The Hair Academy

thehairacademynd.com

Add Comparison
2022 Average Net Price
$10,964
After Financial Aid
2020 Default Rate
2.38%
on Student Loans
2022 Enrolled Students
54
100% Full-Time
2022 Graduation Rate
87.5%
14 Graduates

About

The Hair Academy is a higher education institution located in Burleigh County, ND. In 2022, the most popular 2 to 4 Year Postsecondary Certificate concentrations at The Hair Academy were General Cosmetology (36 degrees awarded).

In 2021, 33 degrees were awarded across all undergraduate and graduate programs at The Hair Academy. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (26 degrees), 6.5 times more than then the next closest race/ethnicity group, two or more races (4 degrees).

In 2020 the default rate for borrower's at The Hair Academy was 2.38%, corresponding to 2 out of the 84 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 $10,964.

In 2022, 31% of undergraduate students attending The Hair Academy received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Average Net Price

$10,964
2022 Value
10.3%
1 Year Growth

In 2022 The Hair Academy had an average net price — the price paid after factoring in grants and loans — of $10,964. Between 2021 and 2022, the average net price of The Hair Academy grew by 10.3%.

This chart compares the average net price of The Hair 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.

View Data
Save Image

Financial Aid by Income Level

31%
Undergraduates Receiving Financial Aid through Grants
49%
Undergraduates Receiving Financial Aid through Loans

31% of undergraduate students at The Hair Academy received financial aid through grants or loans in 2022. This represents a decline of 26.2% with respect to 2021, when 42% of undergraduate students received financial aid.

This chart compares the average award discount at The Hair 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.

View Data
Save Image

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.
2.38%
2020 Default Rate
2
Number of Defaults

In 2020 the default rate for borrower's at The Hair Academy was 2.38%, which represents 2 out of the 84 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.

View Data
Save Image

Enrollment

The Hair Academy had a total enrollment of 54 students in 2022. The full-time enrollment at The Hair Academy is 54 students and the part-time enrollment is 0. This means that 100% of students enrolled at The Hair Academy are enrolled full-time.

The enrolled student population at The Hair Academy, both undergraduate and graduate, is 68.5% White, 13% Two or More Races, 13% American Indian or Alaska Native, 3.7% Hispanic or Latino, and 1.85% Black or African American.

Students enrolled at The Hair Academy in full-time Undergraduate programs are most commonly White Female (64.8%), followed by Two or More Races Female (13%) and American Indian or Alaska Native Female (13%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at The Hair Academy in 2022, both undergraduate and graduate, is 54 students. The full-time enrollment at The Hair Academy is 54 and the part-time enrollment is 0.

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

View Data
Save Image
Add Data to Cart

Retention Rate over Time

71%
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 The Hair Academy was 71%.

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

View Data
Save Image
Add Data to Cart

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    37 enrolled students
  2. Two or More Races
    7 enrolled students
  3. American Indian or Alaska Native
    7 enrolled students

The enrolled student population at The Hair Academy is 68.5% White, 13% Two or More Races, 13% American Indian or Alaska Native, 3.7% Hispanic or Latino, and 1.85% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

View Data
Save Image
Add Data to Cart

Graduates

In 2021, 33 more women than men received degrees from The Hair Academy. The most common race/ethnicity group of degree recipients at The Hair Academy is white (26 degrees awarded). There were 6.5 times more white recipients than the next closest race/ethnicity group, two or more races (4 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at The Hair Academy is General Cosmetology (36 degrees awarded).

In 2022,  the most specialized majors across all degree types at The Hair Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (36 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 The Hair Academy 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 The Hair Academy in 2022 are Personal & Culinary Services (36 degrees awarded) (as of 2022).

View Data
Save Image
Add Data to Cart

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 The Hair Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at The Hair Academy are Personal & Culinary Services (36 degrees awarded) (as of 2022).

View Data
Save Image
Add Data to Cart

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 The Hair Academy 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 The Hair Academy are Personal & Culinary Services (36 degrees awarded) (as of 2022).

View Data
Save Image
Add Data to Cart

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The Hair Academy.
General Cosmetology
Most Common (2022)
36 degrees awarded

In 2022, the most common 2 to 4 year postsecondary certificate concentration at The Hair Academy was General Cosmetology with 36 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at The Hair Academy according to their major.

View Data
Save Image
Add Data to Cart

Sex Breakdown for Common Majors

0
Degrees Awarded to Men
in 2021
33
Degrees Awarded to Women
in 2021

In 2021, 0 degrees were awarded to men at The Hair Academy, which is 0 times less than the number of degrees awarded to females (33).

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

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In 2022, 36 degrees were awarded to women at The Hair Academy in General Cosmetology. There were no male recipients with the same degree.

View Data
Save Image
Add Data to Cart

Time to Complete

0%
100% Completion Time
83%
150% Completion Time

In 2022, 0% of students graduating from The Hair Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 83% 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.

View Data
Save Image
Add Data to Cart

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at The Hair Academy is Female and Two or More Races (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

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.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    26 degrees awarded
  2. Two or More Races
    4 degrees awarded
  3. Black or African American
    2 degrees awarded

The most common race/ethnicity at The Hair Academy is white (26 degrees awarded). There were 6.5 times more white recipients than the next closest race/ethnicity group, two or more races (4 degrees).

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

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    26 degrees awarded
  2. Two or More Races Female
    4 degrees awarded
  3. Black or African American Female
    2 degrees awarded

The most common race/ethnicity and sex grouping at The Hair Academy is white female (26 degrees awarded). There were 6.5 times more white female recipients than the next closest race/ethnicity group, two or more races female (4 degrees).

View Data
Save Image
Add Data to Cart

Operations

Salary Expenditure

$202k
2022 Salaries
12.3%
growth from 2021

In 2022, The Hair Academy paid a median of $202k in salaries, a 12.3% growth from the previous year. This is compared to a 10.4% growth between 2020 and 2021, and a 14.2% decline between 2019 and 2020.

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

View Data
Save Image
Add Data to Cart