Salon Boutique Academy

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2022 Average Net Price
$20,818
After Financial Aid
2019 Default Rate
5%
on Student Loans
2022 Enrolled Students
156
59% Full-Time

About

Salon Boutique Academy is a higher education institution located in Dallas County, TX. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Salon Boutique Academy were General Cosmetology (23 degrees awarded).

In 2022, 151 degrees were awarded across all undergraduate and graduate programs at Salon Boutique Academy. 98% of these degrees were awarded to women, and 1.99% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (60 degrees), 1.2 times more than then the next closest race/ethnicity group, white (50 degrees).

Costs

After taking grants and loans into account, the average net price for students is $20,818.

In 2022, 40% of undergraduate students attending Salon Boutique Academy received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Average Net Price

$20,818
2022 Value
12.3%
1 Year Growth

In 2022 Salon Boutique Academy had an average net price — the price paid after factoring in grants and loans — of $20,818. Between 2021 and 2022, the average net price of Salon Boutique Academy grew by 12.3%.

This chart compares the average net price of Salon Boutique 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.

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Financial Aid by Income Level

40%
Undergraduates Receiving Financial Aid through Grants
56%
Undergraduates Receiving Financial Aid through Loans

40% of undergraduate students at Salon Boutique Academy received financial aid through grants or loans in 2022. This represents a growth of 8.11% with respect to 2021, when 37% of undergraduate students received financial aid.

This chart compares the average award discount at Salon Boutique 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.

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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.
5%
2019 Default Rate
3
Number of Defaults

In 2019 the default rate for borrower's at Salon Boutique Academy was 5%, which represents 3 out of the 60 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

Salon Boutique Academy had a total enrollment of 156 students in 2022. The full-time enrollment at Salon Boutique Academy is 92 students and the part-time enrollment is 64. This means that 59% of students enrolled at Salon Boutique Academy are enrolled full-time.

The enrolled student population at Salon Boutique Academy, both undergraduate and graduate, is 44.2% Hispanic or Latino, 30.1% Black or African American, 23.1% White, 1.92% Asian, and 0.641% American Indian or Alaska Native.

Students enrolled at Salon Boutique Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (43.5%), followed by Black or African American Female (26.1%) and White Female (26.1%).

Full-Time vs Part-Time Enrollment

59%
Full-Time Enrollment

The total enrollment at Salon Boutique Academy in 2022, both undergraduate and graduate, is 156 students. The full-time enrollment at Salon Boutique Academy is 92 and the part-time enrollment is 64.

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

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Retention Rate over Time

91%
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 Salon Boutique Academy was 91%. Compared with the full-time retention rate at similar (79%), Salon Boutique Academy had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

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

The enrolled student population at Salon Boutique Academy is 44.2% Hispanic or Latino, 30.1% Black or African American, 23.1% White, 1.92% Asian, and 0.641% American Indian or Alaska Native. 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, 145 more women than men received degrees from Salon Boutique Academy. The most common race/ethnicity group of degree recipients at Salon Boutique Academy is hispanic or latino (60 degrees awarded). There were 1.2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (50 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Salon Boutique Academy is General Cosmetology (23 degrees awarded).

In 2022,  the most specialized majors across all degree types at Salon Boutique Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (151 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 Salon Boutique Academy 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 Salon Boutique Academy in 2022 are Personal & Culinary Services (151 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 Salon Boutique Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Salon Boutique Academy are Personal & Culinary Services (151 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 Salon Boutique Academy 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 Salon Boutique Academy are Personal & Culinary Services (151 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 Salon Boutique Academy.
Most Common (2022)
23 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Salon Boutique Academy was General Cosmetology with 23 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Salon Boutique Academy according to their major.

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2022
148
Degrees Awarded to Women
in 2022

In 2022, 3 degrees were awarded to men at Salon Boutique Academy, which is 0.0203 times less than the number of degrees awarded to females (148).

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

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Most Common Male Majors

In 2022, 2 degrees were awarded to men at Salon Boutique Academy in Aesthetician & Skin Care Specialist, which is 0.0159 times less than the 126 female recipients with that same degree.

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Most Common Female Majors

In 2022, 126 degrees were awarded to men at Salon Boutique Academy in Aesthetician & Skin Care Specialist, which is 63 times more than the 2 male recipients with that same degree.

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Time to Complete

10%
100% Completion Time
81%
150% Completion Time

In 2022, 10% of students graduating from Salon Boutique Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 81% 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. Hispanic or Latino
    60 degrees awarded
  2. White
    50 degrees awarded
  3. Black or African American
    34 degrees awarded

The most common race/ethnicity at Salon Boutique Academy is hispanic or latino (60 degrees awarded). There were 1.2 times more hispanic or latino recipients than the next closest race/ethnicity group, white (50 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. Hispanic or Latino Female
    59 degrees awarded
  2. White Female
    48 degrees awarded
  3. Black or African American Female
    34 degrees awarded

The most common race/ethnicity and sex grouping at Salon Boutique Academy is hispanic or latino female (59 degrees awarded). There were 1.23 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (48 degrees).

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Operations

Salary Expenditure

$732k
2022 Salaries
5.48%
growth from 2021

In 2022, Salon Boutique Academy paid a median of $732k in salaries, a 5.48% growth from the previous year.

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

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