Morgantown Beauty College Inc

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2021 Average Net Price
$9,717
After Financial Aid
2019 Student Loan
1.39%
Default Rate
2021 Enrolled Students
76
100% Full-Time
2021 Graduation Rate
70%
28 Graduates

About

Morgantown Beauty College Inc is a higher education institution located in Monongalia County, WV. In 2021, the most popular 2 to 4 Year Postsecondary Certificate concentrations at Morgantown Beauty College Inc were General Cosmetology (30 degrees awarded).

In 2021, 93 degrees were awarded across all undergraduate and graduate programs at Morgantown Beauty College Inc. 95.7% of these degrees were awarded to women, and 4.3% awarded men. The most common race/ethnicity group of degree recipients was white (75 degrees), 10.7 times more than then the next closest race/ethnicity group, black or african american (7 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $9,717.

In 2021, 51% of undergraduate students attending Morgantown Beauty College Inc received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Average Net Price

$9,717
2021 Value
11.3%
1 Year Growth

In 2021 Morgantown Beauty College Inc had an average net price — the price paid after factoring in grants and loans — of $9,717. Between 2020 and 2021, the average net price of Morgantown Beauty College Inc grew by 11.3%.

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

51%
Undergraduates Receiving Financial Aid through Grants
50%
Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at Morgantown Beauty College Inc received financial aid through grants or loans in 2021. This represents a decline of 1.92% with respect to 2020, when 52% 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.
1.39%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Morgantown Beauty College Inc was 1.39%, which represents 1 out of the 72 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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bookEnrollment

Morgantown Beauty College Inc had a total enrollment of 76 students in 2021. The full-time enrollment at Morgantown Beauty College Inc is 76 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 92.1% White, 3.95% Black or African American, and 2.63% Hispanic or Latino.

Students enrolled at Morgantown Beauty College Inc in full-time Undergraduate programs are most commonly White Female (90.8%), followed by Black or African American Female (3.95%) and Hispanic or Latino Female (2.63%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Morgantown Beauty College Inc in 2021, both undergraduate and graduate, is 76 students. The full-time enrollment at Morgantown Beauty College Inc is 76 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

83%
2021 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 83%. Compared with the full-time retention rate at similar (77%), Morgantown Beauty College Inc had a retention rate higher than its peers.

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 (2021)
  1. White
    70 enrolled students
  2. Black or African American
    3 enrolled students
  3. Hispanic or Latino
    2 enrolled students

The enrolled student population at Morgantown Beauty College Inc is 92.1% White, 3.95% Black or African American, and 2.63% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2021, 85 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 (75 degrees awarded). There were 10.7 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at Morgantown Beauty College Inc is General Cosmetology (30 degrees awarded).

In 2021,  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 (87 degrees awarded) and Health (6 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 Morgantown Beauty College Inc are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Morgantown Beauty College Inc in 2021 are Personal & Culinary Services (87 degrees awarded) and Health (6 degrees) (as of 2021).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Morgantown Beauty College Inc are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Morgantown Beauty College Inc are Personal & Culinary Services (87 degrees awarded) and Health (6 degrees) (as of 2021).

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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 Morgantown Beauty College Inc are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

The most specialized majors at Morgantown Beauty College Inc are Personal & Culinary Services (87 degrees awarded) and Health (6 degrees) (as of 2021).

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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 (2021)
30 degree-majors awarded

In 2021, the most common 2 to 4 year postsecondary certificate concentration at Morgantown Beauty College Inc was General Cosmetology with 30 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Morgantown Beauty College Inc according to their major.

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Sex Breakdown for Common Majors

4
Degrees Awarded to Men
in 2021
89
Degrees Awarded to Women
in 2021

In 2021, 4 degrees were awarded to men at Morgantown Beauty College Inc, which is 0.0449 times less than the number of degrees awarded to females (89).

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 2021, 3 degrees were awarded to men at Morgantown Beauty College Inc in General Cosmetology, which is 0.111 times less than the 27 female recipients with that same degree.

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Most Common Female Majors

In 2021, 43 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

7%
100% Completion Time
80%
150% Completion Time

In 2021, 7% 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, 80% completed their degrees within 150% of the normal time, and 80% 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 Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Morgantown Beauty College Inc is Male and Asian (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

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 (2021)
  1. White
    75 degrees awarded
  2. Black or African American
    7 degrees awarded
  3. Asian
    5 degrees awarded

The most common race/ethnicity at Morgantown Beauty College Inc is white (75 degrees awarded). There were 10.7 times more white recipients than the next closest race/ethnicity group, black or african american (7 degrees).

2.15% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    73 degrees awarded
  2. Black or African American Female
    7 degrees awarded
  3. Asian Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Morgantown Beauty College Inc is white female (73 degrees awarded). There were 10.4 times more white female recipients than the next closest race/ethnicity group, black or african american female (7 degrees).

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briefcaseOperations

Salary Expenditure

$473k
2021 Salaries
20.2%
growth from 2020

In 2021, Morgantown Beauty College Inc paid a median of $473k in salaries, a 20.2% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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