| 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 | 15 to 1 |
| Students retention rate | 90% |
| On-time graduation rate | 35% |
Located in Bloomington, Illinois, Hairmasters Institute of Cosmetology 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 Hairmasters Institute of Cosmetology 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.
Hairmasters Institute of Cosmetology 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.
While the on-time graduation rate at Hairmasters Institute of Cosmetology is reported to be 35%, 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, Illinois state's graduation rate for the 2021-2022 was 48% whereas the national average was 69%.
Hairmasters Institute of Cosmetology boasts an impressive student retention rate of 90% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 70% and 76%, respectively.
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Accredited by: National Accrediting Commission of Career Arts and Sciences
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
Barbering/Barber
| Program Length | 13 months |
| Tuition and Fees | $15,100 |
| Books and Supplies | $1,500 |
| Total Cost | $16,600 |
Cosmetology, Barber/Styling, and Nail Instructor
| Program Length | 12 months |
| Tuition and Fees | $10,100 |
| Books and Supplies | $300 |
| Total Cost | $10,400 |
Similar schools that provide the same program:
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 Hairmasters Institute of Cosmetology was $8,575. 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
Below is the average net price of Less than 2 year, private For Profit colleges in Illinois and nationwide.
| Illinois's average | $13,084 |
|---|---|
| National average | $17,367 |
Tuition Plans
Tuition plans offered by Hairmasters Institute of Cosmetology during 2022 academic year.
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Prepaid tuition planOffered
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Guaranteed tuition planOffered
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Tuition payment planOffered
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Other alternative tuition planNot Offered
Financial Aid
Average Grant & Scholarships
In 2022, 100 of freshman students at Hairmasters Institute of Cosmetology received on average $4,512 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.
Average Student Loans
In 2022, 100% of freshman students at Hairmasters Institute of Cosmetology received $5,366 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.
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.
Academic Programs
Culinary and Personal Services
Total number of students graduated under this category 38Cosmetology/Cosmetologist
Cosmetology, Barber/Styling, and Nail Instructor
Barbering/Barber
Outcome
Graduation Rate
Out of 51 students who enrolled in 2018 and after, 18 students graduated within the normal graduation time of their respective program and 44 students graduated late (within 150% of the normal time it takes to graduate).
86.3%
Still Enrolled
From the cohort of 2018, as of August 31, 2021, 7 students are still enrolled in the school.
13.7%
Students Population
Gender Diversity
Based on the 2021-2022 data, the undergraduate student population at Hairmasters Institute of Cosmetology is greatly skewed towards women students, with 97.4% of undergraduate students being women and 2.6% being men. The total number of full-time, first-year undergraduate students is 78, with 76 women and 2 men.
- men 2.6% 2 students
- women 97.4% 76 students
Students Age Diversity
- 22-24 27% 21 students
- 18-19 22% 17 students
- 25-29 21% 16 students
- 20-21 13% 10 students
- 30-34 12% 9 students
- 35-39 6% 5 students
Miscellaneous
Service Offerings
- Placement services for graduates
- Academic/career counseling services
- Employment services for students
Educational Offerings
- Academic
Special Learning Opportunities
- Weekend/evening classes