Cosmo Beauty Academy

www.cosmobeautyacademy.edu

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2019 Default Rate

on Student Loans

2022 Enrolled Students

114

76.3% Full-Time

About

Cosmo Beauty Academy is a higher education institution located in Sacramento County, CA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Cosmo Beauty Academy were General Cosmetology (8 degrees awarded).

In 2021, 128 degrees were awarded across all undergraduate and graduate programs at Cosmo Beauty Academy. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (51 degrees), 1.76 times more than then the next closest race/ethnicity group, white (29 degrees).

In 2019 the default rate for borrower's at Cosmo Beauty Academy was 5%, corresponding to 2 out of the 40 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

In 2022, 18% of undergraduate students attending Cosmo Beauty Academy received financial aid through grants. Comparatively, 9% of undergraduate students received financial aid through loans.

Average Net Price

100%

1 Year Growth

This chart compares the average net price of Cosmo 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

18%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

18% of undergraduate students at Cosmo Beauty Academy received financial aid through grants or loans in 2022. This represents a decline of 47.1% with respect to 2021, when 34% of undergraduate students received financial aid.

This chart compares the average award discount at Cosmo 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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Cosmo Beauty Academy was 5%, which represents 2 out of the 40 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

Cosmo Beauty Academy had a total enrollment of 114 students in 2022. The full-time enrollment at Cosmo Beauty Academy is 87 students and the part-time enrollment is 27. This means that 76.3% of students enrolled at Cosmo Beauty Academy are enrolled full-time.

The enrolled student population at Cosmo Beauty Academy, both undergraduate and graduate, is 40.4% Hispanic or Latino, 21.9% Black or African American, 14.9% White, 7.02% Two or More Races, 4.39% American Indian or Alaska Native, 2.63% Asian, and 0.877% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Cosmo Beauty Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (41.4%), followed by Black or African American Female (24.1%) and White Female (14.9%).

Full-Time vs Part-Time Enrollment

76.3%

Full-Time Enrollment

The total enrollment at Cosmo Beauty Academy in 2022, both undergraduate and graduate, is 114 students. The full-time enrollment at Cosmo Beauty Academy is 87 and the part-time enrollment is 27.

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

Retention Rate over Time

23%

2022 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 Cosmo Beauty Academy was 23%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

Hispanic or Latino
46 enrolled students
Black or African American
25 enrolled students
White
17 enrolled students

The enrolled student population at Cosmo Beauty Academy is 40.4% Hispanic or Latino, 21.9% Black or African American, 14.9% White, 7.02% Two or More Races, 4.39% American Indian or Alaska Native, 2.63% Asian, and 0.877% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates.

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, 128 more women than men received degrees from Cosmo Beauty Academy. The most common race/ethnicity group of degree recipients at Cosmo Beauty Academy is hispanic or latino (51 degrees awarded). There were 1.76 times more hispanic or latino recipients than the next closest race/ethnicity group, white (29 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Cosmo Beauty Academy is General Cosmetology (8 degrees awarded).

In 2022, the most specialized majors across all degree types at Cosmo Beauty Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (122 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 Cosmo Beauty Academy are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Cosmo Beauty Academy in 2022 are Personal & Culinary Services (122 degrees awarded) (as of 2022).

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 Cosmo Beauty Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Cosmo Beauty Academy are Personal & Culinary Services (122 degrees awarded) (as of 2022).

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 Cosmo Beauty Academy are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Cosmo Beauty Academy are Personal & Culinary Services (122 degrees awarded) (as of 2022).

Majors Awarded

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

General Cosmetology

Most Common (2022)

8 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Cosmo Beauty Academy was General Cosmetology with 8 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Cosmo Beauty Academy according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

128

Degrees Awarded to Women

in 2021

In 2021, 0 degrees were awarded to men at Cosmo Beauty Academy, which is 0 times less than the number of degrees awarded to females (128).

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

Most Common Female Majors

In 2022, 96 degrees were awarded to women at Cosmo Beauty Academy in Nail Specialist & Manicurist. There were no male recipients with the same degree.

Time to Complete

50%

100% Completion Time

92%

150% Completion Time

In 2022, 50% of students graduating from Cosmo Beauty Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 92% completed their degrees within 150% of the normal time, and 92% 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 (2022)

Hispanic or Latino
51 degrees awarded
White
29 degrees awarded
Black or African American
16 degrees awarded

The most common race/ethnicity at Cosmo Beauty Academy is hispanic or latino (51 degrees awarded). There were 1.76 times more hispanic or latino recipients than the next closest race/ethnicity group, white (29 degrees).

2.46% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

Hispanic or Latino Female
51 degrees awarded
White Female
29 degrees awarded
Black or African American Female
16 degrees awarded

The most common race/ethnicity and sex grouping at Cosmo Beauty Academy is hispanic or latino female (51 degrees awarded). There were 1.76 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (29 degrees).

Operations

Salary Expenditure

$105k

2022 Salaries

63.3%

decline from 2021

In 2022, Cosmo Beauty Academy paid a median of $105k in salaries, a 63.3% decline from the previous year. This is compared to a 8.68% decline between 2020 and 2021, and a 24.9% growth between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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