Credence Institute of Beauty

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2016 Average Net Price

$8,667

After Financial Aid

2014 Default Rate

28.2%

on Student Loans

2016 Enrolled Students

100% Full-Time

About

Credence Institute of Beauty is a higher education institution located in Ashley County, AR. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Credence Institute of Beauty were General Cosmetology (6 degrees awarded).

In 2017, 6 degrees were awarded across all undergraduate and graduate programs at Credence Institute of Beauty. 83.3% of these degrees were awarded to women, and 16.7% awarded men. The most common race/ethnicity group of degree recipients was white (5 degrees), 5 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

In 2014 the default rate for borrower's at Credence Institute of Beauty was 28.2%, corresponding to 20 out of the 71 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 $8,667.

In 2016, 100% of undergraduate students attending Credence Institute of Beauty received financial aid through grants. Comparatively, 100% of undergraduate students received financial aid through loans.

Average Net Price

$8,667

2016 Value

4.01%

1 Year Growth

In 2016 Credence Institute of Beauty had an average net price — the price paid after factoring in grants and loans — of $8,667. Between 2015 and 2016, the average net price of Credence Institute of Beauty grew by 4.01%.

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

100%

Undergraduates Receiving Financial Aid through Grants

100%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Credence Institute of Beauty received financial aid through grants or loans in 2016. This represents a growth of 7.53% with respect to 2015, when 93% of undergraduate students received financial aid.

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

28.2%

2014 Default Rate

Number of Defaults

In 2014 the default rate for borrower's at Credence Institute of Beauty was 28.2%, which represents 20 out of the 71 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

Credence Institute of Beauty had a total enrollment of 8 students in 2016. The full-time enrollment at Credence Institute of Beauty is 8 students and the part-time enrollment is 0. This means that 100% of students enrolled at Credence Institute of Beauty are enrolled full-time.

The enrolled student population at Credence Institute of Beauty, both undergraduate and graduate, is 87.5% White and 12.5% Black or African American.

Students enrolled at Credence Institute of Beauty in full-time Undergraduate programs are most commonly White Female (75%), followed by Black or African American Female (12.5%) and White Male (12.5%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Credence Institute of Beauty in 2016, both undergraduate and graduate, is 8 students. The full-time enrollment at Credence Institute of Beauty is 8 and the part-time enrollment is 0.

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

Retention Rate over Time

58%

2016 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 Credence Institute of Beauty was 58%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2016)

White
7 enrolled students
Black or African American
1 enrolled students

The enrolled student population at Credence Institute of Beauty is 87.5% White and 12.5% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2017, 4 more women than men received degrees from Credence Institute of Beauty. The most common race/ethnicity group of degree recipients at Credence Institute of Beauty is white (5 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Credence Institute of Beauty is General Cosmetology (6 degrees awarded).

In 2017, the most specialized majors across all degree types at Credence Institute of Beauty, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (6 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Credence Institute of Beauty are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Credence Institute of Beauty in 2017 are Personal & Culinary Services (6 degrees awarded) (as of 2017).

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 Credence Institute of Beauty are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Credence Institute of Beauty are Personal & Culinary Services (6 degrees awarded) (as of 2017).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Credence Institute of Beauty are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Credence Institute of Beauty are Personal & Culinary Services (6 degrees awarded) (as of 2017).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Credence Institute of Beauty.

General Cosmetology

Most Common (2017)

6 degrees awarded

In 2017, the most common 1 to 2 year postsecondary certificate concentration at Credence Institute of Beauty was General Cosmetology with 6 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

Degrees Awarded to Women

in 2017

In 2017, 1 degrees were awarded to men at Credence Institute of Beauty, which is 0.2 times less than the number of degrees awarded to females (5).

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

Most Common Male Majors

In 2017, 1 degrees were awarded to men at Credence Institute of Beauty in General Cosmetology, which is 0.2 times less than the 5 female recipients with that same degree.

Most Common Female Majors

In 2017, 5 degrees were awarded to men at Credence Institute of Beauty in General Cosmetology, which is 5 times more than the 1 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)

White
5 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Credence Institute of Beauty is white (5 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

White Female
4 degrees awarded
Hispanic or Latino Female
1 degrees awarded
White Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Credence Institute of Beauty is white female (4 degrees awarded). There were 4 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (1 degrees).

Operations

Salary Expenditure

$145k

2016 Salaries

21.8%

growth from 2015

In 2016, Credence Institute of Beauty paid a median of $145k in salaries, a 21.8% growth from the previous year. This is compared to a 48.3% growth between 2014 and 2015.

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

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