The Institute of Beauty and Wellness

www.ibw.edu

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2022 Average Net Price

$9,925

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

230

35.2% Full-Time

About

The Institute of Beauty and Wellness is a higher education institution located in Milwaukee County, WI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at The Institute of Beauty and Wellness were General Cosmetology (47 degrees awarded), Ayurvedic Medicine (10 degrees), and Barbering (4 degrees).

In 2022, 216 degrees were awarded across all undergraduate and graduate programs at The Institute of Beauty and Wellness. 96.3% of these degrees were awarded to women, and 3.7% awarded men. The most common race/ethnicity group of degree recipients was white (112 degrees), 2.15 times more than then the next closest race/ethnicity group, black or african american (52 degrees).

In 2020 the default rate for borrower's at The Institute of Beauty and Wellness was 0%, corresponding to 0 out of the 237 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 $9,925.

In 2022, 47% of undergraduate students attending The Institute of Beauty and Wellness received financial aid through grants. Comparatively, 70% of undergraduate students received financial aid through loans.

Average Net Price

$9,925

2022 Value

2.62%

1 Year Growth

In 2022 The Institute of Beauty and Wellness had an average net price — the price paid after factoring in grants and loans — of $9,925. Between 2021 and 2022, the average net price of The Institute of Beauty and Wellness grew by 2.62%.

This chart compares the average net price of The Institute of Beauty and Wellness (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

47%

Undergraduates Receiving Financial Aid through Grants

70%

Undergraduates Receiving Financial Aid through Loans

47% of undergraduate students at The Institute of Beauty and Wellness received financial aid through grants or loans in 2022. This represents a decline of 42.7% with respect to 2021, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at The Institute of Beauty and Wellness (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 The Institute of Beauty and Wellness was 0%, which represents 0 out of the 237 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

The Institute of Beauty and Wellness had a total enrollment of 230 students in 2022. The full-time enrollment at The Institute of Beauty and Wellness is 81 students and the part-time enrollment is 149. This means that 35.2% of students enrolled at The Institute of Beauty and Wellness are enrolled full-time.

The enrolled student population at The Institute of Beauty and Wellness, both undergraduate and graduate, is 51.3% White, 26.5% Black or African American, 13.9% Hispanic or Latino, 4.35% Two or More Races, 2.17% Asian, 0.87% American Indian or Alaska Native, and 0.435% Native Hawaiian or Other Pacific Islanders.

Students enrolled at The Institute of Beauty and Wellness in full-time Undergraduate programs are most commonly White Female (55.6%), followed by Black or African American Female (19.8%) and Hispanic or Latino Female (13.6%).

Full-Time vs Part-Time Enrollment

35.2%

Full-Time Enrollment

The total enrollment at The Institute of Beauty and Wellness in 2022, both undergraduate and graduate, is 230 students. The full-time enrollment at The Institute of Beauty and Wellness is 81 and the part-time enrollment is 149.

This chart shows the full-time vs part-time enrollment status at The Institute of Beauty and Wellness (in red) compares to similar universities.

Retention Rate over Time

86%

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 Institute of Beauty and Wellness was 86%.

This chart shows the retention rate over time at The Institute of Beauty and Wellness (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
118 enrolled students
Black or African American
61 enrolled students
Hispanic or Latino
32 enrolled students

The enrolled student population at The Institute of Beauty and Wellness is 51.3% White, 26.5% Black or African American, 13.9% Hispanic or Latino, 4.35% Two or More Races, 2.17% Asian, 0.87% American Indian or Alaska Native, and 0.435% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 200 more women than men received degrees from The Institute of Beauty and Wellness. The most common race/ethnicity group of degree recipients at The Institute of Beauty and Wellness is white (112 degrees awarded). There were 2.15 times more white recipients than the next closest race/ethnicity group, black or african american (52 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at The Institute of Beauty and Wellness is General Cosmetology (47 degrees awarded), followed by Ayurvedic Medicine (10 degrees) and Barbering (4 degrees).

In 2022, the most specialized majors across all degree types at The Institute of Beauty and Wellness, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (180 degrees awarded) and Health (36 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The Institute of Beauty and Wellness are Registered nurses (1,394,973 people), Medical & health services managers (151,169 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at The Institute of Beauty and Wellness in 2022 are Personal & Culinary Services (180 degrees awarded) and Health (36 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The Institute of Beauty and Wellness are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at The Institute of Beauty and Wellness are Personal & Culinary Services (180 degrees awarded) and Health (36 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at The Institute of Beauty and Wellness are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at The Institute of Beauty and Wellness are Personal & Culinary Services (180 degrees awarded) and Health (36 degrees) (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 The Institute of Beauty and Wellness.

Most Common (2022)

General Cosmetology
47 degrees awarded
Ayurvedic Medicine
10 degrees awarded
Barbering
4 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at The Institute of Beauty and Wellness was General Cosmetology with 47 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at The Institute of Beauty and Wellness according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

208

Degrees Awarded to Women

in 2022

In 2022, 8 degrees were awarded to men at The Institute of Beauty and Wellness, which is 0.0385 times less than the number of degrees awarded to females (208).

This chart displays the sex disparity between the top 5 majors at The Institute of Beauty and Wellness by degrees awarded.

Most Common Male Majors

In 2022, 4 degrees were awarded to men at The Institute of Beauty and Wellness in Barbering. There were no female recipients with the same degree.

Most Common Female Majors

In 2022, 92 degrees were awarded to women at The Institute of Beauty and Wellness in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

Time to Complete

14%

100% Completion Time

77%

150% Completion Time

In 2022, 14% of students graduating from The Institute of Beauty and Wellness completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 77% 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.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2017 at The Institute of Beauty and Wellness is Female and Asian (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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
112 degrees awarded
Black or African American
52 degrees awarded
Hispanic or Latino
36 degrees awarded

The most common race/ethnicity at The Institute of Beauty and Wellness is white (112 degrees awarded). There were 2.15 times more white recipients than the next closest race/ethnicity group, black or african american (52 degrees).

0.926% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
110 degrees awarded
Black or African American Female
51 degrees awarded
Hispanic or Latino Female
33 degrees awarded

The most common race/ethnicity and sex grouping at The Institute of Beauty and Wellness is white female (110 degrees awarded). There were 2.16 times more white female recipients than the next closest race/ethnicity group, black or african american female (51 degrees).

Operations

Salary Expenditure

$1.77M

2022 Salaries

26%

growth from 2021

In 2022, The Institute of Beauty and Wellness paid a median of $1.77M in salaries, a 26% growth from the previous year. This is compared to a 3.56% decline between 2020 and 2021, and a 10.7% growth between 2019 and 2020.

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

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