Tri-County Beauty Academy

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2021 Average Net Price

$12,077

After Financial Aid

2019 Default Rate

13.8%

on Student Loans

2021 Enrolled Students

100% Full-Time

About

Tri-County Beauty Academy is a higher education institution located in Montgomery County, IL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Tri-County Beauty Academy were General Cosmetology (7 degrees awarded) and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2021, 2 degrees were awarded across all undergraduate and graduate programs at Tri-County Beauty Academy. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (8 degrees).

In 2019 the default rate for borrower's at Tri-County Beauty Academy was 13.8%, corresponding to 4 out of the 29 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 $12,077.

In 2021, 69% of undergraduate students attending Tri-County Beauty Academy received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Average Net Price

$12,077

2021 Value

28.9%

1 Year Growth

In 2021 Tri-County Beauty Academy had an average net price — the price paid after factoring in grants and loans — of $12,077. Between 2020 and 2021, the average net price of Tri-County Beauty Academy grew by 28.9%.

This chart compares the average net price of Tri-County 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

69%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Tri-County Beauty Academy received financial aid through grants or loans in 2021. This represents a growth of 38% with respect to 2020, when 50% of undergraduate students received financial aid.

This chart compares the average award discount at Tri-County 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.

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.

13.8%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Tri-County Beauty Academy was 13.8%, which represents 4 out of the 29 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

Tri-County Beauty Academy had a total enrollment of 9 students in 2021. The full-time enrollment at Tri-County Beauty Academy is 9 students and the part-time enrollment is 0. This means that 100% of students enrolled at Tri-County Beauty Academy are enrolled full-time.

The enrolled student population at Tri-County Beauty Academy, both undergraduate and graduate, is 100% White.

Students enrolled at Tri-County Beauty Academy in full-time Undergraduate programs are most commonly White Female (100%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Tri-County Beauty Academy in 2021, both undergraduate and graduate, is 9 students. The full-time enrollment at Tri-County Beauty Academy is 9 and the part-time enrollment is 0.

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

Retention Rate over Time

50%

2021 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 Tri-County Beauty Academy was 50%.

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

Enrollment by Race & Ethnicity

White

Most Common Race or Ethnicity (2021)

9 enrolled students

The enrolled student population at Tri-County Beauty Academy is 100% White. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2021, 2 more women than men received degrees from Tri-County Beauty Academy. The most common race/ethnicity group of degree recipients at Tri-County Beauty Academy is white (8 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Tri-County Beauty Academy is General Cosmetology (7 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2022, the most specialized majors across all degree types at Tri-County Beauty Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (8 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 Tri-County Beauty 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 Tri-County Beauty Academy in 2022 are Personal & Culinary Services (8 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 Tri-County Beauty Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Tri-County Beauty Academy are Personal & Culinary Services (8 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 Tri-County Beauty 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 Tri-County Beauty Academy are Personal & Culinary Services (8 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 Tri-County Beauty Academy.

Most Common (2022)

General Cosmetology
7 degrees awarded
Cosmetology, Barber, & Nail Instructor
1 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Tri-County Beauty Academy was General Cosmetology with 7 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 0 degrees were awarded to men at Tri-County Beauty Academy, which is 0 times less than the number of degrees awarded to females (2).

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

Most Common Female Majors

In 2022, 7 degrees were awarded to women at Tri-County Beauty Academy in General Cosmetology. There were no male recipients with the same degree.

Race & Ethnicity by Share

White

Most Common Student Race or Ethnicity (2022)

8 degrees awarded

The most common race/ethnicity at Tri-County Beauty Academy is white (8 degrees awarded).

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

Race & Ethnicity by Sex

White Female

Most Common Sex Demographic (2022)

8 degrees awarded

The most common race/ethnicity and sex grouping at Tri-County Beauty Academy is white female (8 degrees awarded).

Operations

Salary Expenditure

$45.2k

2021 Salaries

37.2%

decline from 2020

In 2021, Tri-County Beauty Academy paid a median of $45.2k in salaries, a 37.2% decline from the previous year. This is compared to a 15.7% growth between 2019 and 2020, and a 35% decline between 2018 and 2019.

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

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