Mission Beauty Institute

www.missionbeautyinstitute.com

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2022 Average Net Price

$8,623

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

78.7% Full-Time

About

Mission Beauty Institute is a higher education institution located in Hidalgo County, TX. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Mission Beauty Institute were General Cosmetology (11 degrees awarded) and Barbering (11 degrees).

In 2022, 38 degrees were awarded across all undergraduate and graduate programs at Mission Beauty Institute. 76.3% of these degrees were awarded to women, and 23.7% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (36 degrees), 18 times more than then the next closest race/ethnicity group, asian (2 degrees).

In 2020 the default rate for borrower's at Mission Beauty Institute was 0%, corresponding to 0 out of the 45 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 $8,623.

In 2022, 78% of undergraduate students attending Mission Beauty Institute received financial aid through grants. Comparatively, 51% of undergraduate students received financial aid through loans.

Average Net Price

$8,623

2022 Value

13.3%

1 Year Growth

In 2022 Mission Beauty Institute had an average net price — the price paid after factoring in grants and loans — of $8,623. Between 2021 and 2022, the average net price of Mission Beauty Institute grew by 13.3%.

This chart compares the average net price of Mission Beauty Institute (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

78%

Undergraduates Receiving Financial Aid through Grants

51%

Undergraduates Receiving Financial Aid through Loans

78% of undergraduate students at Mission Beauty Institute received financial aid through grants or loans in 2022. This represents a decline of 19.6% with respect to 2021, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Mission Beauty Institute (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 Mission Beauty Institute was 0%, which represents 0 out of the 45 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

Mission Beauty Institute had a total enrollment of 47 students in 2022. The full-time enrollment at Mission Beauty Institute is 37 students and the part-time enrollment is 10. This means that 78.7% of students enrolled at Mission Beauty Institute are enrolled full-time.

The enrolled student population at Mission Beauty Institute, both undergraduate and graduate, is 97.9% Hispanic or Latino and 2.13% Asian.

Students enrolled at Mission Beauty Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (75.7%), followed by Hispanic or Latino Male (21.6%) and Asian Male (2.7%).

Full-Time vs Part-Time Enrollment

78.7%

Full-Time Enrollment

The total enrollment at Mission Beauty Institute in 2022, both undergraduate and graduate, is 47 students. The full-time enrollment at Mission Beauty Institute is 37 and the part-time enrollment is 10.

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

Retention Rate over Time

90%

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 Mission Beauty Institute was 90%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
46 enrolled students
Asian
1 enrolled students

The enrolled student population at Mission Beauty Institute is 97.9% Hispanic or Latino and 2.13% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 20 more women than men received degrees from Mission Beauty Institute. The most common race/ethnicity group of degree recipients at Mission Beauty Institute is hispanic or latino (36 degrees awarded). There were 18 times more hispanic or latino recipients than the next closest race/ethnicity group, asian (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Mission Beauty Institute is General Cosmetology (11 degrees awarded), followed by Barbering (11 degrees).

In 2022, the most specialized majors across all degree types at Mission Beauty Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (38 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 Mission Beauty Institute are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Mission Beauty Institute in 2022 are Personal & Culinary Services (38 degrees awarded) (as of 2022).

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 Mission Beauty Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Mission Beauty Institute are Personal & Culinary Services (38 degrees awarded) (as of 2022).

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 Mission Beauty Institute are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Mission Beauty Institute are Personal & Culinary Services (38 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mission Beauty Institute.

Most Common (2022)

Barbering
11 degrees awarded
General Cosmetology
11 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Mission Beauty Institute was Barbering with 11 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 9 degrees were awarded to men at Mission Beauty Institute, which is 0.31 times less than the number of degrees awarded to females (29).

This chart displays the sex disparity between the top 5 majors at Mission Beauty Institute by degrees awarded.

Most Common Male Majors

In 2022, 7 degrees were awarded to men at Mission Beauty Institute in Barbering, which is 1.75 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In 2022, 11 degrees were awarded to men at Mission Beauty Institute in Nail Specialist & Manicurist, which is 5.5 times more than the 2 male recipients with that same degree.

Time to Complete

44%

100% Completion Time

72%

150% Completion Time

In 2022, 44% of students graduating from Mission Beauty Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 72% completed their degrees within 150% of the normal time, and 72% 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 (2022)

Hispanic or Latino
36 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Mission Beauty Institute is hispanic or latino (36 degrees awarded). There were 18 times more hispanic or latino recipients than the next closest race/ethnicity group, asian (2 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
28 degrees awarded
Hispanic or Latino Male
8 degrees awarded
Asian Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Mission Beauty Institute is hispanic or latino female (28 degrees awarded). There were 3.5 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (8 degrees).

Operations

Salary Expenditure

$124k

2022 Salaries

4.4%

growth from 2021

In 2022, Mission Beauty Institute paid a median of $124k in salaries, a 4.4% growth from the previous year. This is compared to a 9.63% growth between 2020 and 2021, and a 1.32% growth between 2019 and 2020.

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

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