University Academy of Hair Design (476805)

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2022 Average Net Price
$10,787
After Financial Aid
2020 Default Rate
14.3%
on Student Loans
2022 Enrolled Students
44
100% Full-Time

About

University Academy of Hair Design (476805) is a higher education institution located in Tuscaloosa County, AL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at University Academy of Hair Design (476805) were General Cosmetology (36 degrees awarded).

In 2022, 37 degrees were awarded across all undergraduate and graduate programs at University Academy of Hair Design (476805). 97.3% of these degrees were awarded to women, and 2.7% awarded men. The most common race/ethnicity group of degree recipients was white (27 degrees), 2.7 times more than then the next closest race/ethnicity group, black or african american (10 degrees).

In 2020 the default rate for borrower's at University Academy of Hair Design (476805) was 14.3%, corresponding to 10 out of the 70 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $10,787.

In 2022, 46% of undergraduate students attending University Academy of Hair Design (476805) received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Average Net Price

$10,787
2022 Value
20.6%
1 Year Growth

In 2022 University Academy of Hair Design (476805) had an average net price — the price paid after factoring in grants and loans — of $10,787. Between 2021 and 2022, the average net price of University Academy of Hair Design (476805) grew by 20.6%.

This chart compares the average net price of University Academy of Hair Design (476805) (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

46%
Undergraduates Receiving Financial Aid through Grants
48%
Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at University Academy of Hair Design (476805) received financial aid through grants or loans in 2022. This represents a decline of 8% with respect to 2021, when 50% of undergraduate students received financial aid.

This chart compares the average award discount at University Academy of Hair Design (476805) (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.
14.3%
2020 Default Rate
10
Number of Defaults

In 2020 the default rate for borrower's at University Academy of Hair Design (476805) was 14.3%, which represents 10 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

University Academy of Hair Design (476805) had a total enrollment of 44 students in 2022. The full-time enrollment at University Academy of Hair Design (476805) is 44 students and the part-time enrollment is 0. This means that 100% of students enrolled at University Academy of Hair Design (476805) are enrolled full-time.

The enrolled student population at University Academy of Hair Design (476805), both undergraduate and graduate, is 50% Black or African American, 47.7% White, and 2.27% Hispanic or Latino.

Students enrolled at University Academy of Hair Design (476805) in full-time Undergraduate programs are most commonly Black or African American Female (50%), followed by White Female (47.7%) and Hispanic or Latino Female (2.27%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at University Academy of Hair Design (476805) in 2022, both undergraduate and graduate, is 44 students. The full-time enrollment at University Academy of Hair Design (476805) is 44 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at University Academy of Hair Design (476805) (in red) compares to similar universities.

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Retention Rate over Time

86%
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 University Academy of Hair Design (476805) was 86%.

This chart shows the retention rate over time at University Academy of Hair Design (476805) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    22 enrolled students
  2. White
    21 enrolled students
  3. Hispanic or Latino
    1 enrolled students

The enrolled student population at University Academy of Hair Design (476805) is 50% Black or African American, 47.7% White, and 2.27% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 35 more women than men received degrees from University Academy of Hair Design (476805). The most common race/ethnicity group of degree recipients at University Academy of Hair Design (476805) is white (27 degrees awarded). There were 2.7 times more white recipients than the next closest race/ethnicity group, black or african american (10 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at University Academy of Hair Design (476805) is General Cosmetology (36 degrees awarded).

In 2022,  the most specialized majors across all degree types at University Academy of Hair Design (476805), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (37 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University Academy of Hair Design (476805) 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 University Academy of Hair Design (476805) in 2022 are Personal & Culinary Services (37 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University Academy of Hair Design (476805) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at University Academy of Hair Design (476805) are Personal & Culinary Services (37 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University Academy of Hair Design (476805) 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 University Academy of Hair Design (476805) are Personal & Culinary Services (37 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University Academy of Hair Design (476805).
Most Common (2022)
36 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at University Academy of Hair Design (476805) was General Cosmetology with 36 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at University Academy of Hair Design (476805) according to their major.

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2022
36
Degrees Awarded to Women
in 2022

In 2022, 1 degrees were awarded to men at University Academy of Hair Design (476805), which is 0.0278 times less than the number of degrees awarded to females (36).

This chart displays the sex disparity between the top 5 majors at University Academy of Hair Design (476805) by degrees awarded.

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Most Common Male Majors

In 2022, 1 degrees were awarded to men at University Academy of Hair Design (476805) in General Cosmetology, which is 0.0286 times less than the 35 female recipients with that same degree.

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Most Common Female Majors

In 2022, 35 degrees were awarded to men at University Academy of Hair Design (476805) in General Cosmetology, which is 35 times more than the 1 male recipients with that same degree.

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Time to Complete

0%
100% Completion Time
75%
150% Completion Time

In 2022, 0% of students graduating from University Academy of Hair Design (476805) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 75% 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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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    27 degrees awarded
  2. Black or African American
    10 degrees awarded

The most common race/ethnicity at University Academy of Hair Design (476805) is white (27 degrees awarded). There were 2.7 times more white recipients than the next closest race/ethnicity group, black or african american (10 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    27 degrees awarded
  2. Black or African American Female
    9 degrees awarded
  3. Black or African American Male
    1 degrees awarded

The most common race/ethnicity and sex grouping at University Academy of Hair Design (476805) is white female (27 degrees awarded). There were 3 times more white female recipients than the next closest race/ethnicity group, black or african american female (9 degrees).

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Operations

Salary Expenditure

$206k
2022 Salaries
4.78%
growth from 2021

In 2022, University Academy of Hair Design (476805) paid a median of $206k in salaries, a 4.78% growth from the previous year. This is compared to a 4.2% growth between 2020 and 2021, and a 5.37% decline between 2019 and 2020.

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

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