Salon Academy

salonacademymi.net

2017 Average Net Price

$12,051

After Financial Aid

2014 Default Rate

10.9%

on Student Loans

2016 Enrolled Students

100% Full-Time

Costs

After taking grants and loans into account, the average net price for students is $12,051.

In 2017, 89% of undergraduate students attending Salon Academy received financial aid through grants. Comparatively, 96% of undergraduate students received financial aid through loans.

Average Net Price

$12,051

2017 Value

0.744%

1 Year Growth

In 2017 Salon Academy had an average net price — the price paid after factoring in grants and loans — of $12,051. Between 2016 and 2017, the average net price of Salon Academy grew by 0.744%.

This chart compares the average net price of Salon 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.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

96%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Salon Academy received financial aid through grants or loans in 2017. This represents a growth of 34.8% with respect to 2016, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Salon 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.

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.

10.9%

2014 Default Rate

Number of Defaults

In 2014 the default rate for borrower's at Salon Academy was 10.9%, which represents 5 out of the 46 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.

Graduates

In 2017, 23 more women than men received degrees from Salon Academy. The most common race/ethnicity group of degree recipients at Salon Academy is white (24 degrees awarded). There were 12 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Salon Academy is General Cosmetology (26 degrees awarded).

In 2017, the most specialized majors across all degree types at Salon Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (27 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 Salon Academy are Chefs & head cooks (8,029 people), Morticians, undertakers, & funeral directors (2,563 people), Cooks (2,527 people), Food service managers (2,129 people), and Other managers (1,234 people).

The most specialized majors at Salon Academy in 2017 are Personal & Culinary Services (27 degrees awarded) (as of 2017).

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 Salon Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

The most specialized majors at Salon Academy are Personal & Culinary Services (27 degrees awarded) (as of 2017).

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 Salon Academy are Restaurants & Food Services (10,067 people), Funeral homes, & cemeteries & crematories (2,964 people), Elementary & secondary schools (2,291 people), Traveler accommodation (1,906 people), and Construction (1,185 people).

The most specialized majors at Salon Academy are Personal & Culinary Services (27 degrees awarded) (as of 2017).

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

Degrees Awarded to Women

in 2017

In 2017, 2 degrees were awarded to men at Salon Academy, which is 0.08 times less than the number of degrees awarded to females (25).

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

Most Common Male Majors

In 2017, 2 degrees were awarded to men at Salon Academy in General Cosmetology, which is 0.0833 times less than the 24 female recipients with that same degree.

Most Common Female Majors

In 2017, 24 degrees were awarded to men at Salon Academy in General Cosmetology, which is 12 times more than the 2 male recipients with that same degree.

Time to Complete

19%

100% Completion Time

51%

150% Completion Time

In 2017, 19% of students graduating from Salon Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 51% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)

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

The most common race/ethnicity at Salon Academy is white (24 degrees awarded). There were 12 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

White Female
45 degrees awarded
White Female
22 degrees awarded
White Female
22 degrees awarded

The most common race/ethnicity and sex grouping at Salon Academy is white female (45 degrees awarded). There were 2.05 times more white female recipients than the next closest race/ethnicity group, white female (22 degrees).

Salon Academy

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About

Costs

Average Net Price

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

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