Hair Academy Inc-New Carrollton

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2017 Average Net Price

$14,934

After Financial Aid

2016 Student Loan

2.5%

Default Rate

2017 Enrolled Students

447

69.4% Full-Time

About

Hair Academy Inc-New Carrollton is a higher education institution located in Prince George's County, MD. In 2016, the most popular Bachelor's Degree concentrations at Hair Academy Inc-New Carrollton were .

In 2017, 139 degrees were awarded across all undergraduate and graduate programs at Hair Academy Inc-New Carrollton. 54.7% of these degrees were awarded to women, and 45.3% awarded men. The majority of degree recipients were black or african american (136 degrees), 68 times more than then the next closest race/ethnicity group, two or more races (2 degrees).

The median undergraduate tuition at Hair Academy Inc-New Carrollton is $0, which is $-11,737 less than the national average for ($11,738).

Costs

The median undergraduate tuition at Hair Academy Inc-New Carrollton is $0, which is $-11,737 less than the national average for ($11,738).

After taking grants and loans into account, the average net price for students is $14,934.

In 2017, 82% of undergraduate students received federal grants, while 97% of undergraduate students received federal loans.

Average Net Price

$14,934

2017 Value

3.54%

1 Year Growth

In 2017 Hair Academy Inc-New Carrollton had an average net price — the price paid after factoring in grants and loans — of $14,934. Between 2016 and 2017, the average net price of Hair Academy Inc-New Carrollton grew by 3.54%.

This chart compares the average net price of Hair Academy Inc-New Carrollton (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

Financial Aid by Income Level

82%

Of Undergraduates Receive Grants

97%

Of Undergraduates Receive Federal Loans

82% of undergraduate students at Hair Academy Inc-New Carrollton received grants or loans in 2017. This represents a decline of 10.9% with respect to 2016, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Hair Academy Inc-New Carrollton (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.

2.5%

2016 Default Rate

11

Number of Defaults

In 2016 the default rate for borrower's at Hair Academy Inc-New Carrollton was 2.5%, which represents 11 out of the 440 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

Hair Academy Inc-New Carrollton has a total enrollment of 447 students. The full-time enrollment at Hair Academy Inc-New Carrollton is 310 students and the part-time enrollment is 137. This means that 69.4% of students enrolled at Hair Academy Inc-New Carrollton are enrolled full-time.

The enrolled student population at Hair Academy Inc-New Carrollton, both undergraduate and graduate, is 96.4% Black or African American, 1.79% Hispanic or Latino, 0.895% Asian, 0.895% White, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, and 0% American Indian or Alaska Native.

Students enrolled at Hair Academy Inc-New Carrollton in full-time Undergraduate programs are majority Black or African American Male (55.5%), followed by Black or African American Female (39.7%) and Hispanic or Latino Male (1.29%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

69.4%

Full-Time Enrollment

The total enrollment at Hair Academy Inc-New Carrollton, both undergraduate and graduate, is 447 students. The full-time enrollment at Hair Academy Inc-New Carrollton is 310 and the part-time enrollment is 137. This means that 69.4% of students enrolled at Hair Academy Inc-New Carrollton are enrolled full-time compared with 74.1% at similar .

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

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Retention Rate over Time

51%

2017 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 Hair Academy Inc-New Carrollton was 51%. Compared with the full-time retention rate at similar (77%), Hair Academy Inc-New Carrollton had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Black or African American

    431

  2. Hispanic or Latino

    8

  3. Asian

    4

The enrolled student population at Hair Academy Inc-New Carrollton is 96.4% Black or African American, 1.79% Hispanic or Latino, 0.895% Asian, 0.895% White, 0% Native Hawaiian or Other Pacific Islanders, 0% Two or More Races, 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 41.5% White, 26.6% Hispanic or Latino, and 19.2% Black or African American.

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Graduates

In 2017, 13 more women than men received degrees from Hair Academy Inc-New Carrollton. The majority of degree recipients at Hair Academy Inc-New Carrollton are black or african american (136 degrees awarded). There were 68 times more black or african american graduates than the next closest race/ethnicity group, two or more races (2 degrees).

The most common Bachelor's Degree concentration at Hair Academy Inc-New Carrollton is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Hair Academy Inc-New Carrollton, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (139 degrees awarded).

Workforce

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 Hair Academy Inc-New Carrollton are Chefs & head cooks (10,332 people), Cooks (4,377 people), Food service managers (3,496 people), Morticians, undertakers, & funeral directors (2,741 people), and Food preparation workers (1,729 people).

