Lowell Academy Hairstyling Institute (166498)

www.lowellacademy.com

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2023 Average Net Price
$16,686
After Financial Aid
2021 Default Rate
1.4%
on Student Loans
2023 Enrolled Students
59
54.2% Full-Time

About

Lowell Academy Hairstyling Institute (166498) is a higher education institution located in Middlesex County, MA. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lowell Academy Hairstyling Institute (166498) were General Cosmetology (36 degrees awarded).

In 2023, 36 degrees were awarded across all undergraduate and graduate programs at Lowell Academy Hairstyling Institute (166498). 97.2% of these degrees were awarded to women, and 2.78% awarded men. The most common race/ethnicity group of degree recipients was white (27 degrees), 3.86 times more than then the next closest race/ethnicity group, hispanic or latino (7 degrees).

In 2021 the default rate for borrower's at Lowell Academy Hairstyling Institute (166498) was 1.4%, corresponding to 2 out of the 143 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 $16,686.

In 2023, 24% of undergraduate students attending Lowell Academy Hairstyling Institute (166498) received financial aid through grants. Comparatively, 22% of undergraduate students received financial aid through loans.

Average Net Price

$16,686
2023 Value
13.2%
1 Year Growth

In 2023 Lowell Academy Hairstyling Institute (166498) had an average net price — the price paid after factoring in grants and loans — of $16,686. Between 2022 and 2023, the average net price of Lowell Academy Hairstyling Institute (166498) grew by 13.2%.

This chart compares the average net price of Lowell Academy Hairstyling Institute (166498) (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

24%
Undergraduates Receiving Financial Aid through Grants
22%
Undergraduates Receiving Financial Aid through Loans

24% of undergraduate students at Lowell Academy Hairstyling Institute (166498) received financial aid through grants or loans in 2023. This represents a decline of 61.9% with respect to 2022, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Lowell Academy Hairstyling Institute (166498) (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.
1.4%
2021 Default Rate
2
Number of Defaults

In 2021 the default rate for borrower's at Lowell Academy Hairstyling Institute (166498) was 1.4%, which represents 2 out of the 143 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

Lowell Academy Hairstyling Institute (166498) had a total enrollment of 59 students in 2023. The full-time enrollment at Lowell Academy Hairstyling Institute (166498) is 32 students and the part-time enrollment is 27. This means that 54.2% of students enrolled at Lowell Academy Hairstyling Institute (166498) are enrolled full-time.

The enrolled student population at Lowell Academy Hairstyling Institute (166498), both undergraduate and graduate, is 59.3% White, 20.3% Hispanic or Latino, 10.2% Asian, 6.78% Black or African American, and 1.69% Two or More Races.

Students enrolled at Lowell Academy Hairstyling Institute (166498) in full-time Undergraduate programs are most commonly White Female (67.2%), followed by Hispanic or Latino Female (16.4%) and Asian Female (6.56%).

Full-Time vs Part-Time Enrollment

54.2%
Full-Time Enrollment

The total enrollment at Lowell Academy Hairstyling Institute (166498) in 2023, both undergraduate and graduate, is 59 students. The full-time enrollment at Lowell Academy Hairstyling Institute (166498) is 32 and the part-time enrollment is 27.

This chart shows the full-time vs part-time enrollment status at Lowell Academy Hairstyling Institute (166498) (in red) compares to similar universities.

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Retention Rate over Time

67%
2023 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 Lowell Academy Hairstyling Institute (166498) was 67%.

This chart shows the retention rate over time at Lowell Academy Hairstyling Institute (166498) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    35 enrolled students
  2. Hispanic or Latino
    12 enrolled students
  3. Asian
    6 enrolled students

The enrolled student population at Lowell Academy Hairstyling Institute (166498) is 59.3% White, 20.3% Hispanic or Latino, 10.2% Asian, 6.78% Black or African American, and 1.69% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 34 more women than men received degrees from Lowell Academy Hairstyling Institute (166498). The most common race/ethnicity group of degree recipients at Lowell Academy Hairstyling Institute (166498) is white (27 degrees awarded). There were 3.86 times more white recipients than the next closest race/ethnicity group, hispanic or latino (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lowell Academy Hairstyling Institute (166498) is General Cosmetology (36 degrees awarded).

In 2023,  the most specialized majors across all degree types at Lowell Academy Hairstyling Institute (166498), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (36 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 Lowell Academy Hairstyling Institute (166498) are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Lowell Academy Hairstyling Institute (166498) in 2023 are Personal & Culinary Services (36 degrees awarded) (as of 2023).

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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 Lowell Academy Hairstyling Institute (166498) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Lowell Academy Hairstyling Institute (166498) are Personal & Culinary Services (36 degrees awarded) (as of 2023).

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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 Lowell Academy Hairstyling Institute (166498) are Restaurants & Food Services (10,934 people), uninformed (2,945 people), Funeral homes, & cemeteries & crematories (2,828 people), Elementary & secondary schools (2,087 people), and Traveler accommodation (1,672 people).

The most specialized majors at Lowell Academy Hairstyling Institute (166498) are Personal & Culinary Services (36 degrees awarded) (as of 2023).

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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 Lowell Academy Hairstyling Institute (166498).
General Cosmetology
Most Common (2023)
36 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Lowell Academy Hairstyling Institute (166498) was General Cosmetology with 36 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Lowell Academy Hairstyling Institute (166498) according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2023
35
Degrees Awarded to Women
in 2023

In 2023, 1 degrees were awarded to men at Lowell Academy Hairstyling Institute (166498), which is 0.0286 times less than the number of degrees awarded to females (35).

This chart displays the sex disparity between the top 5 majors at Lowell Academy Hairstyling Institute (166498) by degrees awarded.

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Most Common Male Majors

In 2023, 1 degrees were awarded to men at Lowell Academy Hairstyling Institute (166498) in General Cosmetology, which is 0.0286 times less than the 35 female recipients with that same degree.

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Most Common Female Majors

In 2023, 35 degrees were awarded to men at Lowell Academy Hairstyling Institute (166498) in General Cosmetology, which is 35 times more than the 1 male recipients with that same degree.

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Time to Complete

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

In 2023, 62% of students graduating from Lowell Academy Hairstyling Institute (166498) 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

Most Common Student Race or Ethnicity (2023)
  1. White
    27 degrees awarded
  2. Hispanic or Latino
    7 degrees awarded
  3. Asian
    1 degrees awarded

The most common race/ethnicity at Lowell Academy Hairstyling Institute (166498) is white (27 degrees awarded). There were 3.86 times more white recipients than the next closest race/ethnicity group, hispanic or latino (7 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    27 degrees awarded
  2. Hispanic or Latino Female
    7 degrees awarded
  3. Asian Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Lowell Academy Hairstyling Institute (166498) is white female (27 degrees awarded). There were 3.86 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (7 degrees).

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Operations

Salary Expenditure

$296k
2023 Salaries
87.4%
growth from 2022

In 2023, Lowell Academy Hairstyling Institute (166498) paid a median of $296k in salaries, a 87.4% growth from the previous year. This is compared to a 19.9% growth between 2021 and 2022, and a 64.1% decline between 2020 and 2021.

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