Tigi Hairdressing Academy-Colorado Springs

https://www.tigihairdressingacademy.com

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2022 Average Net Price

$18,371

After Financial Aid

2019 Default Rate

2.4%

on Student Loans

2022 Enrolled Students

200

100% Full-Time

About

Tigi Hairdressing Academy-Colorado Springs is a higher education institution located in El Paso County, CO. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Tigi Hairdressing Academy-Colorado Springs were General Cosmetology (72 degrees awarded), Barbering (22 degrees), and Hair Styling & Design (2 degrees).

In 2022, 118 degrees were awarded across all undergraduate and graduate programs at Tigi Hairdressing Academy-Colorado Springs. 89.8% of these degrees were awarded to women, and 10.2% awarded men. The most common race/ethnicity group of degree recipients was white (81 degrees), 5.06 times more than then the next closest race/ethnicity group, hispanic or latino (16 degrees).

In 2019 the default rate for borrower's at Tigi Hairdressing Academy-Colorado Springs was 2.4%, corresponding to 3 out of the 125 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 $18,371.

In 2022, 62% of undergraduate students attending Tigi Hairdressing Academy-Colorado Springs received financial aid through grants. Comparatively, 63% of undergraduate students received financial aid through loans.

Average Net Price

$18,371

2022 Value

8.17%

1 Year Growth

In 2022 Tigi Hairdressing Academy-Colorado Springs had an average net price — the price paid after factoring in grants and loans — of $18,371. Between 2021 and 2022, the average net price of Tigi Hairdressing Academy-Colorado Springs grew by 8.17%.

This chart compares the average net price of Tigi Hairdressing Academy-Colorado Springs (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

62%

Undergraduates Receiving Financial Aid through Grants

63%

Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at Tigi Hairdressing Academy-Colorado Springs received financial aid through grants or loans in 2022. This represents a decline of 8.82% with respect to 2021, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Tigi Hairdressing Academy-Colorado Springs (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.

2.4%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Tigi Hairdressing Academy-Colorado Springs was 2.4%, which represents 3 out of the 125 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

Tigi Hairdressing Academy-Colorado Springs had a total enrollment of 200 students in 2022. The full-time enrollment at Tigi Hairdressing Academy-Colorado Springs is 200 students and the part-time enrollment is 0. This means that 100% of students enrolled at Tigi Hairdressing Academy-Colorado Springs are enrolled full-time.

The enrolled student population at Tigi Hairdressing Academy-Colorado Springs, both undergraduate and graduate, is 68% White, 20% Hispanic or Latino, 5.5% Black or African American, 5% Two or More Races, 1% Native Hawaiian or Other Pacific Islanders, and 0.5% Asian.

Students enrolled at Tigi Hairdressing Academy-Colorado Springs in full-time Undergraduate programs are most commonly White Female (65%), followed by Hispanic or Latino Female (18%) and Two or More Races Female (4.5%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Tigi Hairdressing Academy-Colorado Springs in 2022, both undergraduate and graduate, is 200 students. The full-time enrollment at Tigi Hairdressing Academy-Colorado Springs is 200 and the part-time enrollment is 0.

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

Retention Rate over Time

67%

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 Tigi Hairdressing Academy-Colorado Springs was 67%.

This chart shows the retention rate over time at Tigi Hairdressing Academy-Colorado Springs (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
136 enrolled students
Hispanic or Latino
40 enrolled students
Black or African American
11 enrolled students

The enrolled student population at Tigi Hairdressing Academy-Colorado Springs is 68% White, 20% Hispanic or Latino, 5.5% Black or African American, 5% Two or More Races, 1% Native Hawaiian or Other Pacific Islanders, and 0.5% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 94 more women than men received degrees from Tigi Hairdressing Academy-Colorado Springs. The most common race/ethnicity group of degree recipients at Tigi Hairdressing Academy-Colorado Springs is white (81 degrees awarded). There were 5.06 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Tigi Hairdressing Academy-Colorado Springs is General Cosmetology (72 degrees awarded), followed by Barbering (22 degrees) and Hair Styling & Design (2 degrees).

In 2022, the most specialized majors across all degree types at Tigi Hairdressing Academy-Colorado Springs, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (118 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 Tigi Hairdressing Academy-Colorado Springs 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 Tigi Hairdressing Academy-Colorado Springs in 2022 are Personal & Culinary Services (118 degrees awarded) (as of 2022).

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 Tigi Hairdressing Academy-Colorado Springs are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Tigi Hairdressing Academy-Colorado Springs are Personal & Culinary Services (118 degrees awarded) (as of 2022).

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 Tigi Hairdressing Academy-Colorado Springs 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 Tigi Hairdressing Academy-Colorado Springs are Personal & Culinary Services (118 degrees awarded) (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 Tigi Hairdressing Academy-Colorado Springs.

Most Common (2022)

General Cosmetology
72 degrees awarded
Barbering
22 degrees awarded
Hair Styling & Design
2 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Tigi Hairdressing Academy-Colorado Springs was General Cosmetology with 72 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

106

Degrees Awarded to Women

in 2022

In 2022, 12 degrees were awarded to men at Tigi Hairdressing Academy-Colorado Springs, which is 0.113 times less than the number of degrees awarded to females (106).

This chart displays the sex disparity between the top 5 majors at Tigi Hairdressing Academy-Colorado Springs by degrees awarded.

Most Common Male Majors

In 2022, 11 degrees were awarded to men at Tigi Hairdressing Academy-Colorado Springs in Barbering, which is 1 times approximately the same the 11 female recipients with that same degree.

Most Common Female Majors

In 2022, 71 degrees were awarded to men at Tigi Hairdressing Academy-Colorado Springs in General Cosmetology, which is 71 times more than the 1 male recipients with that same degree.

Time to Complete

47%

100% Completion Time

70%

150% Completion Time

In 2022, 47% of students graduating from Tigi Hairdressing Academy-Colorado Springs completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 70% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2020 at Tigi Hairdressing Academy-Colorado Springs is Male and Black or African American (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
81 degrees awarded
Hispanic or Latino
16 degrees awarded
Black or African American
13 degrees awarded

The most common race/ethnicity at Tigi Hairdressing Academy-Colorado Springs is white (81 degrees awarded). There were 5.06 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
79 degrees awarded
Hispanic or Latino Female
12 degrees awarded
Black or African American Female
7 degrees awarded

The most common race/ethnicity and sex grouping at Tigi Hairdressing Academy-Colorado Springs is white female (79 degrees awarded). There were 6.58 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (12 degrees).

Operations

Salary Expenditure

$524k

2022 Salaries

12%

growth from 2021

In 2022, Tigi Hairdressing Academy-Colorado Springs paid a median of $524k in salaries, a 12% growth from the previous year. This is compared to a 56% growth between 2020 and 2021.

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

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