Palmetto Beauty School

www.palmettocosmo.com

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2019 Average Net Price

$20,153

After Financial Aid

2017 Default Rate

17%

on Student Loans

2019 Enrolled Students

92% Full-Time

About

Palmetto Beauty School is a higher education institution located in Spartanburg County, SC. In 2020, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Palmetto Beauty School were Other Cosmetology & Related Personal Grooming Arts (3 degrees awarded).

In 2019, 15 degrees were awarded across all undergraduate and graduate programs at Palmetto Beauty School. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was black or african american (2 degrees), 2 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

In 2017 the default rate for borrower's at Palmetto Beauty School was 17%, corresponding to 8 out of the 47 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 $20,153.

In 2019, 56% of undergraduate students attending Palmetto Beauty School received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

Average Net Price

$20,153

2019 Value

9.08%

1 Year Growth

In 2019 Palmetto Beauty School had an average net price — the price paid after factoring in grants and loans — of $20,153. Between 2018 and 2019, the average net price of Palmetto Beauty School grew by 9.08%.

This chart compares the average net price of Palmetto Beauty School (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

56%

Undergraduates Receiving Financial Aid through Grants

53%

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Palmetto Beauty School received financial aid through grants or loans in 2019. This represents a decline of 44% with respect to 2018, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Palmetto Beauty School (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.

17%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Palmetto Beauty School was 17%, which represents 8 out of the 47 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

Palmetto Beauty School had a total enrollment of 25 students in 2019. The full-time enrollment at Palmetto Beauty School is 23 students and the part-time enrollment is 2. This means that 92% of students enrolled at Palmetto Beauty School are enrolled full-time.

The enrolled student population at Palmetto Beauty School, both undergraduate and graduate, is 68% Black or African American, 20% White, 8% Two or More Races, and 4% Hispanic or Latino.

Students enrolled at Palmetto Beauty School in full-time Undergraduate programs are most commonly Black or African American Female (65.2%), followed by White Female (21.7%) and Two or More Races Female (8.7%).

Full-Time vs Part-Time Enrollment

92%

Full-Time Enrollment

The total enrollment at Palmetto Beauty School in 2019, both undergraduate and graduate, is 25 students. The full-time enrollment at Palmetto Beauty School is 23 and the part-time enrollment is 2.

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

Retention Rate over Time

61%

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 Palmetto Beauty School was 61%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2019)

Black or African American
17 enrolled students
White
5 enrolled students
Two or More Races
2 enrolled students

The enrolled student population at Palmetto Beauty School is 68% Black or African American, 20% White, 8% Two or More Races, and 4% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2019, 15 more women than men received degrees from Palmetto Beauty School. The most common race/ethnicity group of degree recipients at Palmetto Beauty School is black or african american (2 degrees awarded). There were 2 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Palmetto Beauty School is Other Cosmetology & Related Personal Grooming Arts (3 degrees awarded).

In 2020, the most specialized majors across all degree types at Palmetto Beauty School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (3 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 Palmetto Beauty School 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 Palmetto Beauty School in 2020 are Personal & Culinary Services (3 degrees awarded) (as of 2020).

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 Palmetto Beauty School are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Palmetto Beauty School are Personal & Culinary Services (3 degrees awarded) (as of 2020).

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 Palmetto Beauty School 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 Palmetto Beauty School are Personal & Culinary Services (3 degrees awarded) (as of 2020).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Palmetto Beauty School.

Other Cosmetology & Related Personal Grooming Arts

Most Common (2020)

3 degrees awarded

In 2020, the most common 1 to 2 year postsecondary certificate concentration at Palmetto Beauty School was Other Cosmetology & Related Personal Grooming Arts with 3 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Palmetto Beauty School according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 0 degrees were awarded to men at Palmetto Beauty School, which is 0 times less than the number of degrees awarded to females (15).

This chart displays the sex disparity between the top 5 majors at Palmetto Beauty School by degrees awarded.

Most Common Female Majors

In 2020, 3 degrees were awarded to women at Palmetto Beauty School in Other Cosmetology & Related Personal Grooming Arts. There were no male recipients with the same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2020)

Black or African American
2 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Palmetto Beauty School is black or african american (2 degrees awarded). There were 2 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2020)

Black or African American Female
2 degrees awarded
Hispanic or Latino Female
1 degrees awarded

The most common race/ethnicity and sex grouping at Palmetto Beauty School is black or african american female (2 degrees awarded). There were 2 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (1 degrees).

Operations

Salary Expenditure

$143k

2019 Salaries

14.8%

decline from 2018

In 2019, Palmetto Beauty School paid a median of $143k in salaries, a 14.8% decline from the previous year. This is compared to a 29.9% decline between 2017 and 2018, and a 2.5% decline between 2016 and 2017.

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

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