Luckes Beauty Academy LLC

www.luckesbeautyacademy.com

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2023 Average Net Price
$9,833
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
21
19% Full-Time

About

Luckes Beauty Academy LLC is a higher education institution located in Newport News city, VA. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Luckes Beauty Academy LLC were General Cosmetology (9 degrees awarded).

In 2022, 12 degrees were awarded across all undergraduate and graduate programs at Luckes Beauty Academy LLC. 91.7% of these degrees were awarded to women, and 8.33% awarded men. The most common race/ethnicity group of degree recipients was black or african american (7 degrees), 3.5 times more than then the next closest race/ethnicity group, hispanic or latino (2 degrees).

In 2022 the default rate for borrower's at Luckes Beauty Academy LLC was 0%, corresponding to 0 out of the 82 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 $9,833.

In 2023, 73% of undergraduate students attending Luckes Beauty Academy LLC received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Average Net Price

$9,833
2023 Value
44.9%
1 Year Growth

In 2023 Luckes Beauty Academy LLC had an average net price — the price paid after factoring in grants and loans — of $9,833. Between 2022 and 2023, the average net price of Luckes Beauty Academy LLC grew by 44.9%.

This chart compares the average net price of Luckes Beauty Academy LLC (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

73%
Undergraduates Receiving Financial Aid through Grants
64%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Luckes Beauty Academy LLC received financial aid through grants or loans in 2023. This represents a growth of 37.7% with respect to 2022, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Luckes Beauty Academy LLC (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.
0%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Luckes Beauty Academy LLC was 0%, which represents 0 out of the 82 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

Luckes Beauty Academy LLC had a total enrollment of 21 students in 2023. The full-time enrollment at Luckes Beauty Academy LLC is 4 students and the part-time enrollment is 17. This means that 19% of students enrolled at Luckes Beauty Academy LLC are enrolled full-time.

The enrolled student population at Luckes Beauty Academy LLC, both undergraduate and graduate, is 81% Black or African American, 14.3% White, and 4.76% Hispanic or Latino.

Students enrolled at Luckes Beauty Academy LLC in full-time Undergraduate programs are most commonly Black or African American Female (75%), followed by White Female (16.7%) and Hispanic or Latino Female (8.33%).

Full-Time vs Part-Time Enrollment

19%
Full-Time Enrollment

The total enrollment at Luckes Beauty Academy LLC in 2023, both undergraduate and graduate, is 21 students. The full-time enrollment at Luckes Beauty Academy LLC is 4 and the part-time enrollment is 17.

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

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Retention Rate over Time

33%
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 Luckes Beauty Academy LLC was 33%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Black or African American
    17 enrolled students
  2. White
    3 enrolled students
  3. Hispanic or Latino
    1 enrolled students

The enrolled student population at Luckes Beauty Academy LLC is 81% Black or African American, 14.3% White, and 4.76% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 10 more women than men received degrees from Luckes Beauty Academy LLC. The most common race/ethnicity group of degree recipients at Luckes Beauty Academy LLC is black or african american (7 degrees awarded). There were 3.5 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Luckes Beauty Academy LLC is General Cosmetology (9 degrees awarded).

In 2023,  the most specialized majors across all degree types at Luckes Beauty Academy LLC, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (9 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 Luckes Beauty Academy LLC 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 Luckes Beauty Academy LLC in 2023 are Personal & Culinary Services (9 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 Luckes Beauty Academy LLC are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Luckes Beauty Academy LLC are Personal & Culinary Services (9 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 Luckes Beauty Academy LLC 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 Luckes Beauty Academy LLC are Personal & Culinary Services (9 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 Luckes Beauty Academy LLC.
General Cosmetology
Most Common (2023)
9 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Luckes Beauty Academy LLC was General Cosmetology with 9 degrees awarded.

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

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2022
11
Degrees Awarded to Women
in 2022

In 2022, 1 degrees were awarded to men at Luckes Beauty Academy LLC, which is 0.0909 times less than the number of degrees awarded to females (11).

This chart displays the sex disparity between the top 5 majors at Luckes Beauty Academy LLC by degrees awarded.

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Most Common Male Majors

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Most Common Female Majors

In 2023, 9 degrees were awarded to women at Luckes Beauty Academy LLC in General Cosmetology. There were no male recipients with the same degree.

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Time to Complete

50%
150% Completion Time

In 2023, 50% of students graduating from Luckes Beauty Academy LLC completed their program within 150% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 200% of the normal time.

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. Black or African American
    7 degrees awarded
  2. Hispanic or Latino
    2 degrees awarded

The most common race/ethnicity at Luckes Beauty Academy LLC is black or african american (7 degrees awarded). There were 3.5 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (2 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. Black or African American Female
    7 degrees awarded
  2. Hispanic or Latino Female
    2 degrees awarded

The most common race/ethnicity and sex grouping at Luckes Beauty Academy LLC is black or african american female (7 degrees awarded). There were 3.5 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (2 degrees).

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Operations

Salary Expenditure

$112k
2023 Salaries
8.46%
decline from 2022

In 2023, Luckes Beauty Academy LLC paid a median of $112k in salaries, a 8.46% decline from the previous year. This is compared to a 8.11% decline between 2021 and 2022, and a 6.75% growth between 2020 and 2021.

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