Summit Salon Academy (459550)

www.summitsalonacademy.edu/

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2020 Average Net Price

$15,909

After Financial Aid

2018 Student Loan

8.54%

Default Rate

2020 Enrolled Students

133

91% Full-Time

2020 Graduation Rate

74.4%

29 Graduates

About

Summit Salon Academy (459550) is a higher education institution located in Pierce County, WA. In N/A, the most popular Bachelor's Degree concentrations at Summit Salon Academy (459550) were N/A.

In 2020, 88 degrees were awarded across all undergraduate and graduate programs at Summit Salon Academy (459550). 98.9% of these degrees were awarded to women, and 1.14% awarded men. The most common race/ethnicity group of degree recipients was white (52 degrees), 2.6 times more than then the next closest race/ethnicity group, two or more races (20 degrees).

The median undergraduate tuition at Summit Salon Academy (459550) is $0, which is $−11,562 less than the national average for ($11,563).

Costs

The median undergraduate tuition at Summit Salon Academy (459550) is $0, which is $−11,562 less than the national average for ($11,563).

After taking grants and loans into account, the average net price for students is $15,909.

In 2020, 65% of undergraduate students attending Summit Salon Academy (459550) received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$15,909

2020 Value

13.2%

1 Year Growth

In 2020 Summit Salon Academy (459550) had an average net price — the price paid after factoring in grants and loans — of $15,909. Between 2019 and 2020, the average net price of Summit Salon Academy (459550) grew by 13.2%.

This chart compares the average net price of Summit Salon Academy (459550) (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

65%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at Summit Salon Academy (459550) received financial aid through grants or loans in 2020. This represents a growth of 25% with respect to 2019, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at Summit Salon Academy (459550) (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.

8.54%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Summit Salon Academy (459550) was 8.54%, which represents 7 out of the 82 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

Summit Salon Academy (459550) has a total enrollment of 133 students. The full-time enrollment at Summit Salon Academy (459550) is 121 students and the part-time enrollment is 12. This means that 91% of students enrolled at Summit Salon Academy (459550) are enrolled full-time.

The enrolled student population at Summit Salon Academy (459550), both undergraduate and graduate, is 66.2% White, 14.3% Two or More Races, 6.02% Hispanic or Latino, 5.26% Asian, 3.01% Black or African American, 1.5% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at Summit Salon Academy (459550) in full-time Undergraduate programs are most commonly White Female (66.9%), followed by Two or More Races Female (13.2%) and Hispanic or Latino Female (5.79%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

91%

Full-Time Enrollment

The total enrollment at Summit Salon Academy (459550), both undergraduate and graduate, is 133 students. The full-time enrollment at Summit Salon Academy (459550) is 121 and the part-time enrollment is 12. This means that 91% of students enrolled at Summit Salon Academy (459550) are enrolled full-time compared with 66.2% at similar .

This chart shows the full-time vs part-time enrollment status at Summit Salon Academy (459550) (in red) compares to similar universities.

Retention Rate over Time

92%

2020 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 Summit Salon Academy (459550) was 92%. Compared with the full-time retention rate at similar (78%), Summit Salon Academy (459550) had a retention rate higher than its peers.

This chart shows the retention rate over time at Summit Salon Academy (459550) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
88
Two or More Races
19
Hispanic or Latino
8

The enrolled student population at Summit Salon Academy (459550) is 66.2% White, 14.3% Two or More Races, 6.02% Hispanic or Latino, 5.26% Asian, 3.01% Black or African American, 1.5% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 37.7% White, 24.8% Hispanic or Latino, and 18.6% Black or African American.

Graduates

In 2020, 86 more women than men received degrees from Summit Salon Academy (459550). The most common race/ethnicity group of degree recipients at Summit Salon Academy (459550) is white (52 degrees awarded). There were 2.6 times more white graduates than the next closest race/ethnicity group, two or more races (20 degrees).

