Michael's School of Hair Design & Esthetics campus
Michael's School of Hair Design & Esthetics logo

Michael's School of Hair Design & Esthetics

Type Less than 2 year, Private
Business Model For Profit
Campus locale Suburb: Midsize
Degrees offered Undergraduate
Calendar system Differs by program
Student body size Small
Student to faculty ratio 15 to 1
Students retention rate 93%
On-time graduation rate 34%

Located in Bedford, New Hampshire, Michael's School of Hair Design & Esthetics is a private, for profit institution that offers undergraduate degrees.

One of the notable aspects of Michael's School of Hair Design & Esthetics 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.

While the on-time graduation rate at Michael's School of Hair Design & Esthetics is reported to be 34%, 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, New Hampshire state's graduation rate for the 2021-2022 was 55% whereas the national average was 69%.

Michael's School of Hair Design & Esthetics boasts an impressive student retention rate of 93% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 75% and 76%, respectively.


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 Michael's School of Hair Design & Esthetics are Aesthetician/Esthetician and Skin Care Specialist, 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.

Aesthetician/Esthetician and Skin Care Specialist

Barbering/Barber

Cosmetology, Barber/Styling, and Nail Instructor

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 Michael's School of Hair Design & Esthetics was $20,574. 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

Michael's School of Hair Design & Esthetics net price calculator

$20,574

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

New Hampshire's average $18,380
National average $17,367
Below is the net price of Michael's School of Hair Design & Esthetics 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 $20,574 $5,324 (35%) $19,110 $25,292 $19,672 $24,520 $24,532
2021 $15,250 $922 (6%) $14,229 $13,669 $16,212 $17,380 $17,555
2020 $16,172 $880 (6%) $16,330 $17,593 $16,965 $19,225
2019 $15,292 $1,474 (9%) $14,410 $15,772 $15,195 $18,431 $19,020
2018 $16,766 $1,269 (7%) $14,547 $16,591 $18,250 $17,321 $18,821
2017 $18,035 $174 $16,961 $17,965 $18,984 $21,359 $20,684
2016 $18,209 $591 (3%) $15,831 $17,684 $19,535 $20,622 $20,542
2015 $18,800 $553 (3%) $16,454 $18,756 $20,768 $21,160 $21,093
2014 $18,247 -- $16,245 $17,407 $19,566 $20,715 $20,831

How does Michael's School of Hair Design & Esthetics's $20,574 net price compare to similar institutions nationwide?

The national average net price of private, Less than 2 year institutions is $17,367. However, for New Hampshire colleges, that number is $18,380. The table below displays the average net price of comparable colleges:
College name College Type Average net price Comparison
Paul Mitchell the School-Portsmouth logo Paul Mitchell the School-Portsmouth
Portsmouth NH
Private $13,023 37% Cheaper

Tuition Plans

Tuition plans offered by Michael's School of Hair Design & Esthetics 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, 97 of freshman students at Michael's School of Hair Design & Esthetics received on average $4,867 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.

$4,867
Students Receiving Aid Average Amount Total Amount
Pell Grant 26 67% $4,574 $118,916
Other Federal Grant 26 67% $4,699 $122,166
State Grant/Scholarships 3 8% $4,000 $12,000
Institutional Grant/Scholarships 32 82% $1,587 $50,795
Total Grant & Scholarships 38 97% $4,867 $184,961

Average Student Loans

In 2022, 90% of freshman students at Michael's School of Hair Design & Esthetics received $6,305 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$6,305
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 35 90% $6,305 $220,660
Private Loans 0 0% - -
Total Loans 35 90% $6,305 $220,660

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.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$8,053
Average aid amount
2022

Academic Programs

Below is a list of academic programs offered at Michael's School of Hair Design & Esthetics sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 71

Cosmetology/Cosmetologist

Undergraduate Certificate 39 students

Aesthetician/Esthetician and Skin Care Specialist

Undergraduate Certificate 32 students

Barbering/Barber

No graduate

Cosmetology, Barber/Styling, and Nail Instructor

No graduate

Outcome

Graduation Rate

Out of 41 students who enrolled in 2018 and after, 14 students graduated within the normal graduation time of their respective program and 37 students graduated late (within 150% of the normal time it takes to graduate).

90.2%

Dropout Rate

Out of 41 students who enrolled in 2018 and after, 4 students dropped out of the school.

9.8%

Students Population

Gender Diversity

Very Low

Based on the 2021-2022 data, the undergraduate student population at Michael's School of Hair Design & Esthetics is greatly skewed towards women students, with 96.4% of undergraduate students being women and 3.6% being men. The total number of full-time, first-year undergraduate students is 84, with 81 women and 3 men.

  • men 3.6% 3 students
  • women 96.4% 81 students

Students Age Diversity

  • 18-19 26% 22 students
  • 20-21 25% 21 students
  • 22-24 14% 12 students
  • 25-29 14% 12 students
  • 30-34 13% 11 students
  • 35-39 4% 3 students
  • 40-49 1% 1 students
  • 50-64 1% 1 students

Miscellaneous

Service Offerings

Michael's School of Hair Design & Esthetics provides the following additional services to its students
  • Placement services for graduates
  • Academic/career counseling services
  • Employment services for students

Educational Offerings

Michael's School of Hair Design & Esthetics 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)