Hastings Beauty School

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2022 Average Net Price
$16,192
After Financial Aid
2020 Default Rate
2.17%
on Student Loans
2022 Enrolled Students
13
100% Full-Time

About

Hastings Beauty School is a higher education institution located in Dakota County, MN. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hastings Beauty School were General Cosmetology (9 degrees awarded).

In 2021, 11 degrees were awarded across all undergraduate and graduate programs at Hastings Beauty School. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (8 degrees), 8 times more than then the next closest race/ethnicity group, black or african american (1 degrees).

In 2020 the default rate for borrower's at Hastings Beauty School was 2.17%, corresponding to 1 out of the 46 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $16,192.

In 2022, 54% of undergraduate students attending Hastings Beauty School received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Average Net Price

$16,192
2022 Value
25.3%
1 Year Growth

In 2022 Hastings Beauty School had an average net price — the price paid after factoring in grants and loans — of $16,192. Between 2021 and 2022, the average net price of Hastings Beauty School grew by 25.3%.

This chart compares the average net price of Hastings Beauty School (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

54%
Undergraduates Receiving Financial Aid through Grants
61%
Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Hastings Beauty School received financial aid through grants or loans in 2022. This represents a growth of 260% with respect to 2021, when 15% of undergraduate students received financial aid.

This chart compares the average award discount at Hastings Beauty School (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.
2.17%
2020 Default Rate
1
Number of Defaults

In 2020 the default rate for borrower's at Hastings Beauty School was 2.17%, which represents 1 out of the 46 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

Hastings Beauty School had a total enrollment of 13 students in 2022. The full-time enrollment at Hastings Beauty School is 13 students and the part-time enrollment is 0. This means that 100% of students enrolled at Hastings Beauty School are enrolled full-time.

The enrolled student population at Hastings Beauty School, both undergraduate and graduate, is 76.9% White, 15.4% Hispanic or Latino, and 7.69% American Indian or Alaska Native.

Students enrolled at Hastings Beauty School in full-time Undergraduate programs are most commonly White Female (76.9%), followed by Hispanic or Latino Female (15.4%) and American Indian or Alaska Native Female (7.69%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Hastings Beauty School in 2022, both undergraduate and graduate, is 13 students. The full-time enrollment at Hastings Beauty School is 13 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Hastings Beauty School (in red) compares to similar universities.

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Retention Rate over Time

73%
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 Hastings Beauty School was 73%.

This chart shows the retention rate over time at Hastings Beauty School (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    10 enrolled students
  2. Hispanic or Latino
    2 enrolled students
  3. American Indian or Alaska Native
    1 enrolled students

The enrolled student population at Hastings Beauty School is 76.9% White, 15.4% Hispanic or Latino, and 7.69% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2021, 11 more women than men received degrees from Hastings Beauty School. The most common race/ethnicity group of degree recipients at Hastings Beauty School is white (8 degrees awarded). There were 8 times more white recipients than the next closest race/ethnicity group, black or african american (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hastings Beauty School is General Cosmetology (9 degrees awarded).

In 2022,  the most specialized majors across all degree types at Hastings Beauty School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (9 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 Hastings Beauty School are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Hastings Beauty School in 2022 are Personal & Culinary Services (9 degrees awarded) (as of 2022).

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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 Hastings Beauty School are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Hastings Beauty School are Personal & Culinary Services (9 degrees awarded) (as of 2022).

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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 Hastings Beauty School are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Hastings Beauty School are Personal & Culinary Services (9 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Hastings Beauty School.
Most Common (2022)
9 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Hastings Beauty School was General Cosmetology with 9 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Hastings Beauty School according to their major.

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Sex Breakdown for Common Majors

0
Degrees Awarded to Men
in 2021
11
Degrees Awarded to Women
in 2021

In 2021, 0 degrees were awarded to men at Hastings Beauty School, which is 0 times less than the number of degrees awarded to females (11).

This chart displays the sex disparity between the top 5 majors at Hastings Beauty School by degrees awarded.

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Most Common Female Majors

In 2022, 9 degrees were awarded to women at Hastings Beauty School in General Cosmetology. There were no male recipients with the same degree.

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Time to Complete

68%
100% Completion Time
68%
150% Completion Time

In 2022, 68% of students graduating from Hastings Beauty School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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. White
    8 degrees awarded
  2. Black or African American
    1 degrees awarded

The most common race/ethnicity at Hastings Beauty School is white (8 degrees awarded). There were 8 times more white recipients than the next closest race/ethnicity group, black or african american (1 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. White Female
    8 degrees awarded
  2. Black or African American Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Hastings Beauty School is white female (8 degrees awarded). There were 8 times more white female recipients than the next closest race/ethnicity group, black or african american female (1 degrees).

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Operations

Salary Expenditure

$131k
2022 Salaries
20.3%
growth from 2021

In 2022, Hastings Beauty School paid a median of $131k in salaries, a 20.3% growth from the previous year. This is compared to a 3.1% decline between 2020 and 2021, and a 0.299% decline between 2019 and 2020.

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

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