Palomar Institute of Cosmetology

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2023 Average Net Price
$21,484
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
173
100% Full-Time

About

Palomar Institute of Cosmetology is a higher education institution located in San Diego County, CA. In 2023, the most popular Certificate of at least 1 but less than 2 academic years concentrations at Palomar Institute of Cosmetology were Aesthetician & Skin Care Specialist (107 degrees awarded) and Nail Specialist & Manicurist (53 degrees).

In 2023, 231 degrees were awarded across all undergraduate and graduate programs at Palomar Institute of Cosmetology. 97.8% of these degrees were awarded to women, and 2.16% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (124 degrees), 1.75 times more than then the next closest race/ethnicity group, white (71 degrees).

In 2020 the default rate for borrower's at Palomar Institute of Cosmetology was 0%, corresponding to 0 out of the 114 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 $21,484.

In 2023, 39% of undergraduate students attending Palomar Institute of Cosmetology received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Average Net Price

$21,484
2023 Value
32.6%
1 Year Growth

In 2023 Palomar Institute of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $21,484. Between 2022 and 2023, the average net price of Palomar Institute of Cosmetology grew by 32.6%.

This chart compares the average net price of Palomar 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

39%
Undergraduates Receiving Financial Aid through Grants
38%
Undergraduates Receiving Financial Aid through Loans

39% of undergraduate students at Palomar Institute of Cosmetology received financial aid through grants or loans in 2023. This represents a decline of 26.4% with respect to 2022, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Palomar 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Palomar Institute of Cosmetology was 0%, which represents 0 out of the 114 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

Palomar Institute of Cosmetology had a total enrollment of 173 students in 2023. The full-time enrollment at Palomar Institute of Cosmetology is 173 students and the part-time enrollment is 0. This means that 100% of students enrolled at Palomar Institute of Cosmetology are enrolled full-time.

The enrolled student population at Palomar Institute of Cosmetology, both undergraduate and graduate, is 58.4% Hispanic or Latino, 27.2% White, 5.2% Two or More Races, 4.05% Asian, 0.578% Native Hawaiian or Other Pacific Islanders, 0.578% American Indian or Alaska Native, and 0.578% Black or African American.

Students enrolled at Palomar Institute of Cosmetology in full-time Undergraduate programs are most commonly Hispanic or Latino Female (53.1%), followed by White Female (30.2%) and Two or More Races Female (4.9%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Palomar Institute of Cosmetology in 2023, both undergraduate and graduate, is 173 students. The full-time enrollment at Palomar Institute of Cosmetology is 173 and the part-time enrollment is 0.

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

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Retention Rate over Time

100%
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 Palomar Institute of Cosmetology was 100%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    101 enrolled students
  2. White
    47 enrolled students
  3. Two or More Races
    9 enrolled students

The enrolled student population at Palomar Institute of Cosmetology is 58.4% Hispanic or Latino, 27.2% White, 5.2% Two or More Races, 4.05% Asian, 0.578% Native Hawaiian or Other Pacific Islanders, 0.578% American Indian or Alaska Native, and 0.578% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 221 more women than men received degrees from Palomar Institute of Cosmetology. The most common race/ethnicity group of degree recipients at Palomar Institute of Cosmetology is hispanic or latino (124 degrees awarded). There were 1.75 times more hispanic or latino recipients than the next closest race/ethnicity group, white (71 degrees).

The most common Certificate of at least 1 but less than 2 academic years concentration at Palomar Institute of Cosmetology is Aesthetician & Skin Care Specialist (107 degrees awarded), followed by Nail Specialist & Manicurist (53 degrees).

In 2023,  the most specialized majors across all degree types at Palomar Institute of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (231 degrees awarded).

Common Jobs by Major

Chefs & head cooks
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Palomar Institute of Cosmetology are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Palomar Institute of Cosmetology in 2023 are Personal & Culinary Services (231 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

Chief executives & legislators
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Palomar Institute of Cosmetology are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Palomar Institute of Cosmetology are Personal & Culinary Services (231 degrees awarded) (as of 2023).

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Common Industries by Major

Restaurants & Food Services
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Palomar Institute of Cosmetology are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Palomar Institute of Cosmetology are Personal & Culinary Services (231 degrees awarded) (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 Palomar Institute of Cosmetology.
Most Common (2023)
  1. Aesthetician & Skin Care Specialist
    107 degrees awarded
  2. Nail Specialist & Manicurist
    53 degrees awarded

In 2023, the most common N/A concentration at Palomar Institute of Cosmetology was Aesthetician & Skin Care Specialist with 107 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at Palomar Institute of Cosmetology according to their major.

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Sex Breakdown for Common Majors

5
Degrees Awarded to Men
in 2023
226
Degrees Awarded to Women
in 2023

In 2023, 5 degrees were awarded to men at Palomar Institute of Cosmetology, which is 0.0221 times less than the number of degrees awarded to females (226).

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

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Most Common Male Majors

In 2023, 3 degrees were awarded to men at Palomar Institute of Cosmetology in General Cosmetology, which is 0.0441 times less than the 68 female recipients with that same degree.

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Most Common Female Majors

In 2023, 106 degrees were awarded to men at Palomar Institute of Cosmetology in Aesthetician & Skin Care Specialist, which is 106 times more than the 1 male recipients with that same degree.

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Time to Complete

N/A%
100% Completion Time
8%
150% Completion Time

In 2023, N/A% of students graduating from Palomar Institute of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 8% completed their degrees within 150% of the normal time, and 41% 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 (2023)
  1. Hispanic or Latino
    124 degrees awarded
  2. White
    71 degrees awarded
  3. Two or More Races
    14 degrees awarded

The most common race/ethnicity at Palomar Institute of Cosmetology is hispanic or latino (124 degrees awarded). There were 1.75 times more hispanic or latino recipients than the next closest race/ethnicity group, white (71 degrees).

2.16% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    122 degrees awarded
  2. White Female
    69 degrees awarded
  3. Two or More Races Female
    13 degrees awarded

The most common race/ethnicity and sex grouping at Palomar Institute of Cosmetology is hispanic or latino female (122 degrees awarded). There were 1.77 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (69 degrees).

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Operations

Salary Expenditure

$878k
2023 Salaries
7.13%
growth from 2022

In 2023, Palomar Institute of Cosmetology paid a median of $878k in salaries, a 7.13% growth from the previous year. This is compared to a 30.9% growth between 2021 and 2022, and a 35.8% decline between 2020 and 2021.

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

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