Laredo CHI Academy Beauty School

www.laredochi.com

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2022 Average Net Price

$9,627

After Financial Aid

2020 Default Rate

16.7%

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Laredo CHI Academy Beauty School is a higher education institution located in Webb County, TX. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Laredo CHI Academy Beauty School were General Cosmetology (28 degrees awarded).

In 2021, 43 degrees were awarded across all undergraduate and graduate programs at Laredo CHI Academy Beauty School. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (43 degrees).

In 2020 the default rate for borrower's at Laredo CHI Academy Beauty School was 16.7%, corresponding to 3 out of the 18 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 $9,627.

In 2022, 59% of undergraduate students attending Laredo CHI Academy Beauty School received financial aid through grants.

Average Net Price

$9,627

2022 Value

6.37%

1 Year Growth

In 2022 Laredo CHI Academy Beauty School had an average net price — the price paid after factoring in grants and loans — of $9,627. Between 2021 and 2022, the average net price of Laredo CHI Academy Beauty School grew by 6.37%.

This chart compares the average net price of Laredo CHI Academy 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.

Financial Aid by Income Level

59%

Undergraduates Receiving Financial Aid through Grants

59% of undergraduate students at Laredo CHI Academy Beauty School received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 59% of undergraduate students received financial aid.

This chart compares the average award discount at Laredo CHI Academy 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.

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.

16.7%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Laredo CHI Academy Beauty School was 16.7%, which represents 3 out of the 18 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

Laredo CHI Academy Beauty School had a total enrollment of 57 students in 2022. The full-time enrollment at Laredo CHI Academy Beauty School is 57 students and the part-time enrollment is 0. This means that 100% of students enrolled at Laredo CHI Academy Beauty School are enrolled full-time.

The enrolled student population at Laredo CHI Academy Beauty School, both undergraduate and graduate, is 100% Hispanic or Latino.

Students enrolled at Laredo CHI Academy Beauty School in full-time Undergraduate programs are most commonly Hispanic or Latino Female (98.2%), followed by Hispanic or Latino Male (1.75%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Laredo CHI Academy Beauty School in 2022, both undergraduate and graduate, is 57 students. The full-time enrollment at Laredo CHI Academy Beauty School is 57 and the part-time enrollment is 0.

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

Retention Rate over Time

81%

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 Laredo CHI Academy Beauty School was 81%.

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

Enrollment by Race & Ethnicity

Hispanic or Latino

Most Common Race or Ethnicity (2022)

57 enrolled students

The enrolled student population at Laredo CHI Academy Beauty School is 100% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2021, 43 more women than men received degrees from Laredo CHI Academy Beauty School. The most common race/ethnicity group of degree recipients at Laredo CHI Academy Beauty School is hispanic or latino (43 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Laredo CHI Academy Beauty School is General Cosmetology (28 degrees awarded).

In 2022, the most specialized majors across all degree types at Laredo CHI Academy Beauty School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (43 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 Laredo CHI Academy 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 Laredo CHI Academy Beauty School in 2022 are Personal & Culinary Services (43 degrees awarded) (as of 2022).

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

The most specialized majors at Laredo CHI Academy Beauty School are Personal & Culinary Services (43 degrees awarded) (as of 2022).

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 Laredo CHI Academy 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 Laredo CHI Academy Beauty School are Personal & Culinary Services (43 degrees awarded) (as of 2022).

Majors Awarded

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

General Cosmetology

Most Common (2022)

28 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Laredo CHI Academy Beauty School was General Cosmetology with 28 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Laredo CHI Academy Beauty School 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 Laredo CHI Academy Beauty School, which is 0 times less than the number of degrees awarded to females (43).

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

Most Common Female Majors

In 2022, 28 degrees were awarded to women at Laredo CHI Academy Beauty School in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

27%

100% Completion Time

64%

150% Completion Time

In 2022, 27% of students graduating from Laredo CHI Academy Beauty School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% 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

Hispanic or Latino

Most Common Student Race or Ethnicity (2022)

43 degrees awarded

The most common race/ethnicity at Laredo CHI Academy Beauty School is hispanic or latino (43 degrees awarded).

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

Race & Ethnicity by Sex

Hispanic or Latino Female

Most Common Sex Demographic (2022)

43 degrees awarded

The most common race/ethnicity and sex grouping at Laredo CHI Academy Beauty School is hispanic or latino female (43 degrees awarded).

Operations

Salary Expenditure

$161k

2022 Salaries

13%

decline from 2021

In 2022, Laredo CHI Academy Beauty School paid a median of $161k in salaries, a 13% decline from the previous year. This is compared to a 21.6% growth between 2020 and 2021, and a 14.5% growth between 2019 and 2020.

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

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