Cosmotech School of Cosmetology

www.cosmotechschool.com

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2016 Average Net Price

$12,231

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2016 Enrolled Students

100% Full-Time

About

Cosmotech School of Cosmetology is a higher education institution located in Cumberland County, ME. In 2016, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Cosmotech School of Cosmetology were General Cosmetology (41 degrees awarded).

In 2016, 50 degrees were awarded across all undergraduate and graduate programs at Cosmotech School of Cosmetology. 94% of these degrees were awarded to women, and 6% awarded men. The most common race/ethnicity group of degree recipients was white (41 degrees), 8.2 times more than then the next closest race/ethnicity group, asian (5 degrees).

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 $12,231.

In 2016, 58% of undergraduate students attending Cosmotech School of Cosmetology received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Average Net Price

$12,231

2016 Value

6.58%

1 Year Growth

In 2016 Cosmotech School of Cosmetology had an average net price — the price paid after factoring in grants and loans — of $12,231. Between 2015 and 2016, the average net price of Cosmotech School of Cosmetology grew by 6.58%.

This chart compares the average net price of Cosmotech School of Cosmetology (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

58%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Cosmotech School of Cosmetology received financial aid through grants or loans in 2016. This represents a decline of 29.3% with respect to 2015, when 82% of undergraduate students received financial aid.

This chart compares the average award discount at Cosmotech School of Cosmetology (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.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cosmotech School of Cosmetology was 4.56%, which represents 86 out of the 1884 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

Cosmotech School of Cosmetology had a total enrollment of 32 students in 2016. The full-time enrollment at Cosmotech School of Cosmetology is 32 students and the part-time enrollment is 0. This means that 100% of students enrolled at Cosmotech School of Cosmetology are enrolled full-time.

The enrolled student population at Cosmotech School of Cosmetology, both undergraduate and graduate, is 81.3% White, 6.25% Asian, 6.25% Black or African American, and 6.25% Hispanic or Latino.

Students enrolled at Cosmotech School of Cosmetology in full-time Undergraduate programs are most commonly White Female (75%), followed by Black or African American Female (6.25%) and Hispanic or Latino Female (6.25%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Cosmotech School of Cosmetology in 2016, both undergraduate and graduate, is 32 students. The full-time enrollment at Cosmotech School of Cosmetology is 32 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Cosmotech School of Cosmetology (in red) compares to similar universities.

Retention Rate over Time

79%

2016 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 Cosmotech School of Cosmetology was 79%. Compared with the full-time retention rate at similar (77%), Cosmotech School of Cosmetology had a retention rate higher than its peers.

This chart shows the retention rate over time at Cosmotech School of Cosmetology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2016)

White
26 enrolled students
Asian
2 enrolled students
Black or African American
2 enrolled students

The enrolled student population at Cosmotech School of Cosmetology is 81.3% White, 6.25% Asian, 6.25% Black or African American, and 6.25% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2016, 44 more women than men received degrees from Cosmotech School of Cosmetology. The most common race/ethnicity group of degree recipients at Cosmotech School of Cosmetology is white (41 degrees awarded). There were 8.2 times more white recipients than the next closest race/ethnicity group, asian (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Cosmotech School of Cosmetology is General Cosmetology (41 degrees awarded).

In 2016, the most specialized majors across all degree types at Cosmotech School of Cosmetology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (50 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cosmotech School of Cosmetology are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

The most specialized majors at Cosmotech School of Cosmetology in 2016 are Personal & Culinary Services (50 degrees awarded) (as of 2016).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Cosmotech School of Cosmetology are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

The most specialized majors at Cosmotech School of Cosmetology are Personal & Culinary Services (50 degrees awarded) (as of 2016).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Cosmotech School of Cosmetology are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

The most specialized majors at Cosmotech School of Cosmetology are Personal & Culinary Services (50 degrees awarded) (as of 2016).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Cosmotech School of Cosmetology.

General Cosmetology

Most Common (2016)

41 degrees awarded

In 2016, the most common 1 to 2 year postsecondary certificate concentration at Cosmotech School of Cosmetology was General Cosmetology with 41 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2016

Degrees Awarded to Women

in 2016

In 2016, 3 degrees were awarded to men at Cosmotech School of Cosmetology, which is 0.0638 times less than the number of degrees awarded to females (47).

This chart displays the sex disparity between the top 5 majors at Cosmotech School of Cosmetology by degrees awarded.

Most Common Male Majors

In 2016, 2 degrees were awarded to men at Cosmotech School of Cosmetology in General Cosmetology, which is 0.0513 times less than the 39 female recipients with that same degree.

Most Common Female Majors

In 2016, 39 degrees were awarded to men at Cosmotech School of Cosmetology in General Cosmetology, which is 19.5 times more than the 2 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2016)

White
41 degrees awarded
Asian
5 degrees awarded
Black or African American
2 degrees awarded

The most common race/ethnicity at Cosmotech School of Cosmetology is white (41 degrees awarded). There were 8.2 times more white recipients than the next closest race/ethnicity group, asian (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2016)

White Female
39 degrees awarded
Asian Female
4 degrees awarded
Black or African American Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Cosmotech School of Cosmetology is white female (39 degrees awarded). There were 9.75 times more white female recipients than the next closest race/ethnicity group, asian female (4 degrees).

Operations

Salary Expenditure

$189k

2016 Salaries

5.61%

growth from 2015

In 2016, Cosmotech School of Cosmetology paid a median of $189k in salaries, a 5.61% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

Cosmotech School of Cosmetology

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