Salon Success Academy-Corona

www.salonsuccessacademy.com

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2022 Average Net Price

$16,193

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

236

53.4% Full-Time

About

Salon Success Academy-Corona is a higher education institution located in Riverside County, CA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Salon Success Academy-Corona were General Cosmetology (37 degrees awarded).

In 2022, 188 degrees were awarded across all undergraduate and graduate programs at Salon Success Academy-Corona. 98.9% of these degrees were awarded to women, and 1.06% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (112 degrees), 2.95 times more than then the next closest race/ethnicity group, white (38 degrees).

In 2020 the default rate for borrower's at Salon Success Academy-Corona was 0%, corresponding to 0 out of the 244 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 $16,193.

In 2022, 48% of undergraduate students attending Salon Success Academy-Corona received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$16,193

2022 Value

22.8%

1 Year Growth

In 2022 Salon Success Academy-Corona had an average net price — the price paid after factoring in grants and loans — of $16,193. Between 2021 and 2022, the average net price of Salon Success Academy-Corona grew by 22.8%.

This chart compares the average net price of Salon Success Academy-Corona (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

48%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Salon Success Academy-Corona received financial aid through grants or loans in 2022. This represents a decline of 18.6% with respect to 2021, when 59% of undergraduate students received financial aid.

This chart compares the average award discount at Salon Success Academy-Corona (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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Salon Success Academy-Corona was 0%, which represents 0 out of the 244 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

Salon Success Academy-Corona had a total enrollment of 236 students in 2022. The full-time enrollment at Salon Success Academy-Corona is 126 students and the part-time enrollment is 110. This means that 53.4% of students enrolled at Salon Success Academy-Corona are enrolled full-time.

The enrolled student population at Salon Success Academy-Corona, both undergraduate and graduate, is 64.4% Hispanic or Latino, 18.6% White, 6.78% Black or African American, 3.39% Two or More Races, 2.97% Asian, 2.12% Native Hawaiian or Other Pacific Islanders, and 0.424% American Indian or Alaska Native.

Students enrolled at Salon Success Academy-Corona in full-time Undergraduate programs are most commonly Hispanic or Latino Female (57.9%), followed by White Female (26.2%) and Black or African American Female (5.56%).

Full-Time vs Part-Time Enrollment

53.4%

Full-Time Enrollment

The total enrollment at Salon Success Academy-Corona in 2022, both undergraduate and graduate, is 236 students. The full-time enrollment at Salon Success Academy-Corona is 126 and the part-time enrollment is 110.

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

Retention Rate over Time

93%

2022 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 Success Academy-Corona was 93%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
152 enrolled students
White
44 enrolled students
Black or African American
16 enrolled students

The enrolled student population at Salon Success Academy-Corona is 64.4% Hispanic or Latino, 18.6% White, 6.78% Black or African American, 3.39% Two or More Races, 2.97% Asian, 2.12% Native Hawaiian or Other Pacific Islanders, and 0.424% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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, 2 students (0.847%) did not report their race.

Graduates

In 2022, 184 more women than men received degrees from Salon Success Academy-Corona. The most common race/ethnicity group of degree recipients at Salon Success Academy-Corona is hispanic or latino (112 degrees awarded). There were 2.95 times more hispanic or latino recipients than the next closest race/ethnicity group, white (38 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Salon Success Academy-Corona is General Cosmetology (37 degrees awarded).

In 2022, the most specialized majors across all degree types at Salon Success Academy-Corona, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (188 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 Success Academy-Corona are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Salon Success Academy-Corona in 2022 are Personal & Culinary Services (188 degrees awarded) (as of 2022).

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 Success Academy-Corona are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Salon Success Academy-Corona are Personal & Culinary Services (188 degrees awarded) (as of 2022).

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 Success Academy-Corona are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Salon Success Academy-Corona are Personal & Culinary Services (188 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Salon Success Academy-Corona.

General Cosmetology

Most Common (2022)

37 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Salon Success Academy-Corona was General Cosmetology with 37 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

186

Degrees Awarded to Women

in 2022

In 2022, 2 degrees were awarded to men at Salon Success Academy-Corona, which is 0.0108 times less than the number of degrees awarded to females (186).

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

Most Common Male Majors

In 2022, 1 degrees were awarded to men at Salon Success Academy-Corona in General Cosmetology, which is 0.0278 times less than the 36 female recipients with that same degree.

Most Common Female Majors

In 2022, 122 degrees were awarded to men at Salon Success Academy-Corona in Aesthetician & Skin Care Specialist, which is 122 times more than the 1 male recipients with that same degree.

Time to Complete

37%

100% Completion Time

86%

150% Completion Time

In 2022, 37% of students graduating from Salon Success Academy-Corona completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 86% completed their degrees within 150% of the normal time, and 86% 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 (2022)

Hispanic or Latino
112 degrees awarded
White
38 degrees awarded
Black or African American
17 degrees awarded

The most common race/ethnicity at Salon Success Academy-Corona is hispanic or latino (112 degrees awarded). There were 2.95 times more hispanic or latino recipients than the next closest race/ethnicity group, white (38 degrees).

0.532% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
110 degrees awarded
White Female
38 degrees awarded
Black or African American Female
17 degrees awarded

The most common race/ethnicity and sex grouping at Salon Success Academy-Corona is hispanic or latino female (110 degrees awarded). There were 2.89 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (38 degrees).

Operations

Salary Expenditure

$1.45M

2022 Salaries

5.95%

growth from 2021

In 2022, Salon Success Academy-Corona paid a median of $1.45M in salaries, a 5.95% growth from the previous year. This is compared to a 32.3% decline between 2020 and 2021, and a 4.37% growth between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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