Gould's Academy campus
Gould's Academy logo

Gould's Academy

Type Less than 2 year, Private
Business Model For Profit
Campus locale City: Large
Degrees offered Undergraduate
Calendar system Continuous
Student body size Small
Student to faculty ratio 8 to 1
Students retention rate 67%
On-time graduation rate 37%

Located in Memphis, Tennessee, Gould's Academy 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 Gould's Academy 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.

Gould's Academy is accredited by the National Accrediting Commission of Career Arts and Sciences, 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.

With a students-to-faculty ratio of 8-to-1, Gould's Academy emphasizes small class sizes, fostering a supportive and interactive learning environment.

While the on-time graduation rate at Gould's Academy is reported to be 37%, 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, Tennessee state's graduation rate for the 2021-2022 was 52% whereas the national average was 69%.

The retention rate of students at Gould's Academy is 67% , which is lower than both the state and national averages. The state average retention rate in Tennessee is 70%, while the national average is 76%. This indicates that a significant proportion of students who enroll at Gould's Academy do not continue their studies after the first year.


  • Accredited by: National Accrediting Commission of Career Arts and Sciences

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 Gould's Academy are Aesthetician/Esthetician and Skin Care Specialist, Barbering/Barber. Below is the cost of attendance for these programs as well as the cost of attendance for similar schools that provide the same program.

Aesthetician/Esthetician and Skin Care Specialist

Barbering/Barber

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 Gould's Academy was $16,945. 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

Gould's Academy net price calculator

$16,945

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

Tennessee's average $14,439
National average $17,367
Below is the net price of Gould's Academy 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 $16,945 $3,085 (22%) $15,861 $15,142 $19,405 $20,430
2021 $13,860 $2,804 (17%) $13,110 $14,560 $14,760 $19,305
2020 $16,664 $385 (2%) $18,577 $16,855 $22,500
2019 $16,279 $579 (4%) $18,586 $18,285 $20,430 $22,500 $22,500
2018 $15,700 $1,175 (8%) $14,883 $16,631
2017 $14,525 $1,550 (12%) $13,475 $17,042
2016 $12,975 -- $14,311 $16,838

Tuition Plans

Tuition plans offered by Gould's Academy 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, 61 of freshman students at Gould's Academy received on average $3,945 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.

$3,945
Students Receiving Aid Average Amount Total Amount
Pell Grant 11 61% $3,945 $43,393
Other Federal Grant 11 61% $3,945 $43,393
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 0 0% - -
Total Grant & Scholarships 11 61% $3,945 $43,393

Average Student Loans

In 2022, 83% of freshman students at Gould's Academy received $6,393 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$6,393
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 15 83% $6,393 $95,893
Private Loans 0 0% - -
Total Loans 15 83% $6,393 $95,893

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

Academic Programs

Below is a list of academic programs offered at Gould's Academy sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 96

Aesthetician/Esthetician and Skin Care Specialist

Undergraduate Certificate 47 students

Nail Technician/Specialist and Manicurist

Undergraduate Certificate 26 students

Cosmetology/Cosmetologist

Undergraduate Certificate 23 students

Barbering/Barber

No graduate

Outcome

Graduation Rate

Out of 30 students who enrolled in 2018 and after, 11 students graduated within the normal graduation time of their respective program and 20 students graduated late (within 150% of the normal time it takes to graduate).

66.7%

Dropout Rate

Out of 30 students who enrolled in 2018 and after, 7 students dropped out of the school.

23.3%

Transferred Out

Out of 30 students who enrolled in 2018 and after, 2 students transferred out of the school.

6.7%

Still Enrolled

From the cohort of 2018, as of August 31, 2021, 1 students are still enrolled in the school.

3.3%

Students Population

Gender Diversity

Very Low

Based on the 2021-2022 data, the undergraduate student population at Gould's Academy is greatly skewed towards women students, with 99.4% of undergraduate students being women and 0.6% being men. The total number of full-time, first-year undergraduate students is 158, with 157 women and 1 men.

  • men 0.6% 1 students
  • women 99.4% 157 students

Students Age Diversity

  • 25-29 25% 39 students
  • 22-24 23% 37 students
  • 20-21 19% 30 students
  • 18-19 14% 23 students
  • 30-34 12% 19 students
  • 35-39 4% 7 students
  • 40-49 1% 2 students

Miscellaneous

Educational Offerings

Gould's Academy offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Academic

Veteran Services

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