The Hair Academy LLC (220163)

Add Comparison
2022 Average Net Price
$19,991
After Financial Aid
2019 Default Rate
16.1%
on Student Loans
2022 Enrolled Students
72
73.6% Full-Time

About

The Hair Academy LLC (220163) is a higher education institution located in Lincoln County, TN. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at The Hair Academy LLC (220163) were General Cosmetology (13 degrees awarded).

In 2022, 28 degrees were awarded across all undergraduate and graduate programs at The Hair Academy LLC (220163). 96.4% of these degrees were awarded to women, and 3.57% awarded men. The most common race/ethnicity group of degree recipients was white (26 degrees), 13 times more than then the next closest race/ethnicity group, hispanic or latino (2 degrees).

Costs

After taking grants and loans into account, the average net price for students is $19,991.

In 2022, 70% of undergraduate students attending The Hair Academy LLC (220163) received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Average Net Price

$19,991
2022 Value
8.16%
1 Year Growth

In 2022 The Hair Academy LLC (220163) had an average net price — the price paid after factoring in grants and loans — of $19,991. Between 2021 and 2022, the average net price of The Hair Academy LLC (220163) grew by 8.16%.

This chart compares the average net price of The Hair Academy LLC (220163) (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
Add Data to Cart

Financial Aid by Income Level

70%
Undergraduates Receiving Financial Aid through Grants
50%
Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at The Hair Academy LLC (220163) received financial aid through grants or loans in 2022. This represents a decline of 12.5% with respect to 2021, when 80% of undergraduate students received financial aid.

This chart compares the average award discount at The Hair Academy LLC (220163) (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
Add Data to Cart

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.
16.1%
2019 Default Rate
14
Number of Defaults

In 2019 the default rate for borrower's at The Hair Academy LLC (220163) was 16.1%, which represents 14 out of the 87 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 LLC (220163) had a total enrollment of 72 students in 2022. The full-time enrollment at The Hair Academy LLC (220163) is 53 students and the part-time enrollment is 19. This means that 73.6% of students enrolled at The Hair Academy LLC (220163) are enrolled full-time.

The enrolled student population at The Hair Academy LLC (220163), both undergraduate and graduate, is 84.7% White, 8.33% Black or African American, 4.17% Hispanic or Latino, and 1.39% Asian.

Students enrolled at The Hair Academy LLC (220163) in full-time Undergraduate programs are most commonly White Female (88.7%), followed by Black or African American Female (3.77%) and White Male (3.77%).

Full-Time vs Part-Time Enrollment

73.6%
Full-Time Enrollment

The total enrollment at The Hair Academy LLC (220163) in 2022, both undergraduate and graduate, is 72 students. The full-time enrollment at The Hair Academy LLC (220163) is 53 and the part-time enrollment is 19.

This chart shows the full-time vs part-time enrollment status at The Hair Academy LLC (220163) (in red) compares to similar universities.

View Data
Save Image
Add Data to Cart

Retention Rate over Time

91%
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 LLC (220163) was 91%. Compared with the full-time retention rate at similar (79%), The Hair Academy LLC (220163) had a retention rate higher than its peers.

This chart shows the retention rate over time at The Hair Academy LLC (220163) (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
    61 enrolled students
  2. Black or African American
    6 enrolled students
  3. Hispanic or Latino
    3 enrolled students

The enrolled student population at The Hair Academy LLC (220163) is 84.7% White, 8.33% Black or African American, 4.17% Hispanic or Latino, and 1.39% Asian. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

View Data
Save Image
Add Data to Cart

Graduates

In 2022, 26 more women than men received degrees from The Hair Academy LLC (220163). The most common race/ethnicity group of degree recipients at The Hair Academy LLC (220163) is white (26 degrees awarded). There were 13 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at The Hair Academy LLC (220163) is General Cosmetology (13 degrees awarded).

In 2022,  the most specialized majors across all degree types at The Hair Academy LLC (220163), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (28 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 The Hair Academy LLC (220163) 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 LLC (220163) in 2022 are Personal & Culinary Services (28 degrees awarded) (as of 2022).

View Data
Save Image
Add Data to Cart

Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The Hair Academy LLC (220163) 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 LLC (220163) are Personal & Culinary Services (28 degrees awarded) (as of 2022).

View Data
Save Image
Add Data to Cart

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 The Hair Academy LLC (220163) 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 LLC (220163) are Personal & Culinary Services (28 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 LLC (220163).
Most Common (2022)
13 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at The Hair Academy LLC (220163) was General Cosmetology with 13 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at The Hair Academy LLC (220163) according to their major.

View Data
Save Image
Add Data to Cart

Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2022
27
Degrees Awarded to Women
in 2022

In 2022, 1 degrees were awarded to men at The Hair Academy LLC (220163), which is 0.037 times less than the number of degrees awarded to females (27).

This chart displays the sex disparity between the top 5 majors at The Hair Academy LLC (220163) by degrees awarded.

View Data
Save Image
Add Data to Cart

Most Common Male Majors

In 2022, 1 degrees were awarded to men at The Hair Academy LLC (220163) in General Cosmetology, which is 0.0833 times less than the 12 female recipients with that same degree.

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In 2022, 12 degrees were awarded to men at The Hair Academy LLC (220163) in General Cosmetology, which is 12 times more than the 1 male recipients with that same degree.

View Data
Save Image
Add Data to Cart

Time to Complete

17%
100% Completion Time
79%
150% Completion Time

In 2022, 17% of students graduating from The Hair Academy LLC (220163) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 79% 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

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    26 degrees awarded
  2. Hispanic or Latino
    2 degrees awarded

The most common race/ethnicity at The Hair Academy LLC (220163) is white (26 degrees awarded). There were 13 times more white recipients than the next closest race/ethnicity group, hispanic or latino (2 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
    25 degrees awarded
  2. Hispanic or Latino Female
    2 degrees awarded
  3. White Male
    1 degrees awarded

The most common race/ethnicity and sex grouping at The Hair Academy LLC (220163) is white female (25 degrees awarded). There were 12.5 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (2 degrees).

View Data
Save Image
Add Data to Cart

Operations

Salary Expenditure

$146k
2022 Salaries
8.03%
growth from 2021

In 2022, The Hair Academy LLC (220163) paid a median of $146k in salaries, a 8.03% growth from the previous year.

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

View Data
Save Image
Add Data to Cart