Omega Institute of Cosmetology

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2021 Average Net Price
$8,251
After Financial Aid
2019 Student Loan
1.28%
Default Rate
2021 Enrolled Students
47
100% Full-Time

About

Omega Institute of Cosmetology is a higher education institution located in Terrebonne Parish, LA. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Omega Institute of Cosmetology were General Cosmetology (20 degrees awarded).

In 2020, 36 degrees were awarded across all undergraduate and graduate programs at Omega Institute of Cosmetology. 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 (31 degrees), 10.3 times more than then the next closest race/ethnicity group, american indian or alaska native (3 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $8,251.

In 2021, 66% of undergraduate students attending Omega Institute of Cosmetology received financial aid through grants. Comparatively, 52% of undergraduate students received financial aid through loans.

Average Net Price

$8,251
2021 Value
15.2%
1 Year Growth

In 2021 Omega Institute of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $8,251. Between 2020 and 2021, the average net price of Omega Institute of Cosmetology grew by 15.2%.

This chart compares the average net price of Omega Institute of Cosmetology (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

66%
Undergraduates Receiving Financial Aid through Grants
52%
Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at Omega Institute of Cosmetology received financial aid through grants or loans in 2021. This represents a decline of 8.33% with respect to 2020, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Omega Institute of Cosmetology (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.
1.28%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Omega Institute of Cosmetology was 1.28%, which represents 1 out of the 78 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

Omega Institute of Cosmetology had a total enrollment of 47 students in 2021. The full-time enrollment at Omega Institute of Cosmetology is 47 students and the part-time enrollment is 0. This means that 100% of students enrolled at Omega Institute of Cosmetology are enrolled full-time.

The enrolled student population at Omega Institute of Cosmetology, both undergraduate and graduate, is 85.1% White, 4.26% Black or African American, 4.26% Hispanic or Latino, 4.26% Two or More Races, and 2.13% American Indian or Alaska Native.

Students enrolled at Omega Institute of Cosmetology in full-time Undergraduate programs are most commonly White Female (83%), followed by Black or African American Female (4.26%) and Hispanic or Latino Female (4.26%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Omega Institute of Cosmetology in 2021, both undergraduate and graduate, is 47 students. The full-time enrollment at Omega Institute of Cosmetology is 47 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Omega Institute of Cosmetology (in red) compares to similar universities.

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Retention Rate over Time

93%
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 Omega Institute of Cosmetology was 93%. Compared with the full-time retention rate at similar (77%), Omega Institute of Cosmetology had a retention rate higher than its peers.

This chart shows the retention rate over time at Omega Institute of Cosmetology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    40 enrolled students
  2. Black or African American
    2 enrolled students
  3. Hispanic or Latino
    2 enrolled students

The enrolled student population at Omega Institute of Cosmetology is 85.1% White, 4.26% Black or African American, 4.26% Hispanic or Latino, 4.26% Two or More Races, and 2.13% American Indian or Alaska Native. 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 2020, 34 more women than men received degrees from Omega Institute of Cosmetology. The most common race/ethnicity group of degree recipients at Omega Institute of Cosmetology is white (31 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Omega Institute of Cosmetology is General Cosmetology (20 degrees awarded).

In 2021,  the most specialized majors across all degree types at Omega Institute of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (36 degrees awarded).

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 Omega Institute of Cosmetology are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

The most specialized majors at Omega Institute of Cosmetology in 2021 are Personal & Culinary Services (36 degrees awarded) (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 Omega Institute of Cosmetology are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Omega Institute of Cosmetology are Personal & Culinary Services (36 degrees awarded) (as of 2021).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Omega Institute of Cosmetology are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

The most specialized majors at Omega Institute of Cosmetology are Personal & Culinary Services (36 degrees awarded) (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 Omega Institute of Cosmetology.
Most Common (2021)
20 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Omega Institute of Cosmetology was General Cosmetology with 20 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Omega Institute of Cosmetology according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2020
35
Degrees Awarded to Women
in 2020

In 2020, 1 degrees were awarded to men at Omega Institute of Cosmetology, which is 0.0286 times less than the number of degrees awarded to females (35).

This chart displays the sex disparity between the top 5 majors at Omega Institute of Cosmetology by degrees awarded.

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Most Common Female Majors

In 2021, 20 degrees were awarded to women at Omega Institute of Cosmetology in General Cosmetology. There were no male recipients with the same degree.

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Time to Complete

41%
100% Completion Time
94%
150% Completion Time

In 2021, 41% of students graduating from Omega Institute of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 94% 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

Most Common Student Race or Ethnicity (2021)
  1. White
    31 degrees awarded
  2. American Indian or Alaska Native
    3 degrees awarded
  3. Native Hawaiian or Other Pacific Islanders
    1 degrees awarded

The most common race/ethnicity at Omega Institute of Cosmetology is white (31 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (3 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    31 degrees awarded
  2. American Indian or Alaska Native Female
    3 degrees awarded
  3. Native Hawaiian or Other Pacific Islanders Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Omega Institute of Cosmetology is white female (31 degrees awarded). There were 10.3 times more white female recipients than the next closest race/ethnicity group, american indian or alaska native female (3 degrees).

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briefcaseOperations

Salary Expenditure

$224k
2021 Salaries
3.5%
growth from 2020

In 2021, Omega Institute of Cosmetology paid a median of $224k in salaries, a 3.5% growth from the previous year.

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

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