Salon & Spa Institute

www.ssi.edu

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2023 Average Net Price
$12,375
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
91
3.3% Full-Time

About

Salon & Spa Institute is a higher education institution located in Cameron County, TX. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Salon & Spa Institute were General Cosmetology (21 degrees awarded).

In 2022, 47 degrees were awarded across all undergraduate and graduate programs at Salon & Spa Institute. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (61 degrees), 30.5 times more than then the next closest race/ethnicity group, white (2 degrees).

In 2022 the default rate for borrower's at Salon & Spa Institute was 0%, corresponding to 0 out of the 63 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 $12,375.

In 2023, 79% of undergraduate students attending Salon & Spa Institute received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Average Net Price

$12,375
2023 Value
59.5%
1 Year Growth

In 2023 Salon & Spa Institute had an average net price — the price paid after factoring in grants and loans — of $12,375. Between 2022 and 2023, the average net price of Salon & Spa Institute grew by 59.5%.

This chart compares the average net price of Salon & Spa Institute (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

79%
Undergraduates Receiving Financial Aid through Grants
81%
Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Salon & Spa Institute received financial aid through grants or loans in 2023. This represents a decline of 3.66% with respect to 2022, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Salon & Spa Institute (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 Salon & Spa Institute was 0%, which represents 0 out of the 63 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

Salon & Spa Institute had a total enrollment of 91 students in 2023. The full-time enrollment at Salon & Spa Institute is 3 students and the part-time enrollment is 88. This means that 3.3% of students enrolled at Salon & Spa Institute are enrolled full-time.

The enrolled student population at Salon & Spa Institute, both undergraduate and graduate, is 98.9% Hispanic or Latino and 1.1% White.

Students enrolled at Salon & Spa Institute in full-time Undergraduate programs are most commonly Hispanic or Latino Female (86.7%), followed by White Female (13.3%).

Full-Time vs Part-Time Enrollment

3.3%
Full-Time Enrollment

The total enrollment at Salon & Spa Institute in 2023, both undergraduate and graduate, is 91 students. The full-time enrollment at Salon & Spa Institute is 3 and the part-time enrollment is 88.

This chart shows the full-time vs part-time enrollment status at Salon & Spa Institute (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 Salon & Spa Institute was 100%.

This chart shows the retention rate over time at Salon & Spa Institute (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
    90 enrolled students
  2. White
    1 enrolled students

The enrolled student population at Salon & Spa Institute is 98.9% Hispanic or Latino and 1.1% White. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 47 more women than men received degrees from Salon & Spa Institute. The most common race/ethnicity group of degree recipients at Salon & Spa Institute is hispanic or latino (61 degrees awarded). There were 30.5 times more hispanic or latino recipients than the next closest race/ethnicity group, white (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Salon & Spa Institute is General Cosmetology (21 degrees awarded).

In 2023,  the most specialized majors across all degree types at Salon & Spa Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (64 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 & Spa Institute 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 Salon & Spa Institute in 2023 are Personal & Culinary Services (64 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 Salon & Spa Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Salon & Spa Institute are Personal & Culinary Services (64 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 Salon & Spa Institute 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 Salon & Spa Institute are Personal & Culinary Services (64 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 Salon & Spa Institute.
General Cosmetology
Most Common (2023)
21 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Salon & Spa Institute was General Cosmetology with 21 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Salon & Spa Institute according to their major.

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Sex Breakdown for Common Majors

0
Degrees Awarded to Men
in 2022
47
Degrees Awarded to Women
in 2022

In 2022, 0 degrees were awarded to men at Salon & Spa Institute, which is 0 times less than the number of degrees awarded to females (47).

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

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Most Common Female Majors

In 2023, 22 degrees were awarded to women at Salon & Spa Institute in Nail Specialist & Manicurist. There were no male recipients with the same degree.

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Time to Complete

4%
100% Completion Time
67%
150% Completion Time

In 2023, 4% of students graduating from Salon & Spa Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 67% 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
    61 degrees awarded
  2. White
    2 degrees awarded
  3. Black or African American
    1 degrees awarded

The most common race/ethnicity at Salon & Spa Institute is hispanic or latino (61 degrees awarded). There were 30.5 times more hispanic or latino recipients than the next closest race/ethnicity group, white (2 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    61 degrees awarded
  2. White Female
    2 degrees awarded
  3. Black or African American Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at Salon & Spa Institute is hispanic or latino female (61 degrees awarded). There were 30.5 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (2 degrees).

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Operations

Salary Expenditure

$605k
2023 Salaries
47.9%
growth from 2022

In 2023, Salon & Spa Institute paid a median of $605k in salaries, a 47.9% growth from the previous year. This is compared to a 28.6% growth between 2021 and 2022, and a 27.3% decline between 2020 and 2021.

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