Transformed Barber and Cosmetology Academy

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2018 Average Net Price

$21,964

After Financial Aid

2016 Default Rate

43.9%

on Student Loans

2018 Enrolled Students

45.2% Full-Time

About

Transformed Barber and Cosmetology Academy is a higher education institution located in Jackson County, MO. In 2019, the most popular < 1 Year Postsecondary Certificate concentrations at Transformed Barber and Cosmetology Academy were Barbering (6 degrees awarded), Nail Specialist & Manicurist (5 degrees), and General Cosmetology (1 degrees).

In 2019, 19 degrees were awarded across all undergraduate and graduate programs at Transformed Barber and Cosmetology Academy. 63.2% of these degrees were awarded to women, and 36.8% awarded men. The most common race/ethnicity group of degree recipients was black or african american (16 degrees), 8 times more than then the next closest race/ethnicity group, white (2 degrees).

In 2016 the default rate for borrower's at Transformed Barber and Cosmetology Academy was 43.9%, corresponding to 29 out of the 66 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 $21,964.

In 2018, 77% of undergraduate students attending Transformed Barber and Cosmetology Academy received financial aid through grants. Comparatively, 68% of undergraduate students received financial aid through loans.

Average Net Price

$21,964

2018 Value

29.3%

1 Year Growth

In 2018 Transformed Barber and Cosmetology Academy had an average net price — the price paid after factoring in grants and loans — of $21,964. Between 2017 and 2018, the average net price of Transformed Barber and Cosmetology Academy grew by 29.3%.

This chart compares the average net price of Transformed Barber and Cosmetology Academy (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

77%

Undergraduates Receiving Financial Aid through Grants

68%

Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Transformed Barber and Cosmetology Academy received financial aid through grants or loans in 2018. This represents a growth of 22.2% with respect to 2017, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Transformed Barber and Cosmetology Academy (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.

43.9%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Transformed Barber and Cosmetology Academy was 43.9%, which represents 29 out of the 66 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

Transformed Barber and Cosmetology Academy had a total enrollment of 42 students in 2018. The full-time enrollment at Transformed Barber and Cosmetology Academy is 19 students and the part-time enrollment is 23. This means that 45.2% of students enrolled at Transformed Barber and Cosmetology Academy are enrolled full-time.

The enrolled student population at Transformed Barber and Cosmetology Academy, both undergraduate and graduate, is 90.5% Black or African American, 4.76% White, 2.38% Hispanic or Latino, and 2.38% Two or More Races.

Students enrolled at Transformed Barber and Cosmetology Academy in full-time Undergraduate programs are most commonly Black or African American Male (42.1%), followed by Black or African American Female (36.8%) and Hispanic or Latino Male (5.26%).

Full-Time vs Part-Time Enrollment

45.2%

Full-Time Enrollment

The total enrollment at Transformed Barber and Cosmetology Academy in 2018, both undergraduate and graduate, is 42 students. The full-time enrollment at Transformed Barber and Cosmetology Academy is 19 and the part-time enrollment is 23.

This chart shows the full-time vs part-time enrollment status at Transformed Barber and Cosmetology Academy (in red) compares to similar universities.

Retention Rate over Time

100%

2018 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 Transformed Barber and Cosmetology Academy was 100%.

This chart shows the retention rate over time at Transformed Barber and Cosmetology Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2018)

Black or African American
38 enrolled students
White
2 enrolled students
Hispanic or Latino
1 enrolled students

The enrolled student population at Transformed Barber and Cosmetology Academy is 90.5% Black or African American, 4.76% White, 2.38% Hispanic or Latino, and 2.38% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2019, 5 more women than men received degrees from Transformed Barber and Cosmetology Academy. The most common race/ethnicity group of degree recipients at Transformed Barber and Cosmetology Academy is black or african american (16 degrees awarded). There were 8 times more black or african american recipients than the next closest race/ethnicity group, white (2 degrees).

The most common < 1 Year Postsecondary Certificate concentration at Transformed Barber and Cosmetology Academy is Barbering (6 degrees awarded), followed by Nail Specialist & Manicurist (5 degrees) and General Cosmetology (1 degrees).

In 2019, the most specialized majors across all degree types at Transformed Barber and Cosmetology Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (19 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 Transformed Barber and Cosmetology Academy 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 Transformed Barber and Cosmetology Academy in 2019 are Personal & Culinary Services (19 degrees awarded) (as of 2019).

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 Transformed Barber and Cosmetology Academy are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Transformed Barber and Cosmetology Academy are Personal & Culinary Services (19 degrees awarded) (as of 2019).

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 Transformed Barber and Cosmetology Academy 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 Transformed Barber and Cosmetology Academy are Personal & Culinary Services (19 degrees awarded) (as of 2019).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Transformed Barber and Cosmetology Academy.

Most Common (2019)

Barbering
6 degrees awarded
Nail Specialist & Manicurist
5 degrees awarded
General Cosmetology
1 degrees awarded

In 2019, the most common < 1 year postsecondary certificate concentration at Transformed Barber and Cosmetology Academy was Barbering with 6 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 7 degrees were awarded to men at Transformed Barber and Cosmetology Academy, which is 0.583 times less than the number of degrees awarded to females (12).

This chart displays the sex disparity between the top 5 majors at Transformed Barber and Cosmetology Academy by degrees awarded.

Most Common Male Majors

In 2019, 6 degrees were awarded to men at Transformed Barber and Cosmetology Academy in Barbering, which is 2 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2019, 5 degrees were awarded to women at Transformed Barber and Cosmetology Academy in Nail Specialist & Manicurist. There were no male recipients with the same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2019)

Black or African American
16 degrees awarded
White
2 degrees awarded
Hispanic or Latino
1 degrees awarded

The most common race/ethnicity at Transformed Barber and Cosmetology Academy is black or african american (16 degrees awarded). There were 8 times more black or african american recipients than the next closest race/ethnicity group, white (2 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2019)

Black or African American Female
11 degrees awarded
Black or African American Male
5 degrees awarded
Hispanic or Latino Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Transformed Barber and Cosmetology Academy is black or african american female (11 degrees awarded). There were 2.2 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (5 degrees).

Operations

Salary Expenditure

$92k

2018 Salaries

50.2%

decline from 2017

In 2018, Transformed Barber and Cosmetology Academy paid a median of $92k in salaries, a 50.2% decline from the previous year. This is compared to a 29.3% decline between 2016 and 2017, and a 13.7% decline between 2015 and 2016.

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

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