Milan Institute of Cosmetology-El Paso

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2021 Average Net Price
$24,869
After Financial Aid
2019 Student Loan
3.49%
Default Rate
2021 Enrolled Students
393
100% Full-Time

About

Milan Institute of Cosmetology-El Paso is a higher education institution located in El Paso County, TX. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Milan Institute of Cosmetology-El Paso were General Cosmetology (79 degrees awarded).

In 2021, 234 degrees were awarded across all undergraduate and graduate programs at Milan Institute of Cosmetology-El Paso. 97.4% of these degrees were awarded to women, and 2.56% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (200 degrees), 13.3 times more than then the next closest race/ethnicity group, white (15 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $24,869.

In 2021, 67% of undergraduate students attending Milan Institute of Cosmetology-El Paso received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Average Net Price

$24,869
2021 Value
14%
1 Year Growth

In 2021 Milan Institute of Cosmetology-El Paso had an average net price — the price paid after factoring in grants and loans — of $24,869. Between 2020 and 2021, the average net price of Milan Institute of Cosmetology-El Paso grew by 14%.

This chart compares the average net price of Milan Institute of Cosmetology-El Paso (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

67%
Undergraduates Receiving Financial Aid through Grants
60%
Undergraduates Receiving Financial Aid through Loans

67% of undergraduate students at Milan Institute of Cosmetology-El Paso received financial aid through grants or loans in 2021. This represents a decline of 20.2% with respect to 2020, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Milan Institute of Cosmetology-El Paso (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.
3.49%
2019 Default Rate
24
Number of Defaults

In 2019 the default rate for borrower's at Milan Institute of Cosmetology-El Paso was 3.49%, which represents 24 out of the 688 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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bookEnrollment

Milan Institute of Cosmetology-El Paso had a total enrollment of 393 students in 2021. The full-time enrollment at Milan Institute of Cosmetology-El Paso is 393 students and the part-time enrollment is 0. This means that 100% of students enrolled at Milan Institute of Cosmetology-El Paso are enrolled full-time.

The enrolled student population at Milan Institute of Cosmetology-El Paso, both undergraduate and graduate, is 88.8% Hispanic or Latino, 4.07% Black or African American, 3.56% White, 0.763% Asian, 0.509% American Indian or Alaska Native, 0.254% Native Hawaiian or Other Pacific Islanders, and 0.254% Two or More Races.

Students enrolled at Milan Institute of Cosmetology-El Paso in full-time Undergraduate programs are most commonly Hispanic or Latino Female (86.3%), followed by Black or African American Female (3.56%) and White Female (3.56%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Milan Institute of Cosmetology-El Paso in 2021, both undergraduate and graduate, is 393 students. The full-time enrollment at Milan Institute of Cosmetology-El Paso is 393 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Milan Institute of Cosmetology-El Paso (in red) compares to similar universities.

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Retention Rate over Time

75%
2021 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 Milan Institute of Cosmetology-El Paso was 75%. Compared with the full-time retention rate at similar (77%), Milan Institute of Cosmetology-El Paso had a retention rate lower than its peers.

This chart shows the retention rate over time at Milan Institute of Cosmetology-El Paso (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Hispanic or Latino
    349 enrolled students
  2. Black or African American
    16 enrolled students
  3. White
    14 enrolled students

The enrolled student population at Milan Institute of Cosmetology-El Paso is 88.8% Hispanic or Latino, 4.07% Black or African American, 3.56% White, 0.763% Asian, 0.509% American Indian or Alaska Native, 0.254% Native Hawaiian or Other Pacific Islanders, and 0.254% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 222 more women than men received degrees from Milan Institute of Cosmetology-El Paso. The most common race/ethnicity group of degree recipients at Milan Institute of Cosmetology-El Paso is hispanic or latino (200 degrees awarded). There were 13.3 times more hispanic or latino recipients than the next closest race/ethnicity group, white (15 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Milan Institute of Cosmetology-El Paso is General Cosmetology (79 degrees awarded).

In 2021,  the most specialized majors across all degree types at Milan Institute of Cosmetology-El Paso, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (234 degrees awarded).

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 Milan Institute of Cosmetology-El Paso are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

The most specialized majors at Milan Institute of Cosmetology-El Paso in 2021 are Personal & Culinary Services (234 degrees awarded) (as of 2021).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Milan Institute of Cosmetology-El Paso are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Milan Institute of Cosmetology-El Paso are Personal & Culinary Services (234 degrees awarded) (as of 2021).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Milan Institute of Cosmetology-El Paso are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

The most specialized majors at Milan Institute of Cosmetology-El Paso are Personal & Culinary Services (234 degrees awarded) (as of 2021).

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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 Milan Institute of Cosmetology-El Paso.
Most Common (2021)
79 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Milan Institute of Cosmetology-El Paso was General Cosmetology with 79 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Milan Institute of Cosmetology-El Paso according to their major.

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Sex Breakdown for Common Majors

6
Degrees Awarded to Men
in 2021
228
Degrees Awarded to Women
in 2021

In 2021, 6 degrees were awarded to men at Milan Institute of Cosmetology-El Paso, which is 0.0263 times less than the number of degrees awarded to females (228).

This chart displays the sex disparity between the top 5 majors at Milan Institute of Cosmetology-El Paso by degrees awarded.

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Most Common Male Majors

In 2021, 3 degrees were awarded to men at Milan Institute of Cosmetology-El Paso in General Cosmetology, which is 0.0395 times less than the 76 female recipients with that same degree.

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Most Common Female Majors

In 2021, 86 degrees were awarded to women at Milan Institute of Cosmetology-El Paso in Nail Specialist & Manicurist. There were no male recipients with the same degree.

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Time to Complete

3%
100% Completion Time
36%
150% Completion Time

In 2021, 3% of students graduating from Milan Institute of Cosmetology-El Paso completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 36% completed their degrees within 150% of the normal time, and 44% 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 (2021)
  1. Hispanic or Latino
    200 degrees awarded
  2. White
    15 degrees awarded
  3. Black or African American
    13 degrees awarded

The most common race/ethnicity at Milan Institute of Cosmetology-El Paso is hispanic or latino (200 degrees awarded). There were 13.3 times more hispanic or latino recipients than the next closest race/ethnicity group, white (15 degrees).

0.427% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    195 degrees awarded
  2. White Female
    15 degrees awarded
  3. Black or African American Female
    12 degrees awarded

The most common race/ethnicity and sex grouping at Milan Institute of Cosmetology-El Paso is hispanic or latino female (195 degrees awarded). There were 13 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (15 degrees).

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briefcaseOperations

Salary Expenditure

$792k
2021 Salaries
3.07%
decline from 2020

In 2021, Milan Institute of Cosmetology-El Paso paid a median of $792k in salaries, a 3.07% decline from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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