Diamonds Cosmetology College campus
Diamonds Cosmetology College logo

Diamonds Cosmetology College

Type Less than 2 year, Private
Business Model For Profit
Campus locale City: Small
Degrees offered Undergraduate
Calendar system Continuous
Student body size Small
Student to faculty ratio 18 to 1
Students retention rate 75%
On-time graduation rate 10%

Located in Sherman, Texas, Diamonds Cosmetology College is a private, for profit institution that offers undergraduate degrees. The college operates on a continuous calendar system, providing flexibility in scheduling.

One of the notable aspects of Diamonds Cosmetology College is its open admission policy. This means that all high school graduates and individuals who hold a GED qualification are eligible to apply for admission. This inclusive approach allows a wide range of students to pursue their higher education goals, regardless of their academic background.

Diamonds Cosmetology College is accredited by the Council on Occupational Education, ensuring that the institution meets certain standards of quality and effectiveness. This accreditation also allows students to transfer credits to other accredited institutions if they choose to continue their education elsewhere.

The student-to-faculty ratio at Diamonds Cosmetology College is 18-to-1, which is slightly higher than both the state and national averages. The state average student-to-faculty ratio in Texas is 17-to-1, while the national average is 16-to-1. A lower student-to-faculty ratio generally allows for more personalized attention and interaction between students and faculty.

While the on-time graduation rate at Diamonds Cosmetology College is reported to be 10%, it is essential to consider the context of this statistic. For-profit institutions often serve a diverse student population, including many non-traditional students who may face unique challenges in completing their degrees. For comparison, Texas state's graduation rate for the 2021-2022 was 40% whereas the national average was 69%.

Diamonds Cosmetology College boasts an impressive student retention rate of 75% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 68% and 76%, respectively.


  • Accredited by: Council on Occupational Education

Admission

Open Admission

The institution does not have any selection criteria for enrollment. All high school graduates and GED certificate holders are eligible for admission.

Tuition & Fees

The most popular programs at Diamonds Cosmetology College are Barbering/Barber, Cosmetology, Barber/Styling, and Nail Instructor. Below is the cost of attendance for these programs as well as the cost of attendance for similar schools that provide the same program.

Barbering/Barber

Cosmetology, Barber/Styling, and Nail Instructor

Program Length 4 months
Tuition and Fees $3,175
Books and Supplies $275
Total Cost $3,450

Average Net Price

The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at Diamonds Cosmetology College was $18,044. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.

Financial aid includes federal, state, or local government grants and institutional grants and scholarships

Diamonds Cosmetology College net price calculator

$18,044

Below is the average net price of Less than 2 year, private For Profit colleges in Texas and nationwide.

Texas's average $10,664
National average $17,367
Below is the net price of Diamonds Cosmetology College for the past 10 years categorized by different levels of family income brackets.
Year Average Price Change Less than $30k $30k to $48k $48k to $75k $75k to $110k over $110k
2022 $18,044 $1,175 (6%) $17,810
2021 $19,219 $619 (3%) $19,457
2020 $18,600 $2,483 (15%) $18,600
2019 $16,117 $6,137 (61%) $16,260 $16,447 $18,005 $14,428
2018 $9,980 $868 (10%) $10,421
2017 $9,112 $42 $8,115 $9,468 $10,326 $11,825 $11,825
2016 $9,070 $1,335 (13%) $11,508
2015 $10,405 $2,090 (17%) $10,546 $8,239
2014 $12,495 -- $12,621

Tuition Plans

Tuition plans offered by Diamonds Cosmetology College during 2022 academic year.

  • Prepaid tuition plan
    Not Offered
  • Guaranteed tuition plan
    Not Offered
  • Tuition payment plan
    Offered
  • Other alternative tuition plan
    Not Offered

Financial Aid

Average Grant & Scholarships

In 2022, 59 of freshman students at Diamonds Cosmetology College received on average $4,298 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$4,298
Students Receiving Aid Average Amount Total Amount
Pell Grant 15 56% $4,339 $65,092
Other Federal Grant 15 56% $4,339 $65,092
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 2 7% $1,837 $3,673
Total Grant & Scholarships 16 59% $4,298 $68,765

Average Student Loans

In 2022, 56% of freshman students at Diamonds Cosmetology College received $6,283 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$6,283
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 15 56% $6,283 $94,250
Private Loans 0 0% - -
Total Loans 15 56% $6,283 $94,250

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

NO DATA
NO DATA
NO DATA
NO DATA

Academic Programs

Below is a list of academic programs offered at Diamonds Cosmetology College sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 46

Cosmetology/Cosmetologist

Undergraduate Certificate 23 students

Barbering/Barber

Undergraduate Certificate 20 students

Cosmetology, Barber/Styling, and Nail Instructor

Undergraduate Certificate 3 students

Outcome

Graduation Rate

Out of 49 students who enrolled in 2018 and after, 5 students graduated within the normal graduation time of their respective program and 16 students graduated late (within 150% of the normal time it takes to graduate).

32.6%

Dropout Rate

Out of 49 students who enrolled in 2018 and after, 33 students dropped out of the school.

67.4%

Students Population

Gender Diversity

Moderate

Based on the 2021-2022 data, the undergraduate student population at Diamonds Cosmetology College is greatly skewed towards women students, with 70.7% of undergraduate students being women and 29.3% being men. The total number of full-time, first-year undergraduate students is 58, with 41 women and 17 men.

  • men 29.3% 17 students
  • women 70.7% 41 students

Students Age Diversity

  • 22-24 22% 13 students
  • 18-19 21% 12 students
  • 20-21 21% 12 students
  • 30-34 19% 11 students
  • 25-29 10% 6 students
  • 35-39 3% 2 students

Miscellaneous

Service Offerings

Diamonds Cosmetology College provides the following additional services to its students
  • Placement services for graduates
  • Academic/career counseling services

Educational Offerings

Diamonds Cosmetology College offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Occupational

Veteran Services

  • Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)