L'esprit Academy (457633)

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2022 Average Net Price
$13,028
After Financial Aid
2019 Default Rate
2.63%
on Student Loans
2022 Enrolled Students
231
35.9% Full-Time

About

L'esprit Academy (457633) is a higher education institution located in Wayne County, MI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at L'esprit Academy (457633) were General Cosmetology (45 degrees awarded).

In 2022, 254 degrees were awarded across all undergraduate and graduate programs at L'esprit Academy (457633). 98.4% of these degrees were awarded to women, and 1.57% awarded men. The most common race/ethnicity group of degree recipients was black or african american (120 degrees), 1.28 times more than then the next closest race/ethnicity group, white (94 degrees).

Costs

After taking grants and loans into account, the average net price for students is $13,028.

In 2022, 42% of undergraduate students attending L'esprit Academy (457633) received financial aid through grants. Comparatively, 44% of undergraduate students received financial aid through loans.

Average Net Price

$13,028
2022 Value
3.6%
1 Year Growth

In 2022 L'esprit Academy (457633) had an average net price — the price paid after factoring in grants and loans — of $13,028. Between 2021 and 2022, the average net price of L'esprit Academy (457633) grew by 3.6%.

This chart compares the average net price of L'esprit Academy (457633) (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
44%
Undergraduates Receiving Financial Aid through Loans

42% of undergraduate students at L'esprit Academy (457633) received financial aid through grants or loans in 2022. This represents a decline of 16% with respect to 2021, when 50% of undergraduate students received financial aid.

This chart compares the average award discount at L'esprit Academy (457633) (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.
2.63%
2019 Default Rate
2
Number of Defaults

In 2019 the default rate for borrower's at L'esprit Academy (457633) was 2.63%, which represents 2 out of the 76 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

L'esprit Academy (457633) had a total enrollment of 231 students in 2022. The full-time enrollment at L'esprit Academy (457633) is 83 students and the part-time enrollment is 148. This means that 35.9% of students enrolled at L'esprit Academy (457633) are enrolled full-time.

The enrolled student population at L'esprit Academy (457633), both undergraduate and graduate, is 50.2% Black or African American, 40.7% White, 3.46% Asian, 3.03% Two or More Races, and 2.16% Hispanic or Latino.

Students enrolled at L'esprit Academy (457633) in full-time Undergraduate programs are most commonly White Female (50.6%), followed by Black or African American Female (39.8%) and Two or More Races Female (3.61%).

Full-Time vs Part-Time Enrollment

35.9%
Full-Time Enrollment

The total enrollment at L'esprit Academy (457633) in 2022, both undergraduate and graduate, is 231 students. The full-time enrollment at L'esprit Academy (457633) is 83 and the part-time enrollment is 148.

This chart shows the full-time vs part-time enrollment status at L'esprit Academy (457633) (in red) compares to similar universities.

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Retention Rate over Time

97%
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 L'esprit Academy (457633) was 97%. Compared with the full-time retention rate at similar (79%), L'esprit Academy (457633) had a retention rate higher than its peers.

This chart shows the retention rate over time at L'esprit Academy (457633) (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
    116 enrolled students
  2. White
    94 enrolled students
  3. Asian
    8 enrolled students

The enrolled student population at L'esprit Academy (457633) is 50.2% Black or African American, 40.7% White, 3.46% Asian, 3.03% Two or More Races, and 2.16% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 246 more women than men received degrees from L'esprit Academy (457633). The most common race/ethnicity group of degree recipients at L'esprit Academy (457633) is black or african american (120 degrees awarded). There were 1.28 times more black or african american recipients than the next closest race/ethnicity group, white (94 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at L'esprit Academy (457633) is General Cosmetology (45 degrees awarded).

In 2022,  the most specialized majors across all degree types at L'esprit Academy (457633), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (254 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 L'esprit Academy (457633) 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 L'esprit Academy (457633) in 2022 are Personal & Culinary Services (254 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 L'esprit Academy (457633) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at L'esprit Academy (457633) are Personal & Culinary Services (254 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 L'esprit Academy (457633) 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 L'esprit Academy (457633) are Personal & Culinary Services (254 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 L'esprit Academy (457633).
Most Common (2022)
45 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at L'esprit Academy (457633) was General Cosmetology with 45 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at L'esprit Academy (457633) according to their major.

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Sex Breakdown for Common Majors

4
Degrees Awarded to Men
in 2022
250
Degrees Awarded to Women
in 2022

In 2022, 4 degrees were awarded to men at L'esprit Academy (457633), which is 0.016 times less than the number of degrees awarded to females (250).

This chart displays the sex disparity between the top 5 majors at L'esprit Academy (457633) by degrees awarded.

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Most Common Male Majors

In 2022, 1 degrees were awarded to men at L'esprit Academy (457633) in General Cosmetology, which is 0.0227 times less than the 44 female recipients with that same degree.

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Most Common Female Majors

In 2022, 160 degrees were awarded to men at L'esprit Academy (457633) in Aesthetician & Skin Care Specialist, which is 160 times more than the 1 male recipients with that same degree.

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Time to Complete

14%
100% Completion Time
90%
150% Completion Time

In 2022, 14% of students graduating from L'esprit Academy (457633) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 90% completed their degrees within 150% of the normal time, and 90% 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. Black or African American
    120 degrees awarded
  2. White
    94 degrees awarded
  3. Hispanic or Latino
    15 degrees awarded

The most common race/ethnicity at L'esprit Academy (457633) is black or african american (120 degrees awarded). There were 1.28 times more black or african american recipients than the next closest race/ethnicity group, white (94 degrees).

0.787% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    118 degrees awarded
  2. White Female
    92 degrees awarded
  3. Hispanic or Latino Female
    15 degrees awarded

The most common race/ethnicity and sex grouping at L'esprit Academy (457633) is black or african american female (118 degrees awarded). There were 1.28 times more black or african american female recipients than the next closest race/ethnicity group, white female (92 degrees).

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Operations

Salary Expenditure

$1.09M
2022 Salaries
68.2%
growth from 2021

In 2022, L'esprit Academy (457633) paid a median of $1.09M in salaries, a 68.2% growth from the previous year.

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

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