The Academy of Hair Design LLC (455929)

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2022 Average Net Price
$10,805
After Financial Aid
2019 Default Rate
3.13%
on Student Loans
2022 Enrolled Students
55
100% Full-Time

About

The Academy of Hair Design LLC (455929) is a higher education institution located in Oklahoma County, OK. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at The Academy of Hair Design LLC (455929) were General Cosmetology (50 degrees awarded).

In 2022, 50 degrees were awarded across all undergraduate and graduate programs at The Academy of Hair Design LLC (455929). 98% of these degrees were awarded to women, and 2% awarded men. The most common race/ethnicity group of degree recipients was white (40 degrees), 8 times more than then the next closest race/ethnicity group, two or more races (5 degrees).

Costs

After taking grants and loans into account, the average net price for students is $10,805.

In 2022, 34% of undergraduate students attending The Academy of Hair Design LLC (455929) received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Average Net Price

$10,805
2022 Value
9.5%
1 Year Growth

In 2022 The Academy of Hair Design LLC (455929) had an average net price — the price paid after factoring in grants and loans — of $10,805. Between 2021 and 2022, the average net price of The Academy of Hair Design LLC (455929) grew by 9.5%.

This chart compares the average net price of The Academy of Hair Design LLC (455929) (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
34%
Undergraduates Receiving Financial Aid through Loans

34% of undergraduate students at The Academy of Hair Design LLC (455929) received financial aid through grants or loans in 2022. This represents a decline of 26.1% with respect to 2021, when 46% of undergraduate students received financial aid.

This chart compares the average award discount at The Academy of Hair Design LLC (455929) (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.
3.13%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at The Academy of Hair Design LLC (455929) was 3.13%, which represents 1 out of the 32 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 Academy of Hair Design LLC (455929) had a total enrollment of 55 students in 2022. The full-time enrollment at The Academy of Hair Design LLC (455929) is 55 students and the part-time enrollment is 0. This means that 100% of students enrolled at The Academy of Hair Design LLC (455929) are enrolled full-time.

The enrolled student population at The Academy of Hair Design LLC (455929), both undergraduate and graduate, is 83.6% White, 7.27% Hispanic or Latino, 7.27% American Indian or Alaska Native, and 1.82% Two or More Races.

Students enrolled at The Academy of Hair Design LLC (455929) in full-time Undergraduate programs are most commonly White Female (83.6%), followed by Hispanic or Latino Female (7.27%) and American Indian or Alaska Native Female (7.27%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at The Academy of Hair Design LLC (455929) in 2022, both undergraduate and graduate, is 55 students. The full-time enrollment at The Academy of Hair Design LLC (455929) is 55 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at The Academy of Hair Design LLC (455929) (in red) compares to similar universities.

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Retention Rate over Time

67%
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 Academy of Hair Design LLC (455929) was 67%. Compared with the full-time retention rate at similar (79%), The Academy of Hair Design LLC (455929) had a retention rate lower than its peers.

This chart shows the retention rate over time at The Academy of Hair Design LLC (455929) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    46 enrolled students
  2. Hispanic or Latino
    4 enrolled students
  3. American Indian or Alaska Native
    4 enrolled students

The enrolled student population at The Academy of Hair Design LLC (455929) is 83.6% White, 7.27% Hispanic or Latino, 7.27% American Indian or Alaska Native, and 1.82% Two or More Races. 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.

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Graduates

In 2022, 48 more women than men received degrees from The Academy of Hair Design LLC (455929). The most common race/ethnicity group of degree recipients at The Academy of Hair Design LLC (455929) is white (40 degrees awarded). There were 8 times more white recipients than the next closest race/ethnicity group, two or more races (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at The Academy of Hair Design LLC (455929) is General Cosmetology (50 degrees awarded).

In 2022,  the most specialized majors across all degree types at The Academy of Hair Design LLC (455929), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (50 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 Academy of Hair Design LLC (455929) 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 Academy of Hair Design LLC (455929) in 2022 are Personal & Culinary Services (50 degrees awarded) (as of 2022).

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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 The Academy of Hair Design LLC (455929) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at The Academy of Hair Design LLC (455929) are Personal & Culinary Services (50 degrees awarded) (as of 2022).

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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 The Academy of Hair Design LLC (455929) 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 Academy of Hair Design LLC (455929) are Personal & Culinary Services (50 degrees awarded) (as of 2022).

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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 Academy of Hair Design LLC (455929).
Most Common (2022)
50 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at The Academy of Hair Design LLC (455929) was General Cosmetology with 50 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at The Academy of Hair Design LLC (455929) according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2022
49
Degrees Awarded to Women
in 2022

In 2022, 1 degrees were awarded to men at The Academy of Hair Design LLC (455929), which is 0.0204 times less than the number of degrees awarded to females (49).

This chart displays the sex disparity between the top 5 majors at The Academy of Hair Design LLC (455929) by degrees awarded.

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Most Common Male Majors

In 2022, 1 degrees were awarded to men at The Academy of Hair Design LLC (455929) in General Cosmetology, which is 0.0204 times less than the 49 female recipients with that same degree.

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Most Common Female Majors

In 2022, 49 degrees were awarded to men at The Academy of Hair Design LLC (455929) in General Cosmetology, which is 49 times more than the 1 male recipients with that same degree.

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Time to Complete

46%
100% Completion Time
46%
150% Completion Time

In 2022, 46% of students graduating from The Academy of Hair Design LLC (455929) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 46% 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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Race & Ethnicity by Share

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

The most common race/ethnicity at The Academy of Hair Design LLC (455929) is white (40 degrees awarded). There were 8 times more white recipients than the next closest race/ethnicity group, two or more races (5 degrees).

2% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

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

The most common race/ethnicity and sex grouping at The Academy of Hair Design LLC (455929) is white female (39 degrees awarded). There were 7.8 times more white female recipients than the next closest race/ethnicity group, two or more races female (5 degrees).

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Operations

Salary Expenditure

$322k
2022 Salaries
22.5%
growth from 2021

In 2022, The Academy of Hair Design LLC (455929) paid a median of $322k in salaries, a 22.5% growth from the previous year.

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

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