academy-New Carrollton Campus (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.

2022 Default Rate

Number of Defaults

In 2022 the default rate for borrower's at Hair Academy-New Carrollton Campus was 0%, which represents 0 out of the 273 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

Hair Academy-New Carrollton Campus had a total enrollment of 241 students in 2023. The full-time enrollment at Hair Academy-New Carrollton Campus is 100 students and the part-time enrollment is 141. This means that 41.5% of students enrolled at Hair Academy-New Carrollton Campus are enrolled full-time.

The enrolled student population at Hair Academy-New Carrollton Campus, both undergraduate and graduate, is 90.5% Black or African American, 7.05% Hispanic or Latino, 1.66% White, 0.415% Native Hawaiian or Other Pacific Islanders, and 0.415% Asian.

Students enrolled at Hair Academy-New Carrollton Campus in full-time Undergraduate programs are most commonly Black or African American Female (57.9%), followed by Black or African American Male (34.8%) and Hispanic or Latino Female (3.86%).

Full-Time vs Part-Time Enrollment

41.5%

Full-Time Enrollment

The total enrollment at Hair Academy-New Carrollton Campus in 2023, both undergraduate and graduate, is 241 students. The full-time enrollment at Hair Academy-New Carrollton Campus is 100 and the part-time enrollment is 141.

This chart shows the full-time vs part-time enrollment status at Hair Academy-New Carrollton Campus (in red) compares to similar universities.

Retention Rate over Time

52%

2023 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 Hair Academy-New Carrollton Campus was 52%.

This chart shows the retention rate over time at Hair Academy-New Carrollton Campus (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Black or African American
218 enrolled students
Hispanic or Latino
17 enrolled students
White
4 enrolled students

The enrolled student population at Hair Academy-New Carrollton Campus is 90.5% Black or African American, 7.05% Hispanic or Latino, 1.66% White, 0.415% Native Hawaiian or Other Pacific Islanders, and 0.415% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 97 more women than men received degrees from Hair Academy-New Carrollton Campus. The most common race/ethnicity group of degree recipients at Hair Academy-New Carrollton Campus is black or african american (156 degrees awarded). There were 31.2 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hair Academy-New Carrollton Campus is General Cosmetology (39 degrees awarded), followed by Barbering (35 degrees).

In 2023, the most specialized majors across all degree types at Hair Academy-New Carrollton Campus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (165 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 Hair Academy-New Carrollton Campus are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Hair Academy-New Carrollton Campus in 2023 are Personal & Culinary Services (165 degrees awarded) (as of 2023).

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 Hair Academy-New Carrollton Campus are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Hair Academy-New Carrollton Campus are Personal & Culinary Services (165 degrees awarded) (as of 2023).

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 Hair Academy-New Carrollton Campus are Restaurants & Food Services (10,934 people), uninformed (2,945 people), Funeral homes, & cemeteries & crematories (2,828 people), Elementary & secondary schools (2,087 people), and Traveler accommodation (1,672 people).

The most specialized majors at Hair Academy-New Carrollton Campus are Personal & Culinary Services (165 degrees awarded) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Hair Academy-New Carrollton Campus.

Most Common (2023)

General Cosmetology
39 degrees awarded
Barbering
35 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Hair Academy-New Carrollton Campus was General Cosmetology with 39 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Hair Academy-New Carrollton Campus according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

131

Degrees Awarded to Women

in 2023

In 2023, 34 degrees were awarded to men at Hair Academy-New Carrollton Campus, which is 0.26 times less than the number of degrees awarded to females (131).

This chart displays the sex disparity between the top 5 majors at Hair Academy-New Carrollton Campus by degrees awarded.

Most Common Male Majors

In 2023, 28 degrees were awarded to men at Hair Academy-New Carrollton Campus in Barbering, which is 4 times more than the 7 female recipients with that same degree.

Most Common Female Majors

In 2023, 86 degrees were awarded to men at Hair Academy-New Carrollton Campus in Aesthetician & Skin Care Specialist, which is 17.2 times more than the 5 male recipients with that same degree.

Time to Complete

100% Completion Time

60%

150% Completion Time

In 2023, 6% of students graduating from Hair Academy-New Carrollton Campus completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% 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 (2023)

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

The most common race/ethnicity at Hair Academy-New Carrollton Campus is black or african american (156 degrees awarded). There were 31.2 times more black or african american 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 (2023)

Black or African American Female
123 degrees awarded
Black or African American Male
33 degrees awarded
Hispanic or Latino Female
4 degrees awarded

The most common race/ethnicity and sex grouping at Hair Academy-New Carrollton Campus is black or african american female (123 degrees awarded). There were 3.73 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (33 degrees).