Minnesota School of Cosmetology-Woodbury Campus

www.msccollege.edu

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2022 Average Net Price
$16,805
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
150
77.3% Full-Time

About

In 2020 the default rate for borrower's at Minnesota School of Cosmetology-Woodbury Campus was 0%, corresponding to 0 out of the 255 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 $16,805.

In 2022, 77% of undergraduate students attending Minnesota School of Cosmetology-Woodbury Campus received financial aid through grants. Comparatively, 64% of undergraduate students received financial aid through loans.

Average Net Price

$16,805
2022 Value
0.448%
1 Year Growth

In 2022 Minnesota School of Cosmetology-Woodbury Campus had an average net price — the price paid after factoring in grants and loans — of $16,805. Between 2021 and 2022, the average net price of Minnesota School of Cosmetology-Woodbury Campus grew by 0.448%.

This chart compares the average net price of Minnesota School of Cosmetology-Woodbury Campus (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

77%
Undergraduates Receiving Financial Aid through Grants
64%
Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Minnesota School of Cosmetology-Woodbury Campus received financial aid through grants or loans in 2022. This represents a decline of 3.75% with respect to 2021, when 80% of undergraduate students received financial aid.

This chart compares the average award discount at Minnesota School of Cosmetology-Woodbury Campus (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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Minnesota School of Cosmetology-Woodbury Campus was 0%, which represents 0 out of the 255 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

Minnesota School of Cosmetology-Woodbury Campus had a total enrollment of 150 students in 2022. The full-time enrollment at Minnesota School of Cosmetology-Woodbury Campus is 116 students and the part-time enrollment is 34. This means that 77.3% of students enrolled at Minnesota School of Cosmetology-Woodbury Campus are enrolled full-time.

Students enrolled at Minnesota School of Cosmetology-Woodbury Campus in full-time Undergraduate programs are most commonly White Female (44%), followed by Black or African American Female (18.1%) and Asian Female (16.4%).

Full-Time vs Part-Time Enrollment

77.3%
Full-Time Enrollment

The total enrollment at Minnesota School of Cosmetology-Woodbury Campus in 2022, both undergraduate and graduate, is 150 students. The full-time enrollment at Minnesota School of Cosmetology-Woodbury Campus is 116 and the part-time enrollment is 34.

This chart shows the full-time vs part-time enrollment status at Minnesota School of Cosmetology-Woodbury Campus (in red) compares to similar universities.

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Retention Rate over Time

81%
2022 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 Minnesota School of Cosmetology-Woodbury Campus was 81%.

This chart shows the retention rate over time at Minnesota School of Cosmetology-Woodbury Campus (highlighted in red) compares to similar universities.

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Graduates

In N/A, N/A N/A women than men received degrees from Minnesota School of Cosmetology-Woodbury Campus. The most common race/ethnicity group of degree recipients at Minnesota School of Cosmetology-Woodbury Campus is white (74 degrees awarded). There were 2.64 times more white recipients than the next closest race/ethnicity group, black or african american (28 degrees).

In 2022,  the most specialized majors across all degree types at Minnesota School of Cosmetology-Woodbury Campus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (129 degrees awarded) and Health (14 degrees).

Common Jobs by Major

Registered nurses
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Minnesota School of Cosmetology-Woodbury Campus are Registered nurses (1,394,973 people), Medical & health services managers (151,169 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Minnesota School of Cosmetology-Woodbury Campus in 2022 are Personal & Culinary Services (129 degrees awarded) and Health (14 degrees) (as of 2022).

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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 Minnesota School of Cosmetology-Woodbury Campus are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Minnesota School of Cosmetology-Woodbury Campus are Personal & Culinary Services (129 degrees awarded) and Health (14 degrees) (as of 2022).

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Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Minnesota School of Cosmetology-Woodbury Campus are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at Minnesota School of Cosmetology-Woodbury Campus are Personal & Culinary Services (129 degrees awarded) and Health (14 degrees) (as of 2022).

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Time to Complete

18%
100% Completion Time
65%
150% Completion Time

In 2022, 18% of students graduating from Minnesota School of Cosmetology-Woodbury Campus completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 75% 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 (2022)
  1. White
    74 degrees awarded
  2. Black or African American
    28 degrees awarded
  3. Asian
    21 degrees awarded

The most common race/ethnicity at Minnesota School of Cosmetology-Woodbury Campus is white (74 degrees awarded). There were 2.64 times more white recipients than the next closest race/ethnicity group, black or african american (28 degrees).

3.5% of degree recipients (5 students) did not report their race.

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Operations

Salary Expenditure

$1.21M
2022 Salaries
17.9%
decline from 2021

In 2022, Minnesota School of Cosmetology-Woodbury Campus paid a median of $1.21M in salaries, a 17.9% decline from the previous year. This is compared to a 22.1% decline between 2020 and 2021, and a 7.38% growth between 2019 and 2020.

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