Loraines Academy & Spa

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2019 Average Net Price
$13,878
After Financial Aid
2017 Student Loan
8.51%
Default Rate
2019 Enrolled Students
30
36.7% Full-Time

About

Loraines Academy & Spa is a higher education institution located in Pinellas County, FL. In 2016, the most popular Bachelor's Degree concentrations at Loraines Academy & Spa were .

In 2019, 58 degrees were awarded across all undergraduate and graduate programs at Loraines Academy & Spa. 98.3% of these degrees were awarded to women, and 1.72% awarded men. The most common race/ethnicity group of degree recipients was white (32 degrees), 2.91 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

The median undergraduate tuition at Loraines Academy & Spa is $0, which is $−11,750 less than the national average for ($11,750).

Costs

The median undergraduate tuition at Loraines Academy & Spa is $0, which is $−11,750 less than the national average for ($11,750).

After taking grants and loans into account, the average net price for students is $13,878.

In 2019, 59% of undergraduate students received federal grants, while 53% of undergraduate students received federal loans.

Average Net Price

$13,878
2019 Value
27.4%
1 Year Growth

In 2019 Loraines Academy & Spa had an average net price — the price paid after factoring in grants and loans — of $13,878. Between 2018 and 2019, the average net price of Loraines Academy & Spa grew by 27.4%.

This chart compares the average net price of Loraines Academy & Spa (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

Financial Aid by Income Level

59%
Of Undergraduates Receive Grants
53%
Of Undergraduates Receive Federal Loans

59% of undergraduate students at Loraines Academy & Spa received grants or loans in 2019. This represents a growth of 3.51% with respect to 2018, when 57% of undergraduate students received financial aid.

This chart compares the average award discount at Loraines Academy & Spa (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.
8.51%
2017 Default Rate
8
Number of Defaults

In 2017 the default rate for borrower's at Loraines Academy & Spa was 8.51%, which represents 8 out of the 94 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

Loraines Academy & Spa has a total enrollment of 30 students. The full-time enrollment at Loraines Academy & Spa is 11 students and the part-time enrollment is 19. This means that 36.7% of students enrolled at Loraines Academy & Spa are enrolled full-time.

The enrolled student population at Loraines Academy & Spa, both undergraduate and graduate, is 46.7% White, 30% Black or African American, 13.3% Hispanic or Latino, 6.67% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Loraines Academy & Spa in full-time Undergraduate programs are most commonly White Female (54.5%), followed by Hispanic or Latino Female (18.2%) and Black or African American Female (9.09%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

36.7%
Full-Time Enrollment

The total enrollment at Loraines Academy & Spa, both undergraduate and graduate, is 30 students. The full-time enrollment at Loraines Academy & Spa is 11 and the part-time enrollment is 19. This means that 36.7% of students enrolled at Loraines Academy & Spa are enrolled full-time compared with 69.5% at similar .

This chart shows the full-time vs part-time enrollment status at Loraines Academy & Spa (in red) compares to similar universities.

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Retention Rate over Time

67%
2019 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 Loraines Academy & Spa was 67%. Compared with the full-time retention rate at similar (78%), Loraines Academy & Spa had a retention rate lower than its peers.

This chart shows the retention rate over time at Loraines Academy & Spa (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    14
  2. Black or African American
    9
  3. Hispanic or Latino
    4

The enrolled student population at Loraines Academy & Spa is 46.7% White, 30% Black or African American, 13.3% Hispanic or Latino, 6.67% Two or More Races, 0% Asian, 0% Native Hawaiian or Other Pacific Islanders, and 0% 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 40.5% White, 25.8% Hispanic or Latino, and 18.8% Black or African American.

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Graduates

In 2019, 56 more women than men received degrees from Loraines Academy & Spa. The most common race/ethnicity group of degree recipients at Loraines Academy & Spa is white (32 degrees awarded). There were 2.91 times more white graduates than the next closest race/ethnicity group, black or african american (11 degrees).

The most common Bachelor's Degree concentration at Loraines Academy & Spa is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Loraines Academy & Spa, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (52 degrees awarded) and Health (6 degrees).

