Premier Academy of Cosmetology

https://premiercosmo.com

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2023 Average Net Price

$17,917

After Financial Aid

2022 Default Rate

on Student Loans

2023 Enrolled Students

72.5% Full-Time

About

Premier Academy of Cosmetology is a higher education institution located in Pittsburg County, OK. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Premier Academy of Cosmetology were General Cosmetology (12 degrees awarded) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2022, 15 degrees were awarded across all undergraduate and graduate programs at Premier Academy of Cosmetology. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (8 degrees), 2 times more than then the next closest race/ethnicity group, american indian or alaska native (4 degrees).

In 2022 the default rate for borrower's at Premier Academy of Cosmetology was 0%, corresponding to 0 out of the 35 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 $17,917.

In 2023, 75% of undergraduate students attending Premier Academy of Cosmetology received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Average Net Price

$17,917

2023 Value

5.97%

1 Year Growth

In 2023 Premier Academy of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $17,917. Between 2022 and 2023, the average net price of Premier Academy of Cosmetology grew by 5.97%.

This chart compares the average net price of Premier Academy 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.

Financial Aid by Income Level

75%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at Premier Academy of Cosmetology received financial aid through grants or loans in 2023. This represents a growth of 4.17% with respect to 2022, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Premier Academy 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.

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.

2022 Default Rate

Number of Defaults

In 2022 the default rate for borrower's at Premier Academy of Cosmetology was 0%, which represents 0 out of the 35 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

Premier Academy of Cosmetology had a total enrollment of 40 students in 2023. The full-time enrollment at Premier Academy of Cosmetology is 29 students and the part-time enrollment is 11. This means that 72.5% of students enrolled at Premier Academy of Cosmetology are enrolled full-time.

The enrolled student population at Premier Academy of Cosmetology, both undergraduate and graduate, is 67.5% White, 27.5% American Indian or Alaska Native, and 5% Hispanic or Latino.

Students enrolled at Premier Academy of Cosmetology in full-time Undergraduate programs are most commonly White Female (63%), followed by American Indian or Alaska Native Female (29.6%) and Hispanic or Latino Female (7.41%).

Full-Time vs Part-Time Enrollment

72.5%

Full-Time Enrollment

The total enrollment at Premier Academy of Cosmetology in 2023, both undergraduate and graduate, is 40 students. The full-time enrollment at Premier Academy of Cosmetology is 29 and the part-time enrollment is 11.

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

Retention Rate over Time

86%

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 Premier Academy of Cosmetology was 86%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
27 enrolled students
American Indian or Alaska Native
11 enrolled students
Hispanic or Latino
2 enrolled students

The enrolled student population at Premier Academy of Cosmetology is 67.5% White, 27.5% American Indian or Alaska Native, and 5% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 15 more women than men received degrees from Premier Academy of Cosmetology. The most common race/ethnicity group of degree recipients at Premier Academy of Cosmetology is white (8 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (4 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Premier Academy of Cosmetology is General Cosmetology (12 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2023, the most specialized majors across all degree types at Premier Academy of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (15 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 Premier Academy 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 Premier Academy of Cosmetology in 2023 are Personal & Culinary Services (15 degrees awarded) (as of 2023).

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 Premier Academy of Cosmetology are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Premier Academy of Cosmetology are Personal & Culinary Services (15 degrees awarded) (as of 2023).

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 Premier Academy of Cosmetology 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 Premier Academy of Cosmetology are Personal & Culinary Services (15 degrees awarded) (as of 2023).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Premier Academy of Cosmetology.

Most Common (2023)

General Cosmetology
12 degrees awarded
Cosmetology, Barber, & Nail Instructor
2 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Premier Academy of Cosmetology was General Cosmetology with 12 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 0 degrees were awarded to men at Premier Academy of Cosmetology, 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 Premier Academy of Cosmetology by degrees awarded.

Most Common Female Majors

In 2023, 12 degrees were awarded to women at Premier Academy of Cosmetology in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

67%

150% Completion Time

In 2023, 67% of students graduating from Premier Academy of Cosmetology completed their program within 150% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 200% of the normal time.

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
8 degrees awarded
American Indian or Alaska Native
4 degrees awarded
Hispanic or Latino
3 degrees awarded

The most common race/ethnicity at Premier Academy of Cosmetology is white (8 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, american indian or alaska native (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
8 degrees awarded
American Indian or Alaska Native Female
4 degrees awarded
Hispanic or Latino Female
3 degrees awarded

The most common race/ethnicity and sex grouping at Premier Academy of Cosmetology is white female (8 degrees awarded). There were 2 times more white female recipients than the next closest race/ethnicity group, american indian or alaska native female (4 degrees).

Operations

Salary Expenditure

$125k

2023 Salaries

8.45%

decline from 2022

In 2023, Premier Academy of Cosmetology paid a median of $125k in salaries, a 8.45% decline from the previous year. This is compared to a 23.9% growth between 2021 and 2022, and a 70.2% growth between 2020 and 2021.