Modern Beauty Academy

www.modernbeautyacademy.org

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2019 Average Net Price

$10,054

After Financial Aid

2017 Student Loan

9.26%

Default Rate

2019 Enrolled Students

46% Full-Time

About

Modern Beauty Academy is a higher education institution located in Ventura County, CA. In 2016, the most popular Bachelor's Degree concentrations at Modern Beauty Academy were .

In 2019, 25 degrees were awarded across all undergraduate and graduate programs at Modern Beauty Academy. 68% of these degrees were awarded to women, and 32% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (20 degrees), 10 times more than then the next closest race/ethnicity group, white (2 degrees).

The median undergraduate tuition at Modern Beauty Academy is $0, which is $−11,750 less than the national average for ($11,750).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

The median undergraduate tuition at Modern Beauty Academy is $0, which is $−11,750 less than the national average for ($11,750).

After taking grants and loans into account, the average net price for students is $10,054.

In 2019, 37% of undergraduate students received federal grants, while 32% of undergraduate students received federal loans.

Average Net Price

$10,054

2019 Value

13.4%

1 Year Growth

In 2019 Modern Beauty Academy had an average net price — the price paid after factoring in grants and loans — of $10,054. Between 2018 and 2019, the average net price of Modern Beauty Academy grew by 13.4%.

This chart compares the average net price of Modern Beauty Academy (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

Financial Aid by Income Level

37%

Of Undergraduates Receive Grants

32%

Of Undergraduates Receive Federal Loans

37% of undergraduate students at Modern Beauty Academy received grants or loans in 2019. This represents a decline of 27.5% with respect to 2018, when 51% of undergraduate students received financial aid.

This chart compares the average award discount at Modern Beauty Academy (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.

9.26%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Modern Beauty Academy was 9.26%, which represents 5 out of the 54 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

Modern Beauty Academy has a total enrollment of 50 students. The full-time enrollment at Modern Beauty Academy is 23 students and the part-time enrollment is 27. This means that 46% of students enrolled at Modern Beauty Academy are enrolled full-time.

The enrolled student population at Modern Beauty Academy, both undergraduate and graduate, is 68% Hispanic or Latino, 6% Native Hawaiian or Other Pacific Islanders, 4% Asian, 4% Black or African American, 4% White, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Modern Beauty Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (43.5%), followed by Hispanic or Latino Male (17.4%) and White Female (8.7%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

46%

Full-Time Enrollment

The total enrollment at Modern Beauty Academy, both undergraduate and graduate, is 50 students. The full-time enrollment at Modern Beauty Academy is 23 and the part-time enrollment is 27. This means that 46% of students enrolled at Modern Beauty Academy are enrolled full-time compared with 69.5% at similar .

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

Retention Rate over Time

86%

2019 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 Modern Beauty Academy was 86%. Compared with the full-time retention rate at similar (78%), Modern Beauty Academy had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

Hispanic or Latino
34
Native Hawaiian or Other Pacific Islanders
3
Asian
2

The enrolled student population at Modern Beauty Academy is 68% Hispanic or Latino, 6% Native Hawaiian or Other Pacific Islanders, 4% Asian, 4% Black or African American, 4% White, 0% Two or More Races, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 40.5% White, 25.8% Hispanic or Latino, and 18.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 1 students (2%) did not report their race.

Graduates

In 2019, 9 more women than men received degrees from Modern Beauty Academy. The most common race/ethnicity group of degree recipients at Modern Beauty Academy is hispanic or latino (20 degrees awarded). There were 10 times more hispanic or latino graduates than the next closest race/ethnicity group, white (2 degrees).

The most common Bachelor's Degree concentration at Modern Beauty Academy is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Modern Beauty Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (25 degrees awarded).

Workforce

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 Modern Beauty Academy are Chefs & head cooks (8,922 people), Cooks (4,492 people), Food service managers (3,211 people), Cashiers (3,131 people), and Morticians, undertakers, & funeral directors (2,309 people).

The most specialized majors at Modern Beauty Academy are Personal & Culinary Services (25 degrees awarded).

