Salon Academy

salonacademymi.net

Add Comparison
    2017 Average Net Price
    $12,051
    After Financial Aid
    2014 Default Rate
    10.9%
    on Student Loans
    2016 Enrolled Students
    82
    100% Full-Time

    About

    Salon Academy is a higher education institution located in Branch County, MI. N/A

    In 2017, 27 degrees were awarded across all undergraduate and graduate programs at Salon Academy. 92.6% of these degrees were awarded to women, and 7.41% awarded men. The most common race/ethnicity group of degree recipients was white (24 degrees), 12 times more than then the next closest race/ethnicity group, black or african american (2 degrees).

    In 2014 the default rate for borrower's at Salon Academy was 10.9%, corresponding to 5 out of the 46 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 $12,051.

    In 2017, 89% of undergraduate students attending Salon Academy received financial aid through grants. Comparatively, 96% of undergraduate students received financial aid through loans.

    Average Net Price

    $12,051
    2017 Value
    0.744%
    1 Year Growth

    In 2017 Salon Academy had an average net price — the price paid after factoring in grants and loans — of $12,051. Between 2016 and 2017, the average net price of Salon Academy grew by 0.744%.

    This chart compares the average net price of Salon 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.

    View Data
    Save Image

    Financial Aid by Income Level

    89%
    Undergraduates Receiving Financial Aid through Grants
    96%
    Undergraduates Receiving Financial Aid through Loans

    89% of undergraduate students at Salon Academy received financial aid through grants or loans in 2017. This represents a growth of 34.8% with respect to 2016, when 66% of undergraduate students received financial aid.

    This chart compares the average award discount at Salon 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.

    View Data
    Save Image

    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.
    10.9%
    2014 Default Rate
    5
    Number of Defaults

    In 2014 the default rate for borrower's at Salon Academy was 10.9%, which represents 5 out of the 46 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.

    View Data
    Save Image

    Enrollment

    Salon Academy had a total enrollment of 82 students in 2016. The full-time enrollment at Salon Academy is 82 students and the part-time enrollment is 0. This means that 100% of students enrolled at Salon Academy are enrolled full-time.

    The enrolled student population at Salon Academy, both undergraduate and graduate, is 89% White and 11% Black or African American.

    Students enrolled at Salon Academy in full-time Undergraduate programs are most commonly White Female (77%), followed by Black or African American Female (15.2%) and White Male (4.85%).

    Full-Time vs Part-Time Enrollment

    100%
    Full-Time Enrollment

    The total enrollment at Salon Academy in 2016, both undergraduate and graduate, is 82 students. The full-time enrollment at Salon Academy is 82 and the part-time enrollment is 0.

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

    View Data
    Save Image

    Retention Rate over Time

    68%
    2016 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 Academy was 68%.

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

    View Data
    Save Image

    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2016)
    1. White
      73 enrolled students
    2. Black or African American
      9 enrolled students

    The enrolled student population at Salon Academy is 89% White and 11% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

    View Data
    Save Image

    Graduates

    In 2017, 23 more women than men received degrees from Salon Academy. The most common race/ethnicity group of degree recipients at Salon Academy is white (24 degrees awarded). There were 12 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

    In 2017,  the most specialized majors across all degree types at Salon Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (27 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 Salon Academy are Chefs & head cooks (8,029 people), Morticians, undertakers, & funeral directors (2,563 people), Cooks (2,527 people), Food service managers (2,129 people), and Other managers (1,234 people).

    The most specialized majors at Salon Academy in 2017 are Personal & Culinary Services (27 degrees awarded) (as of 2017).

    View Data
    Save Image

    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 Salon Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

    The most specialized majors at Salon Academy are Personal & Culinary Services (27 degrees awarded) (as of 2017).

    View Data
    Save Image

    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 Salon Academy are Restaurants & Food Services (10,067 people), Funeral homes, & cemeteries & crematories (2,964 people), Elementary & secondary schools (2,291 people), Traveler accommodation (1,906 people), and Construction (1,185 people).

    The most specialized majors at Salon Academy are Personal & Culinary Services (27 degrees awarded) (as of 2017).

    View Data
    Save Image

    Sex Breakdown for Common Majors

    2
    Degrees Awarded to Men
    in 2017
    25
    Degrees Awarded to Women
    in 2017

    In 2017, 2 degrees were awarded to men at Salon Academy, which is 0.08 times less than the number of degrees awarded to females (25).

    This chart displays the sex disparity between the top 5 majors at Salon Academy by degrees awarded.

    View Data
    Save Image

    Most Common Male Majors

    In 2017, 2 degrees were awarded to men at Salon Academy in General Cosmetology, which is 0.0833 times less than the 24 female recipients with that same degree.

    View Data
    Save Image

    Most Common Female Majors

    In 2017, 24 degrees were awarded to men at Salon Academy in General Cosmetology, which is 12 times more than the 2 male recipients with that same degree.

    View Data
    Save Image

    Time to Complete

    19%
    100% Completion Time
    51%
    150% Completion Time

    In 2017, 19% of students graduating from Salon Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 51% 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.

    View Data
    Save Image

    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2017)
    1. White
      24 degrees awarded
    2. Black or African American
      2 degrees awarded
    3. Hispanic or Latino
      1 degrees awarded

    The most common race/ethnicity at Salon Academy is white (24 degrees awarded). There were 12 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

    View Data
    Save Image

    Race & Ethnicity by Sex

    Most Common Sex Demographic (2017)
    1. White Female
      45 degrees awarded
    2. White Female
      22 degrees awarded
    3. White Female
      22 degrees awarded

    The most common race/ethnicity and sex grouping at Salon Academy is white female (45 degrees awarded). There were 2.05 times more white female recipients than the next closest race/ethnicity group, white female (22 degrees).

    View Data
    Save Image