Hairmasters Institute of Cosmetology

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    2023 Average Net Price
    $7,880
    After Financial Aid
    2023 Enrolled Students
    77
    58.4% Full-Time

    About

    Hairmasters Institute of Cosmetology is a higher education institution located in McLean County, IL. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hairmasters Institute of Cosmetology were General Cosmetology (28 degrees awarded) and Cosmetology, Barber, & Nail Instructor (3 degrees).

    In 2023, 31 degrees were awarded across all undergraduate and graduate programs at Hairmasters Institute of Cosmetology. 96.8% of these degrees were awarded to women, and 3.23% awarded men. The most common race/ethnicity group of degree recipients was white (17 degrees), 2.13 times more than then the next closest race/ethnicity group, black or african american (8 degrees).

    Costs

    After taking grants and loans into account, the average net price for students is $7,880.

    In 2023, 91% of undergraduate students attending Hairmasters Institute of Cosmetology received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

    Average Net Price

    $7,880
    2023 Value
    3.08%
    1 Year Growth

    In 2023 Hairmasters Institute of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $7,880. Between 2022 and 2023, the average net price of Hairmasters Institute of Cosmetology grew by 3.08%.

    This chart compares the average net price of Hairmasters Institute 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

    91%
    Undergraduates Receiving Financial Aid through Grants
    60%
    Undergraduates Receiving Financial Aid through Loans

    91% of undergraduate students at Hairmasters Institute of Cosmetology received financial aid through grants or loans in 2023. This represents a growth of 51.7% with respect to 2022, when 60% of undergraduate students received financial aid.

    This chart compares the average award discount at Hairmasters Institute 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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    Enrollment

    Hairmasters Institute of Cosmetology had a total enrollment of 77 students in 2023. The full-time enrollment at Hairmasters Institute of Cosmetology is 45 students and the part-time enrollment is 32. This means that 58.4% of students enrolled at Hairmasters Institute of Cosmetology are enrolled full-time.

    The enrolled student population at Hairmasters Institute of Cosmetology, both undergraduate and graduate, is 42.9% White, 29.9% Black or African American, and 27.3% Hispanic or Latino.

    Students enrolled at Hairmasters Institute of Cosmetology in full-time Undergraduate programs are most commonly White Female (41.3%), followed by Hispanic or Latino Female (28.3%) and Black or African American Female (28.3%).

    Full-Time vs Part-Time Enrollment

    58.4%
    Full-Time Enrollment

    The total enrollment at Hairmasters Institute of Cosmetology in 2023, both undergraduate and graduate, is 77 students. The full-time enrollment at Hairmasters Institute of Cosmetology is 45 and the part-time enrollment is 32.

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

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    Retention Rate over Time

    86%
    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 Hairmasters Institute of Cosmetology was 86%.

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

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2023)
    1. White
      33 enrolled students
    2. Black or African American
      23 enrolled students
    3. Hispanic or Latino
      21 enrolled students

    The enrolled student population at Hairmasters Institute of Cosmetology is 42.9% White, 29.9% Black or African American, and 27.3% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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    Graduates

    In 2023, 29 more women than men received degrees from Hairmasters Institute of Cosmetology. The most common race/ethnicity group of degree recipients at Hairmasters Institute of Cosmetology is white (17 degrees awarded). There were 2.13 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

    The most common 1 to 2 Year Postsecondary Certificate concentration at Hairmasters Institute of Cosmetology is General Cosmetology (28 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (3 degrees).

    In 2023,  the most specialized majors across all degree types at Hairmasters Institute of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (31 degrees awarded).

    Common Jobs by Major

    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hairmasters Institute of Cosmetology are Chefs & head cooks (8,029 people), Morticians, undertakers, & funeral directors (2,563 people), Cooks (2,527 people), Food service managers (2,129 people), and Other managers (1,234 people).

    The most specialized majors at Hairmasters Institute of Cosmetology in 2023 are Personal & Culinary Services (31 degrees awarded) (as of 2023).

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    Highest Paying Jobs by Major

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hairmasters Institute of Cosmetology are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

    The most specialized majors at Hairmasters Institute of Cosmetology are Personal & Culinary Services (31 degrees awarded) (as of 2023).

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    Common Industries by Major

    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Hairmasters Institute of Cosmetology are Restaurants & Food Services (10,067 people), Funeral homes, & cemeteries & crematories (2,964 people), Elementary & secondary schools (2,291 people), Traveler accommodation (1,906 people), and Construction (1,185 people).

    The most specialized majors at Hairmasters Institute of Cosmetology are Personal & Culinary Services (31 degrees awarded) (as of 2023).

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    Sex Breakdown for Common Majors

    1
    Degrees Awarded to Men
    in 2023
    30
    Degrees Awarded to Women
    in 2023

    In 2023, 1 degrees were awarded to men at Hairmasters Institute of Cosmetology, which is 0.0333 times less than the number of degrees awarded to females (30).

    This chart displays the sex disparity between the top 5 majors at Hairmasters Institute of Cosmetology by degrees awarded.

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    Most Common Male Majors

    In 2023, 1 degrees were awarded to men at Hairmasters Institute of Cosmetology in General Cosmetology, which is 0.037 times less than the 27 female recipients with that same degree.

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    Most Common Female Majors

    In 2023, 27 degrees were awarded to men at Hairmasters Institute of Cosmetology in General Cosmetology, which is 27 times more than the 1 male recipients with that same degree.

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    Time to Complete

    75%
    100% Completion Time
    86%
    150% Completion Time

    In 2023, 75% of students graduating from Hairmasters Institute of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 86% 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 (2023)
    1. White
      17 degrees awarded
    2. Black or African American
      8 degrees awarded
    3. Hispanic or Latino
      6 degrees awarded

    The most common race/ethnicity at Hairmasters Institute of Cosmetology is white (17 degrees awarded). There were 2.13 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2023)
    1. White Female
      55 degrees awarded
    2. White Female
      53 degrees awarded
    3. White Female
      52 degrees awarded

    The most common race/ethnicity and sex grouping at Hairmasters Institute of Cosmetology is white female (55 degrees awarded). There were 1.04 times more white female recipients than the next closest race/ethnicity group, white female (53 degrees).

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