Ricci's Academy of Cosmetology

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2021 Average Net Price
$16,159
After Financial Aid
2019 Student Loan
4.84%
Default Rate
2021 Enrolled Students
109
100% Full-Time

About

Ricci's Academy of Cosmetology is a higher education institution located in Fairfield County, CT. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Ricci's Academy of Cosmetology were General Cosmetology (50 degrees awarded) and Barbering (13 degrees).

In 2021, 63 degrees were awarded across all undergraduate and graduate programs at Ricci's Academy of Cosmetology. 76.2% of these degrees were awarded to women, and 23.8% awarded men. The most common race/ethnicity group of degree recipients was white (44 degrees), 4 times more than then the next closest race/ethnicity group, hispanic or latino (11 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $16,159.

In 2021, 36% of undergraduate students attending Ricci's Academy of Cosmetology received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$16,159
2021 Value
0.635%
1 Year Growth

In 2021 Ricci's Academy of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $16,159. Between 2020 and 2021, the average net price of Ricci's Academy of Cosmetology grew by 0.635%.

This chart compares the average net price of Ricci's 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.

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Financial Aid by Income Level

36%
Undergraduates Receiving Financial Aid through Grants
57%
Undergraduates Receiving Financial Aid through Loans

36% of undergraduate students at Ricci's Academy of Cosmetology received financial aid through grants or loans in 2021. This represents a decline of 5.26% with respect to 2020, when 38% of undergraduate students received financial aid.

This chart compares the average award discount at Ricci's 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.

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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.
4.84%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Ricci's Academy of Cosmetology was 4.84%, which represents 3 out of the 62 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

Ricci's Academy of Cosmetology had a total enrollment of 109 students in 2021. The full-time enrollment at Ricci's Academy of Cosmetology is 109 students and the part-time enrollment is 0. This means that 100% of students enrolled at Ricci's Academy of Cosmetology are enrolled full-time.

The enrolled student population at Ricci's Academy of Cosmetology, both undergraduate and graduate, is 67.9% White, 22.9% Hispanic or Latino, 7.34% Asian, and 0.917% Black or African American.

Students enrolled at Ricci's Academy of Cosmetology in full-time Undergraduate programs are most commonly White Female (58.7%), followed by Hispanic or Latino Female (17.4%) and White Male (9.17%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Ricci's Academy of Cosmetology in 2021, both undergraduate and graduate, is 109 students. The full-time enrollment at Ricci's Academy of Cosmetology is 109 and the part-time enrollment is 0.

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

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Retention Rate over Time

82%
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 Ricci's Academy of Cosmetology was 82%. Compared with the full-time retention rate at similar (77%), Ricci's Academy of Cosmetology had a retention rate higher than its peers.

This chart shows the retention rate over time at Ricci's Academy 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
    74 enrolled students
  2. Hispanic or Latino
    25 enrolled students
  3. Asian
    8 enrolled students

The enrolled student population at Ricci's Academy of Cosmetology is 67.9% White, 22.9% Hispanic or Latino, 7.34% Asian, and 0.917% Black or African American. 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.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

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learningGraduates

In 2021, 33 more women than men received degrees from Ricci's Academy of Cosmetology. The most common race/ethnicity group of degree recipients at Ricci's Academy of Cosmetology is white (44 degrees awarded). There were 4 times more white recipients than the next closest race/ethnicity group, hispanic or latino (11 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Ricci's Academy of Cosmetology is General Cosmetology (50 degrees awarded), followed by Barbering (13 degrees).

In 2021,  the most specialized majors across all degree types at Ricci's Academy of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (63 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 Ricci's Academy 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 Ricci's Academy of Cosmetology in 2021 are Personal & Culinary Services (63 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 Ricci's Academy 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 Ricci's Academy of Cosmetology are Personal & Culinary Services (63 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 Ricci's Academy 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 Ricci's Academy of Cosmetology are Personal & Culinary Services (63 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 Ricci's Academy of Cosmetology.
Most Common (2021)
  1. 50 degree-majors awarded
  2. 13 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Ricci's Academy of Cosmetology was General Cosmetology with 50 degrees awarded.

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

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Sex Breakdown for Common Majors

15
Degrees Awarded to Men
in 2021
48
Degrees Awarded to Women
in 2021

In 2021, 15 degrees were awarded to men at Ricci's Academy of Cosmetology, which is 0.313 times less than the number of degrees awarded to females (48).

This chart displays the sex disparity between the top 5 majors at Ricci's Academy of Cosmetology by degrees awarded.

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Most Common Male Majors

In 2021, 9 degrees were awarded to men at Ricci's Academy of Cosmetology in Barbering, which is 2.25 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2021, 44 degrees were awarded to men at Ricci's Academy of Cosmetology in General Cosmetology, which is 7.33 times more than the 6 male recipients with that same degree.

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Time to Complete

23%
100% Completion Time
71%
150% Completion Time

In 2021, 23% of students graduating from Ricci's Academy of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 73% 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
    44 degrees awarded
  2. Hispanic or Latino
    11 degrees awarded
  3. Asian
    4 degrees awarded

The most common race/ethnicity at Ricci's Academy of Cosmetology is white (44 degrees awarded). There were 4 times more white recipients than the next closest race/ethnicity group, hispanic or latino (11 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
    33 degrees awarded
  2. White Male
    11 degrees awarded
  3. Hispanic or Latino Female
    10 degrees awarded

The most common race/ethnicity and sex grouping at Ricci's Academy of Cosmetology is white female (33 degrees awarded). There were 3 times more white female recipients than the next closest race/ethnicity group, white male (11 degrees).

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briefcaseOperations

Salary Expenditure

$690k
2021 Salaries
61.5%
growth from 2020

In 2021, Ricci's Academy of Cosmetology paid a median of $690k in salaries, a 61.5% growth from the previous year.

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

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