Workforce

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 Loraines Academy & Spa are Registered nurses (1,370,804 people), Medical & health services managers (143,726 people), Pharmacists (133,114 people), Nurse practitioners & nurse midwives (128,961 people), and Physicians (98,309 people).

The most specialized majors at Loraines Academy & Spa are Personal & Culinary Services (52 degrees awarded) and Health (6 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Loraines Academy & Spa are Surgeons, Physicians, Chief executives & legislators, Dentists, and Nurse anesthetists

The most specialized majors at Loraines Academy & Spa are Personal & Culinary Services (52 degrees awarded) and Health (6 degrees).

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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 Loraines Academy & Spa are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,441,121 people), Outpatient care centers (221,078 people), Offices of physicians (215,219 people), Elementary & secondary schools (195,762 people), and Colleges, universities & professional schools, including junior colleges (122,882 people).

The most specialized majors at Loraines Academy & Spa are Personal & Culinary Services (52 degrees awarded) and Health (6 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Loraines Academy & Spa.
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Loraines Academy & Spa was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Loraines Academy & Spa according to their major.

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Gender Breakdown for Common Majors

1
Degrees Awarded to Men
in 2019
57
Degrees Awarded to Women
in 2019

In 2019, 1 degrees were awarded to men at Loraines Academy & Spa, which is 0.0175 times less than the number of degrees awarded to females (57).

This chart displays the gender disparity between the top 5 majors at Loraines Academy & Spa by degrees awarded.

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Most Common Male Majors

In false, 1 degrees were awarded to men at Loraines Academy & Spa in Massage Therapy, which is 0.2 times less than the 5 female recipients with that same degree.

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Most Common Female Majors

In false, 38 degrees were awarded to women at Loraines Academy & Spa in Aesthetician & Skin Care Specialist, which is Infinityk times more than the 0 male recipients with that same degree.

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Time to Complete

26%
100% Completion Time
63%
150% Completion Time

In 2019, 26% of students graduating from Loraines Academy & Spa completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Loraines Academy & Spa is N/A and N/A (N/A% graduation rate). Across all , Asian Female students have the highest graduation rate (69.1%).

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.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    32 degrees awarded
  2. Black or African American
    11 degrees awarded
  3. Hispanic or Latino
    8 degrees awarded

The most common race/ethnicity at Loraines Academy & Spa is white (32 degrees awarded). There were 2.91 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

3.45% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    31 degrees awarded
  2. Black or African American Female
    11 degrees awarded
  3. Hispanic or Latino Female
    8 degrees awarded

The most common race/ethnicity and gender grouping at Loraines Academy & Spa is white female (31 degrees awarded). There were 2.82 times more white female recipients than the next closest race/ethnicity group, black or african american female (11 degrees).

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Operations

Loraines Academy & Spa has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNk%), compared to the 0.0946% average return ($10.2k on $10.8M) across all .

In 2019, Loraines Academy & Spa had a total salary expenditure of $N/A. Loraines Academy & Spa employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Loraines Academy & Spa are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Loraines Academy & Spa are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

$N/A
2019 Endowment
0%
growth from 2018

Loraines Academy & Spa has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of Loraines Academy & Spa stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of according to the Carnegie Classification grouping.

This line chart shows how the endowment at Loraines Academy & Spa (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $0 - Federal
  2. $0 - State
  3. $0 - Local

As of 2019, Loraines Academy & Spa received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$454k
2019 Salaries
36.4%
decline from 2018

In 2019, Loraines Academy & Spa paid a median of $454k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 36.4% decline from the previous year. This is compared to a 25.5% growth from 2017 and a 12.5% decline from 2016.

The median for similar is 605k (13.4% of overall expenditures).

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Instructional Salaries

$N/A
Instructional Salaries
0
Number of Employees

In N/A, Loraines Academy & Spa paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $338k (55.9%) for similar Unknown.

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Faculty and Staff

Occupations by Share

false
Most Common Instructor
false Employees
N/A
Most Common Non-Instructional Employee
N/A Employees

In false, the most common positions for instructional staff at Loraines Academy & Spa were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Loraines Academy & Spa were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. false
  2. false
  3. false

In false, the most common demographic for instructional staff at Loraines Academy & Spa was false with 0 employees, false with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Loraines Academy & Spa.

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