Lowell Academy Hairstyling Institute (166498)

www.lowellacademy.com

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2022 Average Net Price

$19,216

After Financial Aid

2019 Default Rate

3.28%

on Student Loans

2022 Enrolled Students

44.6% Full-Time

About

Lowell Academy Hairstyling Institute (166498) is a higher education institution located in Middlesex County, MA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lowell Academy Hairstyling Institute (166498) were General Cosmetology (23 degrees awarded).

In 2022, 23 degrees were awarded across all undergraduate and graduate programs at Lowell Academy Hairstyling Institute (166498). 87% of these degrees were awarded to women, and 13% awarded men. The most common race/ethnicity group of degree recipients was white (14 degrees), 3.5 times more than then the next closest race/ethnicity group, asian (4 degrees).

In 2019 the default rate for borrower's at Lowell Academy Hairstyling Institute (166498) was 3.28%, corresponding to 2 out of the 61 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 $19,216.

In 2022, 63% of undergraduate students attending Lowell Academy Hairstyling Institute (166498) received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Average Net Price

$19,216

2022 Value

14.2%

1 Year Growth

In 2022 Lowell Academy Hairstyling Institute (166498) had an average net price — the price paid after factoring in grants and loans — of $19,216. Between 2021 and 2022, the average net price of Lowell Academy Hairstyling Institute (166498) grew by 14.2%.

This chart compares the average net price of Lowell Academy Hairstyling Institute (166498) (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

63%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Lowell Academy Hairstyling Institute (166498) received financial aid through grants or loans in 2022. This represents a growth of 65.8% with respect to 2021, when 38% of undergraduate students received financial aid.

This chart compares the average award discount at Lowell Academy Hairstyling Institute (166498) (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.

3.28%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Lowell Academy Hairstyling Institute (166498) was 3.28%, which represents 2 out of the 61 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

Lowell Academy Hairstyling Institute (166498) had a total enrollment of 65 students in 2022. The full-time enrollment at Lowell Academy Hairstyling Institute (166498) is 29 students and the part-time enrollment is 36. This means that 44.6% of students enrolled at Lowell Academy Hairstyling Institute (166498) are enrolled full-time.

The enrolled student population at Lowell Academy Hairstyling Institute (166498), both undergraduate and graduate, is 66.2% White, 23.1% Hispanic or Latino, 4.62% Black or African American, and 3.08% Asian.

Students enrolled at Lowell Academy Hairstyling Institute (166498) in full-time Undergraduate programs are most commonly White Female (62.1%), followed by Hispanic or Latino Female (27.6%) and Asian Female (3.45%).

Full-Time vs Part-Time Enrollment

44.6%

Full-Time Enrollment

The total enrollment at Lowell Academy Hairstyling Institute (166498) in 2022, both undergraduate and graduate, is 65 students. The full-time enrollment at Lowell Academy Hairstyling Institute (166498) is 29 and the part-time enrollment is 36.

This chart shows the full-time vs part-time enrollment status at Lowell Academy Hairstyling Institute (166498) (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 Lowell Academy Hairstyling Institute (166498) was 67%.

This chart shows the retention rate over time at Lowell Academy Hairstyling Institute (166498) (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
43 enrolled students
Hispanic or Latino
15 enrolled students
Black or African American
3 enrolled students

The enrolled student population at Lowell Academy Hairstyling Institute (166498) is 66.2% White, 23.1% Hispanic or Latino, 4.62% Black or African American, and 3.08% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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 (1.54%) did not report their race.

Graduates

In 2022, 17 more women than men received degrees from Lowell Academy Hairstyling Institute (166498). The most common race/ethnicity group of degree recipients at Lowell Academy Hairstyling Institute (166498) is white (14 degrees awarded). There were 3.5 times more white recipients than the next closest race/ethnicity group, asian (4 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lowell Academy Hairstyling Institute (166498) is General Cosmetology (23 degrees awarded).

In 2022, the most specialized majors across all degree types at Lowell Academy Hairstyling Institute (166498), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (23 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 Lowell Academy Hairstyling Institute (166498) 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 Lowell Academy Hairstyling Institute (166498) in 2022 are Personal & Culinary Services (23 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 Lowell Academy Hairstyling Institute (166498) are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Lowell Academy Hairstyling Institute (166498) are Personal & Culinary Services (23 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 Lowell Academy Hairstyling Institute (166498) 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 Lowell Academy Hairstyling Institute (166498) are Personal & Culinary Services (23 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 Lowell Academy Hairstyling Institute (166498).

General Cosmetology

Most Common (2022)

23 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Lowell Academy Hairstyling Institute (166498) 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 Lowell Academy Hairstyling Institute (166498) according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 3 degrees were awarded to men at Lowell Academy Hairstyling Institute (166498), which is 0.15 times less than the number of degrees awarded to females (20).

This chart displays the sex disparity between the top 5 majors at Lowell Academy Hairstyling Institute (166498) by degrees awarded.

Most Common Male Majors

In 2022, 3 degrees were awarded to men at Lowell Academy Hairstyling Institute (166498) in General Cosmetology, which is 0.15 times less than the 20 female recipients with that same degree.

Most Common Female Majors

In 2022, 20 degrees were awarded to men at Lowell Academy Hairstyling Institute (166498) in General Cosmetology, which is 6.67 times more than the 3 male recipients with that same degree.

Time to Complete

45%

100% Completion Time

45%

150% Completion Time

In 2022, 45% of students graduating from Lowell Academy Hairstyling Institute (166498) completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 45% 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)

White
14 degrees awarded
Asian
4 degrees awarded
Hispanic or Latino
4 degrees awarded

The most common race/ethnicity at Lowell Academy Hairstyling Institute (166498) is white (14 degrees awarded). There were 3.5 times more white recipients than the next closest race/ethnicity group, asian (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
12 degrees awarded
Hispanic or Latino Female
4 degrees awarded
Asian Female
3 degrees awarded

The most common race/ethnicity and sex grouping at Lowell Academy Hairstyling Institute (166498) is white female (12 degrees awarded). There were 3 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (4 degrees).

Operations

Salary Expenditure

$158k

2022 Salaries

19.9%

growth from 2021

In 2022, Lowell Academy Hairstyling Institute (166498) paid a median of $158k in salaries, a 19.9% growth from the previous year. This is compared to a 64.1% decline between 2020 and 2021, and a 1.14% growth between 2019 and 2020.

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

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