Morgantown Beauty College Inc

www.morgantownbeautycollege.edu

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2022 Average Net Price

$11,181

After Financial Aid

2019 Default Rate

1.39%

on Student Loans

2022 Enrolled Students

100% Full-Time

2022 Graduation Rate

73.8%

31 Graduates

About

Morgantown Beauty College Inc is a higher education institution located in Monongalia County, WV. In 2022, the most popular 2 to 4 Year Postsecondary Certificate concentrations at Morgantown Beauty College Inc were General Cosmetology (24 degrees awarded).

In 2022, 72 degrees were awarded across all undergraduate and graduate programs at Morgantown Beauty College Inc. 97.2% of these degrees were awarded to women, and 2.78% awarded men. The most common race/ethnicity group of degree recipients was white (61 degrees), 30.5 times more than then the next closest race/ethnicity group, asian (2 degrees).

In 2019 the default rate for borrower's at Morgantown Beauty College Inc was 1.39%, corresponding to 1 out of the 72 total borrowers.

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 $11,181.

In 2022, 48% of undergraduate students attending Morgantown Beauty College Inc received financial aid through grants. Comparatively, 56% of undergraduate students received financial aid through loans.

Average Net Price

$11,181

2022 Value

15.1%

1 Year Growth

In 2022 Morgantown Beauty College Inc had an average net price — the price paid after factoring in grants and loans — of $11,181. Between 2021 and 2022, the average net price of Morgantown Beauty College Inc grew by 15.1%.

This chart compares the average net price of Morgantown Beauty College Inc (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

48%

Undergraduates Receiving Financial Aid through Grants

56%

Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Morgantown Beauty College Inc received financial aid through grants or loans in 2022. This represents a decline of 5.88% with respect to 2021, when 51% of undergraduate students received financial aid.

This chart compares the average award discount at Morgantown Beauty College Inc (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.

1.39%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Morgantown Beauty College Inc was 1.39%, which represents 1 out of the 72 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

Morgantown Beauty College Inc had a total enrollment of 79 students in 2022. The full-time enrollment at Morgantown Beauty College Inc is 79 students and the part-time enrollment is 0. This means that 100% of students enrolled at Morgantown Beauty College Inc are enrolled full-time.

The enrolled student population at Morgantown Beauty College Inc, both undergraduate and graduate, is 92.4% White, 5.06% Two or More Races, and 2.53% Black or African American.

Students enrolled at Morgantown Beauty College Inc in full-time Undergraduate programs are most commonly White Female (91.1%), followed by Two or More Races Female (5.06%) and Black or African American Female (2.53%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Morgantown Beauty College Inc in 2022, both undergraduate and graduate, is 79 students. The full-time enrollment at Morgantown Beauty College Inc is 79 and the part-time enrollment is 0.

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

Retention Rate over Time

85%

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 Morgantown Beauty College Inc was 85%.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
73 enrolled students
Two or More Races
4 enrolled students
Black or African American
2 enrolled students

The enrolled student population at Morgantown Beauty College Inc is 92.4% White, 5.06% Two or More Races, and 2.53% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 68 more women than men received degrees from Morgantown Beauty College Inc. The most common race/ethnicity group of degree recipients at Morgantown Beauty College Inc is white (61 degrees awarded). There were 30.5 times more white recipients than the next closest race/ethnicity group, asian (2 degrees).

The most common 2 to 4 Year Postsecondary Certificate concentration at Morgantown Beauty College Inc is General Cosmetology (24 degrees awarded).

In 2022, the most specialized majors across all degree types at Morgantown Beauty College Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (71 degrees awarded) and Health (1 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 Morgantown Beauty College Inc are Registered nurses (1,394,973 people), Medical & health services managers (151,169 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,616 people).

The most specialized majors at Morgantown Beauty College Inc in 2022 are Personal & Culinary Services (71 degrees awarded) and Health (1 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Morgantown Beauty College Inc are Surgeons, Chief executives & legislators, Physicians, Lawyers, & judges, magistrates, & other judicial workers, and Podiatrists

The most specialized majors at Morgantown Beauty College Inc are Personal & Culinary Services (71 degrees awarded) and Health (1 degrees) (as of 2022).

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 Morgantown Beauty College Inc are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,483,204 people), Outpatient care centers (237,738 people), Elementary & secondary schools (217,353 people), Offices of physicians (202,325 people), and Colleges, universities & professional schools, including junior colleges (130,917 people).

The most specialized majors at Morgantown Beauty College Inc are Personal & Culinary Services (71 degrees awarded) and Health (1 degrees) (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 Morgantown Beauty College Inc.

General Cosmetology

Most Common (2022)

24 degrees awarded

In 2022, the most common 2 to 4 year postsecondary certificate concentration at Morgantown Beauty College Inc was General Cosmetology with 24 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 2 to 4 year postsecondary certificate programs at Morgantown Beauty College Inc according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

Degrees Awarded to Women

in 2022

In 2022, 2 degrees were awarded to men at Morgantown Beauty College Inc, which is 0.0286 times less than the number of degrees awarded to females (70).

This chart displays the sex disparity between the top 5 majors at Morgantown Beauty College Inc by degrees awarded.

Most Common Male Majors

In 2022, 1 degrees were awarded to men at Morgantown Beauty College Inc in General Cosmetology, which is 0.0435 times less than the 23 female recipients with that same degree.

Most Common Female Majors

In 2022, 38 degrees were awarded to women at Morgantown Beauty College Inc in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

Time to Complete

100% Completion Time

70%

150% Completion Time

In 2022, 3% of students graduating from Morgantown Beauty College Inc completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 73% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (78.9%)

The student demographic with the highest graduation rate in 2022 at Morgantown Beauty College Inc is Female and White (78.9% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
61 degrees awarded
Asian
2 degrees awarded
Black or African American
2 degrees awarded

The most common race/ethnicity at Morgantown Beauty College Inc is white (61 degrees awarded). There were 30.5 times more white recipients than the next closest race/ethnicity group, asian (2 degrees).

4.17% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
61 degrees awarded
Black or African American Female
2 degrees awarded
Hispanic or Latino Female
2 degrees awarded

The most common race/ethnicity and sex grouping at Morgantown Beauty College Inc is white female (61 degrees awarded). There were 30.5 times more white female recipients than the next closest race/ethnicity group, black or african american female (2 degrees).

Operations

Salary Expenditure

$575k

2022 Salaries

21.6%

growth from 2021

In 2022, Morgantown Beauty College Inc paid a median of $575k in salaries, a 21.6% growth from the previous year. This is compared to a 20.2% growth between 2020 and 2021, and a 25.3% decline between 2019 and 2020.

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

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