The most common Bachelor's Degree concentration at Summit Salon Academy (459550) is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Summit Salon Academy (459550), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (88 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 Summit Salon Academy (459550) are Chefs & head cooks (8,884 people), Cooks (3,761 people), Morticians, undertakers, & funeral directors (3,144 people), Food service managers (2,922 people), and Firstline supervisors of food preparation & serving workers (1,320 people).

The most specialized majors at Summit Salon Academy (459550) are Personal & Culinary Services (88 degrees awarded).

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 Summit Salon Academy (459550) are Chief executives & legislators, Financial managers, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, and Police officers

The most specialized majors at Summit Salon Academy (459550) are Personal & Culinary Services (88 degrees awarded).

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 Summit Salon Academy (459550) are Restaurants & Food Services (13,987 people), Funeral homes, & cemeteries & crematories (3,456 people), Traveler accommodation (1,975 people), Elementary & secondary schools (1,675 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,328 people).

The most specialized majors at Summit Salon Academy (459550) are Personal & Culinary Services (88 degrees awarded).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Summit Salon Academy (459550).

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Summit Salon Academy (459550) was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Summit Salon Academy (459550) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 1 degrees were awarded to men at Summit Salon Academy (459550), which is 0.0115 times less than the number of degrees awarded to females (87).

This chart displays the sex disparity between the top 5 majors at Summit Salon Academy (459550) by degrees awarded.

Most Common Male Majors

In false, 1 degrees were awarded to men at Summit Salon Academy (459550) in General Cosmetology, which is 0.0192 times less than the 52 female recipients with that same degree.

Most Common Female Majors

In false, 52 degrees were awarded to women at Summit Salon Academy (459550) in General Cosmetology, which is 52 times more than the 1 male recipients with that same degree.

Time to Complete

78%

100% Completion Time

78%

150% Completion Time

In 2020, 78% of students graduating from Summit Salon Academy (459550) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 78% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Summit Salon Academy (459550) is Male and White (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 3.45% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
52 degrees awarded
Two or More Races
20 degrees awarded
Hispanic or Latino
5 degrees awarded

The most common race/ethnicity at Summit Salon Academy (459550) is white (52 degrees awarded). There were 2.6 times more white recipients than the next closest race/ethnicity group, two or more races (20 degrees).

4.55% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
51 degrees awarded
Two or More Races Female
20 degrees awarded
Hispanic or Latino Female
5 degrees awarded

The most common race/ethnicity and sex grouping at Summit Salon Academy (459550) is white female (51 degrees awarded). There were 2.55 times more white female recipients than the next closest race/ethnicity group, two or more races female (20 degrees).

Operations

Summit Salon Academy (459550) has an endowment valued at nearly $N/A, as of the end of the 2020 fiscal year. The return on its endowment was of $0 (NaNN%), compared to the 0.165% average return ($13.7k on $8.3M) across all .

In 2020, Summit Salon Academy (459550) had a total salary expenditure of $N/A. Summit Salon Academy (459550) employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Summit Salon Academy (459550) are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Summit Salon Academy (459550) are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Endowment

growth from 2019

This line chart shows how the endowment at Summit Salon Academy (459550) (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Not applicable, not in Carnegie universe (not accredited or nondegree-granting) Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Summit Salon Academy (459550) received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$781k

2020 Salaries

2.18%

decline from 2019

In 2020, Summit Salon Academy (459550) paid a median of $781k in salaries, which represents NaNk% of their overall expenditure ($N/A) and a 2.18% decline from the previous year. This is compared to a 0.638% growth from 2018 and a 3.09% decline from 2017.

The median for similar is 594k (12.7% of overall expenditures).

Instructional Salaries

$N/A

Instructional Salaries

Number of Employees

In N/A, Summit Salon Academy (459550) paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $333k (56%) for similar Unknown.

Occupations by Share

false

Most Common Instructor

false Employees

N/A

Most Common Non-Instructional Employee

N/A Employees

In false, the most common positions for instructional staff at Summit Salon Academy (459550) were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Summit Salon Academy (459550) were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.