Salon Success Academy-Corona

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2021 Average Net Price
$13,185
After Financial Aid
2019 Student Loan
2.18%
Default Rate
2021 Enrolled Students
187
59.4% Full-Time

About

Salon Success Academy-Corona is a higher education institution located in Riverside County, CA. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Salon Success Academy-Corona were General Cosmetology (32 degrees awarded).

In 2021, 136 degrees were awarded across all undergraduate and graduate programs at Salon Success Academy-Corona. 97.8% of these degrees were awarded to women, and 2.21% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (70 degrees), 1.79 times more than then the next closest race/ethnicity group, white (39 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $13,185.

In 2021, 59% 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

$13,185
2021 Value
20.2%
1 Year Growth

In 2021 Salon Success Academy-Corona had an average net price — the price paid after factoring in grants and loans — of $13,185. Between 2020 and 2021, the average net price of Salon Success Academy-Corona grew by 20.2%.

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.

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Financial Aid by Income Level

59%
Undergraduates Receiving Financial Aid through Grants
57%
Undergraduates Receiving Financial Aid through Loans

59% of undergraduate students at Salon Success Academy-Corona received financial aid through grants or loans in 2021. This represents a decline of 18.1% with respect to 2020, when 72% 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.

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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.
2.18%
2019 Default Rate
5
Number of Defaults

In 2019 the default rate for borrower's at Salon Success Academy-Corona was 2.18%, which represents 5 out of the 229 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

Salon Success Academy-Corona had a total enrollment of 187 students in 2021. The full-time enrollment at Salon Success Academy-Corona is 111 students and the part-time enrollment is 76. This means that 59.4% 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 60.4% Hispanic or Latino, 17.6% White, 12.3% Black or African American, 5.88% Asian, 2.14% Two or More Races, and 1.07% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Salon Success Academy-Corona in full-time Undergraduate programs are most commonly Hispanic or Latino Female (59.5%), followed by White Female (18.9%) and Black or African American Female (14.4%).

Full-Time vs Part-Time Enrollment

59.4%
Full-Time Enrollment

The total enrollment at Salon Success Academy-Corona in 2021, both undergraduate and graduate, is 187 students. The full-time enrollment at Salon Success Academy-Corona is 111 and the part-time enrollment is 76.

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

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Retention Rate over Time

81%
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 Salon Success Academy-Corona was 81%. Compared with the full-time retention rate at similar (77%), Salon Success Academy-Corona had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Hispanic or Latino
    113 enrolled students
  2. White
    33 enrolled students
  3. Black or African American
    23 enrolled students

The enrolled student population at Salon Success Academy-Corona is 60.4% Hispanic or Latino, 17.6% White, 12.3% Black or African American, 5.88% Asian, 2.14% Two or More Races, and 1.07% Native Hawaiian or Other Pacific Islanders. 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.

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learningGraduates

In 2021, 130 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 (70 degrees awarded). There were 1.79 times more hispanic or latino recipients than the next closest race/ethnicity group, white (39 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Salon Success Academy-Corona is General Cosmetology (32 degrees awarded).

In 2021,  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 (136 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 Salon Success Academy-Corona 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 Salon Success Academy-Corona in 2021 are Personal & Culinary Services (136 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 Salon Success Academy-Corona are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Salon Success Academy-Corona are Personal & Culinary Services (136 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 Salon Success Academy-Corona 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 Salon Success Academy-Corona are Personal & Culinary Services (136 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 Salon Success Academy-Corona.
Most Common (2021)
32 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Salon Success Academy-Corona was General Cosmetology with 32 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.

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2021
133
Degrees Awarded to Women
in 2021

In 2021, 3 degrees were awarded to men at Salon Success Academy-Corona, which is 0.0226 times less than the number of degrees awarded to females (133).

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

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Most Common Male Majors

In 2021, 2 degrees were awarded to men at Salon Success Academy-Corona in General Cosmetology, which is 0.0667 times less than the 30 female recipients with that same degree.

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Most Common Female Majors

In 2021, 92 degrees were awarded to men at Salon Success Academy-Corona in Aesthetician & Skin Care Specialist, which is 92 times more than the 1 male recipients with that same degree.

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Time to Complete

43%
100% Completion Time
84%
150% Completion Time

In 2021, 43% 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, 84% completed their degrees within 150% of the normal time, and 84% 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. Hispanic or Latino
    70 degrees awarded
  2. White
    39 degrees awarded
  3. Black or African American
    10 degrees awarded

The most common race/ethnicity at Salon Success Academy-Corona is hispanic or latino (70 degrees awarded). There were 1.79 times more hispanic or latino recipients than the next closest race/ethnicity group, white (39 degrees).

3.68% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. Hispanic or Latino Female
    68 degrees awarded
  2. White Female
    39 degrees awarded
  3. Black or African American Female
    9 degrees awarded

The most common race/ethnicity and sex grouping at Salon Success Academy-Corona is hispanic or latino female (68 degrees awarded). There were 1.74 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (39 degrees).

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briefcaseOperations

Salary Expenditure

$1.37M
2021 Salaries
32.3%
decline from 2020

In 2021, Salon Success Academy-Corona paid a median of $1.37M in salaries, a 32.3% decline from the previous year.

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

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