Palomar Institute of Cosmetology

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2022 Average Net Price
$16,202
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
194
100% Full-Time

About

In 2020 the default rate for borrower's at Palomar Institute of Cosmetology was 0%, corresponding to 0 out of the 114 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 $16,202.

In 2022, 53% of undergraduate students attending Palomar Institute of Cosmetology received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Average Net Price

$16,202
2022 Value
1.54%
1 Year Growth

In 2022 Palomar Institute of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $16,202. Between 2021 and 2022, the average net price of Palomar Institute of Cosmetology grew by 1.54%.

This chart compares the average net price of Palomar Institute of Cosmetology (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

53%
Undergraduates Receiving Financial Aid through Grants
39%
Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at Palomar Institute of Cosmetology received financial aid through grants or loans in 2022. This represents a growth of 47.2% with respect to 2021, when 36% of undergraduate students received financial aid.

This chart compares the average award discount at Palomar Institute of Cosmetology (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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Palomar Institute of Cosmetology was 0%, which represents 0 out of the 114 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

Palomar Institute of Cosmetology had a total enrollment of 194 students in 2022. The full-time enrollment at Palomar Institute of Cosmetology is 194 students and the part-time enrollment is 0. This means that 100% of students enrolled at Palomar Institute of Cosmetology are enrolled full-time.

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Palomar Institute of Cosmetology in 2022, both undergraduate and graduate, is 194 students. The full-time enrollment at Palomar Institute of Cosmetology is 194 and the part-time enrollment is 0.

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

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Graduates

Time to Complete

19%
100% Completion Time
62%
150% Completion Time

In 2022, 19% of students graduating from Palomar Institute of Cosmetology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 86% 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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