The Salon Professional Academy-Fargo

www.tspafargo.com

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2023 Average Net Price
$12,940
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
173
89.6% Full-Time
2023 Graduation Rate
78.6%
44 Graduates

About

The Salon Professional Academy-Fargo is a higher education institution located in Cass County, ND. In 2023, the most popular 2 to 4 Year Postsecondary Certificate concentrations at The Salon Professional Academy-Fargo were General Cosmetology (37 degrees awarded).

In 2023, 121 degrees were awarded across all undergraduate and graduate programs at The Salon Professional Academy-Fargo. 96.7% of these degrees were awarded to women, and 3.31% awarded men. The most common race/ethnicity group of degree recipients was white (90 degrees), 10 times more than then the next closest race/ethnicity group, black or african american (9 degrees).

In 2022 the default rate for borrower's at The Salon Professional Academy-Fargo was 0%, corresponding to 0 out of the 57 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 $12,940.

In 2023, 34% of undergraduate students attending The Salon Professional Academy-Fargo received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Average Net Price

$12,940
2023 Value
12.4%
1 Year Growth

In 2023 The Salon Professional Academy-Fargo had an average net price — the price paid after factoring in grants and loans — of $12,940. Between 2022 and 2023, the average net price of The Salon Professional Academy-Fargo grew by 12.4%.

This chart compares the average net price of The Salon Professional Academy-Fargo (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

34%
Undergraduates Receiving Financial Aid through Grants
47%
Undergraduates Receiving Financial Aid through Loans

34% of undergraduate students at The Salon Professional Academy-Fargo received financial aid through grants or loans in 2023. This represents a decline of 54.1% with respect to 2022, when 74% of undergraduate students received financial aid.

This chart compares the average award discount at The Salon Professional Academy-Fargo (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.
0%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at The Salon Professional Academy-Fargo was 0%, which represents 0 out of the 57 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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Enrollment

The Salon Professional Academy-Fargo had a total enrollment of 173 students in 2023. The full-time enrollment at The Salon Professional Academy-Fargo is 155 students and the part-time enrollment is 18. This means that 89.6% of students enrolled at The Salon Professional Academy-Fargo are enrolled full-time.

The enrolled student population at The Salon Professional Academy-Fargo, both undergraduate and graduate, is 75.7% White, 8.09% Hispanic or Latino, 5.2% American Indian or Alaska Native, 4.62% Black or African American, 4.05% Two or More Races, 1.16% Asian, and 0.578% Native Hawaiian or Other Pacific Islanders.

Students enrolled at The Salon Professional Academy-Fargo in full-time Undergraduate programs are most commonly White Female (74.9%), followed by Hispanic or Latino Female (6.77%) and American Indian or Alaska Native Female (4.78%).

Full-Time vs Part-Time Enrollment

89.6%
Full-Time Enrollment

The total enrollment at The Salon Professional Academy-Fargo in 2023, both undergraduate and graduate, is 173 students. The full-time enrollment at The Salon Professional Academy-Fargo is 155 and the part-time enrollment is 18.

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

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Retention Rate over Time

75%
2023 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 Salon Professional Academy-Fargo was 75%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    131 enrolled students
  2. Hispanic or Latino
    14 enrolled students
  3. American Indian or Alaska Native
    9 enrolled students

The enrolled student population at The Salon Professional Academy-Fargo is 75.7% White, 8.09% Hispanic or Latino, 5.2% American Indian or Alaska Native, 4.62% Black or African American, 4.05% Two or More Races, 1.16% Asian, and 0.578% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 113 more women than men received degrees from The Salon Professional Academy-Fargo. The most common race/ethnicity group of degree recipients at The Salon Professional Academy-Fargo is white (90 degrees awarded). There were 10 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at The Salon Professional Academy-Fargo is General Cosmetology (37 degrees awarded).

In 2023,  the most specialized majors across all degree types at The Salon Professional Academy-Fargo, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (110 degrees awarded) and Health (11 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 Salon Professional Academy-Fargo are Registered nurses (1,452,593 people), Medical & health services managers (156,374 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,029 people).

The most specialized majors at The Salon Professional Academy-Fargo in 2023 are Personal & Culinary Services (110 degrees awarded) and Health (11 degrees) (as of 2023).

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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 Salon Professional Academy-Fargo are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Lodging managers

The most specialized majors at The Salon Professional Academy-Fargo are Personal & Culinary Services (110 degrees awarded) and Health (11 degrees) (as of 2023).

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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 Salon Professional Academy-Fargo are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,537,800 people), Outpatient care centers (258,526 people), Elementary & secondary schools (228,345 people), uninformed (204,555 people), and Offices of physicians (203,235 people).

The most specialized majors at The Salon Professional Academy-Fargo are Personal & Culinary Services (110 degrees awarded) and Health (11 degrees) (as of 2023).

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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 The Salon Professional Academy-Fargo.
General Cosmetology
Most Common (2023)
37 degrees awarded

In 2023, the most common 2 to 4 year postsecondary certificate concentration at The Salon Professional Academy-Fargo was General Cosmetology with 37 degrees awarded.

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

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Sex Breakdown for Common Majors

4
Degrees Awarded to Men
in 2023
117
Degrees Awarded to Women
in 2023

In 2023, 4 degrees were awarded to men at The Salon Professional Academy-Fargo, which is 0.0342 times less than the number of degrees awarded to females (117).

This chart displays the sex disparity between the top 5 majors at The Salon Professional Academy-Fargo by degrees awarded.

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Most Common Male Majors

In 2023, 1 degrees were awarded to men at The Salon Professional Academy-Fargo in Massage Therapy, which is 0.1 times less than the 10 female recipients with that same degree.

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Most Common Female Majors

In 2023, 50 degrees were awarded to men at The Salon Professional Academy-Fargo in Aesthetician & Skin Care Specialist, which is 50 times more than the 1 male recipients with that same degree.

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Time to Complete

39%
100% Completion Time
78%
150% Completion Time

In 2023, 39% of students graduating from The Salon Professional Academy-Fargo 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 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at The Salon Professional Academy-Fargo is Female and Hispanic or Latino (100% graduation rate). Across all , Asian Female students have the highest graduation rate (74.3%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    90 degrees awarded
  2. Black or African American
    9 degrees awarded
  3. Hispanic or Latino
    6 degrees awarded

The most common race/ethnicity at The Salon Professional Academy-Fargo is white (90 degrees awarded). There were 10 times more white recipients than the next closest race/ethnicity group, black or african american (9 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    88 degrees awarded
  2. Black or African American Female
    9 degrees awarded
  3. Hispanic or Latino Female
    6 degrees awarded

The most common race/ethnicity and sex grouping at The Salon Professional Academy-Fargo is white female (88 degrees awarded). There were 9.78 times more white female recipients than the next closest race/ethnicity group, black or african american female (9 degrees).

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Operations

Salary Expenditure

$746k
2023 Salaries
5.64%
growth from 2022

In 2023, The Salon Professional Academy-Fargo paid a median of $746k in salaries, a 5.64% growth from the previous year. This is compared to a 2.89% decline between 2021 and 2022, and a 12.1% decline between 2020 and 2021.

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