New York Institute of Beauty

www.nyib.edu

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2022 Average Net Price

$32,380

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

248

31.9% Full-Time

About

New York Institute of Beauty is a higher education institution located in Suffolk County, NY. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at New York Institute of Beauty were Master Aesthetician (77 degrees awarded).

In 2022, 232 degrees were awarded across all undergraduate and graduate programs at New York Institute of Beauty. 99.1% of these degrees were awarded to women, and 0.862% awarded men. The most common race/ethnicity group of degree recipients was white (125 degrees), 1.84 times more than then the next closest race/ethnicity group, hispanic or latino (68 degrees).

In 2020 the default rate for borrower's at New York Institute of Beauty was 0%, corresponding to 0 out of the 116 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $32,380.

In 2022, 35% of undergraduate students attending New York Institute of Beauty received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Average Net Price

$32,380

2022 Value

38.5%

1 Year Growth

In 2022 New York Institute of Beauty had an average net price — the price paid after factoring in grants and loans — of $32,380. Between 2021 and 2022, the average net price of New York Institute of Beauty grew by 38.5%.

This chart compares the average net price of New York Institute of Beauty (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

35%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

35% of undergraduate students at New York Institute of Beauty received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 35% of undergraduate students received financial aid.

This chart compares the average award discount at New York Institute of Beauty (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at New York Institute of Beauty was 0%, which represents 0 out of the 116 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

New York Institute of Beauty had a total enrollment of 248 students in 2022. The full-time enrollment at New York Institute of Beauty is 79 students and the part-time enrollment is 169. This means that 31.9% of students enrolled at New York Institute of Beauty are enrolled full-time.

The enrolled student population at New York Institute of Beauty, both undergraduate and graduate, is 52.8% White, 30.6% Hispanic or Latino, 6.05% Black or African American, 3.23% Two or More Races, 0.806% Asian, and 0.403% American Indian or Alaska Native.

Students enrolled at New York Institute of Beauty in full-time Undergraduate programs are most commonly White Female (57%), followed by Hispanic or Latino Female (24.1%) and Black or African American Female (6.33%).

Full-Time vs Part-Time Enrollment

31.9%

Full-Time Enrollment

The total enrollment at New York Institute of Beauty in 2022, both undergraduate and graduate, is 248 students. The full-time enrollment at New York Institute of Beauty is 79 and the part-time enrollment is 169.

This chart shows the full-time vs part-time enrollment status at New York Institute of Beauty (in red) compares to similar universities.

Retention Rate over Time

88%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at New York Institute of Beauty was 88%.

This chart shows the retention rate over time at New York Institute of Beauty (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
131 enrolled students
Hispanic or Latino
76 enrolled students
Black or African American
15 enrolled students

The enrolled student population at New York Institute of Beauty is 52.8% White, 30.6% Hispanic or Latino, 6.05% Black or African American, 3.23% Two or More Races, 0.806% Asian, and 0.403% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 12 students (4.84%) did not report their race.

Graduates

In 2022, 228 more women than men received degrees from New York Institute of Beauty. The most common race/ethnicity group of degree recipients at New York Institute of Beauty is white (125 degrees awarded). There were 1.84 times more white recipients than the next closest race/ethnicity group, hispanic or latino (68 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at New York Institute of Beauty is Master Aesthetician (77 degrees awarded).

In 2022, the most specialized majors across all degree types at New York Institute of Beauty, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (232 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New York Institute of Beauty are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at New York Institute of Beauty in 2022 are Personal & Culinary Services (232 degrees awarded) (as of 2022).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New York Institute of Beauty are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at New York Institute of Beauty are Personal & Culinary Services (232 degrees awarded) (as of 2022).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at New York Institute of Beauty are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at New York Institute of Beauty are Personal & Culinary Services (232 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New York Institute of Beauty.

Master Aesthetician

Most Common (2022)

77 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at New York Institute of Beauty was Master Aesthetician with 77 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at New York Institute of Beauty according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

230

Degrees Awarded to Women

in 2022

In 2022, 2 degrees were awarded to men at New York Institute of Beauty, which is 0.0087 times less than the number of degrees awarded to females (230).

This chart displays the sex disparity between the top 5 majors at New York Institute of Beauty by degrees awarded.

Most Common Male Majors

In 2022, 2 degrees were awarded to men at New York Institute of Beauty in Aesthetician & Skin Care Specialist, which is 0.0131 times less than the 153 female recipients with that same degree.

Most Common Female Majors

In 2022, 153 degrees were awarded to men at New York Institute of Beauty in Aesthetician & Skin Care Specialist, which is 76.5 times more than the 2 male recipients with that same degree.

Time to Complete

100% Completion Time

80%

150% Completion Time

In 2022, 0% of students graduating from New York Institute of Beauty completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 80% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
125 degrees awarded
Hispanic or Latino
68 degrees awarded
Black or African American
24 degrees awarded

The most common race/ethnicity at New York Institute of Beauty is white (125 degrees awarded). There were 1.84 times more white recipients than the next closest race/ethnicity group, hispanic or latino (68 degrees).

3.02% of degree recipients (7 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
123 degrees awarded
Hispanic or Latino Female
68 degrees awarded
Black or African American Female
24 degrees awarded

The most common race/ethnicity and sex grouping at New York Institute of Beauty is white female (123 degrees awarded). There were 1.81 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (68 degrees).

Operations

Salary Expenditure

$1.2M

2022 Salaries

208%

growth from 2021

In 2022, New York Institute of Beauty paid a median of $1.2M in salaries, a 208% growth from the previous year. This is compared to a 13.8% decline between 2020 and 2021, and a 53.8% decline between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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