Ideal Beauty Academy (480161)

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2021 Average Net Price
$13,998
After Financial Aid
2019 Student Loan
12.5%
Default Rate
2021 Enrolled Students
11
100% Full-Time

About

Ideal Beauty Academy (480161) is a higher education institution located in Jefferson County, KY. In 2019, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Ideal Beauty Academy (480161) were Aesthetician & Skin Care Specialist (24 degrees awarded).

In 2020, 6 degrees were awarded across all undergraduate and graduate programs at Ideal Beauty Academy (480161). 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (9 degrees), 3 times more than then the next closest race/ethnicity group, black or african american (3 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $13,998.

In 2021, 42% of undergraduate students attending Ideal Beauty Academy (480161) received financial aid through grants. Comparatively, 68% of undergraduate students received financial aid through loans.

Average Net Price

$13,998
2021 Value
8.49%
1 Year Growth

In 2021 Ideal Beauty Academy (480161) had an average net price — the price paid after factoring in grants and loans — of $13,998. Between 2020 and 2021, the average net price of Ideal Beauty Academy (480161) grew by 8.49%.

This chart compares the average net price of Ideal Beauty Academy (480161) (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

42%
Undergraduates Receiving Financial Aid through Grants
68%
Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at Ideal Beauty Academy (480161) received financial aid through grants or loans in 2021. This represents a decline of 16% with respect to 2020, when 50% of undergraduate students received financial aid.

This chart compares the average award discount at Ideal Beauty Academy (480161) (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.
12.5%
2019 Default Rate
7
Number of Defaults

In 2019 the default rate for borrower's at Ideal Beauty Academy (480161) was 12.5%, which represents 7 out of the 56 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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bookEnrollment

Ideal Beauty Academy (480161) had a total enrollment of 11 students in 2021. The full-time enrollment at Ideal Beauty Academy (480161) is 11 students and the part-time enrollment is 0. This means that 100% of students enrolled at Ideal Beauty Academy (480161) are enrolled full-time.

The enrolled student population at Ideal Beauty Academy (480161), both undergraduate and graduate, is 54.5% Black or African American, 36.4% White, and 9.09% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ideal Beauty Academy (480161) in full-time Undergraduate programs are most commonly Black or African American Female (54.5%), followed by White Female (36.4%) and Native Hawaiian or Other Pacific Islanders Female (9.09%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Ideal Beauty Academy (480161) in 2021, both undergraduate and graduate, is 11 students. The full-time enrollment at Ideal Beauty Academy (480161) is 11 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Ideal Beauty Academy (480161) (in red) compares to similar universities.

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Retention Rate over Time

100%
2021 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 Ideal Beauty Academy (480161) was 100%. Compared with the full-time retention rate at similar (77%), Ideal Beauty Academy (480161) had a retention rate higher than its peers.

This chart shows the retention rate over time at Ideal Beauty Academy (480161) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. Black or African American
    6 enrolled students
  2. White
    4 enrolled students
  3. Native Hawaiian or Other Pacific Islanders
    1 enrolled students

The enrolled student population at Ideal Beauty Academy (480161) is 54.5% Black or African American, 36.4% White, and 9.09% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2020, 6 more women than men received degrees from Ideal Beauty Academy (480161). The most common race/ethnicity group of degree recipients at Ideal Beauty Academy (480161) is white (9 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Ideal Beauty Academy (480161) is Aesthetician & Skin Care Specialist (24 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 Ideal Beauty Academy (480161) are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

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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 Ideal Beauty Academy (480161) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

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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 Ideal Beauty Academy (480161) are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

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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 Ideal Beauty Academy (480161).
Most Common (2020)
0 degree-majors awarded

In 2020, the most common 1 to 2 year postsecondary certificate concentration at Ideal Beauty Academy (480161) was General Cosmetology with 0 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Ideal Beauty Academy (480161) according to their major.

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Sex Breakdown for Common Majors

0
Degrees Awarded to Men
in 2020
6
Degrees Awarded to Women
in 2020

In 2020, 0 degrees were awarded to men at Ideal Beauty Academy (480161), which is 0 times less than the number of degrees awarded to females (6).

This chart displays the sex disparity between the top 5 majors at Ideal Beauty Academy (480161) by degrees awarded.

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Most Common Female Majors

In 2021, 13 degrees were awarded to women at Ideal Beauty Academy (480161) in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

26%
100% Completion Time
63%
150% Completion Time

In 2021, 26% of students graduating from Ideal Beauty Academy (480161) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2018 at Ideal Beauty Academy (480161) is Male and Asian (100% graduation rate). Across all , Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    9 degrees awarded
  2. Black or African American
    3 degrees awarded

The most common race/ethnicity at Ideal Beauty Academy (480161) is white (9 degrees awarded). There were 3 times more white recipients than the next closest race/ethnicity group, black or african american (3 degrees).

7.69% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    9 degrees awarded
  2. Black or African American Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Ideal Beauty Academy (480161) is white female (9 degrees awarded). There were 3 times more white female recipients than the next closest race/ethnicity group, black or african american female (3 degrees).

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briefcaseOperations

Salary Expenditure

$75k
2021 Salaries
49.7%
growth from 2020

In 2021, Ideal Beauty Academy (480161) paid a median of $75k in salaries, a 49.7% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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