The most specialized majors at Hair Academy Inc-New Carrollton are Personal & Culinary Services (139 degrees awarded).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hair Academy Inc-New Carrollton are Firstline supervisors of food preparation & serving workers, General & operations managers, Morticians, undertakers, & funeral directors, Postsecondary teachers, and Driver/sales workers & truck drivers

The most specialized majors at Hair Academy Inc-New Carrollton are Personal & Culinary Services (139 degrees awarded).

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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 Hair Academy Inc-New Carrollton are Restaurants & Food Services (15,268 people), Funeral homes, & cemeteries & crematories (3,037 people), Amusement & Recreation (2,421 people), Traveler accommodation (2,349 people), and Elementary & secondary schools (1,678 people).

The most specialized majors at Hair Academy Inc-New Carrollton are Personal & Culinary Services (139 degrees awarded).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Hair Academy Inc-New Carrollton.

Most Common

  1. N/A

    N/A degrees awarded

  2. N/A

    N/A degrees awarded

  3. N/A

    N/A degrees awarded

In false, the most common bachelors degree concentration at Hair Academy Inc-New Carrollton was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Hair Academy Inc-New Carrollton according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 63

  2. 76

In 2017, 63 degrees were awarded to men at Hair Academy Inc-New Carrollton, which is 0.829 times less than the number of degrees awarded to females (76).

This chart displays the gender disparity between the top 5 majors at Hair Academy Inc-New Carrollton by degrees awarded.

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Most Common Male Majors

In false, 61 degrees were awarded to men at Hair Academy Inc-New Carrollton in Barbering, which is 2.54 times more than the 24 female recipients with that same degree.

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Most Common Female Majors

In false, 52 degrees were awarded to women at Hair Academy Inc-New Carrollton in General Cosmetology, which is 26 times more than the 2 male recipients with that same degree.

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Time to Complete

55%

100% Completion Time

63%

150% Completion Time

In 2017, 55% of students graduating from Hair Academy Inc-New Carrollton completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Hair Academy Inc-New Carrollton is N/A and N/A (N/A% graduation rate). Across all , Asian Female students have the highest graduation rate (68.1%).

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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Black or African American

    136 degrees awarded

  2. Two or More Races

    2 degrees awarded

  3. Hispanic or Latino

    1 degrees awarded

The most common race/ethnicity at Hair Academy Inc-New Carrollton is black or african american (136 degrees awarded). There were 68 times more black or african american recipients than the next closest race/ethnicity group, two or more races (2 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Female

    76 degrees awarded

  2. Black or African American Male

    60 degrees awarded

  3. Two or More Races Male

    2 degrees awarded

The most common race/ethnicity and gender grouping at Hair Academy Inc-New Carrollton is black or african american female (76 degrees awarded). There were 1.27 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (60 degrees).

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Operations

Hair Academy Inc-New Carrollton has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 0.0457% average return ($6.76k on $14.8M) across all .

In 2017, Hair Academy Inc-New Carrollton had a total salary expenditure of $N/A. Hair Academy Inc-New Carrollton employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Hair Academy Inc-New Carrollton are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Hair Academy Inc-New Carrollton are: N/A, with N/A employees, N/A, with N/A employees, and N/A with N/A employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Hair Academy Inc-New Carrollton has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Hair Academy Inc-New Carrollton stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hair Academy Inc-New Carrollton (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.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Hair Academy Inc-New Carrollton received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$1.37M

2017 Salaries

1.4%

growth from 2016

In 2017, Hair Academy Inc-New Carrollton paid a median of $1.37M in salaries, which represents N/A% of their overall expenditure ($N/A) and a 1.4% growth from the previous year. This is compared to a 5.81% growth from 2015 and a 15.3% growth from 2014.

The median for similar is 574k (13.1% of overall expenditures).

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Instructional Salaries

$N/A

Instructional Salaries

0

Number of Employees

In N/A, Hair Academy Inc-New Carrollton 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 $296k (51.6%) for similar Not applicable, not in Carnegie universe (not accredited or nondegree-granting).

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Faculty and Staff

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 Hair Academy Inc-New Carrollton 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 Hair Academy Inc-New Carrollton were N/A with N/A employees; N/A with N/A employees; and N/A with N/A employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. false

  2. false

  3. false

In false, the most common demographic for instructional staff at Hair Academy Inc-New Carrollton was false with 0 employees, false with 0 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Hair Academy Inc-New Carrollton.

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