Montana Academy of Salons

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2022 Average Net Price

$12,542

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

100% Full-Time

About

Montana Academy of Salons is a higher education institution located in Cascade County, MT. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Montana Academy of Salons were General Cosmetology (32 degrees awarded) and Barbering (11 degrees).

In 2022, 103 degrees were awarded across all undergraduate and graduate programs at Montana Academy of Salons. 93.2% of these degrees were awarded to women, and 6.8% awarded men. The most common race/ethnicity group of degree recipients was white (75 degrees), 6.25 times more than then the next closest race/ethnicity group, american indian or alaska native (12 degrees).

In 2020 the default rate for borrower's at Montana Academy of Salons was 0%, corresponding to 0 out of the 59 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 $12,542.

In 2022, 45% of undergraduate students attending Montana Academy of Salons received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Average Net Price

$12,542

2022 Value

3.17%

1 Year Growth

In 2022 Montana Academy of Salons had an average net price — the price paid after factoring in grants and loans — of $12,542. Between 2021 and 2022, the average net price of Montana Academy of Salons grew by 3.17%.

This chart compares the average net price of Montana Academy of Salons (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

45%

Undergraduates Receiving Financial Aid through Grants

49%

Undergraduates Receiving Financial Aid through Loans

45% of undergraduate students at Montana Academy of Salons received financial aid through grants or loans in 2022. This represents a decline of 2.17% with respect to 2021, when 46% of undergraduate students received financial aid.

This chart compares the average award discount at Montana Academy of Salons (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 Montana Academy of Salons was 0%, which represents 0 out of the 59 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

Montana Academy of Salons had a total enrollment of 98 students in 2022. The full-time enrollment at Montana Academy of Salons is 98 students and the part-time enrollment is 0. This means that 100% of students enrolled at Montana Academy of Salons are enrolled full-time.

The enrolled student population at Montana Academy of Salons, both undergraduate and graduate, is 74.5% White, 12.2% Two or More Races, 5.1% Hispanic or Latino, 4.08% American Indian or Alaska Native, 3.06% Asian, and 1.02% Black or African American.

Students enrolled at Montana Academy of Salons in full-time Undergraduate programs are most commonly White Female (71.4%), followed by Two or More Races Female (12.2%) and Hispanic or Latino Female (5.1%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Montana Academy of Salons in 2022, both undergraduate and graduate, is 98 students. The full-time enrollment at Montana Academy of Salons is 98 and the part-time enrollment is 0.

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

Retention Rate over Time

78%

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 Montana Academy of Salons was 78%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
73 enrolled students
Two or More Races
12 enrolled students
Hispanic or Latino
5 enrolled students

The enrolled student population at Montana Academy of Salons is 74.5% White, 12.2% Two or More Races, 5.1% Hispanic or Latino, 4.08% American Indian or Alaska Native, 3.06% Asian, and 1.02% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 89 more women than men received degrees from Montana Academy of Salons. The most common race/ethnicity group of degree recipients at Montana Academy of Salons is white (75 degrees awarded). There were 6.25 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (12 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Montana Academy of Salons is General Cosmetology (32 degrees awarded), followed by Barbering (11 degrees).

In 2022, the most specialized majors across all degree types at Montana Academy of Salons, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (96 degrees awarded) and Health (7 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 Montana Academy of Salons 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 Montana Academy of Salons in 2022 are Personal & Culinary Services (96 degrees awarded) and Health (7 degrees) (as of 2022).

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 Montana Academy of Salons are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Montana Academy of Salons are Personal & Culinary Services (96 degrees awarded) and Health (7 degrees) (as of 2022).

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 Montana Academy of Salons 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 Montana Academy of Salons are Personal & Culinary Services (96 degrees awarded) and Health (7 degrees) (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 Montana Academy of Salons.

Most Common (2022)

General Cosmetology
32 degrees awarded
Barbering
11 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Montana Academy of Salons was General Cosmetology with 32 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Montana Academy of Salons according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 7 degrees were awarded to men at Montana Academy of Salons, which is 0.0729 times less than the number of degrees awarded to females (96).

This chart displays the sex disparity between the top 5 majors at Montana Academy of Salons by degrees awarded.

Most Common Male Majors

In 2022, 6 degrees were awarded to men at Montana Academy of Salons in Barbering, which is 0.5 times less than the 12 female recipients with that same degree.

Most Common Female Majors

In 2022, 32 degrees were awarded to women at Montana Academy of Salons in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

100% Completion Time

71%

150% Completion Time

In 2022, 5% of students graduating from Montana Academy of Salons completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2018 at Montana Academy of Salons is Male and American Indian or Alaska Native (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
75 degrees awarded
American Indian or Alaska Native
12 degrees awarded
Two or More Races
8 degrees awarded

The most common race/ethnicity at Montana Academy of Salons is white (75 degrees awarded). There were 6.25 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (12 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
71 degrees awarded
American Indian or Alaska Native Female
12 degrees awarded
Two or More Races Female
7 degrees awarded

The most common race/ethnicity and sex grouping at Montana Academy of Salons is white female (71 degrees awarded). There were 5.92 times more white female recipients than the next closest race/ethnicity group, american indian or alaska native female (12 degrees).

Operations

Salary Expenditure

$502k

2022 Salaries

2.12%

growth from 2021

In 2022, Montana Academy of Salons paid a median of $502k in salaries, a 2.12% growth from the previous year. This is compared to a 12.7% growth between 2020 and 2021, and a 26.6% decline between 2019 and 2020.

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

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