Hair Design Institute

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2018 Average Net Price
$22,337
After Financial Aid
2019 Default Rate
3.23%
on Student Loans
2017 Enrolled Students
42
21.4% Full-Time

About

Hair Design Institute is a higher education institution located in Palm Beach County, FL. In 2018, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hair Design Institute were General Cosmetology (30 degrees awarded).

In 2018, 30 degrees were awarded across all undergraduate and graduate programs at Hair Design Institute. 90% of these degrees were awarded to women, and 10% awarded men. The most common race/ethnicity group of degree recipients was white (14 degrees), 1.75 times more than then the next closest race/ethnicity group, black or african american (8 degrees).

Costs

After taking grants and loans into account, the average net price for students is $22,337.

In 2018, 46% of undergraduate students attending Hair Design Institute received financial aid through grants. Comparatively, 22% of undergraduate students received financial aid through loans.

Average Net Price

$22,337
2018 Value
12.1%
1 Year Growth

In 2018 Hair Design Institute had an average net price — the price paid after factoring in grants and loans — of $22,337. Between 2017 and 2018, the average net price of Hair Design Institute grew by 12.1%.

This chart compares the average net price of Hair Design Institute (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

46%
Undergraduates Receiving Financial Aid through Grants
22%
Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at Hair Design Institute received financial aid through grants or loans in 2018. This represents a decline of 9.8% with respect to 2017, when 51% of undergraduate students received financial aid.

This chart compares the average award discount at Hair Design Institute (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.
3.23%
2019 Default Rate
5
Number of Defaults

In 2019 the default rate for borrower's at Hair Design Institute was 3.23%, which represents 5 out of the 155 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

Hair Design Institute had a total enrollment of 42 students in 2017. The full-time enrollment at Hair Design Institute is 9 students and the part-time enrollment is 33. This means that 21.4% of students enrolled at Hair Design Institute are enrolled full-time.

The enrolled student population at Hair Design Institute, both undergraduate and graduate, is 52.4% White, 26.2% Hispanic or Latino, 16.7% Black or African American, and 4.76% Two or More Races.

Students enrolled at Hair Design Institute in full-time Undergraduate programs are most commonly White Female (55.6%), followed by Hispanic or Latino Female (33.3%) and Two or More Races Male (11.1%).

Full-Time vs Part-Time Enrollment

21.4%
Full-Time Enrollment

The total enrollment at Hair Design Institute in 2017, both undergraduate and graduate, is 42 students. The full-time enrollment at Hair Design Institute is 9 and the part-time enrollment is 33.

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

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Retention Rate over Time

50%
2017 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 Hair Design Institute was 50%. Compared with the full-time retention rate at similar (79%), Hair Design Institute had a retention rate lower than its peers.

This chart shows the retention rate over time at Hair Design Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2017)
  1. White
    22 enrolled students
  2. Hispanic or Latino
    11 enrolled students
  3. Black or African American
    7 enrolled students

The enrolled student population at Hair Design Institute is 52.4% White, 26.2% Hispanic or Latino, 16.7% Black or African American, and 4.76% Two or More Races. 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.

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Graduates

In 2018, 24 more women than men received degrees from Hair Design Institute. The most common race/ethnicity group of degree recipients at Hair Design Institute is white (14 degrees awarded). There were 1.75 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hair Design Institute is General Cosmetology (30 degrees awarded).

In 2018,  the most specialized majors across all degree types at Hair Design Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (30 degrees awarded).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hair Design Institute are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Hair Design Institute in 2018 are Personal & Culinary Services (30 degrees awarded) (as of 2018).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hair Design Institute are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Hair Design Institute are Personal & Culinary Services (30 degrees awarded) (as of 2018).

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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 Hair Design Institute are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Hair Design Institute are Personal & Culinary Services (30 degrees awarded) (as of 2018).

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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 Hair Design Institute.
Most Common (2018)
30 degrees awarded

In 2018, the most common 1 to 2 year postsecondary certificate concentration at Hair Design Institute was General Cosmetology with 30 degrees awarded.

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

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2018
27
Degrees Awarded to Women
in 2018

In 2018, 3 degrees were awarded to men at Hair Design Institute, which is 0.111 times less than the number of degrees awarded to females (27).

This chart displays the sex disparity between the top 5 majors at Hair Design Institute by degrees awarded.

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Most Common Male Majors

In 2018, 3 degrees were awarded to men at Hair Design Institute in General Cosmetology, which is 0.111 times less than the 27 female recipients with that same degree.

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Most Common Female Majors

In 2018, 27 degrees were awarded to men at Hair Design Institute in General Cosmetology, which is 9 times more than the 3 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2018)
  1. White
    14 degrees awarded
  2. Black or African American
    8 degrees awarded
  3. Hispanic or Latino
    6 degrees awarded

The most common race/ethnicity at Hair Design Institute is white (14 degrees awarded). There were 1.75 times more white recipients than the next closest race/ethnicity group, black or african american (8 degrees).

3.33% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2018)
  1. White Female
    12 degrees awarded
  2. Black or African American Female
    8 degrees awarded
  3. Hispanic or Latino Female
    6 degrees awarded

The most common race/ethnicity and sex grouping at Hair Design Institute is white female (12 degrees awarded). There were 1.5 times more white female recipients than the next closest race/ethnicity group, black or african american female (8 degrees).

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Operations

Salary Expenditure

$686k
2017 Salaries
39.7%
growth from 2016

In 2017, Hair Design Institute paid a median of $686k in salaries, a 39.7% growth from the previous year.

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

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