Penrose Academy

penrose.edu

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2022 Average Net Price

$16,868

After Financial Aid

2019 Default Rate

on Student Loans

2021 Acceptance Rate

100%

35 Applicants

2022 Enrolled Students

328

100% Full-Time

About

Penrose Academy is a higher education institution located in Maricopa County, AZ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Penrose Academy were General Cosmetology (74 degrees awarded) and Hair Styling & Design (45 degrees).

In 2022, 325 degrees were awarded across all undergraduate and graduate programs at Penrose Academy. 98.5% of these degrees were awarded to women, and 1.54% awarded men. The most common race/ethnicity group of degree recipients was white (170 degrees), 4.05 times more than then the next closest race/ethnicity group, hispanic or latino (42 degrees).

In 2019 the default rate for borrower's at Penrose Academy was 0%, corresponding to 0 out of the 186 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 $16,868.

In 2022, 32% of undergraduate students attending Penrose Academy received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Average Net Price

$16,868

2022 Value

7.41%

1 Year Growth

In 2022 Penrose Academy had an average net price — the price paid after factoring in grants and loans — of $16,868. Between 2021 and 2022, the average net price of Penrose Academy grew by 7.41%.

This chart compares the average net price of Penrose 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

32%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

32% of undergraduate students at Penrose Academy received financial aid through grants or loans in 2022. This represents a decline of 5.88% with respect to 2021, when 34% of undergraduate students received financial aid.

This chart compares the average award discount at Penrose 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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Penrose Academy was 0%, which represents 0 out of the 186 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.

Admissions

Penrose Academy received 35 undergraduate applications in 2021, which represents a 289% annual growth. Out of those 35 applicants, 35 students were accepted for enrollment, representing a 100% acceptance rate.

There were 328 students enrolled at Penrose Academy in 2022.

Penrose Academy has an overall enrollment yield of 100%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

100%

Acceptance Rate in 2021

Accepted Out of 35

In 2021, the undergraduate acceptance rate of Penrose Academy was 100% (35 admissions from 35 applications). This is higher than the acceptance rate of 2020, which was 88.9%. Between 2020 and 2021, the number of applicants grew by 289%, while admissions grew by 338%.

This chart compares the acceptance rate of Penrose Academy (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Penrose Academy had a total enrollment of 328 students in 2022. The full-time enrollment at Penrose Academy is 328 students and the part-time enrollment is 0. This means that 100% of students enrolled at Penrose Academy are enrolled full-time.

The enrolled student population at Penrose Academy, both undergraduate and graduate, is 62.8% White, 18% Hispanic or Latino, 8.23% Two or More Races, 1.52% Asian, 0.915% Black or African American, and 0.305% American Indian or Alaska Native.

Students enrolled at Penrose Academy in full-time Undergraduate programs are most commonly White Female (61.9%), followed by Hispanic or Latino Female (18%) and Two or More Races Female (8.23%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Penrose Academy in 2022, both undergraduate and graduate, is 328 students. The full-time enrollment at Penrose Academy is 328 and the part-time enrollment is 0.

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

Retention Rate over Time

94%

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 Penrose Academy was 94%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
206 enrolled students
Hispanic or Latino
59 enrolled students
Two or More Races
27 enrolled students

The enrolled student population at Penrose Academy is 62.8% White, 18% Hispanic or Latino, 8.23% Two or More Races, 1.52% Asian, 0.915% Black or African American, and 0.305% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 315 more women than men received degrees from Penrose Academy. The most common race/ethnicity group of degree recipients at Penrose Academy is white (170 degrees awarded). There were 4.05 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Penrose Academy is General Cosmetology (74 degrees awarded), followed by Hair Styling & Design (45 degrees).

In 2022, the most specialized majors across all degree types at Penrose Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (325 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 Penrose Academy 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 Penrose Academy in 2022 are Personal & Culinary Services (325 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 Penrose Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Penrose Academy are Personal & Culinary Services (325 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 Penrose Academy 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 Penrose Academy are Personal & Culinary Services (325 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 Penrose Academy.

Most Common (2022)

General Cosmetology
74 degrees awarded
Hair Styling & Design
45 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Penrose Academy was General Cosmetology with 74 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

320

Degrees Awarded to Women

in 2022

In 2022, 5 degrees were awarded to men at Penrose Academy, which is 0.0156 times less than the number of degrees awarded to females (320).

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

Most Common Male Majors

In 2022, 3 degrees were awarded to men at Penrose Academy in Aesthetician & Skin Care Specialist, which is 0.0148 times less than the 203 female recipients with that same degree.

Most Common Female Majors

In 2022, 203 degrees were awarded to men at Penrose Academy in Aesthetician & Skin Care Specialist, which is 67.7 times more than the 3 male recipients with that same degree.

Time to Complete

10%

100% Completion Time

94%

150% Completion Time

In 2022, 10% of students graduating from Penrose Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 94% 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
170 degrees awarded
Hispanic or Latino
42 degrees awarded
Two or More Races
26 degrees awarded

The most common race/ethnicity at Penrose Academy is white (170 degrees awarded). There were 4.05 times more white recipients than the next closest race/ethnicity group, hispanic or latino (42 degrees).

20.9% of degree recipients (68 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
168 degrees awarded
Hispanic or Latino Female
40 degrees awarded
Two or More Races Female
25 degrees awarded

The most common race/ethnicity and sex grouping at Penrose Academy is white female (168 degrees awarded). There were 4.2 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (40 degrees).

Operations

Salary Expenditure

$2.19M

2022 Salaries

23.3%

growth from 2021

In 2022, Penrose Academy paid a median of $2.19M in salaries, a 23.3% growth from the previous year. This is compared to a 2.64% growth between 2020 and 2021, and a 5.55% growth between 2019 and 2020.

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

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