Reflections Academy of Beauty (475653)

www.reflectionsacademyofbeauty.com

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2022 Average Net Price

$15,250

After Financial Aid

2020 Default Rate

6.56%

on Student Loans

2022 Enrolled Students

96.4% Full-Time

About

Reflections Academy of Beauty (475653) is a higher education institution located in Macon County, IL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Reflections Academy of Beauty (475653) were General Cosmetology (10 degrees awarded) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2022, 14 degrees were awarded across all undergraduate and graduate programs at Reflections Academy of Beauty (475653). 92.9% of these degrees were awarded to women, and 7.14% awarded men. The most common race/ethnicity group of degree recipients was black or african american (9 degrees), 3 times more than then the next closest race/ethnicity group, two or more races (3 degrees).

In 2020 the default rate for borrower's at Reflections Academy of Beauty (475653) was 6.56%, corresponding to 4 out of the 61 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 $15,250.

In 2022, 71% of undergraduate students attending Reflections Academy of Beauty (475653) received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Average Net Price

$15,250

2022 Value

25.9%

1 Year Growth

In 2022 Reflections Academy of Beauty (475653) had an average net price — the price paid after factoring in grants and loans — of $15,250. Between 2021 and 2022, the average net price of Reflections Academy of Beauty (475653) grew by 25.9%.

This chart compares the average net price of Reflections Academy of Beauty (475653) (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

71%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Reflections Academy of Beauty (475653) received financial aid through grants or loans in 2022. This represents a decline of 16.5% with respect to 2021, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Reflections Academy of Beauty (475653) (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.

6.56%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Reflections Academy of Beauty (475653) was 6.56%, which represents 4 out of the 61 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

Reflections Academy of Beauty (475653) had a total enrollment of 28 students in 2022. The full-time enrollment at Reflections Academy of Beauty (475653) is 27 students and the part-time enrollment is 1. This means that 96.4% of students enrolled at Reflections Academy of Beauty (475653) are enrolled full-time.

The enrolled student population at Reflections Academy of Beauty (475653), both undergraduate and graduate, is 42.9% Black or African American, 28.6% White, 17.9% Two or More Races, and 10.7% Hispanic or Latino.

Students enrolled at Reflections Academy of Beauty (475653) in full-time Undergraduate programs are most commonly Black or African American Female (40.7%), followed by White Female (25.9%) and Two or More Races Female (18.5%).

Full-Time vs Part-Time Enrollment

96.4%

Full-Time Enrollment

The total enrollment at Reflections Academy of Beauty (475653) in 2022, both undergraduate and graduate, is 28 students. The full-time enrollment at Reflections Academy of Beauty (475653) is 27 and the part-time enrollment is 1.

This chart shows the full-time vs part-time enrollment status at Reflections Academy of Beauty (475653) (in red) compares to similar universities.

Retention Rate over Time

31%

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 Reflections Academy of Beauty (475653) was 31%.

This chart shows the retention rate over time at Reflections Academy of Beauty (475653) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Black or African American
12 enrolled students
White
8 enrolled students
Two or More Races
5 enrolled students

The enrolled student population at Reflections Academy of Beauty (475653) is 42.9% Black or African American, 28.6% White, 17.9% Two or More Races, and 10.7% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 12 more women than men received degrees from Reflections Academy of Beauty (475653). The most common race/ethnicity group of degree recipients at Reflections Academy of Beauty (475653) is black or african american (9 degrees awarded). There were 3 times more black or african american recipients than the next closest race/ethnicity group, two or more races (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Reflections Academy of Beauty (475653) is General Cosmetology (10 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2022, the most specialized majors across all degree types at Reflections Academy of Beauty (475653), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (14 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 Reflections Academy of Beauty (475653) 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 Reflections Academy of Beauty (475653) in 2022 are Personal & Culinary Services (14 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 Reflections Academy of Beauty (475653) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Reflections Academy of Beauty (475653) are Personal & Culinary Services (14 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 Reflections Academy of Beauty (475653) 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 Reflections Academy of Beauty (475653) are Personal & Culinary Services (14 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 Reflections Academy of Beauty (475653).

Most Common (2022)

General Cosmetology
10 degrees awarded
Cosmetology, Barber, & Nail Instructor
2 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Reflections Academy of Beauty (475653) was General Cosmetology with 10 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Reflections Academy of Beauty (475653) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 1 degrees were awarded to men at Reflections Academy of Beauty (475653), which is 0.0769 times less than the number of degrees awarded to females (13).

This chart displays the sex disparity between the top 5 majors at Reflections Academy of Beauty (475653) by degrees awarded.

Most Common Male Majors

In 2022, 1 degrees were awarded to men at Reflections Academy of Beauty (475653) in General Cosmetology, which is 0.111 times less than the 9 female recipients with that same degree.

Most Common Female Majors

In 2022, 9 degrees were awarded to men at Reflections Academy of Beauty (475653) in General Cosmetology, which is 9 times more than the 1 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

54%

150% Completion Time

In 2022, 38% of students graduating from Reflections Academy of Beauty (475653) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 54% completed their degrees within 150% of the normal time, and 54% 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)

Black or African American
9 degrees awarded
Two or More Races
3 degrees awarded
White
2 degrees awarded

The most common race/ethnicity at Reflections Academy of Beauty (475653) is black or african american (9 degrees awarded). There were 3 times more black or african american recipients than the next closest race/ethnicity group, two or more races (3 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Black or African American Female
8 degrees awarded
Two or More Races Female
3 degrees awarded
White Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Reflections Academy of Beauty (475653) is black or african american female (8 degrees awarded). There were 2.67 times more black or african american female recipients than the next closest race/ethnicity group, two or more races female (3 degrees).

Operations

Salary Expenditure

$123k

2022 Salaries

24.1%

decline from 2021

In 2022, Reflections Academy of Beauty (475653) paid a median of $123k in salaries, a 24.1% decline from the previous year. This is compared to a 42.2% growth between 2020 and 2021, and a 28.3% growth between 2019 and 2020.

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

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