Modern Beauty Academy

N/A

Add Comparison
2023 Average Net Price
$11,582
After Financial Aid
2023 Enrolled Students
62
67.7% Full-Time

About

Costs

After taking grants and loans into account, the average net price for students is $11,582.

Average Net Price

$11,582
2023 Value
52%
1 Year Growth

In 2023 Modern Beauty Academy had an average net price — the price paid after factoring in grants and loans — of $11,582. Between 2022 and 2023, the average net price of Modern Beauty Academy grew by 52%.

This chart compares the average net price of Modern Beauty 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

28%
Undergraduates Receiving Financial Aid through Grants
26%
Undergraduates Receiving Financial Aid through Loans

28% of undergraduate students at Modern Beauty Academy received financial aid through grants or loans in 2023. This represents a decline of 42.9% with respect to 2022, when 49% of undergraduate students received financial aid.

This chart compares the average award discount at Modern Beauty 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.

Enrollment

Modern Beauty Academy had a total enrollment of 62 students in 2023. The full-time enrollment at Modern Beauty Academy is 42 students and the part-time enrollment is 20. This means that 67.7% of students enrolled at Modern Beauty Academy are enrolled full-time.

The enrolled student population at Modern Beauty Academy, both undergraduate and graduate, is 77.4% Hispanic or Latino, 4.84% White, 3.23% American Indian or Alaska Native, 3.23% Asian, and 1.61% Two or More Races.

Students enrolled at Modern Beauty Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (54.5%), followed by Hispanic or Latino Male (27.3%) and American Indian or Alaska Native Female (3.03%).

Full-Time vs Part-Time Enrollment

67.7%
Full-Time Enrollment

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

Retention Rate over Time

100%
2023 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 Modern Beauty Academy was 100%.

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

View Data
Save Image

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    48 enrolled students
  2. White
    3 enrolled students
  3. American Indian or Alaska Native
    2 enrolled students

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, 1 students (1.61%) did not report their race.

View Data
Save Image
View Data
Save Image

Graduates

In 2023, 16 more women than men received degrees from Modern Beauty Academy. The most common race/ethnicity group of degree recipients at Modern Beauty Academy is hispanic or latino (52 degrees awarded). There were 52 times more hispanic or latino recipients than the next closest race/ethnicity group, asian (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Modern Beauty Academy is Barbering (27 degrees awarded), followed by General Cosmetology (15 degrees).

In 2023,  the most specialized majors across all degree types at Modern Beauty Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (58 degrees awarded).

Common Jobs by Major

N/A
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Modern Beauty Academy are N/A.

The most specialized majors at Modern Beauty Academy in 2023 are Personal & Culinary Services (58 degrees awarded) (as of 2023).

View Data
Save Image

Highest Paying Jobs by Major

N/A
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Modern Beauty Academy are N/A

The most specialized majors at Modern Beauty Academy are Personal & Culinary Services (58 degrees awarded) (as of 2023).

View Data
Save Image

Common Industries by Major

N/A
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Modern Beauty Academy are N/A.

The most specialized majors at Modern Beauty Academy are Personal & Culinary Services (58 degrees awarded) (as of 2023).

View Data
Save Image

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Modern Beauty Academy.
Most Common (2023)
  1. Barbering
    27 degrees awarded
  2. General Cosmetology
    15 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Modern Beauty Academy was Barbering with 27 degrees awarded.

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

View Data
Save Image

Sex Breakdown for Common Majors

21
Degrees Awarded to Men
in 2023
37
Degrees Awarded to Women
in 2023

In 2023, 21 degrees were awarded to men at Modern Beauty Academy, which is 0.568 times less than the number of degrees awarded to females (37).

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

View Data
Save Image

Most Common Male Majors

In 2023, 21 degrees were awarded to men at Modern Beauty Academy in Barbering, which is 1.75 times more than the 12 female recipients with that same degree.

View Data
Save Image

Most Common Female Majors

In 2023, 15 degrees were awarded to women at Modern Beauty Academy in General Cosmetology. There were no male recipients with the same degree.

View Data
Save Image

Time to Complete

60%
150% Completion Time

In 2023, 60% of students graduating from Modern Beauty Academy completed their program within 150% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 200% of the normal time.

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.

View Data
Save Image

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    52 degrees awarded
  2. Asian
    1 degrees awarded
  3. White
    1 degrees awarded

The most common race/ethnicity at Modern Beauty Academy is hispanic or latino (52 degrees awarded). There were 52 times more hispanic or latino recipients than the next closest race/ethnicity group, asian (1 degrees).

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

View Data
Save Image

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    32 degrees awarded
  2. Hispanic or Latino Male
    20 degrees awarded
  3. White Male
    1 degrees awarded

The most common race/ethnicity and sex grouping at Modern Beauty Academy is hispanic or latino female (32 degrees awarded). There were 1.6 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (20 degrees).

View Data
Save Image

Operations

Salary Expenditure

$215k
2023 Salaries
23.1%
growth from 2022

In 2023, Modern Beauty Academy paid a median of $215k in salaries, a 23.1% growth from the previous year. This is compared to a 129% growth between 2021 and 2022, and a 62.2% decline between 2020 and 2021.