Highest Paying Jobs by Major

General & operations managers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Modern Beauty Academy are General & operations managers, Morticians, undertakers, & funeral directors, Firstline supervisors of nonretail sales workers, Sales representatives, wholesale & manufacturing, and Food service managers

The most specialized majors at Modern Beauty Academy are Personal & Culinary Services (25 degrees awarded).

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 Modern Beauty Academy are Restaurants & Food Services (16,491 people), Supermarkets and Other Grocery (except Convenience) Stores (3,468 people), Traveler accommodation (2,881 people), Funeral homes, & cemeteries & crematories (2,349 people), and Construction (2,188 people).

The most specialized majors at Modern Beauty Academy are Personal & Culinary Services (25 degrees awarded).

Degrees

Majors Awarded

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

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Modern Beauty Academy was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Modern Beauty Academy according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 8 degrees were awarded to men at Modern Beauty Academy, which is 0.471 times less than the number of degrees awarded to females (17).

This chart displays the gender disparity between the top 5 majors at Modern Beauty Academy by degrees awarded.

Most Common Male Majors

In false, 8 degrees were awarded to men at Modern Beauty Academy in Barbering, which is 2 times more than the 4 female recipients with that same degree.

Most Common Female Majors

In false, 9 degrees were awarded to women at Modern Beauty Academy in General Cosmetology, which is Infinityk times more than the 0 male recipients with that same degree.

Time to Complete

30%

100% Completion Time

63%

150% Completion Time

In 2019, 30% of students graduating from Modern Beauty Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 70% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Modern Beauty Academy is N/A and N/A (N/A% graduation rate). Across all , Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

Hispanic or Latino
20 degrees awarded
White
2 degrees awarded
Asian
0 degrees awarded

The most common race/ethnicity at Modern Beauty Academy is hispanic or latino (20 degrees awarded). There were 10 times more hispanic or latino recipients than the next closest race/ethnicity group, white (2 degrees).

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

Race & Ethnicity by Gender

Most Common Gender Demographic

Hispanic or Latino Female
14 degrees awarded
Hispanic or Latino Male
6 degrees awarded
White Male
1 degrees awarded

The most common race/ethnicity and gender grouping at Modern Beauty Academy is hispanic or latino female (14 degrees awarded). There were 2.33 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (6 degrees).

Operations

Modern Beauty Academy has an endowment valued at nearly $N/A, as of the end of the 2019 fiscal year. The return on its endowment was of $0 (NaNk%), compared to the 0.0946% average return ($10.2k on $10.8M) across all .

In 2019, Modern Beauty Academy had a total salary expenditure of $N/A. Modern Beauty Academy employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Modern Beauty Academy are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Modern Beauty Academy are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

$N/A

2019 Endowment

growth from 2018

Modern Beauty Academy has an endowment valued at about $N/A, as of the end of the 2019 fiscal year. The endowment of Modern Beauty Academy stayed 0% from the previous year. The value of their endowment was $NaNM approximately the same as than the median endowment of according to the Carnegie Classification grouping.

This line chart shows how the endowment at Modern Beauty Academy (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2019, Modern Beauty Academy received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$172k

2019 Salaries

4.02%

decline from 2018

In 2019, Modern Beauty Academy paid a median of $172k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 4.02% decline from the previous year. This is compared to a 9.52% growth from 2017 and a 30.6% growth from 2016.

The median for similar is 605k (13.4% of overall expenditures).

Instructional Salaries

$N/A

Instructional Salaries

Number of Employees

In N/A, Modern Beauty Academy paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $338k (55.9%) for similar Unknown.

Faculty and Staff

Occupations by Share

false

Most Common Instructor

false Employees

N/A

Most Common Non-Instructional Employee

N/A Employees

In false, the most common positions for instructional staff at Modern Beauty Academy were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Modern Beauty Academy were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

Instructors by Academic Rank and Gender

Most Common Demographic

false
false
false

In false, the most common demographic for instructional staff at Modern Beauty Academy was false with 0 employees, false with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Modern Beauty Academy.

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