| Type | Less than 2 year, Private |
|---|---|
| Business Model | For Profit |
| Campus locale | Suburb: Large |
| Degrees offered | Undergraduate |
| Calendar system | Continuous |
| Student body size | Small |
|---|---|
| Student to faculty ratio | 27 to 1 |
| Students retention rate | 86% |
| On-time graduation rate | 16% |
Located in Waterford, Michigan, Marketti Academy 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 Marketti Academy 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.
Marketti Academy 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 Marketti Academy of Cosmetology is reported to be 16%, 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, Michigan state's graduation rate for the 2021-2022 was 48% whereas the national average was 69%.
Marketti Academy of Cosmetology boasts an impressive student retention rate of 86% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 76% 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
Cosmetology/Cosmetologist, General
| Program Length | 13 months |
| Tuition and Fees | $16,315 |
| Books and Supplies | $1,275 |
| Total Cost | $17,590 |
Cosmetology, Barber/Styling, and Nail Instructor
| Program Length | 4 months |
| Tuition and Fees | $2,115 |
| Books and Supplies | $300 |
| Total Cost | $2,415 |
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 Marketti Academy of Cosmetology was $6,012. 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 Michigan and nationwide.
| Michigan's average | $12,908 |
|---|---|
| National average | $17,367 |
How does Marketti Academy of Cosmetology's $6,012 net price compare to similar institutions nationwide?
| College name | College Type | Average net price | Comparison |
|---|---|---|---|
Elevate Salon Institute-Westminster
Westminster
CO
|
Private | $13,155 |
119% Expensive
|
Tuition Plans
Tuition plans offered by Marketti Academy of Cosmetology during 2022 academic year.
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Prepaid tuition planNot Offered
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Guaranteed tuition planNot Offered
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Tuition payment planOffered
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Other alternative tuition planNot Offered
Financial Aid
Average Grant & Scholarships
In 2022, 26 of freshman students at Marketti Academy of Cosmetology received on average $2,446 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, 26% of freshman students at Marketti Academy of Cosmetology received $4,447 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.
Academic Programs
Culinary and Personal Services
Total number of students graduated under this category 50Aesthetician/Esthetician and Skin Care Specialist
Cosmetology/Cosmetologist
Nail Technician/Specialist and Manicurist
Cosmetology, Barber/Styling, and Nail Instructor
Outcome
Graduation Rate
Out of 25 students who enrolled in 2018 and after, 4 students graduated within the normal graduation time of their respective program and 18 students graduated late (within 150% of the normal time it takes to graduate).
72.0%
Dropout Rate
Out of 25 students who enrolled in 2018 and after, 7 students dropped out of the school.
28.0%
Students Population
Gender Diversity
Based on the 2021-2022 data, the undergraduate student population at Marketti Academy of Cosmetology is greatly skewed towards women students, with 98.8% of undergraduate students being women and 1.2% being men. The total number of full-time, first-year undergraduate students is 82, with 81 women and 1 men.
- men 1.2% 1 students
- women 98.8% 81 students
Students Age Diversity
- 25-29 28% 23 students
- 18-19 20% 16 students
- 22-24 20% 16 students
- 30-34 10% 8 students
- 20-21 9% 7 students
- 35-39 7% 6 students
- 50-64 4% 3 students
- 40-49 2% 2 students
Miscellaneous
Service Offerings
- Placement services for graduates
Educational Offerings
- Occupational