Medspa Academies-National Institute of Modern Aesthetics

https://www.nima.edu

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2023 Average Net Price

$21,035

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

176

100% Full-Time

About

Medspa Academies-National Institute of Modern Aesthetics is a higher education institution located in Clark County, NV. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Medspa Academies-National Institute of Modern Aesthetics were Aesthetician & Skin Care Specialist (128 degrees awarded).

In 2023, 128 degrees were awarded across all undergraduate and graduate programs at Medspa Academies-National Institute of Modern Aesthetics. 98.4% of these degrees were awarded to women, and 1.56% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (42 degrees), 1.05 times more than then the next closest race/ethnicity group, white (40 degrees).

In 2020 the default rate for borrower's at Medspa Academies-National Institute of Modern Aesthetics was 0%, corresponding to 0 out of the 104 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 $21,035.

In 2023, 43% of undergraduate students attending Medspa Academies-National Institute of Modern Aesthetics received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Average Net Price

$21,035

2023 Value

20.6%

1 Year Growth

In 2023 Medspa Academies-National Institute of Modern Aesthetics had an average net price — the price paid after factoring in grants and loans — of $21,035. Between 2022 and 2023, the average net price of Medspa Academies-National Institute of Modern Aesthetics grew by 20.6%.

This chart compares the average net price of Medspa Academies-National Institute of Modern Aesthetics (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

43%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at Medspa Academies-National Institute of Modern Aesthetics received financial aid through grants or loans in 2023. This represents a growth of 19.4% with respect to 2022, when 36% of undergraduate students received financial aid.

This chart compares the average award discount at Medspa Academies-National Institute of Modern Aesthetics (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Medspa Academies-National Institute of Modern Aesthetics was 0%, which represents 0 out of the 104 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

Medspa Academies-National Institute of Modern Aesthetics had a total enrollment of 176 students in 2023. The full-time enrollment at Medspa Academies-National Institute of Modern Aesthetics is 176 students and the part-time enrollment is 0. This means that 100% of students enrolled at Medspa Academies-National Institute of Modern Aesthetics are enrolled full-time.

The enrolled student population at Medspa Academies-National Institute of Modern Aesthetics, both undergraduate and graduate, is 33.5% White, 30.7% Hispanic or Latino, 11.4% Two or More Races, 8.52% Asian, 7.95% Black or African American, 2.84% Native Hawaiian or Other Pacific Islanders, and 1.14% American Indian or Alaska Native.

Students enrolled at Medspa Academies-National Institute of Modern Aesthetics in full-time Undergraduate programs are most commonly White Female (31.7%), followed by Hispanic or Latino Female (31%) and Two or More Races Female (12%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Medspa Academies-National Institute of Modern Aesthetics in 2023, both undergraduate and graduate, is 176 students. The full-time enrollment at Medspa Academies-National Institute of Modern Aesthetics is 176 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Medspa Academies-National Institute of Modern Aesthetics (in red) compares to similar universities.

Retention Rate over Time

88%

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 Medspa Academies-National Institute of Modern Aesthetics was 88%.

This chart shows the retention rate over time at Medspa Academies-National Institute of Modern Aesthetics (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
59 enrolled students
Hispanic or Latino
54 enrolled students
Two or More Races
20 enrolled students

The enrolled student population at Medspa Academies-National Institute of Modern Aesthetics is 33.5% White, 30.7% Hispanic or Latino, 11.4% Two or More Races, 8.52% Asian, 7.95% Black or African American, 2.84% Native Hawaiian or Other Pacific Islanders, and 1.14% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2023, 124 more women than men received degrees from Medspa Academies-National Institute of Modern Aesthetics. The most common race/ethnicity group of degree recipients at Medspa Academies-National Institute of Modern Aesthetics is hispanic or latino (42 degrees awarded). There were 1.05 times more hispanic or latino recipients than the next closest race/ethnicity group, white (40 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Medspa Academies-National Institute of Modern Aesthetics is Aesthetician & Skin Care Specialist (128 degrees awarded).

In 2023, the most specialized majors across all degree types at Medspa Academies-National Institute of Modern Aesthetics, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (128 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 Medspa Academies-National Institute of Modern Aesthetics 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 Medspa Academies-National Institute of Modern Aesthetics in 2023 are Personal & Culinary Services (128 degrees awarded) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Medspa Academies-National Institute of Modern Aesthetics are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Medspa Academies-National Institute of Modern Aesthetics are Personal & Culinary Services (128 degrees awarded) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Medspa Academies-National Institute of Modern Aesthetics are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Medspa Academies-National Institute of Modern Aesthetics are Personal & Culinary Services (128 degrees awarded) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Medspa Academies-National Institute of Modern Aesthetics.

Aesthetician & Skin Care Specialist

Most Common (2023)

128 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Medspa Academies-National Institute of Modern Aesthetics was Aesthetician & Skin Care Specialist with 128 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Medspa Academies-National Institute of Modern Aesthetics according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2023

126

Degrees Awarded to Women

in 2023

In 2023, 2 degrees were awarded to men at Medspa Academies-National Institute of Modern Aesthetics, which is 0.0159 times less than the number of degrees awarded to females (126).

This chart displays the sex disparity between the top 5 majors at Medspa Academies-National Institute of Modern Aesthetics by degrees awarded.

Most Common Male Majors

In 2023, 2 degrees were awarded to men at Medspa Academies-National Institute of Modern Aesthetics in Aesthetician & Skin Care Specialist, which is 0.0159 times less than the 126 female recipients with that same degree.

Most Common Female Majors

In 2023, 126 degrees were awarded to men at Medspa Academies-National Institute of Modern Aesthetics in Aesthetician & Skin Care Specialist, which is 63 times more than the 2 male recipients with that same degree.

Time to Complete

100% Completion Time

87%

150% Completion Time

In 2023, 9% of students graduating from Medspa Academies-National Institute of Modern Aesthetics completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 92% 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

Most Common Student Race or Ethnicity (2023)

Hispanic or Latino
42 degrees awarded
White
40 degrees awarded
Two or More Races
18 degrees awarded

The most common race/ethnicity at Medspa Academies-National Institute of Modern Aesthetics is hispanic or latino (42 degrees awarded). There were 1.05 times more hispanic or latino recipients than the next closest race/ethnicity group, white (40 degrees).

3.13% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Hispanic or Latino Female
41 degrees awarded
White Female
40 degrees awarded
Two or More Races Female
18 degrees awarded

The most common race/ethnicity and sex grouping at Medspa Academies-National Institute of Modern Aesthetics is hispanic or latino female (41 degrees awarded). There were 1.02 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (40 degrees).

Operations

Salary Expenditure

$1.55M

2023 Salaries

36.4%

growth from 2022

In 2023, Medspa Academies-National Institute of Modern Aesthetics paid a median of $1.55M in salaries, a 36.4% growth from the previous year. This is compared to a 62.6% growth between 2021 and 2022.

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