Ideal Beauty Academy (480161)

idealbeautyacademy.net

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2022 Average Net Price

$17,487

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Ideal Beauty Academy (480161) is a higher education institution located in Jefferson County, KY. In 2019, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Ideal Beauty Academy (480161) were Aesthetician & Skin Care Specialist (24 degrees awarded).

In 2021, 13 degrees were awarded across all undergraduate and graduate programs at Ideal Beauty Academy (480161). 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), 1.6 times more than then the next closest race/ethnicity group, black or african american (5 degrees).

In 2020 the default rate for borrower's at Ideal Beauty Academy (480161) was 2%, corresponding to 1 out of the 50 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 $17,487.

In 2022, 65% of undergraduate students attending Ideal Beauty Academy (480161) received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Average Net Price

$17,487

2022 Value

24.9%

1 Year Growth

In 2022 Ideal Beauty Academy (480161) had an average net price — the price paid after factoring in grants and loans — of $17,487. Between 2021 and 2022, the average net price of Ideal Beauty Academy (480161) grew by 24.9%.

This chart compares the average net price of Ideal Beauty Academy (480161) (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

65%

Undergraduates Receiving Financial Aid through Grants

65%

Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at Ideal Beauty Academy (480161) received financial aid through grants or loans in 2022. This represents a growth of 54.8% with respect to 2021, when 42% of undergraduate students received financial aid.

This chart compares the average award discount at Ideal Beauty Academy (480161) (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 Ideal Beauty Academy (480161) was 2%, which represents 1 out of the 50 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

Ideal Beauty Academy (480161) had a total enrollment of 12 students in 2022. The full-time enrollment at Ideal Beauty Academy (480161) is 12 students and the part-time enrollment is 0. This means that 100% of students enrolled at Ideal Beauty Academy (480161) are enrolled full-time.

The enrolled student population at Ideal Beauty Academy (480161), both undergraduate and graduate, is 50% Black or African American, 41.7% White, and 8.33% Hispanic or Latino.

Students enrolled at Ideal Beauty Academy (480161) in full-time Undergraduate programs are most commonly Black or African American Female (41.7%), followed by White Female (41.7%) and Black or African American Male (8.33%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Ideal Beauty Academy (480161) in 2022, both undergraduate and graduate, is 12 students. The full-time enrollment at Ideal Beauty Academy (480161) is 12 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Ideal Beauty Academy (480161) (in red) compares to similar universities.

Retention Rate over Time

100%

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 Ideal Beauty Academy (480161) was 100%.

This chart shows the retention rate over time at Ideal Beauty Academy (480161) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
6 enrolled students
White
5 enrolled students
Hispanic or Latino
1 enrolled students

The enrolled student population at Ideal Beauty Academy (480161) is 50% Black or African American, 41.7% White, and 8.33% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2021, 13 more women than men received degrees from Ideal Beauty Academy (480161). The most common race/ethnicity group of degree recipients at Ideal Beauty Academy (480161) is white (8 degrees awarded). There were 1.6 times more white recipients than the next closest race/ethnicity group, black or african american (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Ideal Beauty Academy (480161) is Aesthetician & Skin Care Specialist (24 degrees awarded).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Ideal Beauty Academy (480161).

Aesthetician & Skin Care Specialist

Most Common (2019)

24 degrees awarded

In 2019, the most common 1 to 2 year postsecondary certificate concentration at Ideal Beauty Academy (480161) was Aesthetician & Skin Care Specialist with 24 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Ideal Beauty Academy (480161) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 0 degrees were awarded to men at Ideal Beauty Academy (480161), which is 0 times less than the number of degrees awarded to females (13).

This chart displays the sex disparity between the top 5 majors at Ideal Beauty Academy (480161) by degrees awarded.

Most Common Female Majors

In 2022, 14 degrees were awarded to women at Ideal Beauty Academy (480161) in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

Time to Complete

50%

100% Completion Time

50%

150% Completion Time

In 2022, 50% of students graduating from Ideal Beauty Academy (480161) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 50% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2018 at Ideal Beauty Academy (480161) is Male 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 (2022)

White
8 degrees awarded
Black or African American
5 degrees awarded
Native Hawaiian or Other Pacific Islanders
1 degrees awarded

The most common race/ethnicity at Ideal Beauty Academy (480161) is white (8 degrees awarded). There were 1.6 times more white recipients than the next closest race/ethnicity group, black or african american (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
8 degrees awarded
Black or African American Female
5 degrees awarded
Native Hawaiian or Other Pacific Islanders Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Ideal Beauty Academy (480161) is white female (8 degrees awarded). There were 1.6 times more white female recipients than the next closest race/ethnicity group, black or african american female (5 degrees).

Operations

Salary Expenditure

$76k

2022 Salaries

1.33%

growth from 2021

In 2022, Ideal Beauty Academy (480161) paid a median of $76k in salaries, a 1.33% growth from the previous year. This is compared to a 49.7% growth between 2020 and 2021, and a 0.16% growth between 2019 and 2020.

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

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