Modern Hairstyling Institute-Arecibo

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2022 Average Net Price
$4,361
After Financial Aid
2022 Acceptance Rate
87%
100 Applicants
2022 Enrolled Students
66
81.8% Full-Time

About

Modern Hairstyling Institute-Arecibo is a higher education institution located in Arecibo Municipio, PR. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Modern Hairstyling Institute-Arecibo were Barbering (38 degrees awarded) and General Cosmetology (37 degrees).

In 2022, 87 degrees were awarded across all undergraduate and graduate programs at Modern Hairstyling Institute-Arecibo. 66.7% of these degrees were awarded to women, and 33.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (87 degrees).

Costs

After taking grants and loans into account, the average net price for students is $4,361.

In 2022, 100% of undergraduate students attending Modern Hairstyling Institute-Arecibo received financial aid through grants.

Average Net Price

$4,361
2022 Value
2.68%
1 Year Growth

In 2022 Modern Hairstyling Institute-Arecibo had an average net price — the price paid after factoring in grants and loans — of $4,361. Between 2021 and 2022, the average net price of Modern Hairstyling Institute-Arecibo grew by 2.68%.

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 2022. This represents a growth of 5.26% with respect to 2021, when 95% 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 100 undergraduate applications in 2022, which represents a 5.26% annual growth. Out of those 100 applicants, 87 students were accepted for enrollment, representing a 87% acceptance rate.

There were 66 students enrolled at Modern Hairstyling Institute-Arecibo in 2022.

Modern Hairstyling Institute-Arecibo has an overall enrollment yield of 72.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87%
Acceptance Rate in 2022
87
Accepted Out of 100

In 2022, the undergraduate acceptance rate of Modern Hairstyling Institute-Arecibo was 87% (87 admissions from 100 applications). This is higher than the acceptance rate of 2021, which was 84.2%. Between 2021 and 2022, the number of applicants grew by 5.26%, while admissions grew by 8.75%..

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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Enrollment

Modern Hairstyling Institute-Arecibo had a total enrollment of 66 students in 2022. The full-time enrollment at Modern Hairstyling Institute-Arecibo is 54 students and the part-time enrollment is 12. This means that 81.8% 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 (68.5%), followed by Hispanic or Latino Male (31.5%).

Full-Time vs Part-Time Enrollment

81.8%
Full-Time Enrollment

The total enrollment at Modern Hairstyling Institute-Arecibo in 2022, both undergraduate and graduate, is 66 students. The full-time enrollment at Modern Hairstyling Institute-Arecibo is 54 and the part-time enrollment is 12.

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

88%
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 Modern Hairstyling Institute-Arecibo was 88%. Compared with the full-time retention rate at similar (79%), Modern Hairstyling Institute-Arecibo had a retention rate higher than its peers.

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 (2022)
66 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. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 29 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 (87 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Modern Hairstyling Institute-Arecibo is Barbering (38 degrees awarded), followed by General Cosmetology (37 degrees).

In 2022,  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 (87 degrees awarded) and Health (0 degrees).

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 Modern Hairstyling Institute-Arecibo 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 Modern Hairstyling Institute-Arecibo in 2022 are Personal & Culinary Services (87 degrees awarded) and Health (0 degrees) (as of 2022).

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Highest Paying Jobs by Major

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 (87 degrees awarded) and Health (0 degrees) (as of 2022).

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Common Industries by Major

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 (87 degrees awarded) and Health (0 degrees) (as of 2022).

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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 (2022)
  1. 38 degrees awarded
  2. 37 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Modern Hairstyling Institute-Arecibo was Barbering with 38 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

29
Degrees Awarded to Men
in 2022
58
Degrees Awarded to Women
in 2022

In 2022, 29 degrees were awarded to men at Modern Hairstyling Institute-Arecibo, which is 0.5 times less than the number of degrees awarded to females (58).

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 2022, 26 degrees were awarded to men at Modern Hairstyling Institute-Arecibo in Barbering, which is 2.17 times more than the 12 female recipients with that same degree.

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Most Common Female Majors

In 2022, 34 degrees were awarded to men at Modern Hairstyling Institute-Arecibo in General Cosmetology, which is 11.3 times more than the 3 male recipients with that same degree.

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Time to Complete

24%
100% Completion Time
73%
150% Completion Time

In 2022, 24% 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, 73% completed their degrees within 150% of the normal time, and 73% 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 (2022)
87 degrees awarded

The most common race/ethnicity at Modern Hairstyling Institute-Arecibo is hispanic or latino (87 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 (2022)
  1. Hispanic or Latino Female
    58 degrees awarded
  2. Hispanic or Latino Male
    29 degrees awarded

The most common race/ethnicity and sex grouping at Modern Hairstyling Institute-Arecibo is hispanic or latino female (58 degrees awarded). There were 2 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (29 degrees).

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Operations

Salary Expenditure

$272k
2022 Salaries
10.3%
growth from 2021

In 2022, Modern Hairstyling Institute-Arecibo paid a median of $272k in salaries, a 10.3% growth from the previous year.

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

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