Premier Barber Institute

www.premierbarberinstitute.com

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2022 Average Net Price
$25,426
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
70
100% Full-Time

About

Premier Barber Institute is a higher education institution located in Montgomery County, PA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Premier Barber Institute were Barbering (24 degrees awarded) and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2022, 28 degrees were awarded across all undergraduate and graduate programs at Premier Barber Institute. 21.4% of these degrees were awarded to women, and 78.6% awarded men. The most common race/ethnicity group of degree recipients was white (13 degrees), 1.18 times more than then the next closest race/ethnicity group, black or african american (11 degrees).

In 2020 the default rate for borrower's at Premier Barber Institute was 0%, corresponding to 0 out of the 43 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 $25,426.

In 2022, 71% of undergraduate students attending Premier Barber Institute received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Average Net Price

$25,426
2022 Value
22.3%
1 Year Growth

In 2022 Premier Barber Institute had an average net price — the price paid after factoring in grants and loans — of $25,426. Between 2021 and 2022, the average net price of Premier Barber Institute grew by 22.3%.

This chart compares the average net price of Premier Barber Institute (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.

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Financial Aid by Income Level

71%
Undergraduates Receiving Financial Aid through Grants
79%
Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at Premier Barber Institute received financial aid through grants or loans in 2022. This represents a growth of 29.1% with respect to 2021, when 55% of undergraduate students received financial aid.

This chart compares the average award discount at Premier Barber Institute (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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Premier Barber Institute was 0%, which represents 0 out of the 43 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.

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Enrollment

Premier Barber Institute had a total enrollment of 70 students in 2022. The full-time enrollment at Premier Barber Institute is 70 students and the part-time enrollment is 0. This means that 100% of students enrolled at Premier Barber Institute are enrolled full-time.

The enrolled student population at Premier Barber Institute, both undergraduate and graduate, is 60% Black or African American, 18.6% White, 12.9% Hispanic or Latino, 5.71% Two or More Races, and 1.43% American Indian or Alaska Native.

Students enrolled at Premier Barber Institute in full-time Undergraduate programs are most commonly Black or African American Male (44.3%), followed by White Male (17.1%) and Black or African American Female (15.7%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Premier Barber Institute in 2022, both undergraduate and graduate, is 70 students. The full-time enrollment at Premier Barber Institute is 70 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Premier Barber Institute (in red) compares to similar universities.

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Retention Rate over Time

83%
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 Premier Barber Institute was 83%.

This chart shows the retention rate over time at Premier Barber Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    42 enrolled students
  2. White
    13 enrolled students
  3. Hispanic or Latino
    9 enrolled students

The enrolled student population at Premier Barber Institute is 60% Black or African American, 18.6% White, 12.9% Hispanic or Latino, 5.71% Two or More Races, and 1.43% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 16 fewer women than men received degrees from Premier Barber Institute. The most common race/ethnicity group of degree recipients at Premier Barber Institute is white (13 degrees awarded). There were 1.18 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Premier Barber Institute is Barbering (24 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2022,  the most specialized majors across all degree types at Premier Barber Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (28 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 Premier Barber Institute 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 Premier Barber Institute in 2022 are Personal & Culinary Services (28 degrees awarded) (as of 2022).

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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 Premier Barber Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Premier Barber Institute are Personal & Culinary Services (28 degrees awarded) (as of 2022).

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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 Premier Barber Institute 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 Premier Barber Institute are Personal & Culinary Services (28 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Premier Barber Institute.
Most Common (2022)
  1. Barbering
    24 degrees awarded
  2. Cosmetology, Barber, & Nail Instructor
    1 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Premier Barber Institute was Barbering with 24 degrees awarded.

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

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Sex Breakdown for Common Majors

22
Degrees Awarded to Men
in 2022
6
Degrees Awarded to Women
in 2022

In 2022, 22 degrees were awarded to men at Premier Barber Institute, which is 3.67 times more than the number of degrees awarded to females (6).

This chart displays the sex disparity between the top 5 majors at Premier Barber Institute by degrees awarded.

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Most Common Male Majors

In 2022, 21 degrees were awarded to men at Premier Barber Institute in Barbering, which is 3.5 times more than the 6 female recipients with that same degree.

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Most Common Female Majors

In 2022, 6 degrees were awarded to men at Premier Barber Institute in Barbering, which is 0.286 times less than the 21 male recipients with that same degree.

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Time to Complete

20%
100% Completion Time
60%
150% Completion Time

In 2022, 20% of students graduating from Premier Barber Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    13 degrees awarded
  2. Black or African American
    11 degrees awarded
  3. Hispanic or Latino
    2 degrees awarded

The most common race/ethnicity at Premier Barber Institute is white (13 degrees awarded). There were 1.18 times more white recipients than the next closest race/ethnicity group, black or african american (11 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Male
    10 degrees awarded
  2. White Male
    10 degrees awarded
  3. White Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Premier Barber Institute is black or african american male (10 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, white male (10 degrees).

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Operations

Salary Expenditure

$201k
2022 Salaries
5.24%
decline from 2021

In 2022, Premier Barber Institute paid a median of $201k in salaries, a 5.24% decline from the previous year. This is compared to a 29.9% decline between 2020 and 2021, and a 17.9% growth between 2019 and 2020.

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

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