Aspen Beauty Academy of Laurel

www.aspenlaurel.edu/

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2021 Average Net Price

$9,731

After Financial Aid

2019 Student Loan

5.71%

Default Rate

2021 Enrolled Students

100

74% Full-Time

About

Aspen Beauty Academy of Laurel is a higher education institution located in Anne Arundel County, MD. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Aspen Beauty Academy of Laurel were General Cosmetology (31 degrees awarded).

In 2021, 31 degrees were awarded across all undergraduate and graduate programs at Aspen Beauty Academy of Laurel. 93.5% of these degrees were awarded to women, and 6.45% awarded men. The most common race/ethnicity group of degree recipients was black or african american (17 degrees), 1.55 times more than then the next closest race/ethnicity group, hispanic or latino (11 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 $9,731.

In 2021, 56% of undergraduate students attending Aspen Beauty Academy of Laurel received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Average Net Price

$9,731

2021 Value

0.664%

1 Year Growth

In 2021 Aspen Beauty Academy of Laurel had an average net price — the price paid after factoring in grants and loans — of $9,731. Between 2020 and 2021, the average net price of Aspen Beauty Academy of Laurel grew by 0.664%.

This chart compares the average net price of Aspen Beauty Academy of Laurel (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

56%

Undergraduates Receiving Financial Aid through Grants

58%

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Aspen Beauty Academy of Laurel received financial aid through grants or loans in 2021. This represents a decline of 3.45% with respect to 2020, when 58% of undergraduate students received financial aid.

This chart compares the average award discount at Aspen Beauty Academy of Laurel (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.

5.71%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Aspen Beauty Academy of Laurel was 5.71%, which represents 2 out of the 35 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

Aspen Beauty Academy of Laurel had a total enrollment of 100 students in 2021. The full-time enrollment at Aspen Beauty Academy of Laurel is 74 students and the part-time enrollment is 26. This means that 74% of students enrolled at Aspen Beauty Academy of Laurel are enrolled full-time.

The enrolled student population at Aspen Beauty Academy of Laurel, both undergraduate and graduate, is 77% Black or African American, 8% Hispanic or Latino, 8% White, 3% Two or More Races, and 2% Asian.

Students enrolled at Aspen Beauty Academy of Laurel in full-time Undergraduate programs are most commonly Black or African American Female (71.6%), followed by Hispanic or Latino Female (9.46%) and White Female (8.11%).

Full-Time vs Part-Time Enrollment

74%

Full-Time Enrollment

The total enrollment at Aspen Beauty Academy of Laurel in 2021, both undergraduate and graduate, is 100 students. The full-time enrollment at Aspen Beauty Academy of Laurel is 74 and the part-time enrollment is 26.

This chart shows the full-time vs part-time enrollment status at Aspen Beauty Academy of Laurel (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 Aspen Beauty Academy of Laurel was 50%. Compared with the full-time retention rate at similar (77%), Aspen Beauty Academy of Laurel had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
77 enrolled students
Hispanic or Latino
8 enrolled students
White
8 enrolled students

The enrolled student population at Aspen Beauty Academy of Laurel is 77% Black or African American, 8% Hispanic or Latino, 8% White, 3% Two or More Races, and 2% 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.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2021, 27 more women than men received degrees from Aspen Beauty Academy of Laurel. The most common race/ethnicity group of degree recipients at Aspen Beauty Academy of Laurel is black or african american (17 degrees awarded). There were 1.55 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (11 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Aspen Beauty Academy of Laurel is General Cosmetology (31 degrees awarded).

In 2021, the most specialized majors across all degree types at Aspen Beauty Academy of Laurel, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (31 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 Aspen Beauty Academy of Laurel 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 Aspen Beauty Academy of Laurel in 2021 are Personal & Culinary Services (31 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 Aspen Beauty Academy of Laurel are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Aspen Beauty Academy of Laurel are Personal & Culinary Services (31 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 Aspen Beauty Academy of Laurel 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 Aspen Beauty Academy of Laurel are Personal & Culinary Services (31 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 Aspen Beauty Academy of Laurel.

General Cosmetology

Most Common (2021)

31 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Aspen Beauty Academy of Laurel was General Cosmetology with 31 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Aspen Beauty Academy of Laurel 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 Aspen Beauty Academy of Laurel, which is 0.069 times less than the number of degrees awarded to females (29).

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

Most Common Male Majors

In 2021, 2 degrees were awarded to men at Aspen Beauty Academy of Laurel in General Cosmetology, which is 0.069 times less than the 29 female recipients with that same degree.

Most Common Female Majors

In 2021, 29 degrees were awarded to men at Aspen Beauty Academy of Laurel in General Cosmetology, which is 14.5 times more than the 2 male recipients with that same degree.

Time to Complete

100% Completion Time

42%

150% Completion Time

In 2021, 0% of students graduating from Aspen Beauty Academy of Laurel completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 42% 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)

Black or African American
17 degrees awarded
Hispanic or Latino
11 degrees awarded
White
2 degrees awarded

The most common race/ethnicity at Aspen Beauty Academy of Laurel is black or african american (17 degrees awarded). There were 1.55 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (11 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Female
16 degrees awarded
Hispanic or Latino Female
10 degrees awarded
White Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Aspen Beauty Academy of Laurel is black or african american female (16 degrees awarded). There were 1.6 times more black or african american female recipients than the next closest race/ethnicity group, hispanic or latino female (10 degrees).