Ravenscroft Beauty College

ravenscroftcollege.com

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2019 Default Rate
0.82%
on Student Loans
2022 Enrolled Students
119
51.3% Full-Time

About

Ravenscroft Beauty College is a higher education institution located in Allen County, IN. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Ravenscroft Beauty College were Barbering (15 degrees awarded), General Cosmetology (10 degrees), and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2022, 79 degrees were awarded across all undergraduate and graduate programs at Ravenscroft Beauty College. 86.1% of these degrees were awarded to women, and 13.9% awarded men. The most common race/ethnicity group of degree recipients was white (32 degrees), 1.03 times more than then the next closest race/ethnicity group, black or african american (31 degrees).

In 2019 the default rate for borrower's at Ravenscroft Beauty College was 0.82%, corresponding to 1 out of the 122 total borrowers.

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

Costs

In 2022, 58% of undergraduate students attending Ravenscroft Beauty College received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Average Net Price

100%
1 Year Growth

This chart compares the average net price of Ravenscroft Beauty College (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.

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Financial Aid by Income Level

58%
Undergraduates Receiving Financial Aid through Grants
49%
Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Ravenscroft Beauty College received financial aid through grants or loans in 2022. This represents a decline of 15.9% with respect to 2021, when 69% of undergraduate students received financial aid.

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

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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.
0.82%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Ravenscroft Beauty College was 0.82%, which represents 1 out of the 122 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.

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Enrollment

Ravenscroft Beauty College had a total enrollment of 119 students in 2022. The full-time enrollment at Ravenscroft Beauty College is 61 students and the part-time enrollment is 58. This means that 51.3% of students enrolled at Ravenscroft Beauty College are enrolled full-time.

The enrolled student population at Ravenscroft Beauty College, both undergraduate and graduate, is 41.2% White, 39.5% Black or African American, 6.72% Asian, 6.72% Two or More Races, and 5.88% Hispanic or Latino.

Students enrolled at Ravenscroft Beauty College in full-time Undergraduate programs are most commonly White Female (41%), followed by Black or African American Female (37.7%) and Two or More Races Female (9.84%).

Full-Time vs Part-Time Enrollment

51.3%
Full-Time Enrollment

The total enrollment at Ravenscroft Beauty College in 2022, both undergraduate and graduate, is 119 students. The full-time enrollment at Ravenscroft Beauty College is 61 and the part-time enrollment is 58.

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

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Retention Rate over Time

100%
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 Ravenscroft Beauty College was 100%.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    49 enrolled students
  2. Black or African American
    47 enrolled students
  3. Asian
    8 enrolled students

The enrolled student population at Ravenscroft Beauty College is 41.2% White, 39.5% Black or African American, 6.72% Asian, 6.72% Two or More Races, and 5.88% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 57 more women than men received degrees from Ravenscroft Beauty College. The most common race/ethnicity group of degree recipients at Ravenscroft Beauty College is white (32 degrees awarded). There were 1.03 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Ravenscroft Beauty College is Barbering (15 degrees awarded), followed by General Cosmetology (10 degrees) and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2022,  the most specialized majors across all degree types at Ravenscroft Beauty College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (79 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 Ravenscroft Beauty College 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 Ravenscroft Beauty College in 2022 are Personal & Culinary Services (79 degrees awarded) (as of 2022).

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

The most specialized majors at Ravenscroft Beauty College are Personal & Culinary Services (79 degrees awarded) (as of 2022).

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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 Ravenscroft Beauty College 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 Ravenscroft Beauty College are Personal & Culinary Services (79 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Ravenscroft Beauty College.
Most Common (2022)
  1. Barbering
    15 degrees awarded
  2. General Cosmetology
    10 degrees awarded
  3. Cosmetology, Barber, & Nail Instructor
    1 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Ravenscroft Beauty College was Barbering with 15 degrees awarded.

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

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Sex Breakdown for Common Majors

11
Degrees Awarded to Men
in 2022
68
Degrees Awarded to Women
in 2022

In 2022, 11 degrees were awarded to men at Ravenscroft Beauty College, which is 0.162 times less than the number of degrees awarded to females (68).

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

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Most Common Male Majors

In 2022, 11 degrees were awarded to men at Ravenscroft Beauty College in Barbering, which is 2.75 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2022, 27 degrees were awarded to women at Ravenscroft Beauty College in Nail Specialist & Manicurist. There were no male recipients with the same degree.

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Time to Complete

2%
100% Completion Time
37%
150% Completion Time

In 2022, 2% of students graduating from Ravenscroft Beauty College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 37% completed their degrees within 150% of the normal time, and 39% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    32 degrees awarded
  2. Black or African American
    31 degrees awarded
  3. Two or More Races
    6 degrees awarded

The most common race/ethnicity at Ravenscroft Beauty College is white (32 degrees awarded). There were 1.03 times more white recipients than the next closest race/ethnicity group, black or african american (31 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    30 degrees awarded
  2. Black or African American Female
    26 degrees awarded
  3. Black or African American Male
    5 degrees awarded

The most common race/ethnicity and sex grouping at Ravenscroft Beauty College is white female (30 degrees awarded). There were 1.15 times more white female recipients than the next closest race/ethnicity group, black or african american female (26 degrees).

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Operations

Salary Expenditure

$602k
2022 Salaries
28.2%
growth from 2021

In 2022, Ravenscroft Beauty College paid a median of $602k in salaries, a 28.2% growth from the previous year. This is compared to a 16.5% decline between 2020 and 2021, and a 5.85% growth between 2019 and 2020.

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

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