Salon & Spa Institute

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2022 Average Net Price
$30,565
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
99
12.1% Full-Time

About

In 2020 the default rate for borrower's at Salon & Spa Institute was 0%, corresponding to 0 out of the 70 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $30,565.

In 2022, 82% of undergraduate students attending Salon & Spa Institute received financial aid through grants. Comparatively, 81% of undergraduate students received financial aid through loans.

Average Net Price

$30,565
2022 Value
53.1%
1 Year Growth

In 2022 Salon & Spa Institute had an average net price — the price paid after factoring in grants and loans — of $30,565. Between 2021 and 2022, the average net price of Salon & Spa Institute grew by 53.1%.

This chart compares the average net price of Salon & Spa 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.

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Financial Aid by Income Level

82%
Undergraduates Receiving Financial Aid through Grants
81%
Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at Salon & Spa Institute received financial aid through grants or loans in 2022. This represents a decline of 6.82% with respect to 2021, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Salon & Spa 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.

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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 Salon & Spa Institute was 0%, which represents 0 out of the 70 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

Salon & Spa Institute had a total enrollment of 99 students in 2022. The full-time enrollment at Salon & Spa Institute is 12 students and the part-time enrollment is 87. This means that 12.1% of students enrolled at Salon & Spa Institute are enrolled full-time.

Full-Time vs Part-Time Enrollment

12.1%
Full-Time Enrollment

The total enrollment at Salon & Spa Institute in 2022, both undergraduate and graduate, is 99 students. The full-time enrollment at Salon & Spa Institute is 12 and the part-time enrollment is 87.

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

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Retention Rate over Time

100%
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 Salon & Spa Institute was 100%.

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

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Graduates

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Salon & Spa Institute.
Most Common (2022)
19 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Salon & Spa Institute was General Cosmetology with 19 degrees awarded.

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

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Time to Complete

21%
100% Completion Time
71%
150% Completion Time

In 2022, 21% of students graduating from Salon & Spa Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 71% 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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