Penrose Academy

penrose.edu

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2023 Average Net Price
$21,862
After Financial Aid
2022 Default Rate
0%
on Student Loans
2021 Acceptance Rate
100%
35 Applicants
2023 Enrolled Students
390
100% Full-Time

About

Penrose Academy is a higher education institution located in Maricopa County, AZ. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Penrose Academy were General Cosmetology (79 degrees awarded) and Hair Styling & Design (41 degrees).

In 2023, 380 degrees were awarded across all undergraduate and graduate programs at Penrose Academy. 98.4% of these degrees were awarded to women, and 1.58% awarded men. The most common race/ethnicity group of degree recipients was white (206 degrees), 2.9 times more than then the next closest race/ethnicity group, hispanic or latino (71 degrees).

In 2022 the default rate for borrower's at Penrose Academy was 0%, corresponding to 0 out of the 241 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 $21,862.

In 2023, 27% of undergraduate students attending Penrose Academy received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Average Net Price

$21,862
2023 Value
29.6%
1 Year Growth

In 2023 Penrose Academy had an average net price — the price paid after factoring in grants and loans — of $21,862. Between 2022 and 2023, the average net price of Penrose Academy grew by 29.6%.

This chart compares the average net price of Penrose Academy (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

27%
Undergraduates Receiving Financial Aid through Grants
43%
Undergraduates Receiving Financial Aid through Loans

27% of undergraduate students at Penrose Academy received financial aid through grants or loans in 2023. This represents a decline of 15.6% with respect to 2022, when 32% of undergraduate students received financial aid.

This chart compares the average award discount at Penrose Academy (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%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Penrose Academy was 0%, which represents 0 out of the 241 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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Admissions

Penrose Academy received 35 undergraduate applications in 2021, which represents a 289% annual growth. Out of those 35 applicants, 35 students were accepted for enrollment, representing a 100% acceptance rate.

There were 390 students enrolled at Penrose Academy in 2023.

Penrose Academy has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

100%
Acceptance Rate in 2021
35
Accepted Out of 35

In 2021, the undergraduate acceptance rate of Penrose Academy was 100% (35 admissions from 35 applications). This is higher than the acceptance rate of 2020, which was 88.9%. Between 2020 and 2021, the number of applicants grew by 289%, while admissions grew by 338%.

This chart compares the acceptance rate of Penrose Academy (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Penrose Academy had a total enrollment of 390 students in 2023. The full-time enrollment at Penrose Academy is 390 students and the part-time enrollment is 0. This means that 100% of students enrolled at Penrose Academy are enrolled full-time.

The enrolled student population at Penrose Academy, both undergraduate and graduate, is 69.5% White, 16.9% Hispanic or Latino, 8.72% Two or More Races, 2.31% American Indian or Alaska Native, 1.79% Asian, and 0.769% Black or African American.

Students enrolled at Penrose Academy in full-time Undergraduate programs are most commonly White Female (65.7%), followed by Hispanic or Latino Female (17.3%) and Two or More Races Female (8.5%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Penrose Academy in 2023, both undergraduate and graduate, is 390 students. The full-time enrollment at Penrose Academy is 390 and the part-time enrollment is 0.

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

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Retention Rate over Time

87%
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 Penrose Academy was 87%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    271 enrolled students
  2. Hispanic or Latino
    66 enrolled students
  3. Two or More Races
    34 enrolled students

The enrolled student population at Penrose Academy is 69.5% White, 16.9% Hispanic or Latino, 8.72% Two or More Races, 2.31% American Indian or Alaska Native, 1.79% Asian, and 0.769% 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, 368 more women than men received degrees from Penrose Academy. The most common race/ethnicity group of degree recipients at Penrose Academy is white (206 degrees awarded). There were 2.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (71 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Penrose Academy is General Cosmetology (79 degrees awarded), followed by Hair Styling & Design (41 degrees).

In 2023,  the most specialized majors across all degree types at Penrose Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (380 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 Penrose Academy 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 Penrose Academy in 2023 are Personal & Culinary Services (380 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 Penrose Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Penrose Academy are Personal & Culinary Services (380 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 Penrose Academy are Restaurants & Food Services (10,934 people), uninformed (2,945 people), Funeral homes, & cemeteries & crematories (2,828 people), Elementary & secondary schools (2,087 people), and Traveler accommodation (1,672 people).

The most specialized majors at Penrose Academy are Personal & Culinary Services (380 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 Penrose Academy.
Most Common (2023)
  1. General Cosmetology
    79 degrees awarded
  2. Hair Styling & Design
    41 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Penrose Academy was General Cosmetology with 79 degrees awarded.

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

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Sex Breakdown for Common Majors

6
Degrees Awarded to Men
in 2023
374
Degrees Awarded to Women
in 2023

In 2023, 6 degrees were awarded to men at Penrose Academy, which is 0.016 times less than the number of degrees awarded to females (374).

This chart displays the sex disparity between the top 5 majors at Penrose Academy by degrees awarded.

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Most Common Male Majors

In 2023, 3 degrees were awarded to men at Penrose Academy in Aesthetician & Skin Care Specialist, which is 0.0117 times less than the 257 female recipients with that same degree.

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Most Common Female Majors

In 2023, 257 degrees were awarded to men at Penrose Academy in Aesthetician & Skin Care Specialist, which is 85.7 times more than the 3 male recipients with that same degree.

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Time to Complete

5%
100% Completion Time
74%
150% Completion Time

In 2023, 5% of students graduating from Penrose Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% 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. White
    206 degrees awarded
  2. Hispanic or Latino
    71 degrees awarded
  3. Two or More Races
    38 degrees awarded

The most common race/ethnicity at Penrose Academy is white (206 degrees awarded). There were 2.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (71 degrees).

13.7% of degree recipients (52 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    202 degrees awarded
  2. Hispanic or Latino Female
    70 degrees awarded
  3. Two or More Races Female
    38 degrees awarded

The most common race/ethnicity and sex grouping at Penrose Academy is white female (202 degrees awarded). There were 2.89 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (70 degrees).

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Operations

Salary Expenditure

$2.51M
2023 Salaries
14.6%
growth from 2022

In 2023, Penrose Academy paid a median of $2.51M in salaries, a 14.6% growth from the previous year. This is compared to a 23.3% growth between 2021 and 2022, and a 2.64% growth between 2020 and 2021.

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