Morgantown Beauty College Inc

www.morgantownbeautycollege.edu

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2023 Average Net Price
$11,040
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
74
100% Full-Time
2023 Graduation Rate
76.9%
30 Graduates

About

Morgantown Beauty College Inc is a higher education institution located in Monongalia County, WV. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Morgantown Beauty College Inc were Aesthetician & Skin Care Specialist (32 degrees awarded), Massage Therapy (6 degrees), and Nail Specialist & Manicurist (6 degrees).

In 2023, 72 degrees were awarded across all undergraduate and graduate programs at Morgantown Beauty College Inc. 97.2% of these degrees were awarded to women, and 2.78% awarded men. The most common race/ethnicity group of degree recipients was white (64 degrees), 12.8 times more than then the next closest race/ethnicity group, two or more races (5 degrees).

In 2020 the default rate for borrower's at Morgantown Beauty College Inc was 0%, corresponding to 0 out of the 55 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 $11,040.

In 2023, 54% of undergraduate students attending Morgantown Beauty College Inc received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Average Net Price

$11,040
2023 Value
1.26%
1 Year Growth

In 2023 Morgantown Beauty College Inc had an average net price — the price paid after factoring in grants and loans — of $11,040. Between 2022 and 2023, the average net price of Morgantown Beauty College Inc grew by 1.26%.

This chart compares the average net price of Morgantown Beauty College Inc (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

54%
Undergraduates Receiving Financial Aid through Grants
52%
Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Morgantown Beauty College Inc received financial aid through grants or loans in 2023. This represents a growth of 12.5% with respect to 2022, when 48% of undergraduate students received financial aid.

This chart compares the average award discount at Morgantown Beauty College Inc (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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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Morgantown Beauty College Inc was 0%, which represents 0 out of the 55 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.

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Enrollment

Morgantown Beauty College Inc had a total enrollment of 74 students in 2023. The full-time enrollment at Morgantown Beauty College Inc is 74 students and the part-time enrollment is 0. This means that 100% of students enrolled at Morgantown Beauty College Inc are enrolled full-time.

The enrolled student population at Morgantown Beauty College Inc, both undergraduate and graduate, is 78.4% White, 9.46% Black or African American, 8.11% Two or More Races, 1.35% Hispanic or Latino, and 1.35% Asian.

Students enrolled at Morgantown Beauty College Inc in full-time Undergraduate programs are most commonly White Female (84.3%), followed by Black or African American Female (5.88%) and Two or More Races Female (5.23%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Morgantown Beauty College Inc in 2023, both undergraduate and graduate, is 74 students. The full-time enrollment at Morgantown Beauty College Inc is 74 and the part-time enrollment is 0.

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

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Retention Rate over Time

86%
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 Morgantown Beauty College Inc was 86%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    58 enrolled students
  2. Black or African American
    7 enrolled students
  3. Two or More Races
    6 enrolled students

The enrolled student population at Morgantown Beauty College Inc is 78.4% White, 9.46% Black or African American, 8.11% Two or More Races, 1.35% Hispanic or Latino, and 1.35% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 68 more women than men received degrees from Morgantown Beauty College Inc. The most common race/ethnicity group of degree recipients at Morgantown Beauty College Inc is white (64 degrees awarded). There were 12.8 times more white recipients than the next closest race/ethnicity group, two or more races (5 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Morgantown Beauty College Inc is Aesthetician & Skin Care Specialist (32 degrees awarded), followed by Massage Therapy (6 degrees) and Nail Specialist & Manicurist (6 degrees).

In 2023,  the most specialized majors across all degree types at Morgantown Beauty College Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (66 degrees awarded) and Health (6 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 Morgantown Beauty College Inc 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 Morgantown Beauty College Inc in 2023 are Personal & Culinary Services (66 degrees awarded) and Health (6 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 Morgantown Beauty College Inc are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Morgantown Beauty College Inc are Personal & Culinary Services (66 degrees awarded) and Health (6 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 Morgantown Beauty College Inc 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 Morgantown Beauty College Inc are Personal & Culinary Services (66 degrees awarded) and Health (6 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 Morgantown Beauty College Inc.
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    32 degrees awarded
  2. Massage Therapy
    6 degrees awarded
  3. Nail Specialist & Manicurist
    6 degrees awarded

In 2023, the most common N/A concentration at Morgantown Beauty College Inc was Aesthetician & Skin Care Specialist with 32 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Morgantown Beauty College Inc according to their major.

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Sex Breakdown for Common Majors

2
Degrees Awarded to Men
in 2023
70
Degrees Awarded to Women
in 2023

In 2023, 2 degrees were awarded to men at Morgantown Beauty College Inc, which is 0.0286 times less than the number of degrees awarded to females (70).

This chart displays the sex disparity between the top 5 majors at Morgantown Beauty College Inc by degrees awarded.

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Most Common Male Majors

In 2023, 1 degrees were awarded to men at Morgantown Beauty College Inc in General Cosmetology, which is 0.04 times less than the 25 female recipients with that same degree.

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Most Common Female Majors

In 2023, 32 degrees were awarded to women at Morgantown Beauty College Inc in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

5%
100% Completion Time
74%
150% Completion Time

In 2023, 5% of students graduating from Morgantown Beauty College Inc completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 76% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Morgantown Beauty College Inc is Female and Asian (100% graduation rate). Across all , Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    64 degrees awarded
  2. Two or More Races
    5 degrees awarded
  3. Black or African American
    2 degrees awarded

The most common race/ethnicity at Morgantown Beauty College Inc is white (64 degrees awarded). There were 12.8 times more white recipients than the next closest race/ethnicity group, two or more races (5 degrees).

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. White Female
    63 degrees awarded
  2. Two or More Races Female
    5 degrees awarded
  3. Hispanic or Latino Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Morgantown Beauty College Inc is white female (63 degrees awarded). There were 12.6 times more white female recipients than the next closest race/ethnicity group, two or more races female (5 degrees).

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Operations

Salary Expenditure

$552k
2023 Salaries
3.98%
decline from 2022

In 2023, Morgantown Beauty College Inc paid a median of $552k in salaries, a 3.98% decline from the previous year. This is compared to a 21.6% growth between 2021 and 2022, and a 20.2% growth between 2020 and 2021.

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

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