Elite Cosmetology, Barber & Spa Academy

elitecbsacademy.com

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2022 Average Net Price

$20,407

After Financial Aid

2019 Default Rate

9.09%

on Student Loans

2022 Enrolled Students

124

96.8% Full-Time

About

Elite Cosmetology, Barber & Spa Academy is a higher education institution located in Yakima County, WA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Elite Cosmetology, Barber & Spa Academy were Barbering (35 degrees awarded), General Cosmetology (12 degrees), and Master Aesthetician (6 degrees).

In 2022, 112 degrees were awarded across all undergraduate and graduate programs at Elite Cosmetology, Barber & Spa Academy. 66.1% of these degrees were awarded to women, and 33.9% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (90 degrees), 5.63 times more than then the next closest race/ethnicity group, white (16 degrees).

In 2019 the default rate for borrower's at Elite Cosmetology, Barber & Spa Academy was 9.09%, corresponding to 5 out of the 55 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 $20,407.

In 2022, 48% of undergraduate students attending Elite Cosmetology, Barber & Spa Academy received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Average Net Price

$20,407

2022 Value

9.6%

1 Year Growth

In 2022 Elite Cosmetology, Barber & Spa Academy had an average net price — the price paid after factoring in grants and loans — of $20,407. Between 2021 and 2022, the average net price of Elite Cosmetology, Barber & Spa Academy grew by 9.6%.

This chart compares the average net price of Elite Cosmetology, Barber & Spa 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.

Financial Aid by Income Level

48%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Elite Cosmetology, Barber & Spa Academy received financial aid through grants or loans in 2022. This represents a decline of 33.3% with respect to 2021, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Elite Cosmetology, Barber & Spa 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.

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.

9.09%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Elite Cosmetology, Barber & Spa Academy was 9.09%, which represents 5 out of the 55 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.

Enrollment

Elite Cosmetology, Barber & Spa Academy had a total enrollment of 124 students in 2022. The full-time enrollment at Elite Cosmetology, Barber & Spa Academy is 120 students and the part-time enrollment is 4. This means that 96.8% of students enrolled at Elite Cosmetology, Barber & Spa Academy are enrolled full-time.

The enrolled student population at Elite Cosmetology, Barber & Spa Academy, both undergraduate and graduate, is 50.8% Hispanic or Latino, 25.8% White, 19.4% Two or More Races, 1.61% American Indian or Alaska Native, 0.806% Asian, and 0.806% Black or African American.

Students enrolled at Elite Cosmetology, Barber & Spa Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (30%), followed by White Female (24.2%) and Hispanic or Latino Male (20.8%).

Full-Time vs Part-Time Enrollment

96.8%

Full-Time Enrollment

The total enrollment at Elite Cosmetology, Barber & Spa Academy in 2022, both undergraduate and graduate, is 124 students. The full-time enrollment at Elite Cosmetology, Barber & Spa Academy is 120 and the part-time enrollment is 4.

This chart shows the full-time vs part-time enrollment status at Elite Cosmetology, Barber & Spa Academy (in red) compares to similar universities.

Retention Rate over Time

77%

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 Elite Cosmetology, Barber & Spa Academy was 77%.

This chart shows the retention rate over time at Elite Cosmetology, Barber & Spa Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
63 enrolled students
White
32 enrolled students
Two or More Races
24 enrolled students

The enrolled student population at Elite Cosmetology, Barber & Spa Academy is 50.8% Hispanic or Latino, 25.8% White, 19.4% Two or More Races, 1.61% American Indian or Alaska Native, 0.806% Asian, and 0.806% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 36 more women than men received degrees from Elite Cosmetology, Barber & Spa Academy. The most common race/ethnicity group of degree recipients at Elite Cosmetology, Barber & Spa Academy is hispanic or latino (90 degrees awarded). There were 5.63 times more hispanic or latino recipients than the next closest race/ethnicity group, white (16 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Elite Cosmetology, Barber & Spa Academy is Barbering (35 degrees awarded), followed by General Cosmetology (12 degrees) and Master Aesthetician (6 degrees).

In 2022, the most specialized majors across all degree types at Elite Cosmetology, Barber & Spa Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (102 degrees awarded) and Health (10 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Elite Cosmetology, Barber & Spa Academy are Registered nurses (1,394,973 people), Medical & health services managers (151,169 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Elite Cosmetology, Barber & Spa Academy in 2022 are Personal & Culinary Services (102 degrees awarded) and Health (10 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Elite Cosmetology, Barber & Spa Academy are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Elite Cosmetology, Barber & Spa Academy are Personal & Culinary Services (102 degrees awarded) and Health (10 degrees) (as of 2022).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Elite Cosmetology, Barber & Spa Academy are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at Elite Cosmetology, Barber & Spa Academy are Personal & Culinary Services (102 degrees awarded) and Health (10 degrees) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Elite Cosmetology, Barber & Spa Academy.

Most Common (2022)

Barbering
35 degrees awarded
General Cosmetology
12 degrees awarded
Master Aesthetician
6 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Elite Cosmetology, Barber & Spa Academy was Barbering with 35 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Elite Cosmetology, Barber & Spa Academy according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 38 degrees were awarded to men at Elite Cosmetology, Barber & Spa Academy, which is 0.514 times less than the number of degrees awarded to females (74).

This chart displays the sex disparity between the top 5 majors at Elite Cosmetology, Barber & Spa Academy by degrees awarded.

Most Common Male Majors

In 2022, 32 degrees were awarded to men at Elite Cosmetology, Barber & Spa Academy in Barbering, which is 10.7 times more than the 3 female recipients with that same degree.

Most Common Female Majors

In 2022, 24 degrees were awarded to women at Elite Cosmetology, Barber & Spa Academy in Nail Specialist & Manicurist. There were no male recipients with the same degree.

Time to Complete

100% Completion Time

38%

150% Completion Time

In 2022, 9% of students graduating from Elite Cosmetology, Barber & Spa Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 38% completed their degrees within 150% of the normal time, and 42% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

Hispanic or Latino
90 degrees awarded
White
16 degrees awarded
American Indian or Alaska Native
3 degrees awarded

The most common race/ethnicity at Elite Cosmetology, Barber & Spa Academy is hispanic or latino (90 degrees awarded). There were 5.63 times more hispanic or latino recipients than the next closest race/ethnicity group, white (16 degrees).

0.893% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
58 degrees awarded
Hispanic or Latino Male
32 degrees awarded
White Female
13 degrees awarded

The most common race/ethnicity and sex grouping at Elite Cosmetology, Barber & Spa Academy is hispanic or latino female (58 degrees awarded). There were 1.81 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (32 degrees).

Operations

Salary Expenditure

$366k

2022 Salaries

186%

growth from 2021

In 2022, Elite Cosmetology, Barber & Spa Academy paid a median of $366k in salaries, a 186% growth from the previous year. This is compared to a 60.7% decline between 2020 and 2021, and a 7.9% decline between 2019 and 2020.

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

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