Summit Salon Academy campus
Summit Salon Academy logo

Summit Salon Academy

Type Less than 2 year, Private
Business Model For Profit
Campus locale City: Small
Degrees offered Undergraduate
Calendar system Differs by program
Student body size Small
Student to faculty ratio 13 to 1
Students retention rate 81%
On-time graduation rate 6%

Located in Anderson, Indiana, Summit Salon Academy is a private, for profit institution that offers undergraduate degrees.

One of the notable aspects of Summit Salon Academy 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.

Summit Salon Academy 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.

With a students-to-faculty ratio of 13-to-1, Summit Salon Academy emphasizes small class sizes, fostering a supportive and interactive learning environment.

While the on-time graduation rate at Summit Salon Academy is reported to be 6%, 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, Indiana state's graduation rate for the 2021-2022 was 48% whereas the national average was 69%.

Summit Salon Academy boasts an impressive student retention rate of 81% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 66% and 76%, respectively.


  • Accredited by: National Accrediting Commission of Career Arts and Sciences

Tuition & Fees

The most popular programs at Summit Salon Academy are Aesthetician/Esthetician and Skin Care Specialist, 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

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 Summit Salon Academy was $15,708. 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

Summit Salon Academy net price calculator

$15,708

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

Indiana's average $9,921
National average $17,367
Below is the net price of Summit Salon Academy 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 $15,708 $1,591 (11%) $14,752 $15,025 $19,663 $19,306 $19,729
2021 $14,117 $616 (4%) $12,520 $11,603 $15,522 $16,616 $17,298
2020 $14,733 $1,820 (14%) $13,901 $13,579 $16,546 $18,683 $18,350
2019 $12,913 $1,963 (18%) $12,530 $10,117 $15,477 $17,197 $15,197
2018 $10,950 $2,056 (16%) $10,560 $11,730 $14,324 $12,570 $15,379
2017 $13,006 $2,124 (20%) $9,932 $13,871 $14,052 $16,721 $16,721
2016 $10,882 $3,427 (24%) $10,530 $9,948 $15,848 $14,848 $14,348
2015 $14,309 $2,100 (17%) $13,641 $16,490 $16,971 $17,685 $18,685
2014 $12,209 -- $11,677 $12,052 $14,160 $15,510 $13,510

Tuition Plans

Tuition plans offered by Summit Salon Academy 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, 68 of freshman students at Summit Salon Academy received on average $4,394 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.

$4,394
Students Receiving Aid Average Amount Total Amount
Pell Grant 47 64% $4,526 $212,707
Other Federal Grant 47 64% $4,526 $212,707
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 7 9% $1,000 $7,000
Total Grant & Scholarships 50 68% $4,394 $219,707

Average Student Loans

In 2022, 91% of freshman students at Summit Salon Academy received $6,290 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$6,290
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 67 91% $6,290 $421,419
Private Loans 0 0% - -
Total Loans 67 91% $6,290 $421,419

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.

$4,741
Average aid amount
2022

Academic Programs

Below is a list of academic programs offered at Summit Salon Academy sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 96

Cosmetology/Cosmetologist

Undergraduate Certificate 47 students

Aesthetician/Esthetician and Skin Care Specialist

Undergraduate Certificate 40 students

Nail Technician/Specialist and Manicurist

Undergraduate Certificate 8 students

Cosmetology, Barber/Styling, and Nail Instructor

Undergraduate Certificate 1 students

Outcome

Graduation Rate

Out of 46 students who enrolled in 2018 and after, 3 students graduated within the normal graduation time of their respective program and 40 students graduated late (within 150% of the normal time it takes to graduate).

87.0%

Dropout Rate

Out of 46 students who enrolled in 2018 and after, 6 students dropped out of the school.

13.0%

Students Population

Gender Diversity

Very Low

Based on the 2021-2022 data, the undergraduate student population at Summit Salon Academy is greatly skewed towards women students, with 96.0% of undergraduate students being women and 4.0% being men. The total number of full-time, first-year undergraduate students is 124, with 119 women and 5 men.

  • men 4.0% 5 students
  • women 96.0% 119 students

Students Age Diversity

  • 18-19 26% 32 students
  • 22-24 23% 28 students
  • 20-21 20% 25 students
  • 25-29 15% 19 students
  • 35-39 7% 9 students
  • 30-34 3% 4 students
  • 40-49 3% 4 students
  • 50-64 2% 2 students

Miscellaneous

Service Offerings

Summit Salon Academy provides the following additional services to its students
  • Placement services for graduates
  • Academic/career counseling services

Educational Offerings

Summit Salon Academy offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Academic

Veteran Services

  • Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)