The Beauty Institute

www.thebeautyinstituteskp.edu

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2022 Average Net Price

$17,836

After Financial Aid

2019 Default Rate

1.18%

on Student Loans

2022 Enrolled Students

100% Full-Time

About

The Beauty Institute is a higher education institution located in Monroe County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at The Beauty Institute were General Cosmetology (43 degrees awarded).

In 2022, 62 degrees were awarded across all undergraduate and graduate programs at The Beauty Institute. 96.8% of these degrees were awarded to women, and 3.23% awarded men. The most common race/ethnicity group of degree recipients was white (32 degrees), 2.29 times more than then the next closest race/ethnicity group, hispanic or latino (14 degrees).

In 2019 the default rate for borrower's at The Beauty Institute was 1.18%, corresponding to 1 out of the 85 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 $17,836.

In 2022, 69% of undergraduate students attending The Beauty Institute received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.

Average Net Price

$17,836

2022 Value

3.99%

1 Year Growth

In 2022 The Beauty Institute had an average net price — the price paid after factoring in grants and loans — of $17,836. Between 2021 and 2022, the average net price of The Beauty Institute grew by 3.99%.

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

69%

Undergraduates Receiving Financial Aid through Grants

69%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at The Beauty Institute received financial aid through grants or loans in 2022. This represents a growth of 21.1% with respect to 2021, when 57% of undergraduate students received financial aid.

This chart compares the average award discount at The Beauty Institute (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.

1.18%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at The Beauty Institute was 1.18%, which represents 1 out of the 85 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 Beauty Institute had a total enrollment of 40 students in 2022. The full-time enrollment at The Beauty Institute is 40 students and the part-time enrollment is 0. This means that 100% of students enrolled at The Beauty Institute are enrolled full-time.

The enrolled student population at The Beauty Institute, both undergraduate and graduate, is 30% Black or African American, 30% Hispanic or Latino, 30% White, and 5% Two or More Races.

Students enrolled at The Beauty Institute in full-time Undergraduate programs are most commonly White Female (30%), followed by Black or African American Female (27.5%) and Hispanic or Latino Female (25%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at The Beauty Institute in 2022, both undergraduate and graduate, is 40 students. The full-time enrollment at The Beauty Institute is 40 and the part-time enrollment is 0.

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

Retention Rate over Time

73%

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 Beauty Institute was 73%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
12 enrolled students
Hispanic or Latino
12 enrolled students
White
12 enrolled students

The enrolled student population at The Beauty Institute is 30% Black or African American, 30% Hispanic or Latino, 30% White, and 5% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 58 more women than men received degrees from The Beauty Institute. The most common race/ethnicity group of degree recipients at The Beauty Institute is white (32 degrees awarded). There were 2.29 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at The Beauty Institute is General Cosmetology (43 degrees awarded).

In 2022, the most specialized majors across all degree types at The Beauty Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (62 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The Beauty Institute 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 Beauty Institute in 2022 are Personal & Culinary Services (62 degrees awarded) (as of 2022).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The Beauty Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at The Beauty Institute are Personal & Culinary Services (62 degrees awarded) (as of 2022).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at The Beauty Institute 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 Beauty Institute are Personal & Culinary Services (62 degrees awarded) (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 Beauty Institute.

General Cosmetology

Most Common (2022)

43 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at The Beauty Institute was General Cosmetology with 43 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 2 degrees were awarded to men at The Beauty Institute, which is 0.0333 times less than the number of degrees awarded to females (60).

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

Most Common Male Majors

In 2022, 2 degrees were awarded to men at The Beauty Institute in General Cosmetology, which is 0.0488 times less than the 41 female recipients with that same degree.

Most Common Female Majors

In 2022, 41 degrees were awarded to men at The Beauty Institute in General Cosmetology, which is 20.5 times more than the 2 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

60%

150% Completion Time

In 2022, 31% of students graduating from The Beauty Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
32 degrees awarded
Hispanic or Latino
14 degrees awarded
Black or African American
13 degrees awarded

The most common race/ethnicity at The Beauty Institute is white (32 degrees awarded). There were 2.29 times more white recipients than the next closest race/ethnicity group, hispanic or latino (14 degrees).

1.61% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
31 degrees awarded
Black or African American Female
13 degrees awarded
Hispanic or Latino Female
13 degrees awarded

The most common race/ethnicity and sex grouping at The Beauty Institute is white female (31 degrees awarded). There were 2.38 times more white female recipients than the next closest race/ethnicity group, black or african american female (13 degrees).

Operations

Salary Expenditure

$352k

2022 Salaries

6.22%

growth from 2021

In 2022, The Beauty Institute paid a median of $352k in salaries, a 6.22% growth from the previous year. This is compared to a 31.6% decline between 2020 and 2021, and a 3.99% growth between 2019 and 2020.

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

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