Modern Hairstyling Institute-Arecibo

www.modern.edu

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2023 Average Net Price
$5,161
After Financial Aid
2023 Acceptance Rate
78.3%
115 Applicants
2023 Enrolled Students
64
71.9% Full-Time

About

Modern Hairstyling Institute-Arecibo is a higher education institution located in Arecibo Municipio, PR. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Modern Hairstyling Institute-Arecibo were Barbering (26 degrees awarded), General Cosmetology (18 degrees), and Other Cosmetology & Related Personal Grooming Arts (8 degrees).

In 2023, 67 degrees were awarded across all undergraduate and graduate programs at Modern Hairstyling Institute-Arecibo. 62.7% of these degrees were awarded to women, and 37.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (67 degrees).

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 $5,161.

In 2023, 100% of undergraduate students attending Modern Hairstyling Institute-Arecibo received financial aid through grants.

Average Net Price

$5,161
2023 Value
18.3%
1 Year Growth

In 2023 Modern Hairstyling Institute-Arecibo had an average net price — the price paid after factoring in grants and loans — of $5,161. Between 2022 and 2023, the average net price of Modern Hairstyling Institute-Arecibo grew by 18.3%.

This chart compares the average net price of Modern Hairstyling Institute-Arecibo (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

100%
Undergraduates Receiving Financial Aid through Grants

100% of undergraduate students at Modern Hairstyling Institute-Arecibo received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Modern Hairstyling Institute-Arecibo (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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Admissions

Modern Hairstyling Institute-Arecibo received 115 undergraduate applications in 2023, which represents a 15% annual growth. Out of those 115 applicants, 90 students were accepted for enrollment, representing a 78.3% acceptance rate.

There were 64 students enrolled at Modern Hairstyling Institute-Arecibo in 2023.

Modern Hairstyling Institute-Arecibo has an overall enrollment yield of 67.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.3%
Acceptance Rate in 2023
90
Accepted Out of 115

In 2023, the undergraduate acceptance rate of Modern Hairstyling Institute-Arecibo was 78.3% (90 admissions from 115 applications). This is lower than the acceptance rate of 2022, which was 87%. Between 2022 and 2023, the number of applicants grew by 15%, while admissions grew by 3.45%.

This chart compares the acceptance rate of Modern Hairstyling Institute-Arecibo (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

N/A% of enrolled first-time students at Modern Hairstyling Institute-Arecibo in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Modern Hairstyling Institute-Arecibo had a total enrollment of 64 students in 2023. The full-time enrollment at Modern Hairstyling Institute-Arecibo is 46 students and the part-time enrollment is 18. This means that 71.9% of students enrolled at Modern Hairstyling Institute-Arecibo are enrolled full-time.

The enrolled student population at Modern Hairstyling Institute-Arecibo, both undergraduate and graduate, is 100% Hispanic or Latino.

Students enrolled at Modern Hairstyling Institute-Arecibo in full-time Undergraduate programs are most commonly Hispanic or Latino Female (69%), followed by Hispanic or Latino Male (31%).

Full-Time vs Part-Time Enrollment

71.9%
Full-Time Enrollment

The total enrollment at Modern Hairstyling Institute-Arecibo in 2023, both undergraduate and graduate, is 64 students. The full-time enrollment at Modern Hairstyling Institute-Arecibo is 46 and the part-time enrollment is 18.

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

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Retention Rate over Time

77%
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 Modern Hairstyling Institute-Arecibo was 77%.

This chart shows the retention rate over time at Modern Hairstyling Institute-Arecibo (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Hispanic or Latino
Most Common Race or Ethnicity (2023)
64 enrolled students

The enrolled student population at Modern Hairstyling Institute-Arecibo is 100% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 17 more women than men received degrees from Modern Hairstyling Institute-Arecibo. The most common race/ethnicity group of degree recipients at Modern Hairstyling Institute-Arecibo is hispanic or latino (67 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Modern Hairstyling Institute-Arecibo is Barbering (26 degrees awarded), followed by General Cosmetology (18 degrees) and Other Cosmetology & Related Personal Grooming Arts (8 degrees).

In 2023,  the most specialized majors across all degree types at Modern Hairstyling Institute-Arecibo, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (67 degrees awarded) and Health (0 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 Modern Hairstyling Institute-Arecibo are Registered nurses (1,452,593 people), Medical & health services managers (156,374 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at Modern Hairstyling Institute-Arecibo in 2023 are Personal & Culinary Services (67 degrees awarded) and Health (0 degrees) (as of 2023).

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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 Modern Hairstyling Institute-Arecibo are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Modern Hairstyling Institute-Arecibo are Personal & Culinary Services (67 degrees awarded) and Health (0 degrees) (as of 2023).

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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 Modern Hairstyling Institute-Arecibo 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 Modern Hairstyling Institute-Arecibo are Personal & Culinary Services (67 degrees awarded) and Health (0 degrees) (as of 2023).

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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 Modern Hairstyling Institute-Arecibo.
Most Common (2023)
  1. Barbering
    26 degrees awarded
  2. General Cosmetology
    18 degrees awarded
  3. Other Cosmetology & Related Personal Grooming Arts
    8 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Modern Hairstyling Institute-Arecibo was Barbering with 26 degrees awarded.

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

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Sex Breakdown for Common Majors

25
Degrees Awarded to Men
in 2023
42
Degrees Awarded to Women
in 2023

In 2023, 25 degrees were awarded to men at Modern Hairstyling Institute-Arecibo, which is 0.595 times less than the number of degrees awarded to females (42).

This chart displays the sex disparity between the top 5 majors at Modern Hairstyling Institute-Arecibo by degrees awarded.

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Most Common Male Majors

In 2023, 22 degrees were awarded to men at Modern Hairstyling Institute-Arecibo in Barbering, which is 5.5 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2023, 16 degrees were awarded to men at Modern Hairstyling Institute-Arecibo in General Cosmetology, which is 8 times more than the 2 male recipients with that same degree.

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Time to Complete

13%
100% Completion Time
64%
150% Completion Time

In 2023, 13% of students graduating from Modern Hairstyling Institute-Arecibo completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% 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

Hispanic or Latino
Most Common Student Race or Ethnicity (2023)
67 degrees awarded

The most common race/ethnicity at Modern Hairstyling Institute-Arecibo is hispanic or latino (67 degrees awarded).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    42 degrees awarded
  2. Hispanic or Latino Male
    25 degrees awarded

The most common race/ethnicity and sex grouping at Modern Hairstyling Institute-Arecibo is hispanic or latino female (42 degrees awarded). There were 1.68 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (25 degrees).

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Operations

Salary Expenditure

$352k
2023 Salaries
29.3%
growth from 2022

In 2023, Modern Hairstyling Institute-Arecibo paid a median of $352k in salaries, a 29.3% growth from the previous year. This is compared to a 10.3% growth between 2021 and 2022, and a 12.2% decline between 2020 and 2021.

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

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