Tri-County Beauty Academy

tcbacademy.net/

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2021 Average Net Price

$12,077

After Financial Aid

2019 Student Loan

13.8%

Default Rate

2021 Enrolled Students

100% Full-Time

About

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

In 2020, 7 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 (2 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 $12,077.

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%. Compared with the full-time retention rate at similar (77%), Tri-County Beauty Academy had a retention rate lower than its peers.

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. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2020, 7 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 (2 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Tri-County Beauty Academy is General Cosmetology (2 degrees awarded).

In 2021, 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 (2 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 (8,549 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).

The most specialized majors at Tri-County Beauty Academy in 2021 are Personal & Culinary Services (2 degrees awarded) (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 Tri-County Beauty Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Tri-County Beauty Academy are Personal & Culinary Services (2 degrees awarded) (as of 2021).

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 (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).

The most specialized majors at Tri-County Beauty Academy are Personal & Culinary Services (2 degrees awarded) (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 Tri-County Beauty Academy.

General Cosmetology

Most Common (2021)

2 degrees awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Tri-County Beauty Academy was General Cosmetology with 2 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 2020

Degrees Awarded to Women

in 2020

In 2020, 0 degrees were awarded to men at Tri-County Beauty Academy, which is 0 times less than the number of degrees awarded to females (7).

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

Most Common Female Majors

In 2021, 2 degrees were awarded to women at Tri-County Beauty Academy in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

57%

100% Completion Time

57%

150% Completion Time

In 2021, 57% of students graduating from Tri-County Beauty Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 57% 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.