Kor Beauty Academy

korbeautyacademy.org/

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2021 Average Net Price

$11,693

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Enrolled Students

32.8% Full-Time

About

Kor Beauty Academy is a higher education institution located in Maricopa County, AZ. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Kor Beauty Academy were General Cosmetology (16 degrees awarded).

In 2021, 16 degrees were awarded across all undergraduate and graduate programs at Kor Beauty Academy. 87.5% of these degrees were awarded to women, and 12.5% awarded men. The most common race/ethnicity group of degree recipients was white (9 degrees), 1.8 times more than then the next closest race/ethnicity group, hispanic or latino (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 $11,693.

In 2021, 75% of undergraduate students attending Kor Beauty Academy received financial aid through grants. Comparatively, 82% of undergraduate students received financial aid through loans.

Average Net Price

$11,693

2021 Value

46.9%

1 Year Growth

In 2021 Kor Beauty Academy had an average net price — the price paid after factoring in grants and loans — of $11,693. Between 2020 and 2021, the average net price of Kor Beauty Academy grew by 46.9%.

This chart compares the average net price of Kor 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

75%

Undergraduates Receiving Financial Aid through Grants

82%

Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at Kor Beauty Academy received financial aid through grants or loans in 2021. This represents a decline of 25% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Kor 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.

4.56%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Kor Beauty Academy 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

Kor Beauty Academy had a total enrollment of 58 students in 2021. The full-time enrollment at Kor Beauty Academy is 19 students and the part-time enrollment is 39. This means that 32.8% of students enrolled at Kor Beauty Academy are enrolled full-time.

The enrolled student population at Kor Beauty Academy, both undergraduate and graduate, is 44.8% Hispanic or Latino, 27.6% White, 19% Black or African American, and 8.62% Asian.

Students enrolled at Kor Beauty Academy in full-time Undergraduate programs are most commonly Black or African American Female (31.6%), followed by Hispanic or Latino Female (26.3%) and Asian Female (15.8%).

Full-Time vs Part-Time Enrollment

32.8%

Full-Time Enrollment

The total enrollment at Kor Beauty Academy in 2021, both undergraduate and graduate, is 58 students. The full-time enrollment at Kor Beauty Academy is 19 and the part-time enrollment is 39.

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

Retention Rate over Time

100%

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 Kor Beauty Academy was 100%. Compared with the full-time retention rate at similar (77%), Kor Beauty Academy had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
26 enrolled students
White
16 enrolled students
Black or African American
11 enrolled students

The enrolled student population at Kor Beauty Academy is 44.8% Hispanic or Latino, 27.6% White, 19% Black or African American, and 8.62% Asian. 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 2021, 12 more women than men received degrees from Kor Beauty Academy. The most common race/ethnicity group of degree recipients at Kor Beauty Academy is white (9 degrees awarded). There were 1.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Kor Beauty Academy is General Cosmetology (16 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 Kor Beauty Academy are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

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 Kor Beauty Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

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 Kor Beauty Academy are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Kor Beauty Academy.

General Cosmetology

Most Common (2021)

16 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Kor Beauty Academy was General Cosmetology with 16 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Kor 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, 2 degrees were awarded to men at Kor Beauty Academy, which is 0.143 times less than the number of degrees awarded to females (14).

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

Most Common Male Majors

In 2021, 2 degrees were awarded to men at Kor Beauty Academy in General Cosmetology, which is 0.143 times less than the 14 female recipients with that same degree.

Most Common Female Majors

In 2021, 14 degrees were awarded to men at Kor Beauty Academy in General Cosmetology, which is 7 times more than the 2 male recipients with that same degree.

Time to Complete

100%

100% Completion Time

100%

150% Completion Time

In 2021, 100% of students graduating from Kor Beauty Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 100% completed their degrees within 150% of the normal time, and 100% 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 (2021)

White
9 degrees awarded
Hispanic or Latino
5 degrees awarded
Asian
1 degrees awarded

The most common race/ethnicity at Kor Beauty Academy is white (9 degrees awarded). There were 1.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (5 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
9 degrees awarded
Hispanic or Latino Female
4 degrees awarded
Asian Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Kor Beauty Academy is white female (9 degrees awarded). There were 2.25 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (4 degrees).