Hair Expressions Academy

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2022 Average Net Price
$13,509
After Financial Aid
2019 Default Rate
5.77%
on Student Loans
2022 Enrolled Students
38
100% Full-Time

About

Hair Expressions Academy is a higher education institution located in Montgomery County, MD. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hair Expressions Academy were Other Cosmetology & Related Personal Grooming Arts (34 degrees awarded).

In 2022, 94 degrees were awarded across all undergraduate and graduate programs at Hair Expressions Academy. 97.9% of these degrees were awarded to women, and 2.13% awarded men. The most common race/ethnicity group of degree recipients was black or african american (47 degrees), 1.52 times more than then the next closest race/ethnicity group, white (31 degrees).

In 2019 the default rate for borrower's at Hair Expressions Academy was 5.77%, corresponding to 9 out of the 156 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $13,509.

In 2022, 81% of undergraduate students attending Hair Expressions Academy received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Average Net Price

$13,509
2022 Value
10%
1 Year Growth

In 2022 Hair Expressions Academy had an average net price — the price paid after factoring in grants and loans — of $13,509. Between 2021 and 2022, the average net price of Hair Expressions Academy grew by 10%.

This chart compares the average net price of Hair Expressions 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.

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Financial Aid by Income Level

81%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Hair Expressions Academy received financial aid through grants or loans in 2022. This represents a growth of 12.5% with respect to 2021, when 72% of undergraduate students received financial aid.

This chart compares the average award discount at Hair Expressions 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.

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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.
5.77%
2019 Default Rate
9
Number of Defaults

In 2019 the default rate for borrower's at Hair Expressions Academy was 5.77%, which represents 9 out of the 156 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 Expressions Academy had a total enrollment of 38 students in 2022. The full-time enrollment at Hair Expressions Academy is 38 students and the part-time enrollment is 0. This means that 100% of students enrolled at Hair Expressions Academy are enrolled full-time.

The enrolled student population at Hair Expressions Academy, both undergraduate and graduate, is 42.1% Hispanic or Latino, 28.9% White, 15.8% Asian, and 7.89% Black or African American.

Students enrolled at Hair Expressions Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (36.8%), followed by White Female (28.9%) and Asian Female (13.2%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Hair Expressions Academy in 2022, both undergraduate and graduate, is 38 students. The full-time enrollment at Hair Expressions Academy is 38 and the part-time enrollment is 0.

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

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Retention Rate over Time

92%
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 Hair Expressions Academy was 92%.

This chart shows the retention rate over time at Hair Expressions Academy (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
    16 enrolled students
  2. White
    11 enrolled students
  3. Asian
    6 enrolled students

The enrolled student population at Hair Expressions Academy is 42.1% Hispanic or Latino, 28.9% White, 15.8% Asian, and 7.89% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 90 more women than men received degrees from Hair Expressions Academy. The most common race/ethnicity group of degree recipients at Hair Expressions Academy is black or african american (47 degrees awarded). There were 1.52 times more black or african american recipients than the next closest race/ethnicity group, white (31 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hair Expressions Academy is Other Cosmetology & Related Personal Grooming Arts (34 degrees awarded).

In 2022,  the most specialized majors across all degree types at Hair Expressions Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (94 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 Hair Expressions 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 Hair Expressions Academy in 2022 are Personal & Culinary Services (94 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 Hair Expressions Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Hair Expressions Academy are Personal & Culinary Services (94 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 Hair Expressions 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 Hair Expressions Academy are Personal & Culinary Services (94 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 Hair Expressions Academy.
Most Common (2022)
34 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Hair Expressions Academy was Other Cosmetology & Related Personal Grooming Arts with 34 degrees awarded.

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

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Sex Breakdown for Common Majors

2
Degrees Awarded to Men
in 2022
92
Degrees Awarded to Women
in 2022

In 2022, 2 degrees were awarded to men at Hair Expressions Academy, which is 0.0217 times less than the number of degrees awarded to females (92).

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

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Most Common Male Majors

In 2022, 1 degrees were awarded to men at Hair Expressions Academy in Aesthetician & Skin Care Specialist, which is 0.0169 times less than the 59 female recipients with that same degree.

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Most Common Female Majors

In 2022, 59 degrees were awarded to men at Hair Expressions Academy in Aesthetician & Skin Care Specialist, which is 59 times more than the 1 male recipients with that same degree.

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Time to Complete

20%
100% Completion Time
75%
150% Completion Time

In 2022, 20% of students graduating from Hair Expressions Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 75% 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. Black or African American
    47 degrees awarded
  2. White
    31 degrees awarded
  3. Hispanic or Latino
    16 degrees awarded

The most common race/ethnicity at Hair Expressions Academy is black or african american (47 degrees awarded). There were 1.52 times more black or african american recipients than the next closest race/ethnicity group, white (31 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    46 degrees awarded
  2. White Female
    31 degrees awarded
  3. Hispanic or Latino Female
    15 degrees awarded

The most common race/ethnicity and sex grouping at Hair Expressions Academy is black or african american female (46 degrees awarded). There were 1.48 times more black or african american female recipients than the next closest race/ethnicity group, white female (31 degrees).

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Operations

Salary Expenditure

$234k
2022 Salaries
11.4%
decline from 2021

In 2022, Hair Expressions Academy paid a median of $234k in salaries, a 11.4% decline from the previous year. This is compared to a 60.3% decline between 2020 and 2021, and a 6.18% growth between 2019 and 2020.

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

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