Tennessee Academy of Cosmetology-Shelby Drive

tac.edu

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2017 Average Net Price

$12,077

After Financial Aid

2015 Default Rate

9.48%

on Student Loans

2017 Enrolled Students

64.4% Full-Time

About

Tennessee Academy of Cosmetology-Shelby Drive is a higher education institution located in Shelby County, TN. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Tennessee Academy of Cosmetology-Shelby Drive were General Cosmetology (15 degrees awarded).

In 2017, 42 degrees were awarded across all undergraduate and graduate programs at Tennessee Academy of Cosmetology-Shelby Drive. 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 (30 degrees), 4.29 times more than then the next closest race/ethnicity group, white (7 degrees).

In 2015 the default rate for borrower's at Tennessee Academy of Cosmetology-Shelby Drive was 9.48%, corresponding to 11 out of the 116 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 $12,077.

In 2017, 58% of undergraduate students attending Tennessee Academy of Cosmetology-Shelby Drive received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Average Net Price

$12,077

2017 Value

0.805%

1 Year Growth

In 2017 Tennessee Academy of Cosmetology-Shelby Drive had an average net price — the price paid after factoring in grants and loans — of $12,077. Between 2016 and 2017, the average net price of Tennessee Academy of Cosmetology-Shelby Drive grew by 0.805%.

This chart compares the average net price of Tennessee Academy of Cosmetology-Shelby Drive (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

58%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Tennessee Academy of Cosmetology-Shelby Drive received financial aid through grants or loans in 2017. This represents a decline of 15.9% with respect to 2016, when 69% of undergraduate students received financial aid.

This chart compares the average award discount at Tennessee Academy of Cosmetology-Shelby Drive (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.

9.48%

2015 Default Rate

Number of Defaults

In 2015 the default rate for borrower's at Tennessee Academy of Cosmetology-Shelby Drive was 9.48%, which represents 11 out of the 116 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

Tennessee Academy of Cosmetology-Shelby Drive had a total enrollment of 45 students in 2017. The full-time enrollment at Tennessee Academy of Cosmetology-Shelby Drive is 29 students and the part-time enrollment is 16. This means that 64.4% of students enrolled at Tennessee Academy of Cosmetology-Shelby Drive are enrolled full-time.

The enrolled student population at Tennessee Academy of Cosmetology-Shelby Drive, both undergraduate and graduate, is 62.2% Black or African American, 17.8% White, 11.1% Hispanic or Latino, 4.44% Asian, and 4.44% Two or More Races.

Students enrolled at Tennessee Academy of Cosmetology-Shelby Drive in full-time Undergraduate programs are most commonly Black or African American Female (58.6%), followed by White Female (17.2%) and Hispanic or Latino Female (10.3%).

Full-Time vs Part-Time Enrollment

64.4%

Full-Time Enrollment

The total enrollment at Tennessee Academy of Cosmetology-Shelby Drive in 2017, both undergraduate and graduate, is 45 students. The full-time enrollment at Tennessee Academy of Cosmetology-Shelby Drive is 29 and the part-time enrollment is 16.

This chart shows the full-time vs part-time enrollment status at Tennessee Academy of Cosmetology-Shelby Drive (in red) compares to similar universities.

Retention Rate over Time

67%

2017 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 Tennessee Academy of Cosmetology-Shelby Drive was 67%.

This chart shows the retention rate over time at Tennessee Academy of Cosmetology-Shelby Drive (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)

Black or African American
28 enrolled students
White
8 enrolled students
Hispanic or Latino
5 enrolled students

The enrolled student population at Tennessee Academy of Cosmetology-Shelby Drive is 62.2% Black or African American, 17.8% White, 11.1% Hispanic or Latino, 4.44% Asian, and 4.44% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2017, 36 more women than men received degrees from Tennessee Academy of Cosmetology-Shelby Drive. The most common race/ethnicity group of degree recipients at Tennessee Academy of Cosmetology-Shelby Drive is black or african american (30 degrees awarded). There were 4.29 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Tennessee Academy of Cosmetology-Shelby Drive is General Cosmetology (15 degrees awarded).

In 2017, the most specialized majors across all degree types at Tennessee Academy of Cosmetology-Shelby Drive, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (42 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 Tennessee Academy of Cosmetology-Shelby Drive 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 Tennessee Academy of Cosmetology-Shelby Drive in 2017 are Personal & Culinary Services (42 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 Tennessee Academy of Cosmetology-Shelby Drive are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Tennessee Academy of Cosmetology-Shelby Drive are Personal & Culinary Services (42 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 Tennessee Academy of Cosmetology-Shelby Drive 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 Tennessee Academy of Cosmetology-Shelby Drive are Personal & Culinary Services (42 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 Tennessee Academy of Cosmetology-Shelby Drive.

Most Common (2017)

Aesthetician & Skin Care Specialist
15 degrees awarded
Nail Specialist & Manicurist
12 degrees awarded

In 2017, the most common < 1 year postsecondary certificate concentration at Tennessee Academy of Cosmetology-Shelby Drive was Aesthetician & Skin Care Specialist with 15 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from < 1 year postsecondary certificate programs at Tennessee Academy of Cosmetology-Shelby Drive according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2017

Degrees Awarded to Women

in 2017

In 2017, 3 degrees were awarded to men at Tennessee Academy of Cosmetology-Shelby Drive, which is 0.0769 times less than the number of degrees awarded to females (39).

This chart displays the sex disparity between the top 5 majors at Tennessee Academy of Cosmetology-Shelby Drive by degrees awarded.

Most Common Male Majors

In 2017, 2 degrees were awarded to men at Tennessee Academy of Cosmetology-Shelby Drive in Nail Specialist & Manicurist, which is 0.2 times less than the 10 female recipients with that same degree.

Most Common Female Majors

In 2017, 15 degrees were awarded to women at Tennessee Academy of Cosmetology-Shelby Drive in General Cosmetology. There were no male recipients with the same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)

Black or African American
30 degrees awarded
White
7 degrees awarded
Asian
2 degrees awarded

The most common race/ethnicity at Tennessee Academy of Cosmetology-Shelby Drive is black or african american (30 degrees awarded). There were 4.29 times more black or african american recipients than the next closest race/ethnicity group, white (7 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2017)

Black or African American Female
28 degrees awarded
White Female
6 degrees awarded
Asian Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Tennessee Academy of Cosmetology-Shelby Drive is black or african american female (28 degrees awarded). There were 4.67 times more black or african american female recipients than the next closest race/ethnicity group, white female (6 degrees).

Operations

Salary Expenditure

$385k

2017 Salaries

6.85%

decline from 2016

In 2017, Tennessee Academy of Cosmetology-Shelby Drive paid a median of $385k in salaries, a 6.85% decline from the previous year. This is compared to a 3.39% growth between 2015 and 2016, and a 4.65% growth between 2014 and 2015.

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

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