New Dimensions Beauty Academy Inc

https://www.newdimensionsbeauty.com

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2019 Average Net Price
$14,880
After Financial Aid
2017 Default Rate
0%
on Student Loans
2019 Enrolled Students
59
83.1% Full-Time

About

New Dimensions Beauty Academy Inc is a higher education institution located in Douglas County, CO. In 2020, the most popular 2 to 4 Year Postsecondary Certificate concentrations at New Dimensions Beauty Academy Inc were General Cosmetology (9 degrees awarded).

In 2020, 111 degrees were awarded across all undergraduate and graduate programs at New Dimensions Beauty Academy Inc. 94.6% of these degrees were awarded to women, and 5.41% awarded men. The most common race/ethnicity group of degree recipients was white (69 degrees), 2.65 times more than then the next closest race/ethnicity group, hispanic or latino (26 degrees).

In 2017 the default rate for borrower's at New Dimensions Beauty Academy Inc was 0%, corresponding to 0 out of the 33 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 $14,880.

In 2019, 42% of undergraduate students attending New Dimensions Beauty Academy Inc received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Average Net Price

$14,880
2019 Value
7.93%
1 Year Growth

In 2019 New Dimensions Beauty Academy Inc had an average net price — the price paid after factoring in grants and loans — of $14,880. Between 2018 and 2019, the average net price of New Dimensions Beauty Academy Inc grew by 7.93%.

This chart compares the average net price of New Dimensions Beauty Academy 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

42%
Undergraduates Receiving Financial Aid through Grants
43%
Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at New Dimensions Beauty Academy Inc received financial aid through grants or loans in 2019. This represents a decline of 27.6% with respect to 2018, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at New Dimensions Beauty Academy 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%
2017 Default Rate
0
Number of Defaults

In 2017 the default rate for borrower's at New Dimensions Beauty Academy Inc was 0%, which represents 0 out of the 33 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

New Dimensions Beauty Academy Inc had a total enrollment of 59 students in 2019. The full-time enrollment at New Dimensions Beauty Academy Inc is 49 students and the part-time enrollment is 10. This means that 83.1% of students enrolled at New Dimensions Beauty Academy Inc are enrolled full-time.

The enrolled student population at New Dimensions Beauty Academy Inc, both undergraduate and graduate, is 52.5% White, 32.2% Hispanic or Latino, 6.78% Asian, 3.39% Two or More Races, 1.69% Black or African American, and 1.69% American Indian or Alaska Native.

Students enrolled at New Dimensions Beauty Academy Inc in full-time Undergraduate programs are most commonly White Female (53.1%), followed by Hispanic or Latino Female (24.5%) and Hispanic or Latino Male (6.12%).

Full-Time vs Part-Time Enrollment

83.1%
Full-Time Enrollment

The total enrollment at New Dimensions Beauty Academy Inc in 2019, both undergraduate and graduate, is 59 students. The full-time enrollment at New Dimensions Beauty Academy Inc is 49 and the part-time enrollment is 10.

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

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Retention Rate over Time

91%
2019 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 New Dimensions Beauty Academy Inc was 91%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2019)
  1. White
    31 enrolled students
  2. Hispanic or Latino
    19 enrolled students
  3. Asian
    4 enrolled students

The enrolled student population at New Dimensions Beauty Academy Inc is 52.5% White, 32.2% Hispanic or Latino, 6.78% Asian, 3.39% Two or More Races, 1.69% Black or African American, and 1.69% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2020, 99 more women than men received degrees from New Dimensions Beauty Academy Inc. The most common race/ethnicity group of degree recipients at New Dimensions Beauty Academy Inc is white (69 degrees awarded). There were 2.65 times more white recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at New Dimensions Beauty Academy Inc is General Cosmetology (9 degrees awarded).

In 2020,  the most specialized majors across all degree types at New Dimensions Beauty Academy Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (111 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New Dimensions Beauty Academy Inc are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at New Dimensions Beauty Academy Inc in 2020 are Personal & Culinary Services (111 degrees awarded) (as of 2020).

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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 New Dimensions Beauty Academy Inc are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at New Dimensions Beauty Academy Inc are Personal & Culinary Services (111 degrees awarded) (as of 2020).

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Common Industries by Major

Elementary & secondary schools
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at New Dimensions Beauty Academy Inc are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at New Dimensions Beauty Academy Inc are Personal & Culinary Services (111 degrees awarded) (as of 2020).

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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 New Dimensions Beauty Academy Inc.
General Cosmetology
Most Common (2020)
9 degrees awarded

In 2020, the most common 2 to 4 year postsecondary certificate concentration at New Dimensions Beauty Academy Inc was General Cosmetology with 9 degrees awarded.

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

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Sex Breakdown for Common Majors

6
Degrees Awarded to Men
in 2020
105
Degrees Awarded to Women
in 2020

In 2020, 6 degrees were awarded to men at New Dimensions Beauty Academy Inc, which is 0.0571 times less than the number of degrees awarded to females (105).

This chart displays the sex disparity between the top 5 majors at New Dimensions Beauty Academy Inc by degrees awarded.

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Most Common Male Majors

In 2020, 2 degrees were awarded to men at New Dimensions Beauty Academy Inc in Barbering, which is 2 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2020, 41 degrees were awarded to men at New Dimensions Beauty Academy Inc in Master Aesthetician, which is 20.5 times more than the 2 male recipients with that same degree.

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Graduation Rate by Race and Sex

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

The student demographic with the highest graduation rate in 2019 at New Dimensions Beauty Academy Inc is Male and White (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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2020)
  1. White
    69 degrees awarded
  2. Hispanic or Latino
    26 degrees awarded
  3. Asian
    7 degrees awarded

The most common race/ethnicity at New Dimensions Beauty Academy Inc is white (69 degrees awarded). There were 2.65 times more white recipients than the next closest race/ethnicity group, hispanic or latino (26 degrees).

0.901% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2020)
  1. White Female
    64 degrees awarded
  2. Hispanic or Latino Female
    25 degrees awarded
  3. Asian Female
    7 degrees awarded

The most common race/ethnicity and sex grouping at New Dimensions Beauty Academy Inc is white female (64 degrees awarded). There were 2.56 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (25 degrees).

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Operations

Salary Expenditure

$336k
2019 Salaries
10.9%
growth from 2018

In 2019, New Dimensions Beauty Academy Inc paid a median of $336k in salaries, a 10.9% growth from the previous year. This is compared to a 6.63% growth between 2017 and 2018, and a 5.68% growth between 2016 and 2017.

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

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