Institute of Beauty Careers

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2021 Average Net Price
$7,194
After Financial Aid
2019 Student Loan
4.56%
Default Rate
2021 Enrolled Students
220
100% Full-Time

About

Institute of Beauty Careers is a higher education institution located in Arecibo Municipio, PR. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Institute of Beauty Careers were General Cosmetology (40 degrees awarded), Aesthetician & Skin Care Specialist (27 degrees), and Barbering (24 degrees).

In 2021, 115 degrees were awarded across all undergraduate and graduate programs at Institute of Beauty Careers. 77.4% of these degrees were awarded to women, and 22.6% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (115 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $7,194.

In 2021, 88% of undergraduate students attending Institute of Beauty Careers received financial aid through grants.

Average Net Price

$7,194
2021 Value
90.3%
1 Year Growth

In 2021 Institute of Beauty Careers had an average net price — the price paid after factoring in grants and loans — of $7,194. Between 2020 and 2021, the average net price of Institute of Beauty Careers grew by 90.3%.

This chart compares the average net price of Institute of Beauty Careers (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

88%
Undergraduates Receiving Financial Aid through Grants

88% of undergraduate students at Institute of Beauty Careers received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Institute of Beauty Careers (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.
4.56%
2019 Default Rate
86
Number of Defaults

In 2019 the default rate for borrower's at Institute of Beauty Careers was 4.56%, which represents 86 out of the 1884 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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bookEnrollment

Institute of Beauty Careers had a total enrollment of 220 students in 2021. The full-time enrollment at Institute of Beauty Careers is 220 students and the part-time enrollment is 0. This means that 100% of students enrolled at Institute of Beauty Careers are enrolled full-time.

The enrolled student population at Institute of Beauty Careers, both undergraduate and graduate, is 99.5% Hispanic or Latino and 0.455% American Indian or Alaska Native.

Students enrolled at Institute of Beauty Careers in full-time Undergraduate programs are most commonly Hispanic or Latino Female (74.1%), followed by Hispanic or Latino Male (25.5%) and American Indian or Alaska Native Female (0.455%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Institute of Beauty Careers in 2021, both undergraduate and graduate, is 220 students. The full-time enrollment at Institute of Beauty Careers is 220 and the part-time enrollment is 0.

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

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Retention Rate over Time

70%
2021 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 Institute of Beauty Careers was 70%. Compared with the full-time retention rate at similar (77%), Institute of Beauty Careers had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Hispanic or Latino
    219 enrolled students
  2. American Indian or Alaska Native
    1 enrolled students

The enrolled student population at Institute of Beauty Careers is 99.5% Hispanic or Latino and 0.455% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 63 more women than men received degrees from Institute of Beauty Careers. The most common race/ethnicity group of degree recipients at Institute of Beauty Careers is hispanic or latino (115 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Institute of Beauty Careers is General Cosmetology (40 degrees awarded), followed by Aesthetician & Skin Care Specialist (27 degrees) and Barbering (24 degrees).

In 2021,  the most specialized majors across all degree types at Institute of Beauty Careers, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (114 degrees awarded) and Health (1 degrees).

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 Institute of Beauty Careers are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Institute of Beauty Careers in 2021 are Personal & Culinary Services (114 degrees awarded) and Health (1 degrees) (as of 2021).

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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 Institute of Beauty Careers are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Institute of Beauty Careers are Personal & Culinary Services (114 degrees awarded) and Health (1 degrees) (as of 2021).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Institute of Beauty Careers are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

The most specialized majors at Institute of Beauty Careers are Personal & Culinary Services (114 degrees awarded) and Health (1 degrees) (as of 2021).

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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 Institute of Beauty Careers.
Most Common (2021)
  1. 40 degree-majors awarded
  2. 27 degree-majors awarded
  3. 24 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Institute of Beauty Careers was General Cosmetology with 40 degrees awarded.

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

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Sex Breakdown for Common Majors

26
Degrees Awarded to Men
in 2021
89
Degrees Awarded to Women
in 2021

In 2021, 26 degrees were awarded to men at Institute of Beauty Careers, which is 0.292 times less than the number of degrees awarded to females (89).

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

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Most Common Male Majors

In 2021, 23 degrees were awarded to men at Institute of Beauty Careers in Barbering, which is 23 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2021, 37 degrees were awarded to men at Institute of Beauty Careers in General Cosmetology, which is 12.3 times more than the 3 male recipients with that same degree.

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Time to Complete

52%
100% Completion Time
62%
150% Completion Time

In 2021, 52% of students graduating from Institute of Beauty Careers completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 62% 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

Hispanic or Latino
Most Common Student Race or Ethnicity (2021)
115 degrees awarded

The most common race/ethnicity at Institute of Beauty Careers is hispanic or latino (115 degrees awarded).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    89 degrees awarded
  2. Hispanic or Latino Male
    26 degrees awarded

The most common race/ethnicity and sex grouping at Institute of Beauty Careers is hispanic or latino female (89 degrees awarded). There were 3.42 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (26 degrees).

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briefcaseOperations

Salary Expenditure

$312k
2021 Salaries
21.5%
decline from 2020

In 2021, Institute of Beauty Careers paid a median of $312k in salaries, a 21.5% decline from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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