Studio Academy of Beauty

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2022 Average Net Price
$17,932
After Financial Aid
2019 Default Rate
0.222%
on Student Loans
2022 Enrolled Students
679
77.8% Full-Time

About

Studio Academy of Beauty is a higher education institution located in Maricopa County, AZ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Studio Academy of Beauty were General Cosmetology (104 degrees awarded) and Hair Styling & Design (31 degrees).

In 2022, 604 degrees were awarded across all undergraduate and graduate programs at Studio Academy of Beauty. 97.8% of these degrees were awarded to women, and 2.15% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (271 degrees), 1.5 times more than then the next closest race/ethnicity group, white (181 degrees).

Costs

After taking grants and loans into account, the average net price for students is $17,932.

In 2022, 62% of undergraduate students attending Studio Academy of Beauty received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Average Net Price

$17,932
2022 Value
13.2%
1 Year Growth

In 2022 Studio Academy of Beauty had an average net price — the price paid after factoring in grants and loans — of $17,932. Between 2021 and 2022, the average net price of Studio Academy of Beauty grew by 13.2%.

This chart compares the average net price of Studio Academy of Beauty (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

62%
Undergraduates Receiving Financial Aid through Grants
65%
Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at Studio Academy of Beauty received financial aid through grants or loans in 2022. This represents a decline of 24.4% with respect to 2021, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Studio Academy of Beauty (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.
0.222%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Studio Academy of Beauty was 0.222%, which represents 1 out of the 451 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

Studio Academy of Beauty had a total enrollment of 679 students in 2022. The full-time enrollment at Studio Academy of Beauty is 528 students and the part-time enrollment is 151. This means that 77.8% of students enrolled at Studio Academy of Beauty are enrolled full-time.

The enrolled student population at Studio Academy of Beauty, both undergraduate and graduate, is 49% Hispanic or Latino, 22.5% White, 15% Black or African American, 8.1% Two or More Races, 1.47% American Indian or Alaska Native, 0.589% Asian, and 0.589% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Studio Academy of Beauty in full-time Undergraduate programs are most commonly Hispanic or Latino Female (47.2%), followed by White Female (23.9%) and Black or African American Female (13.1%).

Full-Time vs Part-Time Enrollment

77.8%
Full-Time Enrollment

The total enrollment at Studio Academy of Beauty in 2022, both undergraduate and graduate, is 679 students. The full-time enrollment at Studio Academy of Beauty is 528 and the part-time enrollment is 151.

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

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Retention Rate over Time

88%
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 Studio Academy of Beauty was 88%. Compared with the full-time retention rate at similar (79%), Studio Academy of Beauty had a retention rate higher than its peers.

This chart shows the retention rate over time at Studio Academy of Beauty (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
    333 enrolled students
  2. White
    153 enrolled students
  3. Black or African American
    102 enrolled students

The enrolled student population at Studio Academy of Beauty is 49% Hispanic or Latino, 22.5% White, 15% Black or African American, 8.1% Two or More Races, 1.47% American Indian or Alaska Native, 0.589% Asian, and 0.589% 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 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 17 students (2.5%) did not report their race.

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Graduates

In 2022, 578 more women than men received degrees from Studio Academy of Beauty. The most common race/ethnicity group of degree recipients at Studio Academy of Beauty is hispanic or latino (271 degrees awarded). There were 1.5 times more hispanic or latino recipients than the next closest race/ethnicity group, white (181 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Studio Academy of Beauty is General Cosmetology (104 degrees awarded), followed by Hair Styling & Design (31 degrees).

In 2022,  the most specialized majors across all degree types at Studio Academy of Beauty, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (604 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 Studio Academy of Beauty 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 Studio Academy of Beauty in 2022 are Personal & Culinary Services (604 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 Studio Academy of Beauty are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Studio Academy of Beauty are Personal & Culinary Services (604 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 Studio Academy of Beauty 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 Studio Academy of Beauty are Personal & Culinary Services (604 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 Studio Academy of Beauty.
Most Common (2022)
  1. 104 degrees awarded
  2. 31 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Studio Academy of Beauty was General Cosmetology with 104 degrees awarded.

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

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Sex Breakdown for Common Majors

13
Degrees Awarded to Men
in 2022
591
Degrees Awarded to Women
in 2022

In 2022, 13 degrees were awarded to men at Studio Academy of Beauty, which is 0.022 times less than the number of degrees awarded to females (591).

This chart displays the sex disparity between the top 5 majors at Studio Academy of Beauty by degrees awarded.

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Most Common Male Majors

In 2022, 6 degrees were awarded to men at Studio Academy of Beauty in General Cosmetology, which is 0.0612 times less than the 98 female recipients with that same degree.

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Most Common Female Majors

In 2022, 466 degrees were awarded to men at Studio Academy of Beauty in Aesthetician & Skin Care Specialist, which is 155 times more than the 3 male recipients with that same degree.

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Time to Complete

65%
100% Completion Time
77%
150% Completion Time

In 2022, 65% of students graduating from Studio Academy of Beauty completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 77% completed their degrees within 150% of the normal time, and 78% 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
    271 degrees awarded
  2. White
    181 degrees awarded
  3. Black or African American
    76 degrees awarded

The most common race/ethnicity at Studio Academy of Beauty is hispanic or latino (271 degrees awarded). There were 1.5 times more hispanic or latino recipients than the next closest race/ethnicity group, white (181 degrees).

1.82% of degree recipients (11 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    265 degrees awarded
  2. White Female
    177 degrees awarded
  3. Black or African American Female
    74 degrees awarded

The most common race/ethnicity and sex grouping at Studio Academy of Beauty is hispanic or latino female (265 degrees awarded). There were 1.5 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (177 degrees).

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Operations

Salary Expenditure

$3.51M
2022 Salaries
9.08%
growth from 2021

In 2022, Studio Academy of Beauty paid a median of $3.51M in salaries, a 9.08% growth from the previous year.

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

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