Modern Hairstyling Institute-Bayamon

www.modern.edu/

Add Comparison

2021 Average Net Price

$4,509

After Financial Aid

2019 Student Loan

4.56%

Default Rate

2021 Acceptance Rate

89.1%

165 Applicants

2021 Enrolled Students

138

79% Full-Time

About

Modern Hairstyling Institute-Bayamon is a higher education institution located in Bayamón Municipio, PR. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Modern Hairstyling Institute-Bayamon were General Cosmetology (108 degrees awarded), Barbering (73 degrees), and Make-Up Artist (24 degrees).

In 2021, 254 degrees were awarded across all undergraduate and graduate programs at Modern Hairstyling Institute-Bayamon. 71.3% of these degrees were awarded to women, and 28.7% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (254 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 $4,509.

In 2021, 96% of undergraduate students attending Modern Hairstyling Institute-Bayamon received financial aid through grants.

Average Net Price

$4,509

2021 Value

6.1%

1 Year Growth

In 2021 Modern Hairstyling Institute-Bayamon had an average net price — the price paid after factoring in grants and loans — of $4,509. Between 2020 and 2021, the average net price of Modern Hairstyling Institute-Bayamon grew by 6.1%.

This chart compares the average net price of Modern Hairstyling Institute-Bayamon (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

96%

Undergraduates Receiving Financial Aid through Grants

96% of undergraduate students at Modern Hairstyling Institute-Bayamon received financial aid through grants or loans in 2021. This represents a growth of 4.35% with respect to 2020, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Modern Hairstyling Institute-Bayamon (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 Modern Hairstyling Institute-Bayamon 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.

Admissions

Modern Hairstyling Institute-Bayamon received 165 undergraduate applications in 2021, which represents a 17.5% annual growth. Out of those 165 applicants, 147 students were accepted for enrollment, representing a 89.1% acceptance rate.

There were 138 students enrolled at Modern Hairstyling Institute-Bayamon in 2021.

Modern Hairstyling Institute-Bayamon has an overall enrollment yield of 93.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.1%

Acceptance Rate in 2021

147

Accepted Out of 165

In 2021, the undergraduate acceptance rate of Modern Hairstyling Institute-Bayamon was 89.1% (147 admissions from 165 applications). This is higher than the acceptance rate of 2020, which was 82.5%. Between 2020 and 2021, the number of applicants grew by 17.5%, while admissions declined by −10.9%..

This chart compares the acceptance rate of Modern Hairstyling Institute-Bayamon (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Modern Hairstyling Institute-Bayamon had a total enrollment of 138 students in 2021. The full-time enrollment at Modern Hairstyling Institute-Bayamon is 109 students and the part-time enrollment is 29. This means that 79% of students enrolled at Modern Hairstyling Institute-Bayamon are enrolled full-time.

The enrolled student population at Modern Hairstyling Institute-Bayamon, both undergraduate and graduate, is 100% Hispanic or Latino.

Students enrolled at Modern Hairstyling Institute-Bayamon in full-time Undergraduate programs are most commonly Hispanic or Latino Female (71.6%), followed by Hispanic or Latino Male (28.4%).

Full-Time vs Part-Time Enrollment

79%

Full-Time Enrollment

The total enrollment at Modern Hairstyling Institute-Bayamon in 2021, both undergraduate and graduate, is 138 students. The full-time enrollment at Modern Hairstyling Institute-Bayamon is 109 and the part-time enrollment is 29.

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

Retention Rate over Time

90%

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 Modern Hairstyling Institute-Bayamon was 90%. Compared with the full-time retention rate at similar (77%), Modern Hairstyling Institute-Bayamon had a retention rate higher than its peers.

This chart shows the retention rate over time at Modern Hairstyling Institute-Bayamon (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Hispanic or Latino

Most Common Race or Ethnicity (2021)

138 enrolled students

The enrolled student population at Modern Hairstyling Institute-Bayamon is 100% 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 2021, 108 more women than men received degrees from Modern Hairstyling Institute-Bayamon. The most common race/ethnicity group of degree recipients at Modern Hairstyling Institute-Bayamon is hispanic or latino (254 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Modern Hairstyling Institute-Bayamon is General Cosmetology (108 degrees awarded), followed by Barbering (73 degrees) and Make-Up Artist (24 degrees).

In 2021, the most specialized majors across all degree types at Modern Hairstyling Institute-Bayamon, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (254 degrees awarded) and Health (0 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Modern Hairstyling Institute-Bayamon are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Modern Hairstyling Institute-Bayamon in 2021 are Personal & Culinary Services (254 degrees awarded) and Health (0 degrees) (as of 2021).

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 Modern Hairstyling Institute-Bayamon are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Modern Hairstyling Institute-Bayamon are Personal & Culinary Services (254 degrees awarded) and Health (0 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Modern Hairstyling Institute-Bayamon are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

The most specialized majors at Modern Hairstyling Institute-Bayamon are Personal & Culinary Services (254 degrees awarded) and Health (0 degrees) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Modern Hairstyling Institute-Bayamon.

Most Common (2021)

General Cosmetology
108 degree-majors awarded
Barbering
73 degree-majors awarded
Make-Up Artist
24 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Modern Hairstyling Institute-Bayamon was General Cosmetology with 108 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

181

Degrees Awarded to Women

in 2021

In 2021, 73 degrees were awarded to men at Modern Hairstyling Institute-Bayamon, which is 0.403 times less than the number of degrees awarded to females (181).

This chart displays the sex disparity between the top 5 majors at Modern Hairstyling Institute-Bayamon by degrees awarded.

Most Common Male Majors

In 2021, 62 degrees were awarded to men at Modern Hairstyling Institute-Bayamon in Barbering, which is 5.64 times more than the 11 female recipients with that same degree.

Most Common Female Majors

In 2021, 102 degrees were awarded to men at Modern Hairstyling Institute-Bayamon in General Cosmetology, which is 17 times more than the 6 male recipients with that same degree.

Time to Complete

36%

100% Completion Time

74%

150% Completion Time

In 2021, 36% of students graduating from Modern Hairstyling Institute-Bayamon completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% 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

Hispanic or Latino

Most Common Student Race or Ethnicity (2021)

254 degrees awarded

The most common race/ethnicity at Modern Hairstyling Institute-Bayamon is hispanic or latino (254 degrees awarded).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Hispanic or Latino Female
181 degrees awarded
Hispanic or Latino Male
73 degrees awarded

The most common race/ethnicity and sex grouping at Modern Hairstyling Institute-Bayamon is hispanic or latino female (181 degrees awarded). There were 2.48 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (73 degrees).